Spodey
6 posts
msg #33490
- Ignore Spodey |
10/4/2004 5:56:13 PM
I saw a discussion on a simple trading system in a trading magazine recently. I used it and made a nice little 2 day trade profit in SIRI. (Bought at 2.98, sold at 3.29)
Here's the formula: If the stock was down 2% (close to close) 2 days ago, but it went up 4% (close to close) one day ago, buy and hold for 2 days, close at your discretion.
I found and "eyeballed" SIRI using Stockcharts.com, and used a calculator to figure the percentages and I had some beginner's luck. I hope to throw in some RSI filters to assist lowering the entry risk one of these days.
I'd like to use Stockfetcher to program the formula to produce a number of stocks to watch but I just don't know how to do so in limited time.
I'd appreciate some assistance and I won't be a bother again until I find something similar and run to one of this board's experts with the basics.
Thanks!
Spodey
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txtrapper
548 posts
msg #33492
- Ignore txtrapper |
10/4/2004 6:22:05 PM
enjoy,
TxTrapper
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kgriffen
49 posts
msg #33494
- Ignore kgriffen |
10/4/2004 7:47:34 PM
Try this:
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txtrapper
548 posts
msg #33497
- Ignore txtrapper |
10/4/2004 10:23:02 PM
kgriffen
I changed the price of your filter to between 1 and 10 then ran your filter. The first hit was UGHO it went down Friday but up 36.36% today, I think he is looking for 4% increase 1 day ago.
Quote....stock was down 2% (close to close) 2 days ago, but it went up 4% (close to close) one day ago
TxTrapper
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Spodey
6 posts
msg #33517
- Ignore Spodey |
10/6/2004 11:43:38 AM
Thanks to both of you for your time and effort on my behalf! You initial guidance will greatly assist me in writing additional filters which I will share after proper DD and testing, of course.
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