Eman93
4,750 posts
msg #78269
- Ignore Eman93
modified |
8/30/2009 11:21:26 AM
I think its a littel much for me to try and catch break out spikes inerday------I do have a job to do and I can not do both.
I am back on the swing thing for this week.....playing breakouts for more than 10 min.....
new filter and am sure some has done ths before......playing the bounce on big gap downs.
I am going to check the news to make sure its not some kind of accounting issue.
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Eman93
4,750 posts
msg #78270
- Ignore Eman93 |
8/30/2009 11:28:46 AM
/* GAP down swing */
set{down, gap + 0}
down < -12
add column gap
close above 1
Average Volume(30) > 500000
Basic Setup
Name: Gap down
Approach Type: Long
Start Date: 12/28/2007
End Date: 04/29/2008
Benchmark Symbol: ^SPX
Exit Setup
Stop Loss: 100%
Profit Stop: 10%
Trailing Stop Loss: N/A
Minimum Holding Days: 1
Maximum holding days: 3
Extra Indicators
Entry Columns:
Show Performance After: after 2 days
after 5 days
after 10 days
after 25 days
after 40 days
Advanced Options
Selection Method: select by volume descending
Entry Price: open
Conditional Entry: No
Exit Price: close
Maximum Trades Per Day: 25
Maximum Open Positions: 250
Maximum Selected Stocks: All
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Eman93
4,750 posts
msg #78271
- Ignore Eman93 |
8/30/2009 11:30:17 AM
Test started on 12/28/2007 ended on 04/29/2008, covering 83 days
Filter used:
/* GAP down swing */
set{down, gap + 0}
down < -12
add column gap
close above 1
Average Volume(30) > 500000
Trade Statistics
There were 264 total stocks entered. Of those, 256 or 96.97% were complete and 8 or 3.03% were open.
Of the 256 completed trades, 134 trades or 52.34%resulted in a net gain.
Your average net change for completed trades was: 0.61%.
The average draw down of your approach was: -8.24%.
The average max profit of your approach was: 7.98%
The Reward/Risk ratio for this approach is: 1.15
Annualized Return on Investment (ROI): 57.51%, the ROI of ^SPX was: -17.88%.
Exit Statistics
Stop Loss was triggered 0 times or 0.00% of the time.
Stop Profit was triggered 72 times or 28.12% of the time.
Trailing Stop Loss was triggered 0 times or 0.00% of the time.
You held for the maximum period of time (3 days) 184 times or 71.88% of the time.
An exit trigger was executed 0 times or 0.00% of the time.
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Eman93
4,750 posts
msg #78272
- Ignore Eman93
modified |
8/30/2009 11:33:48 AM
If you use a 10% stop loss you do a litte better
Trade Statistics
There were 267 total stocks entered. Of those, 259 or 97.00% were complete and 8 or 3.00% were open.
Of the 259 completed trades, 128 trades or 49.42%resulted in a net gain.
Your average net change for completed trades was: 0.87%.
The average draw down of your approach was: -7.85%.
The average max profit of your approach was: 8.33%
The Reward/Risk ratio for this approach is: 1.23
Annualized Return on Investment (ROI): 94.33%, the ROI of ^SPX was: -17.88%.
Exit Statistics
Stop Loss was triggered 56 times or 21.62% of the time.
Stop Profit was triggered 67 times or 25.87% of the time.
Trailing Stop Loss was triggered 0 times or 0.00% of the time.
You held for the maximum period of time (3 days) 136 times or 52.51% of the time.
An exit trigger was executed 0 times or 0.00% of the time.
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Eman93
4,750 posts
msg #78273
- Ignore Eman93
modified |
8/30/2009 11:35:58 AM
The market overeacts.......
I would pick and chose off the hits doing homework and checking the news...
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Eman93
4,750 posts
msg #78274
- Ignore Eman93 |
8/30/2009 11:38:53 AM
ALTH the hit for friday i would not trade it bounced not much left in it.
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Eman93
4,750 posts
msg #78276
- Ignore Eman93 |
8/30/2009 12:21:02 PM
some trades from the last few weeks--
08/12/09 bought 343.07 shares ($401.39) of CIT at 1.17, remaining cash: $97940.11
08/12/09 bought 169.36 shares ($401.39) of CIT-A at 2.37, remaining cash: $97538.72
08/12/09 bought 218.15 shares ($401.39) of FTK at 1.84, remaining cash: $97137.33
08/12/09 bought 262.35 shares ($401.39) of JAV at 1.53, remaining cash: $96735.93
08/12/09 bought 76.75 shares ($401.39) of MTXX at 5.23, remaining cash: $96334.54
08/12/09 bought 33.17 shares ($401.39) of PRXL at 12.10, remaining cash: $95933.14
08/12/09 bought 82.93 shares ($401.39) of WH at 4.84, remaining cash: $95531.75
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Eman93
4,750 posts
msg #78397
- Ignore Eman93
modified |
8/31/2009 9:51:53 PM
big gap ups are bullish too
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Eman93
4,750 posts
msg #78400
- Ignore Eman93
modified |
8/31/2009 10:13:23 PM
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Eman93
4,750 posts
msg #78402
- Ignore Eman93 |
8/31/2009 10:52:31 PM
CPRX has more room to run to fill the gap at 2.08
GBG
MERC
CASM
OPXA
XRM
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