novacane32000
331 posts
msg #110755
- Ignore novacane32000 |
1/30/2013 11:45:53 AM
CNBC analyst were ripping the new phone this AM. I'm sure that didnt help RIMM's cause.
|
Kevin_in_GA
4,599 posts
msg #110760
- Ignore Kevin_in_GA
modified |
1/30/2013 1:30:29 PM
New trade entered for today - ABFS in at 9.99. Currently trading down at 9.54.
If you are not using limit orders you might want to get in on this at the low, low price of 9.54. Not sure why the drop. Was it from earnings?
EDIT: It looks like it was from their earnings call today.
|
dcsnowden
52 posts
msg #110762
- Ignore dcsnowden |
1/30/2013 2:04:56 PM
Did you cause that ..ya think?
|
Kevin_in_GA
4,599 posts
msg #110763
- Ignore Kevin_in_GA
modified |
1/30/2013 2:08:23 PM
Doubtful. But on the plus side it is now trading at 10.18!!
EDIT - I mean 10.40 ... a quick 4% from the system entry.
|
dcsnowden
52 posts
msg #110764
- Ignore dcsnowden |
1/30/2013 2:32:43 PM
I wonder what the subscriber count is here? Does anyone know? That's one hell of a coincidence.....
|
shainadir
25 posts
msg #110765
- Ignore shainadir
modified |
1/30/2013 2:44:54 PM
I dont think is was us that made the price spike up. Bank of America just gave it an upgrade.
|
sohailmithani
192 posts
msg #110770
- Ignore sohailmithani |
1/30/2013 3:33:02 PM
Kevin,
Please help me here. Why don't my triggers match yours. Which code should I use. Also, which exit are you using currently.
Thanks
|
Bladerunners
5 posts
msg #110807
- Ignore Bladerunners
modified |
1/31/2013 11:29:45 AM
31 Jan Fills
RIMM out +5%, printed green from mkt open
WBSN out +3%, bottomed 1 hour after mkt open, using -6% rule I was filled very close to the bottom
HALO still holding, filled @ $6.66, currently trading @ $6.08, bottomed 1 hour after mkt open, after fill stock went on to drop to $5.79 45 min later.
Notes: I have noticed that most of these stocks will bottom 45 min - 1 hr after mkt open. Out of 5 stocks, 4 exhibited this behavior. The only exception was RIMM today, which printed green at the open.
I am unable to monitor the mkt at opening or the gains could be increased by watching the 15 min chart and entering the trade 45 min - 1 hour after mkt open. This would have been very helpful for HALO today.
Currently, I am simply setting a limit order per original instructions ( previous day close -6%)
|
Kevin_in_GA
4,599 posts
msg #110812
- Ignore Kevin_in_GA |
1/31/2013 12:40:27 PM
Well, today you probably could not put in all 22 possible trades as limit orders. One way to play this (freely admitting that this deviates from the mechanical system rules) is to monitor the trades intraday and wait to see if toward the end of the day there are better entry points than one would have gotten using limit orders. This then becomes a discretionary approach, but one that still takes advantage of the statistical power of the mechanical one.
I think this can be backtested in SS - I simply need to replace the rule "low below trigger" with "close below trigger". That now selects for stocks that meet the mechnical entry requirements but closed lower than the trigger price. Then you would be buying a market order near or at the close for a better entry. Fewer trades would be entered, but at better prices.
|
SAFeTRADE
662 posts
msg #110818
- Ignore SAFeTRADE |
1/31/2013 1:20:28 PM
HALO in at 6.11 out at 6.27. 321 shares equals $51.36 I'll take it.
|