txtrapper
548 posts
msg #30411
- Ignore txtrapper |
12/30/2003 9:35:14 AM
I did not write the HG filter, it was posted on SF a while back, seems if you buy the first two or three picks they usually go up in two or three days, not big gains on low priced stocks perhaps a penny or two, you really need to buy maybe 1000 to 3500 and sit on them a few days, don't get greedy, if they go up a few cents sell them and make $40 to $50 and be happy with that. Take small gains. Of course a $.12 stock could double and you double your money. One thing that I have learned, take a long term (1 year) look at any stock before you buy it, buy Stan Weinstein's book, Secrets for Profiting in Bull and Bear Markets, I bought mine used online for $4.95, and listen to him about the four phases of stocks, Phase 1 basing, Phase 2 advancing, Phase 3 the top area, and Phase 4 the declining phase, when you look a a one or two year chart, you will look at the stock and determine what phase it is in, then do T/A and pick the winners.
With the Muddy Method, if you break down the Filter, you can see that you are buying stocks between a certain price range, have been down three days in a row, the long tail shows it has resilence and bounced back, and stocks with sufficient volume to trade, it is a tried and true method, go to their site and read all the posts, plugging in their stocks in your trading platform and waiting for green works well. Check them out they are all good people that will help, don't ask silly questions, they will help if you seem like you have first tried to find the answer yourself.
http://groups.yahoo.com/group/StockFetcher/
Got to go now and make some money, markets opening, later
tx
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wallman
299 posts
msg #30417
- Ignore wallman |
12/30/2003 7:34:43 PM
HEY TX, thanks for the plug for the MM site, BTW your calls on CPST and GIGM were REALLYYYYYYYYY nice!! hope you caught 'em slight green man,funny thing is the better you get at this the more stocks that will run away from you,a kinda catch 22 thing,it just means you got the radar set on the right ones,be patient,take the ones you can get and try to forget the ones you didn't and you will prosper....i liked your advice of the date offset at 3 on the muddy stocks,it's been going on now for the almost 3 years that i have followed it so it seems it is more than just a couple month thing, keep up the good work ! MUDDY
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travlr
80 posts
msg #30418
- Ignore travlr |
12/30/2003 9:13:12 PM
tx,
Thank You.
Much appreciated.
travlr
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txtrapper
548 posts
msg #30419
- Ignore txtrapper |
12/30/2003 9:16:59 PM
Thanks, recently I have been getting into studying stochastics, one thing I have learned from EWZuber is to take a good long look at stochastics on a 1 to 3 year chart before making a buying decision. Seems that if you take a look at Stochastics (5,2)fast, on a Prophet 1yr/w chart, and look for crossovers (especially ones just starting to crossover from the bottom) has increased my win ratio dramatically. I have also been studying MFI(14) (Money Flow Index), and looking for stocks below 20 (oversold) and then plug them into the Stochastics chart.
This morning I watched one of my "springs" AMSF drop .26 cents at the open, I kept saying I should buy it, but kept waiting, left the computer for a few hours to do some work, yes I work, I am a Wildlife Specialist, dealing with nuisance wildlife is South Texas. When I returned that stock had increased over $.30 went to +.04 and it was a $1.21 cent stock to start with.
I did get into CRPP @ $.03 today, and it went up to $0.055 a big gain for a penny stock.
Learn about stochastics @ http://www.woodingtrading.com/stochastics.html
Happy New Year Everyone,
tx
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wallman
299 posts
msg #30420
- Ignore wallman |
12/30/2003 9:54:30 PM
TRAVLR, anyone interested in TA and/or stochastics should do themselves a favor and go to the MM stockfetcher yahoo site and click on "files",then "helpful docs",then open the file "stochastics,ema(13)" written by RJONES, it's not a fast read through thing,read,re-read,study the chart examples and hopefully you will come away with some pretty valuable stuff
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travlr
80 posts
msg #30421
- Ignore travlr |
12/31/2003 5:41:16 AM
You guys have no idea how much i appreciate the help and support surrounding this site. As the saying goes... "It's a breath of fresh air!" I have studied most of the posts of EWZ and Wallman. you both obviously share the same philosophy as I of ... "To share the wealth". I have always been appreciative of the benifits of Stoch.... Thanks EWZ for helping to expand my understandings. Wallman you have introduced me to different aspects I had not previously considered. Very grateful for the positive personalities. TX your input has also been "cataloged" so I thank you again. P.S. Yours is a noble occupation I certainly respect. But, It conflicts the initial impression I had by your user name. LOL.
travlr
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travlr
80 posts
msg #30422
- Ignore travlr |
12/31/2003 5:45:50 AM
BTW,
Wallman,
I 've been visiting the MM Yahoo site for a while already and am now digging into ALL of it's wealth.
Much Abliged.
travlr
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txtrapper
548 posts
msg #30423
- Ignore txtrapper |
12/31/2003 9:02:12 AM
Travlr
Thanks for the tip, perhaps I should use tx_trapper or TxTrapper.
tx-------
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bob79924
38 posts
msg #30424
- Ignore bob79924 |
12/31/2003 9:20:47 AM
txtrapper:
Thanks for tip on www.woodingtrading.com . I'm am currently reading what they have. For others' info, they are loaded with free trading info on many subjects, not just stochastics. Check it out. It's worthwhile.
Bob W.
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bob79924
38 posts
msg #30425
- Ignore bob79924 |
12/31/2003 9:23:03 AM
P.S. Go to their "trading lessons" link. I signed up for their free course. I'll let you know the results later.
Bob W.
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