snappyfrog 731 posts msg #137845 - Ignore snappyfrog |
8/26/2017 2:16:13 PM
I use the same filter posted here. I don't look at ETF, volume is 1,000,000+. Other than that, I sort by 1% one week, 2% the next, 5% the next and then back to 1%, etc. I also do not pick a stock if it is that stock's Earnings Report (ER) week.
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snappyfrog 731 posts msg #137846 - Ignore snappyfrog |
8/26/2017 2:20:18 PM
Sorry, I was wrong. These are my other restrictions I have changed:
close is above 5
average volume(30) above 500000
and Price is between 5 and 250
sort column 8 descending
But like before I sort by 1%, 2% and 5% alternating each week, no ETF or ER week.
I did try using the line price above EMA(13), but I had better swings without this line.
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snappyfrog 731 posts msg #137847 - Ignore snappyfrog |
8/26/2017 2:23:16 PM
My picks for this week, Aug 27, 2017:
AA, CENX, MYOK, AROC and DVAX
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snappyfrog 731 posts msg #137848 - Ignore snappyfrog |
8/26/2017 2:27:12 PM
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novacane32000 331 posts msg #137849 - Ignore novacane32000 |
8/26/2017 7:29:35 PM
Read first 12 pages of this thread with plans to read the rest later.
So far ,I can see how shooting for a 1% gain can result in wins +90% of the time but there is that looming question of when to cry uncle . If you dont hit the the 1% target Monday or Tuesday and the stock takes a dive you need to have a stop somewhere or you eventually run into a stock that loses 30%-40%.
Any thoughts by those using this filter on the "art" of placing a stop for this one?
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shillllihs 6,047 posts msg #137850 - Ignore shillllihs |
8/26/2017 8:44:01 PM
Yes that is a big looming question and a good reason to stay away.
When it doesn't connect it's a doozy.
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jimvin 173 posts msg #137851 - Ignore jimvin modified |
8/26/2017 10:11:49 PM
Difference of opinion makes a horse race, and I'm no stranger to embarrassment, so since no one asked (and fewer care), my contrarian picks would be: FCAU, WERN, BRS, USAT, and TPX
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Mactheriverrat 3,157 posts msg #137853 - Ignore Mactheriverrat modified |
8/27/2017 2:40:01 PM
FCAU - nice uptrend - Could see a little bit of profit taking short term
BRS- still in downtrend
USAT - Near breakout
TPX - Uptrending
WERN - getting near breakout also
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IMHO!
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jimvin 173 posts msg #137858 - Ignore jimvin |
8/27/2017 6:35:42 PM
Perhaps humble, but certainly informed and appreciated; as for BRS, it has a decent up-trend, and strong IFT and aroon, while TPX looks the weakest by my favorite indicators; I'd spread 20% even across the board, but that's my take on the picks; my concern for FCAU is profit-taking as it has a strong run-up going in to Monday...
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snappyfrog 731 posts msg #137937 - Ignore snappyfrog |
9/2/2017 1:21:33 PM
Results: August 27, 2017
The S&P 500 was UP this week +1.37% and YTD UP +9.99%.
Stock - Open - High - Percentage
AA - $41.43 - $45.22 - +9.15%
CENX - $18.25 - $20.63 - +13.04%
MYOK - $45.60 - $46.80 - +2.63%
AROC - $10.40 - $10.60 - +1.92%
DVAX - $17.20 - $18.40 - +6.98%
All numbers are MAX profits that could have been made this week. None of us are good enough to hit top price any week.
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