TheRumpledOne
6,407 posts
msg #67334
- Ignore TheRumpledOne |
9/16/2008 6:07:36 PM
RDN price action... just gotta love it!!
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johnpaulca
12,036 posts
msg #67340
- Ignore johnpaulca |
9/16/2008 11:08:04 PM
I got scared out of position...rookie mistake but still took 0.23 off the table...Avery what filter did you use to find RDN and ABK? I sure love them girls for the milking...lol
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TheRumpledOne
6,407 posts
msg #67345
- Ignore TheRumpledOne
modified |
9/17/2008 1:25:29 AM
The RUN FOREST, RUN filter.
RFR shows the statistics of how many times in the last 100 days a stock went up 10% or more from open to high ( and previous close to high).
If a stock goes up 20 or more times.. that means on average it should pop at least 10% once a week.
Do you realize what happens to your portfolio if you make 10% a week? Let's not even talk about compounding...LOL!
Not to mention, on the days they don't pop, you can make 1% or more.
And the funny thing is, they pop more over night than intraday so if you can't be a pattern day trader, you can buy at the close, sell at the open and not get tagged with a day trade. You need to have a margin account though, so you don't have to wait on the (archaic) 3 day settlement rule for funds to clear.
The perfect strategy for AGGRESSIVE GROWTH.
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johnpaulca
12,036 posts
msg #67356
- Ignore johnpaulca |
9/17/2008 9:10:22 AM
Thanks soooo much Avery. I am using RDN and TWM, they move in opposite direction, so I place a long and a short order...RFR.
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TheRumpledOne
6,407 posts
msg #67442
- Ignore TheRumpledOne |
9/18/2008 3:55:45 PM
Low $3.80
High $4.95
RUN RDN, RUN!!
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johnpaulca
12,036 posts
msg #67443
- Ignore johnpaulca |
9/18/2008 3:58:09 PM
Avery...took profits at 4.33....It kills me to leave so much money on the table...I guess I will get use to it.
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TheRumpledOne
6,407 posts
msg #67449
- Ignore TheRumpledOne |
9/18/2008 4:43:06 PM
Join the BIG TIPPERS CLUB... leaving all that money on the table.
Remember, you can always exit part of your position to lock in profit and let the rest ride with a breakeven stop.
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johnpaulca
12,036 posts
msg #67451
- Ignore johnpaulca |
9/18/2008 4:56:02 PM
I still have that swing trader mindset. My instinct was telling me to hold overnight, everything is pointing to higher prices.
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StJoe
91 posts
msg #67460
- Ignore StJoe |
9/18/2008 7:19:44 PM
Hey guys,
Is it safe meaning, are Firdays TOO dangerouso to look for a 2% pop tomorrow with SCA, RDN, or ABK or should I wait until Monday?
I will not be able to monitor it. I would just set my sell after the purchas.
thanks
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TheRumpledOne
6,407 posts
msg #67468
- Ignore TheRumpledOne |
9/18/2008 8:45:37 PM
Trading is NEVER SAFE... ANYTHING CAN HAPPEN!!
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