Village Elder
231 posts
msg #147169
- Ignore Village Elder |
4/1/2019 6:13:20 PM
KSK8:
Nice trading so far. You can't argue with your success, although I do wish that you actually traded these and posted your entry, exit, and commission costs to see how it really plays out rather than as a paper exercise.
Nonetheless, as I have said before I respect those folks here who post their trades before or as they are being made. Good luck on PULM.
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KSK8
561 posts
msg #147170
- Ignore KSK8 |
4/1/2019 8:37:03 PM
I do live trade these and they play out relatively adjacent to what I post. I get filled near the open and I cover at the price I report. As for commissions, read the first part of my thread.
My live trading is not the point though. The prospect of my thread is to display the success of my trading system by tracking its performance. No other thread on this forums has shown it has the capability of outperforming what I call-out. Hence why the title is "The Most Profitable Thread on Stockfetcher".
As for PULM, it'll go in my favor, just watch.
GLTY!
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olathegolf
119 posts
msg #147171
- Ignore olathegolf |
4/1/2019 10:00:00 PM
Good luck with PULM
Volume = 58M
RSI2 = 98.59
ROC1,1 = 81.89
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ahcsim72
151 posts
msg #147173
- Ignore ahcsim72 |
4/1/2019 11:41:52 PM
What about $VIPS and $MDR..What is your opinion on them?
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KSK8
561 posts
msg #147179
- Ignore KSK8 |
4/2/2019 4:40:18 PM
It did indeed drop at the open as I expected it to do, but it didn't drop enough as I had hoped and it didn't hold either. Since it was a breakeven trade, I'll count it as a defeat.
As for your question ahcsim72,
Even though both stocks had an RSI(2) value of over 95 (an overextended condition), it lacks other factors that give me the confidence of a sudden drop so I wouldn't be 100% assertive short selling it. And since it wasn't a mania play, the drop wouldn't be as rewarding.
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shillllihs
6,102 posts
msg #147180
- Ignore shillllihs |
4/2/2019 4:45:00 PM
Keeping in theme, subtract 2.5% per trade being 22.5%, compounded removing about 40% from gains.
Also take into account the occasional 20-50% loss making safer trading styles more attractive than shorting penny stocks. My 2cents, no pun intended.
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KSK8
561 posts
msg #147182
- Ignore KSK8 |
4/2/2019 5:33:14 PM
shillllihs,
Incorrect. It's never a fixed commission. For this specific trade, 2.5% was a rather expensive one IMO but I took it because I anticipated a harsh drop in price would occur essentially taking care of the fee + a handsome profit. The prospect of the portfolio's emerging success still reigns strong.
You did your math correctly though, I'll grant you that.
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olathegolf
119 posts
msg #147195
- Ignore olathegolf |
4/3/2019 9:22:23 PM
Good luck with YRIZ. RSI2=99.36. ROC1,1=55.01. Slopes of MA50 and 200 are negative.
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olathegolf
119 posts
msg #147271
- Ignore olathegolf |
4/9/2019 6:57:40 PM
Congrats on another win.
Good luck with PRPO.
RSI2 98.7
ROC1,1 31.2
Liquidity 21+M
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Lapre506
48 posts
msg #147273
- Ignore Lapre506 |
4/9/2019 8:22:54 PM
I've been paper trading a few versions of your filter. But I have a question. VTL showed up on almost all your filters on Friday 4/5. I shorted it Mon morning at open @.55 and it got as high as .91 and closed at .73 for a 40% loss. You ended up shorting it on 4/9 avoiding the big loss on Mon... Is there a different filter you are trading? What made you wait that extra day and not attempt to short it on Mon?
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