aroki
1 posts
msg #120098
- Ignore aroki |
5/26/2014 10:44:01 PM
Hello, Does anybody like to share their filter for shorting stocks.
I have been looking around but can't find anything.
Thank you.
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GiJoe70
1 posts
msg #120954
- Ignore GiJoe70 |
7/4/2014 10:46:44 AM
My advise is not so much a filter as it is instructional.
First, you must make sure the general market is in a downtrend.
Second, make sure the stocks you want to short are relatively liquid, at least 1, 000,000 shares traded daily.
Third, look to short the former leaders from the prior bull cycle. These tend to be the best shorts because they had the biggest run-ups.
Fourth, look for Head & Shoulders top formations and late stage, wide, loose, and improper bases that fail.
Fifth, look to short the former leaders five to seven months or more after the stocks price peak.The optimal short point will be when the 50-DMA crosses below the 200-DMA ("Black Cross").
Sixth, and most importantly; Don't be greedy. Set your profit target at 20 - 30%, and take profits often.
Caveat: If a trade goes against you; Don't let the trade go more than 5 - 6% against you.
Hope this helps you.
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four
5,087 posts
msg #120957
- Ignore four
modified |
7/4/2014 3:19:16 PM
some thoughts on shorting > > http://moneymorning.com/2010/03/15/short-selling/
We are in a bull market (indices)... shorting is counter-trend...
Perhaps fins a market or index that is in a bear down-trend ...
This may get you thinking for a stock... then check the index/market it is with to determine if ~most in the index are downward
No exit provided... purely thinking about an entry
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novacane32000
331 posts
msg #120966
- Ignore novacane32000
modified |
7/6/2014 12:22:15 PM
This filter only works when the overall market 40ma is negative.
Exit is 3 day
Edit:Alternate exit is RSI(6) below 72
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jrbikes
624 posts
msg #120987
- Ignore jrbikes |
7/9/2014 11:07:24 PM
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scott111552
173 posts
msg #120988
- Ignore scott111552 |
7/10/2014 7:33:08 AM
Peruse Shillllihs's Slim Shorty filter.....works well
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BarTune1
441 posts
msg #121003
- Ignore BarTune1
modified |
7/10/2014 10:44:52 PM
I've had some luck with this filter. Its had some pretty good hits if you go back 5-10 days.
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