RGRAFF4098
6 posts
msg #34733
- Ignore RGRAFF4098 |
1/4/2005 8:18:35 AM
RumpledOne
Any idea where to get put/call ratios? I thought the Doji master relied heavily on that number...
Thanks.
Rob
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rsarno
103 posts
msg #34745
- Ignore rsarno |
1/4/2005 7:59:46 PM
I changed price to be above .10 and didnt touch anything else, but im not seeing such good results.
am i doing it wrong?
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TheRumpledOne
6,529 posts
msg #34770
- Ignore TheRumpledOne |
1/5/2005 11:27:16 PM
rsarno...
Not seeing such good results?
Are you relying on the performance measure of the filter?
Don't let that mislead you.
What you really want to know is how much you can take out of a stock on a given day. Performance doesn't show that. You will have to write your own performance filter to see the profits that were available.
Stocks go up, down or nowhere all day long that's all they can do. You want to buy low and sell higher (unless you're shorting). That's how to win this game.
Don't rely so heavily on a "magic" filter. RSI(2) < 1 is about a close as it gets but you still have learn how to "read the market" and trade the stock.
Study Wallman's WAIT FOR GREEN. Master that and you'll be rich.
MAY ALL YOUR FILLS BE COMPLETE.
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y9853
2 posts
msg #34847
- Ignore y9853 |
1/11/2005 12:34:38 PM
Wiliams' Wait for Green???
What is this?
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TheRumpledOne
6,529 posts
msg #35115
- Ignore TheRumpledOne |
2/12/2005 11:39:03 AM
wallman 8/13/2004 11:01:50 PM
Mark, i think you are missing quite alot here, i don't just scan "a few" stocks ,i watch 20 on one list of lbb/low RSI(2) and 20 on another watchlist of oversold stocks with a relatively low ( for that particular stock ) RSI(2) of past stocks from years of trading that i know bounce from bottomfish filters,i chart for bottom candle tails and volume increases(3 day or more stairstep vol inc being my favorite setup ),then i wait for a green hold on said stocks or a start to bounce from deep red from an even dollar mark, so it's not just a "scan and buy 'em thing ",it takes some effort,patience and time to get a feel for it but for me it works great and i've been trading off the lbb's for 4 years now so it's not just a one month wonder like many filters i've seen come and go
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marine2
963 posts
msg #35120
- Ignore marine2 |
2/12/2005 8:34:04 PM
TheRumpledOne, I have a few questions:
What is your price range you like in picking bottomed stocks you're looking for?
What's the average amount of time (hours/days/weeks/months) does it take for your buy - sell transaction?
There has been other tools finding stock popping to quick upside actions; have you tried these other methods but still find your RSI(2) >1 the most effective?
In your own approximate figure, how much do you think you have made off this RSI(2) >1 method?
If you feel so strongly, and positively know, that this way is at least 75% or more to the investors favor would you or have you considered making this particular Forum "Filter Exchange" section to Stock Fetcher an area where you could give the Forum members here stock recommendations each day or once a week etc to help them prosper like you have over the years?
I have looked at this method and do see the pop that occurs but most are short and you certainly better have a stop established when playing this particular method. Lol, going on vacation after you purchase one of these just might make you re-think doing this particular one at this time. To insure yourself of more positive results of course is to buy when the markets are happy and going upward. And to be on top of that purchased stock all the time its actively being traded. The old saying "you snooze you lose" is very applicable in this methods regards.
Thanks for listening, and hopefully you will answer my questions.
Marine2
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wallman
299 posts
msg #35127
- Ignore wallman |
2/13/2005 12:18:14 AM
TheRump and I are at the stockfechter website,check it out if interested in RSI2,money made,ha, TONS my friend,but you gotta have at least the basics in trading skills,if not it's better left alone until you do,these move big time UP many times but they can run back hard on you also,not for the scared money players
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TheRumpledOne
6,529 posts
msg #35307
- Ignore TheRumpledOne |
3/9/2005 8:03:12 PM
If anyone saw ABLE.. they know the power of rsi(2)!
Try it on a 60 minute chart, you'll like it!
www.prophet.net has all you need.
MAY ALL YOUR FILLS BE COMPLETE.
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marine2
963 posts
msg #35318
- Ignore marine2 |
3/10/2005 11:03:58 PM
I have your formula: "show stocks RSI(2) < 1]" in one of my present filters and went back to the time ABLE went up and didn't see a green arrow? So just using that verbiage didn't catch this one on time. Wondering what programmed verbiage you used to catch it on time before it popped upwards?
This company that you picked out granted it did pop up very very nicely but out of the percentage of the ones your filter is screening as possible buys how many really do what this one does? I can say not very many at all. This was a unique and rare occurance and you of course loved to show us this was picked by your filter. Well if it did then show us your filters ingrediants that told us it was time to buy. No need to just tell us to go over to your web site and find out. We want you to show us your filter here in our web site "Stockfetcher" it's time to show us your walk and not all talk.
Kindly awaiting your response. Thank you!
Marine2
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TheRumpledOne
6,529 posts
msg #35346
- Ignore TheRumpledOne |
3/14/2005 10:15:08 AM
Marine...
I will let RSI(2) speak for itself.. it already read has... LOUDLY!
MAY ALL YOUR FILLS BE COMPLETE.
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