klynn55
747 posts
msg #83770
- Ignore klynn55 |
12/2/2009 11:39:16 PM
alf took them with him
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TrendSurfer
109 posts
msg #83771
- Ignore TrendSurfer |
12/2/2009 11:50:30 PM
It's all cool, thanks for acknowledging. Most here know I pop in, thought provoke a bit, then I'm out. When I do post I'm more interested in the reactions from others to what I bring up than anything.
I write constantly elsewhere like a mad man, there I can control the value, copyright and build quality and mutually beneficial relationships. It's a great group. Most forums don't have a delete function anyway, thus I would never post. I highly approve, recommend and use StockFetchers filtering functions. The right scans and the right method, you can't lose. Only the best in your search.
TS
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TheRumpledOne
6,411 posts
msg #83834
- Ignore TheRumpledOne |
12/4/2009 12:27:54 PM
Where are you posting TrendSurfer?
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TrendSurfer
109 posts
msg #83841
- Ignore TrendSurfer |
12/4/2009 2:11:43 PM
Sir RumpledOne "in da house."
I'll drop you an email later today.
TS
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klynn55
747 posts
msg #83869
- Ignore klynn55 |
12/4/2009 11:02:03 PM
the only thing missing here is mark crisp!
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SFMc01
358 posts
msg #83885
- Ignore SFMc01 |
12/5/2009 12:35:42 PM
BarTune1: Thank you for your insights.
You state, "Finally, if you follow the rest of Connors trading rules, you are usually buying pull backs of stocks in an uptrend, only on strong pull backs, and in conjunction with an overall market pullback (i.e., by timing trades relative to a VIX divergence for example). You can also short by reversing some of the rules."
Specifically which Connors book did you read that contains information on the above Connors trading rules?
Thank you
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Does anyone else have experience with Connors rules that they may wish to share?
Steve McCormick
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BarTune1
441 posts
msg #83896
- Ignore BarTune1 |
12/5/2009 5:22:49 PM
Short Term Trading Strategies That Work
and
High Probability ETF Trading
I have read both books and use systems that incorporate the rules. For the most part I have been very successful trading these systems.
That being said, it has recently been brought to my attention recently that there are people here that don't care for Connors work.
Whatever; the bottom line is that trading successfully is all about finding a system that works for you - whatever it may be - and there obviously many varied systems out there.
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Kevin_in_GA
4,599 posts
msg #83897
- Ignore Kevin_in_GA
modified |
12/5/2009 5:32:51 PM
Whatever; the bottom line is that trading successfully is all about finding a system that works for you - whatever it may be - and there obviously many varied systems out there.
++++++++++++++++++++++++++++++++++++++++++++
There are as many systems as there are investors - having looked at Connors trading strategies, albeit from a distance as I have only seen synopses of the rules and have not read the books yet, I think there is significant value to his approach.
I would suggest that you think about simple rules for entry and exit ahead of any trade, and do not deviate if at all possible. The simpler your signals, the easier they are to interpret, and therefore the easier they are to follow.
Anyone who looks at what I have posted would quickly see that I have briefly adopted a number of different systems over the last year or so. Lost a ton of money on MACD-based signals, but mostly because I did not exit when it said to, and would move my stops down rather than let them get hit. Incredibly stupid.
Bollinger Bands work, but are best on the indices rather than individual stocks. I am using these now on the ^VIX and ^DXY to make my entries, and let them run for 3-5 days or so then take profit. I also use the Connors approach of averaging in if needed, but then set a hard stop loss of the new value and go from there.
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BarTune1
441 posts
msg #83898
- Ignore BarTune1 |
12/5/2009 6:51:53 PM
ENTRY and EXIT rules are an integral part of any system.
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klynn55
747 posts
msg #83899
- Ignore klynn55 |
12/5/2009 7:47:52 PM
Bartune: you said:
That being said, it has recently been brought to my attention recently that there are people here that don't care for Connors work.
there are people here who dont care for mother theresa's work also, dont let that stop you, if something works, it works: he has
an amibroker rsi2 program for sale, if someone bought that and did a backtest with same, i guess we would know! anyone spring for the amibroker connors rsi2 program, not especially expensive considering his other prices, i think around $400..
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