acervapsych
39 posts
msg #32882
- Ignore acervapsych |
8/17/2004 9:49:26 PM
Listen to TheRumpledOne. Last year I learned how to USE RSI(2) with the 3 month and 1 year chart. Then I apply the same method with the 5/5 day chart in prophet net. My account has increases since I used his method. On a daily bases monitor 5 stocks and get to know them. Sometimes I trade 5 times in a month other times I only trade one stock. You must learn to be patient.
When a stock has touched lower linear regression line with a low RSI(2) load the boat. Make sure to confirm with your 3 month, and 1 year chart. Check your 5 day chart for confirmation. When the market opens wait for green confirmation. If the stock holds up the first 20 minutes, then go for it based on the intraday charts. Learn and get to know your stocks. It’s better to have and play one stocks instead of many. trade in the direction of the market.
Good Luck!
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gudway
13 posts
msg #33270
- Ignore gudway |
9/16/2004 4:54:05 PM
Holygrail or 's buddy or anybody
I am a "trader" by IRS rules and file "marked to market"
Live in Reno NV. Lost my CPA in Illinois
Do you know of a CPA (Anywhere but maybe N.CA or N.NV
who can do a "TRADER,Marked to market" return
for a reasonable fee?
Thank you
Michael
gudway@charter.net
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TheRumpledOne
6,411 posts
msg #36448
- Ignore TheRumpledOne |
6/24/2005 9:11:59 AM
Someone asked me about this the other day.
POP TO THE TOP.
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mnkayaker76
7 posts
msg #43336
- Ignore mnkayaker76 |
4/29/2006 5:06:55 PM
Can anybody post their filter for this method?
I've been studying the charts on prophet.net and learning a lot with respect to RSI(2) and Linear Regression, but the stocks I'm charting are not too promising. How are you filtering for these stocks to chart?
Thank you
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TheRumpledOne
6,411 posts
msg #43344
- Ignore TheRumpledOne |
4/29/2006 6:17:19 PM
That's the basic RSI(2)/LR combo.
Search this forum for RSI(2) and you'll see there's plenty more.
One thing about trading this filter is you have to "wait for green". Search this forum for "wait for green".
HTH.
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EWZuber
1,373 posts
msg #43399
- Ignore EWZuber |
5/1/2006 7:49:32 PM
Thats the first time I have heard you reference these time frames
'Use multiple time periods to get the big picture.
3 mon/D
1 year/W
1 year/M'
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WALLSTREETGENIUS
983 posts
msg #43401
- Ignore WALLSTREETGENIUS
modified |
5/1/2006 9:19:38 PM
That's the basic RSI(2)/LR combo.
Search this forum for RSI(2) and you'll see there's plenty more.
One thing about trading this filter is you have to "wait for green". Search this forum for "wait for green".
_____________________
Does that old dinosaur still work???? LOL....
- WALLSTREETGENIUS -
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TheRumpledOne
6,411 posts
msg #43402
- Ignore TheRumpledOne |
5/1/2006 9:54:53 PM
Works better than most ever will.
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four
5,087 posts
msg #129235
- Ignore four |
6/19/2016 12:07:51 AM
pop
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shillllihs
6,044 posts
msg #129236
- Ignore shillllihs |
6/19/2016 4:38:53 AM
TheRumpledOne
6,349 posts
msg #27703
- Ignore TheRumpledOne. Wrote
-------------------
If you want get rich keep reading.
Not sure how that worked out for him, last I looked on his vid blog 3 years ago, he was living in
A squatter house borrowing movies from the library and shopping at thrift stores.
Looks good on the surface but inconsistent.
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