DLB7
43 posts
msg #78323
- Ignore DLB7 |
8/31/2009 8:22:31 AM
Jr, 13th and others,
Words don't convey my gratefulness, thank you so much for your help, encouragement and sharing your knowledge. It's this kindness that has drawn me to SF and kept me going against all odds. Two and and a half years without financial success and still totally committed, more so than ever before!
I do know about risk management and will be glad to share if anyone needs it. This is the one thing that every good book agrees on. This has kept me in the game, while hoping one day to find a strategy that feels just right. I'm excited by this method, the goal now is to become expert and stick with it.
I do know that I'm well past the indicator stage and that price and volume are all that count. I wonder sometimes if indicators were invented so that senior traders could take money off newbies (smile). The use for indicators does seem great for scans, but use setups, price and volume for trading, with good risk management.
I found this article interesting and wonder if you have used these 10/60 enhancements?
http://www.welcometothegutter.com/2008/10/safest-way-to-play-day-ranging.html
|
jrbikes
624 posts
msg #78356
- Ignore jrbikes |
8/31/2009 11:46:51 AM
Thanks! its nice to not have a bunch of bickering on SF, I remember when these guys would kill each other, it was kinda funny, but that was a long time ago! LOL
|
luc1grunt
622 posts
msg #78385
- Ignore luc1grunt |
8/31/2009 7:24:32 PM
shut the hell up jrbikes, we never bicker!
:)
|
johnpaulca
12,036 posts
msg #78386
- Ignore johnpaulca |
8/31/2009 7:35:51 PM
yup! the good old days...don't miss them.
|
jrbikes
624 posts
msg #78393
- Ignore jrbikes |
8/31/2009 8:56:49 PM
LOL! this is great!
|
kmcninvest
43 posts
msg #78394
- Ignore kmcninvest |
8/31/2009 9:18:42 PM
jrbikes
thanks for posting. this is an interesting filter. Do you watch for the 10/60 cross for the entry?
Thanks again
|
jrbikes
624 posts
msg #78407
- Ignore jrbikes
modified |
9/1/2009 3:47:10 AM
Man, I feel really weird about this, this isnt even my method.
This is what I am doing!
This is just a scan to give you some stocks that may be in a up trend, (the trend is your friend), look at the daily chart and look for white candles with volume, then add them to your list, then use a intraday chart during trading hours and look for the cross on volume,
Add any price criteria you like!
oh yeah, do the last filter with (close less than open also) many filter will give you same symbols, then scan them with your eye, this is what I am doing!
|
jrbikes
624 posts
msg #78408
- Ignore jrbikes |
9/1/2009 4:01:21 AM
search the forums, its all in there, believe me, I have searched, and also looked at other websites and chart after chart after chart after chart! shoot man, I printed them out and put them in a folder, when I see one and go ooohhhh, I print it out!
|
jrbikes
624 posts
msg #78417
- Ignore jrbikes
modified |
9/1/2009 11:06:46 AM
WOW, Did you see BONU, dropped like a rock, over a dollar in twenty minutes, 1 min chart 10/60 cross to the downside, amazing.
Dont even get up to go to the bathroom, or you will go back to puke!
|
13th_floor
724 posts
msg #78476
- Ignore 13th_floor |
9/1/2009 9:15:54 PM
Got this on my im......
(Sep 01-10:59) Muddy: HESV
at that time it was trading at .0017
(Sep 01-10:59) Muddy: yeah i saw at 200%...this thing has the RUMOR wings to fly,don't be surprised to see 1000%+ in an hour or so
It hit a hod .019,an amazing 9500% at that point,closed a decent .0129.....6350%
Zoom Zoom
|