snappyfrog
731 posts
msg #133769
- Ignore snappyfrog |
1/16/2017 10:48:53 PM
Well, I guess I am actually posting incorrectly. I started out with TRO's Crock Pot and followed the discussion to see what Kevin was doing with it. I am actually using TRO's and not the scan listed here. Sorry for posting here, I should be in the Crock Pot discussion.
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pthomas215
1,251 posts
msg #133771
- Ignore pthomas215 |
1/17/2017 11:08:29 AM
Question for SNAPPY:
How did you know SN would keep rolling? I was on the fence but thought it was overbought. Nice work.
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graftonian
1,089 posts
msg #133772
- Ignore graftonian |
1/17/2017 11:24:01 AM
PT, I 'd like to know that too. So far BCEI stumbled right out of the gate, NDEV and XGTI down in flames, SN and LABD are winners.
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shillllihs
6,046 posts
msg #133773
- Ignore shillllihs |
1/17/2017 11:24:25 AM
Xgti Bcei, were my picks, based on highest volume from original list. Up 42%.
Still would not rely on this. Do a backtest.
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snappyfrog
731 posts
msg #133787
- Ignore snappyfrog |
1/18/2017 9:25:11 AM
PT, I didn't "know" that SN would continue up, but after doing these on paper and with real money for the last 2 years, certain stocks pop up in the list over and over. When they do, it is almost a sure bet they will "swing" into a good profit.
CLF is another that does well time after time.
Over time, these are just absolute money makers. Don't overanalyze. They are being used as weekly swing trades just as commonly as AAPL and others are being used as Daily Swings by day traders. Hence, the volume is there week after week.
I got so caught up in charts with multiple "indicators", that I forgot the basics. When you back out and just let these swing (again, I am using Crock Pot) week after week with 1+% (most times 5% or more) profits, it just snowballs.
Sometimes simple is better.
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T_Charp13
35 posts
msg #133842
- Ignore T_Charp13 |
1/21/2017 5:18:25 PM
Quick question, how do you guys pick your stocks? I.e., next week I see 6 stocks popping up (IDGX, LABD, NM, AKAO, BCEI, and SINO); IDGX is ranked first (3.00 reward and 1.77 risk) but all of them pretty much have a better performance. LABD and NM also have better number if you subtract the reward with the risk. Does that play into your decision about choosing which stock is better or do you go solely on the reward and use the performance in a tie? Thanks.
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graftonian
1,089 posts
msg #133843
- Ignore graftonian |
1/21/2017 7:12:56 PM
T_charp,
Looking at MACD, ADX, RSI, and volume trends, I'd rank them:LABD, BCEI, NM, SINO, AKAO, IDXG.
I will check scottrade for news, insider action, and filings for any surprises..
good hunting.
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T_Charp13
35 posts
msg #133845
- Ignore T_Charp13 |
1/21/2017 7:41:48 PM
Does the filter take into account previous pops or is it just the odds of one of the stocks going up by 5% at one point during the week? I feel like BCEI and AKAO have had huge runs and would be more inclined to go with LABD or NM.
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graftonian
1,089 posts
msg #133846
- Ignore graftonian |
1/22/2017 2:56:05 PM
It's strictly a win-lose situation, well not strictly, a lot of study and a little "eyeballing" goes into it.
BCEI: Chap 11 filing on 1/04, Fir Tree inc, bought 3.6M shares on 1/17, and Bill Barret showed interest on 1/17
SINO: Chinese company, a lot of insider selling. I'll pass
AKAO: The first ever insider purchase. 11 insiders bought 5.5M shares, interesting
Go figure
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graftonian
1,089 posts
msg #133847
- Ignore graftonian |
1/23/2017 9:48:09 AM
Went for AKAO @ 18.30 in pre-market, could have got it a dime cheaper at open.
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