taylorsk
106 posts
msg #96226
- Ignore taylorsk |
9/13/2010 1:16:29 PM
Big fan of the TRO milk the cow filter .
Decided to put my own spin on this filter. If you are not sure what Milk the COws is...Check out this thread here
http://forums.stockfetcher.com/sfforums/?q=view&tid=67236&start=0
TRO was originaly looking for 50 cents...I have adjusted this filter to indicate 2% and 3%....
SO the new colums indicate how oftern a stock made a 2% and a 3% gain and also loss. it also adds colums for the average # of times it made the 3% (short and long as well I have added a column for long short diff.
If these colums show a negative number then that stock has lost 2 or3% more oftern than gained 2 or 3% and is therefore statistically a better short
If the number is positive then it is statistically a better long. Feel free to edit and use for your own needs.
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TheRumpledOne
6,407 posts
msg #96437
- Ignore TheRumpledOne |
9/21/2010 5:41:35 PM
I did a % filter in the RUN FOREST, RUN thread.
Nice work.
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taylorsk
106 posts
msg #96438
- Ignore taylorsk |
9/21/2010 7:45:36 PM
Thanks TRO....I am going to have to re-read that....Dang! You mean I did duplicate work? I hate when that happens...!
Have been using thisfor a while now and it has gone well
IN and out of TEN today.
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taylorsk
106 posts
msg #97027
- Ignore taylorsk |
10/16/2010 1:20:40 PM
Been thinking about this filter and using it for the last little while for good day trade candidates.
Have a new take on it.
I have been setting stops at:
if it moves 0.5%against me - sell 65% of position
if it moves1% - sell remaining position
if it goes my way
sell 50% at 1% - move stop to break even
sell 25% at 2% - move stop to 1% gain
sell 25% at 2% or when price crosses the 20EMA on the 5 min
So I am now running the filter looking for counts on how often in the last 100 days a stock made 3% off the open to how often it lost 1% on the open.
Now I am exporting the results to exel and ranking the stocks so I am trading long the stocks that have statistically made 3% the most in the last 100 days while losing 1% the least.
It is not always the stock that made 3% most often that is the leader but statistically I think this makes more sense.
Anyone care to comment? TRO?
Anyone with a degree in statistics want to break a hole in my theory?
This is the long only version. According to this IVN and BID are the best long candidates. Meaning They made 3% the most ofte while losing 1% the least often
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