Cheese
1,374 posts
msg #150215
- Ignore Cheese |
1/9/2020 7:26:06 PM
Village Elder ,
Let me be the first to congratulate you !
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shillllihs
5,974 posts
msg #150216
- Ignore shillllihs |
1/9/2020 7:54:14 PM
Yeah INPX was up 170% January 2nd. HAPPY NEWYEAR!! I'm out.
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Cheese
1,374 posts
msg #150217
- Ignore Cheese |
1/9/2020 7:55:14 PM
Village Elder
For beginners who don't do shorts, one could wait several days and some of your short one-day wonders
may become scalps on the long side, e.g. SAVA, CRTX
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KSK8
561 posts
msg #150220
- Ignore KSK8 |
1/9/2020 9:12:43 PM
Village Elder,
Best of luck with AGTC, it looks like a very promising short.
If I could suggest one tip: perhaps utilize a parameter limiting stocks with an extremely low market cap or shares outstanding. For example, you could dodge a lot of short squeezes by eliminating candidates that have a shares outstanding of under 3 or 4 million.
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sandjco
648 posts
msg #150223
- Ignore sandjco |
1/9/2020 11:14:21 PM
Thanks for sharing Village Elder!
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Village Elder
231 posts
msg #150227
- Ignore Village Elder |
1/10/2020 8:51:23 AM
@KSK8 - good suggestion. This can be done in SF by simply adding "market cap is above 5". Having added this in a quick test it does not change any of the recent calls, but I will incorporate it into the filter going forward.
My trades in this are purely theoretical right now, and are designed to pressure test the filter strategy. I am assuming one can get sufficient shares to short and get them at the open price - often that is not the case and you either can't get in the trade or you take a hit on the bid/ask spread. Ignoring these complications for now to see how well the concept works before committing real money to it.
I respect folks here who share freely and transparently, and this is my effort at doing the same.
Good luck in your AGTC trade.
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shillllihs
5,974 posts
msg #150233
- Ignore shillllihs
modified |
1/10/2020 12:00:51 PM
This will help. Short on a red candle through upper bb.
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Carmackjw
12 posts
msg #150246
- Ignore Carmackjw |
1/10/2020 6:57:35 PM
Shouldn’t it be close is below close one day ago, if looking for a red candle thru upper bb?
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shillllihs
5,974 posts
msg #150249
- Ignore shillllihs |
1/10/2020 7:26:58 PM
Just made it to manually observe, maybe you want to get in as it's approaching the line.
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Lapre506
48 posts
msg #150251
- Ignore Lapre506 |
1/10/2020 10:00:35 PM
Interesting filter and wonderful results recently. I'm not big on shorting shares directly. I prefer to sell call credit spreads on equities I'd like to short. Defined risk/reward and having Theta decay on my side helps. But these seem to happen quickly so playing it with a long term call credit spread isn't ideal.
Anyway pretty impressive filter so far. I'll be following.
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