StockFetcher Forums · Stock Picks and Trading · KSK8 Questions on The Most Profitable Thread on Stockfetcher<< 1 ... 8 9 10 11 12 ... 16 >>Post Follow-up
KSK8
561 posts
msg #148319
Ignore KSK8
6/30/2019 4:21:48 PM

This one should work for everyone. The accuracy and large returns this entails is something to marvel.

Keep in mind, this yields candidates a few times per month. But the prospect of patience is the backbone of why my callout thread has induced close to a 1000% return in mere months.

Fetcher[

/* ksk8's best one yet */

/* standard stuff */
market is not ETF
market is not OTCBB
volume > 1000000

/* 2 large moves up is ususally followed by a red candle as a result of profit takers, short sellers, and panic */
/* calculation for 2 large moves up */
set{x1, max(open, close)}
set{x2, min(open, close)}
set{x3, x1 - x2}
set{x4, CEMA(x3 , 20 ) * 2}
x3 1 day ago > x4 1 day ago
x3 > x4
close 1 day ago above open 1 day ago
close > open


/* price failed to make a higher high intraday */
close is 10% below high

/* volatility can lead to panic selling */
average day range(10) is above 10 percent

/* price has reached an exhaustive criteria */
rsi(2) > 98

/* oscillator criteria to establish momentum hasn't died yet */
Slow Stochastics Fast %K(10) above Slow Stochastics Slow %D(10)

]





SFMc01
358 posts
msg #148358
Ignore SFMc01
7/3/2019 6:09:51 PM

KSK8: Have you tried various stop-loss strategies?

Thanks,
Steve

KSK8
561 posts
msg #148382
Ignore KSK8
7/5/2019 11:46:43 AM

SFMc01,

I find stop losses to be only necessary when you 'anticipate' where the price is going.

In my trading, I rarely use stop losses because I 'expect' where the price is going.

That's why my trades are so successful. Stop losses would only slow me down.





Village Elder
231 posts
msg #148389
Ignore Village Elder
7/5/2019 8:08:04 PM

Corvus - CRVS. Short at the open on Monday.

KSK8
561 posts
msg #148391
Ignore KSK8
7/5/2019 10:36:41 PM

I wouldn't play it since it didn't come on my scanner but it looks exhausted so it might be a good short.

SFMc01
358 posts
msg #148411
Ignore SFMc01
7/7/2019 7:58:22 AM

KSK8" Re your statement, "I wouldn't play it since it didn't come on my scanner but it looks exhausted so it might be a good short. "

We've had so many postings, I lose track of some things. Would you please post "my scanner" again?

Thanks,
Steve

shillllihs
6,102 posts
msg #148416
Ignore shillllihs
modified
7/7/2019 1:06:05 PM

My questions are, after 4 months why has nobody signed up and how do you make money with an imaginary system? I'll hang up and listen for my answer.

KSK8
561 posts
msg #148417
Ignore KSK8
7/7/2019 4:06:36 PM

SFMc01,

It didn't come on the scanner because it didn't qualify under the criteria. As for my statement, I'm a seasoned short seller, I know a good short when I see one.

Village Elder
231 posts
msg #148423
Ignore Village Elder
7/8/2019 10:22:37 AM

CRVS - opened at $6.41, currently $6.17 (+3.7%). Nothing outstanding, but easy money.

Paper trade so let's just let it run til the end of the day.

KSK8
561 posts
msg #148424
Ignore KSK8
7/8/2019 10:51:20 AM

Village Elder,

It's down almost 10% from its open and it's not even noon, good call!

This game is too easy.

StockFetcher Forums · Stock Picks and Trading · KSK8 Questions on The Most Profitable Thread on Stockfetcher<< 1 ... 8 9 10 11 12 ... 16 >>Post Follow-up

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