tennisplayer2
210 posts
msg #115715
- Ignore tennisplayer2 |
10/6/2013 10:27:09 PM
Frank, when you were buying all the ones that went up 2% 42 out of 52 weeks, did you just place market orders before the market open? Thanks for the help.
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thorodin
13 posts
msg #115718
- Ignore thorodin
modified |
10/7/2013 10:31:28 AM
Kevin in GA has a filter based on TROs CROCK POT where he sets a 10% stop loss for stocks that makes 5% a week. Where would be a good stop loss?
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oldsmar52
104 posts
msg #115719
- Ignore oldsmar52 |
10/7/2013 10:45:56 AM
As bad as you probably thought the morning was today, in the first hour I was in at the open & took 2% off of HSOL, CPRX, CSIQ, GMCR, & ZHNE.
For OLATHEGOLF: I just put in a good till canceled order at a 2% profit.
For TENNIS: Yes, I've gotten into the habit of putting in market orders on Sunday night as I'm on the west coast.
For THORODIN: Maybe not the answer you'd want to hear but I've never put in a stop loss at all. May sound crazy, but I decided that if I have an 80% chance of making 2%, that that's good enough for me & it worked out fine. It's been pretty rare, but if I got in & it took a dip from the open it would come back within a short time (2 weeks) so I just stuck with them.
I can't tell you how much profit I've missed out on but am not complaining. Like last week, CSIQ was up 39% from it's Monday opening to it's Friday close. And I stuck with my method & took a measly 2%.
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scott111552
173 posts
msg #115722
- Ignore scott111552 |
10/7/2013 1:11:41 PM
Well done once again, Frank!!! One more question- if you put in your market orders on Sunday evening, at what price?
The closing price of the previous day or perhaps a percentage lower than the closing price? Thank you again...
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johnpaulca
12,036 posts
msg #115723
- Ignore johnpaulca |
10/7/2013 1:12:42 PM
I'm really happy for you oldsmar52.
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oldsmar52
104 posts
msg #115727
- Ignore oldsmar52
modified |
10/7/2013 5:26:11 PM
For Scott: I just put in a market order on Sunday night (at whatever the open price may be).
For a day when the DOW was down 136 it was a great day. In addition to the ones above that made 2%, you could add in EVC and VIPS & I'm done for the week (I am still in 3 others however). I would suggest that you not try to modify/alter Avery's filter. If you're willing to take 2% you'll be blown away at how the compounding will work after a year.
Should you want to try this, some might be more comfortable with this. If you'd want to wait until 9:45 or 10:00 & see the ones that may have taken a dip, you could put in a limit buy then at whatever the open was......maybe that would suit some of you better.
The closer it gets to the debt ceiling deadline I would think it might be good to just stay out of everything. I probably won't do anything next Monday if the DC clowns haven't agreed on something. Anyone have any thoughts on that?
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scott111552
173 posts
msg #115728
- Ignore scott111552 |
10/7/2013 7:31:08 PM
Frank, thank you once again for your advice....You've been very generous with your responses....Please continue to post
here and let us all know how you continue to do....Blessings upon you!!
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amtmail
34 posts
msg #115729
- Ignore amtmail
modified |
10/7/2013 7:35:46 PM
oldsmar52, Thank you for answering our questions
but why you bought or select ZHNE.on oct 7th ?
ZHNE not on the first 5 selection on the filter
Thank you again
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SAFeTRADE
656 posts
msg #115735
- Ignore SAFeTRADE |
10/8/2013 7:36:38 AM
oldsmar52,
Do I understand you correctly. You enter up to 20 or 25 stocks that are 80% odds of making 2%.
Clarence
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oldsmar52
104 posts
msg #115741
- Ignore oldsmar52 |
10/8/2013 11:16:24 AM
For Amtmail: when I first started this I was buying the top 5. Now, I'm buying somewhere between 10 and 20...for me it would mostly depend on when their earnings date is for them (this week I bought 10). As for your question about ZHNE? I would assume that when you run this filter on the weekend, you will sort on the 2% column & then you'd see ZHNE as #7 on the list.
For SafeTrade: Somewhere between 10 and 20 as I said above. But, I've convinced myself to do nothing at all for next week unless the government shutdown and the debt ceiling are taken care of some way.
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