Kevin_in_GA
4,599 posts
msg #110372
- Ignore Kevin_in_GA |
1/20/2013 3:33:16 PM
Note that this would be for a one day move to that target price - the ConnorsRSI variant I outlined here might take 3 days from entry to exit, so the exact number would vary. Still a useful tool. Thanks for sharing.
|
saico
59 posts
msg #110373
- Ignore saico |
1/20/2013 3:45:26 PM
So Kevin, you're using the current WFA settings now?
|
Kevin_in_GA
4,599 posts
msg #110375
- Ignore Kevin_in_GA
modified |
1/20/2013 4:52:55 PM
I am, for tracking purposes. Here they are:
I am excluding ETFs here to avoid the 2x and 3x leveraged ETFs. Personal choice.
|
saico
59 posts
msg #110382
- Ignore saico |
1/21/2013 10:59:12 AM
Not sure what's best to go for a max of 10 stocks and defersify the risk, or a max of 5. Any thoughts?
|
Kevin_in_GA
4,599 posts
msg #110383
- Ignore Kevin_in_GA |
1/21/2013 12:20:56 PM
5 uniformly gives higher returns - mostly because more of your capital is in play. A typical day might get 1 or 2 hits, so 20% in each gives a higer absolute return than 10%.
|
riverrun83716
15 posts
msg #110410
- Ignore riverrun83716 |
1/22/2013 9:01:31 AM
clsn up nice pre-mkt 7.75 bid at the moment.. Also arna is triggering pre-mkt..
|
Kevin_in_GA
4,599 posts
msg #110417
- Ignore Kevin_in_GA |
1/22/2013 11:04:40 AM
Yes, ARNA triggered a limit order this morning at 9.18. It's low so far today was 8.80 - currently back at 9.18.
CLSN currently at 7.57 (you were in last week at 6.87).
|
oldsmar52
104 posts
msg #110432
- Ignore oldsmar52
modified |
1/22/2013 4:13:20 PM
Kevin/Anyone: The filter above is the one you are using now, is that right? Tks, Frank
|
Kevin_in_GA
4,599 posts
msg #110445
- Ignore Kevin_in_GA |
1/23/2013 9:55:43 AM
I got in to ARNA this morning using a limit ordr at yesterday's low of 8.70. I did not have any limit orders in yesterday but decided to get in on this one since it was so oversold.
Currently have a limit order in for WTW at 54.05, good until EOD.
|
dcsnowden
52 posts
msg #110455
- Ignore dcsnowden |
1/23/2013 12:58:48 PM
Well .... so much for the system and emotional detachment (lol). Can't really blame you though...it's just plain spoooky scary when stocks gap down like that, especially pharma.....but please tell me you at least sold CLSN....also pharma...at the open....over 15% gross profit...not bad for < 2 trading days.
|