Doug's Little Stocks

Discussion in 'Journals' started by dougcs, Aug 23, 2003.

  1. Tuesday 9/2:

    Got the computer back on Saturday, and a new one being built by a local shop. The new one will be ready Thursday.

    Today, not much happening. Mainly, opening positions but there were a few trades:

    4 wins for $130
    4 losers for -$200
    Net $-70.

    There are 24 open trades.

    DS
     
    #11     Sep 2, 2003
  2. Weds 9/3:

    Getting back to normal, things looked good today:

    10 Winners $1500
    9 Losers -$460

    Net $1040

    My new computer should be ready tomorrow and I am hoping it sets up with no problems.

    Specs: AMD 3gig

    2 gig DDR RAM

    2 120g hard drives
    128meg ati video card

    Should run a lot faster than the 1gig pentium 3 system I am now using.



    DS
     
    #12     Sep 3, 2003
  3. Do you hold positions overnight? Do you enter and exit positions all through out the day?


    --MIKE
     
    #13     Sep 3, 2003
  4. I do hold positions overnight. Winning positions average around 20 bars (I use mostly 60 minute and 30 minute bars) and I do open and close positions during the day. I typically have about 20 trades a day. Losing positions average around 10 bars.

    DS
     
    #14     Sep 4, 2003
  5. Thursday, 9/4

    Sort of a quiet back and forth not much happening kind of day.

    6 Wins $710
    9 losers -$590

    Net +$120

    DS
     
    #15     Sep 4, 2003
  6. Friday, 9/5:

    Today was like the saying goes, "a waste of a clean shirt."

    10 wins $700
    12 losses -$720

    All day at the computer to lose $20. I shoulda played golf. Nice weather from the north is finally filtering our way here in Houston.

    DS
     
    #16     Sep 5, 2003
  7. Monday: 9/8/2003

    A fairly nice day for the markets.

    Wins 8 for $780
    Losses 4 for -$100

    Net $680

    Got my new computer running today and it is much much better than the old one.

    DS
     
    #17     Sep 8, 2003
  8. reg

    reg

    What do you mean by "20 bars" and "10 bars"?
     
    #18     Sep 8, 2003
  9. Do you optimize the individual parameters for each stock traded?
    If not do you then apply the exact same system across all the stocks in your "trading portfolio"?

    I imagine what gives this strategy an edge is the fact that you hold overnight, would that be fair to say? Or would you still have an edge if you were to liquidate everything at EOD?

    Thanks in advance for your response and continued good luck with your system.

    Indextrader
     
    #19     Sep 9, 2003
  10. For stocks that I use 1 hour bars for, it means I hold around 20 market hours, or roughly 3.0 days. If I use 30 minute bars, then the average hold time is 10 hours or roughly 1.5 days.

    DS
     
    #20     Sep 9, 2003