StockFetcher Forums · Filter Exchange · Picking stocks at random<< >>Post Follow-up
traderblues
195 posts
msg #48556
Ignore traderblues
12/11/2006 5:51:21 PM

Does anyone know how to write a filter that picks all stocks where the last 3 digits in today's volume is 321?

Or what are some other ways a person can write a completely random screen?


TheRumpledOne
6,411 posts
msg #48557
Ignore TheRumpledOne
modified
12/11/2006 6:23:28 PM

Fetcher[
set{vtest, volume * .01}

set{vtest1, vtest }
set{vtest2, round(vtest1, 2) }
set{vtest3, vtest2 * 100 }
set{v123, volume - vtest3 }

add column v123

add column vtest
add column vtest1
add column vtest2
add column vtest3

v123 equal 123
close above 1
sort column 5 ascending
]



Volume usually ends in 00, doesn't it?

Anyway, 123 returns 0. but if you change the equal 123 to equal 500 or 100, you get stocks.

HTH.







maxreturn
745 posts
msg #48558
Ignore maxreturn
12/11/2006 6:48:27 PM

Ok traderblues...this begs the question...what is the point of writing random screen? Nothin better to do?


TheRumpledOne
6,411 posts
msg #48559
Ignore TheRumpledOne
12/11/2006 7:29:35 PM

Didn't someone once say that picking stocks at random does better than 90% of the professional portfolio managers?




traderblues
195 posts
msg #48561
Ignore traderblues
modified
12/11/2006 10:26:46 PM

max,

Just a personal challenge. I've read in a couple of books that you can make money with a good system that just picks buys at random. That forces a person to really focus on the sell side and money management.

Thanks, TRO, but I'm not getting any hits. I'm a little slow tonight and can't really follow your logic. Maybe 123 is too strict? (never mind - I just didn't read your whole post.)



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