betyerbottomdollar
169 posts
msg #54757
- Ignore betyerbottomdollar |
9/12/2007 9:52:53 PM
I am a huge fan of trading the Investors Business Daily 100 and have spent more hours than I have fingers and toes researching multitudes of strategies for this wonderful list of top stocks. I have nine great filters (with the crummiest returning 81% winners with 86% ROI in the last year), but this one is the best I have come up with so far.
For one year ending 12 Sept, 2007:
Trade Statistics
There were 14 total stocks entered. Of those, 12 or 85.71% were complete and 2 or 14.29% were open.
Of the 12 completed trades, 11 trades or 91.67%resulted in a net gain.
Your average net change for completed trades was: 8.96%.
The average draw down of your approach was: -4.15%.
The average max profit of your approach was: 14.17%
The Reward/Risk ratio for this approach is: 11.76
Annualized Return on Investment (ROI): 415.11%, the ROI of ^SPX was: 13.03%.
I know, only 14 stocks...but that is a guaranteed winner once a month! In fact, the one losing stock rocketed up after only just passing my stop loss.
Narrow 45-day Channel (All)
and close crossed below EMA(20)
(sorry, don't know how to make it clickable)
and of course, "apply to watchlist(IBD100september7)"
I had both stops set at 10% for that one. Pretty simple, really...buys good stocks pulling back on a strong uptrend.
Those two lines of code represent lots of staring at my computer...days lots, weeks even. I hope someone can use it!
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corsino
259 posts
msg #54760
- Ignore corsino |
9/12/2007 11:09:33 PM
FWIW :
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johnpaulca
12,036 posts
msg #54767
- Ignore johnpaulca
modified |
9/13/2007 9:12:33 AM
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danv83
44 posts
msg #54775
- Ignore danv83
modified |
9/13/2007 8:09:33 PM
betyer, try this one out on your ibd list.
i tested it on the ibd200 and it seems to make for a lot more opportunities.
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betyerbottomdollar
169 posts
msg #54811
- Ignore betyerbottomdollar |
9/15/2007 9:58:23 AM
Hey that's a good one! What exit strategy do you use?
Here is another one you can try...just simple Directional Movement filter.
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guru_trader
485 posts
msg #54834
- Ignore guru_trader |
9/16/2007 3:58:27 AM
Having some fun with it ...
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betyerbottomdollar
169 posts
msg #54835
- Ignore betyerbottomdollar |
9/16/2007 11:03:14 AM
Um...What did that do?
I played around with it and got 57% win with ROI of 76% using IBD100, but I am not sure what it is filtering for or how it exits.
Now, ol Casey here hain't the sharpest spoon in the shed and my third-grade education (the national equivalent to a Texas high school diploma) seems to limit my perfunctory edificational abilities. Can you tell me how that filter works, oh great guru-trader?
Try this one, boysngirls:
Exit:
Close crossed above Upper Bollinger Band(20,2)
I usually do it for a year since lots of the IBD100 were dancing around dime levels two years ago. Keeps it more relevant.
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SFMc01
358 posts
msg #54870
- Ignore SFMc01 |
9/17/2007 5:28:37 PM
Interesting that when this filter is presently applied to all stocks, and not a watchlist, and when offset 40 or 50 days, ... the majority of the stocks are now losses. Just for fun....Could it be a predictor of future problems?
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lvaduva
5 posts
msg #55349
- Ignore lvaduva |
9/28/2007 7:16:53 PM
One quick question...I am new to this forum, and I was wondering how the apply to watchlist(IBD100september7)" works.....any advice as to how I can implement?
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betyerbottomdollar
169 posts
msg #55359
- Ignore betyerbottomdollar |
9/29/2007 2:49:46 AM
Ah yes...
I download the Investors Business Daily top 100 stocks every Friday. I then copy and paste all the stocks to a watchlist here on stockfetcher so I can run my filters on them. september7 was the name I gave to that week's watchlist.
investors.com
hope that helps
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