gamblerKi's Jack Hershey PVT Journal

Discussion in 'Technical Analysis' started by gamblerKi, Sep 25, 2013.

  1. The trades for stock NXST:

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    #21     Sep 25, 2013
  2. The trade for stock ACRX:

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    #22     Sep 25, 2013
  3. Currently, the Sharpe ratio is 3.2.

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    #23     Sep 25, 2013
  4. Did you follow the standard procedure to come up with your daily hot list or did you deviate somehow?

    Were those the stocks with the "highest Rank"? Some, at least visually don't seem to fullfil the requirement for x cycles of y percent moves in the past 6 month. You know what I mean?

    When you chose to trade one of the stocks from your hotlist do you follow the criteria/instructions on the one pager?

    From your hotlist do you already have the stocks prepared in a batting order for the next day?

    I can not help you but your answers could allow others to guide you further.
     
    #24     Sep 25, 2013
  5. Great work so far! I trade intermediate term stocks a la CANSLIM. Wishing you continued success.

    Are you using the 5,2,3 stoch out of DU as your entry signal?....if not, what are you basing trades on?
     
    #25     Sep 25, 2013
  6. Jack and Spyder universe filtering criteria were slightly different. I don't know what the standard procedure refers.

    Here is the filtering criteria I used to get the universe:
    1. 10 <= Px <=50
    2. 5M <= float <= 60M
    3. avg 65-day vol >= 200k
    4. RS percentile >= 75


    Then I monitor the stocks with rank (5 moves of 20% within 6 months). My trading method is slightly different from Jack's but is based on Jack's MACD, fast stoch and slow stoch method. I also used the Unusual Volume Correlation Table (is it the one pager you mentioned in the post?)

    As I am just doing the simulated trading, I haven't worked on the batting order yet. I only allocate $2,000 for each trade.
     
    #26     Sep 25, 2013
  7. I am using out of DU as my entry signal and I also add one extra entry criteria:

    If previous day is not DU volume and current day is having a huge increasing volume, I will also long that stock.
     
    #27     Sep 25, 2013

  8. My trades as at 9/27/2013. Any comments on the trades?

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    #28     Sep 30, 2013
  9. The trades for stock ACAD. Any comment?

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    #29     Sep 30, 2013
  10. The trades for stock FDML. Any comment?

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    #30     Sep 30, 2013