KSK8
561 posts
msg #145690
- Ignore KSK8
modified |
12/24/2018 4:29:41 AM
My first post I asked if someone could code a 95% win rate filter and not to my surprise I had a few novices reply.
So in that regards I took the liberty to do it myself.
The strategy I present holds a 95% win rate over a 14 year period. (BULL & BEAR MARKET DURABLE)
Historically the average gain is also larger than the average loss.
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The strategy is 100% mechanical and is based upon shorting small cap & microcap equities as terrifying as it seems.
Rules:
1. Before the market opens run the scanner and prepare to trade whatever it gives you.
2. Be ready to short the stock AT THE OPEN
3. Reserve shares for that specific stock during premarket using the broker Centerpoint (Optional)
4. Leave the screen and go play golf
5. Return back before the market closes and COVER AT THE CLOSE
Excluding rules 3 & 4 this has historically had a statistical win rate of 94.6% over the past 14 years.
In that same 14 year span, the average gain is LARGER than the average loss.
I CHALLENGE ANYONE TO TELL ME THIS ISN'T THE HOLY GRAIL
I also invite anyone to build upon it!
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SFMc01
358 posts
msg #145691
- Ignore SFMc01 |
12/24/2018 8:24:38 AM
What brokerage do you use to short stocks costing less than $5.00?
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Mactheriverrat
3,153 posts
msg #145695
- Ignore Mactheriverrat
modified |
12/24/2018 12:25:45 PM
Well that's better than your first post but you get what you ask for. Time time tell but I will mess with it and tweak with it. You may be on to something and I do like some of your code.
BTW- a change of "close is 10% below high" doesn't do anything.
You might add " draw high 52 week high"
and so many people have come not to just SF saying they have the HOLY GRAIL when in fact its a good hindsight filter.
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KSK8
561 posts
msg #145696
- Ignore KSK8 |
12/24/2018 12:31:13 PM
SFMc01,
Centerpoint is the best broker for short selling hard-to-borrow stocks under $5.00.
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KSK8
561 posts
msg #145697
- Ignore KSK8 |
12/24/2018 12:51:05 PM
Mac,
Put on your glasses, what are you NOT seeing about this?
close is 10% below high is PART of what makes this criteria so accurate.
If this filter was a human being I would literally get down on one knee and propose to it.
This IS it chief !!
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Mactheriverrat
3,153 posts
msg #145699
- Ignore Mactheriverrat |
12/24/2018 1:19:06 PM
My hats off to you!
Sorry for the poking at you .
Have a Merry Christmas!
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nibor100
1,031 posts
msg #145703
- Ignore nibor100 |
12/24/2018 3:11:49 PM
Who could predict that the first stock picked by a claimed 95% accurate shorting filter for StockFetcher, OBLN, would be a loser????
Could there some pertinent information regarding this strategy that was not provided?
Clearly it wasn't backtested on StockFetcher so what stock data was it backtested on, and how does that data compare to SF stock data?
What is the max drawdown history?
What are the expected "big profits" for a 1 day trade?
If we are supposed to run it every day as this sentence from his 1st post seems to imply: "code me a filter that lets me run the scan button and it gives me a stock that has a 95% chance of making a big profit the next day" .
Why does a quick check of the past 10 days comes up with 6 days of no results?
At that rate, it might take us a little over a year to make 100 trades in order to see if only 5 of them were losers and 95 were winners.
Ed S.
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shillllihs
6,044 posts
msg #145704
- Ignore shillllihs |
12/24/2018 4:25:39 PM
Just another kid with a dream.
But just to entertain you,
1. You know it’s tough as hell to find shares after a spike, everyone wants to short the same crap.
2. If you had all the answers you would not be here.
3. You are excited to get rich ez, and. I commend you for it but this is called irrational exuberance.
4. Problem is you seldom get enough results to work with.
5. 1 bad spike undoes all your efforts.
6. 1 massive spike and you will have to pay even more.
Other than that cool filter.
Are you that old poster Marry for money?
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KSK8
561 posts
msg #145705
- Ignore KSK8 |
12/24/2018 4:27:10 PM
Nibor,
Ahem!
Crying about the 5% occurrence and disregarding the incredible accuracy & returns goes to show you are in the same boat as mac.
Why does a quick check of the past 10 days comes up with 6 days of no results?
Learn a prospect called patient. I assume immediately that you're foreign to such an attribute. Very sad for someone who appears to have spent years on this website and can't create a filter that comes close to competing with mine. The strategy is so straight forward it boggles me that some people here can't mathematically grasp it.
Stick to your low win rate and low returns grunt and unless you have something to contribute or a SERIOUS question hop off my thread.
Happy Holidays!
KSK8
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KSK8
561 posts
msg #145706
- Ignore KSK8 |
12/24/2018 4:35:39 PM
shillllihs,
I respect your work & contributions to this forum so I won't question your intelligence.
But I will address each concern.
1. Centerpoint offers hard-to-borrow shares, also the best broker for short selling practically anything
2. I'm on here because I can afford for the strategy to decimate and still remain wealthy.
3. I'm already there chief
4. High win rate + high return = worth the wait
5. Short squeezes DO NOT transpire with this setup- I challenge you to present an example
6. If you trade with 200k per position, commissions are diminutive to the outcome of the trade
And no I am not Marry4Money
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