parkcheil 3 posts msg #150100 - Ignore parkcheil modified |
1/3/2020 5:59:10 PM
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snappyfrog 721 posts msg #150114 - Ignore snappyfrog |
1/5/2020 7:15:54 AM
These forums are full of swing trade filters.....
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JoeyVinyl 125 posts msg #150116 - Ignore JoeyVinyl |
1/5/2020 2:03:14 PM
First, just a simple forum search for "swing trade filter" will bring up lots of posts with ideas and information. I'm not saying this to be rude, but there's over 15 years worth of ideas here in these forums and it might help you to have searched them before asking for help.
Second, what exactly are you looking for? Long trades? Short trades? What time frame? Day trading? How long do you want to hold a position? One day? A week? A month? Do you want a filter that gives you entry and exit points or do you want to make your own? Are you looking for penny stocks? Small cap? Mid cap? Blue chips? Are you looking for any particular sector?
Basically what I'm saying is that no one here can be of much help without knowing more about what your trading strategy is or what your needs are.
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shillllihs 6,044 posts msg #150119 - Ignore shillllihs modified |
1/5/2020 2:53:58 PM
Tons of great swing trade systems, just start from the last page and go down the list.
Though I've been here for years, I just started doing this yesterday and there are a lot of great ones.
But the caveat is how do they perform in a bear environment. I love to search 1 day performance, then a week, a month, 3 months 6 months and finally the most important of all is what happened during the downturn of Oct 2018. That's the biggest test. Unless you have great exit strategy and instinct, they are all trash. You can undo everything in a few weeks of a bad streak. I'd like to see more systems that don't produce any hits or go inverse etf under prolonged bear conditions. Finally ETFs are the way to go imo.
Just want to add that most any system that I follow should include bollinger bands(20) with good entry exits strategies. Bollinger is my number1 go to.
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snappyfrog 721 posts msg #150134 - Ignore snappyfrog |
1/5/2020 11:12:25 PM
shilllihs,
You are right that there are many great ideas in these forums. One must not take them for face value, but get ideas, coding ideas and then make them fit your own trading style.
If a filter does well in this 10 year bullish market, one can and should look to reverse it to see how it reacts in a down market like the fall of 2018. Some work, some don't.
We all need to be able to scan in up, down and sideways markets. We also need to be prepared to buy, short, buy / sell options and ETFs.
Then we are never out of the market.
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