YOU AREN'T KIDDING!
I figured out that pattern over a year ago.
Someone(?)even has posted the filter here in the Public Filter Forum.
Very few responses to it however.
Guess its too SIMPLE,not any sets{BLAH,BLAH,BLAH,YADA YADA YADA}in it.
Yes, TRO you are correct ... reverse engineer the picks ... so here is the scan to see the picks that were successful (using your OR logic ... thanks TRO !).
Fetcher[
set{buyprice,open 2 days ago *1}
set{high2,high 2 days ago *1}
set{high1,high 1 days ago *1}
set{target,buyprice * 1.0499}
/* To find out if the target was hit anytime */
/* after the purchase … 3 day window */
Sell using a limit order to insure your return (and greed doesn't sway you).
Third day re-invest.
In a 27 trading days (9 trades) you secured a whopping 50% return.
(commissions were not included in these calulations)
A consistant 50% return ! ... and you can take that to the bank !
... but can you select 9 consecutive picks that produce 5%?
So what if you can't ... so you will need 50 trading days to achieve this...
... I would settle for a 50% return if it took me the entire year !
Would you ?
If you think you can ... you will have the bull by the balls.
Wallman ... I'm not looking at that site as a base (though I like the idea)... rather I'm using SF to find the field of stocks that actually would have been "complete". (by complete I mean, bought and sold at the 5% profit (limit order) within the 2 day window). From THIS field of stocks is where the task begins.... time to reverse engineer and find that attribute that is shared by the majority of stocks in this field. Sorry I deviated from the original post ... I probably should of started a new "discussion".
You mentioned a previous post that had related screen ... any luck ?
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