Lesson learned: Importance of trading Out vs in charts

Discussion in 'Technical Analysis' started by KCalhoun, Mar 7, 2021.

  1. KCalhoun

    KCalhoun


    AMC today is a great example, minor gap above prior days high, it was our top call in my live chatroom today :D
     
    #11     Mar 15, 2021
    murray t turtle likes this.
  2. It seems to be having a great 2021:

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    But I'm having trouble getting it to work over time:
    [​IMG]

    I did:
    ---
    Universe: Russell 3000
    Price Filter: $10-45
    Volume Filter: MA(V,50) > 350000

    Entry conditions:
    1. LinRegSlope(C,2) > 0.50
    2. ROC(C,5) > 0

    Rank: 100 + ROC(C,5)

    Buy Stop Limit at Ref(H,-1) + 0.75

    40 max positions x 10% each

    Exit:
    Market on Close
    ---

    Any suggestions? Volatility filters? Stop losses?
     
    Last edited: Mar 15, 2021
    #12     Mar 15, 2021
    murray t turtle likes this.
  3. %%
    Profits on QQQ/UDOW;
    buying TECS..........
     
    #13     Mar 18, 2021
    KCalhoun likes this.
  4. KCalhoun

    KCalhoun

    SOXL good trading range
     
    #14     Mar 18, 2021
    murray t turtle likes this.
  5. %%
    SQQQ+ other inverses are still above 50dma + positive for the week.[10:00 cst, FRI]
    STRONG ETFs uptrends in MAR. But 3rd friday week tends to be down.
    SAT = 1st day of spring
     
    #15     Mar 19, 2021
    KCalhoun likes this.
  6. %%
    Until he answers;
    i would sure make i found out why i lost so much in2019,2020,.[ I did better in 2019,2020/2021 by trading spxl smaller = spy,qld,qqq larger than spxl, myself.
    2008 is to far away to really count it this year + you beat the SPY benchmark anyway..............................................................................................
    BUT any close below 200dma like spy did in 2008 is a whole different\bear market
     
    #16     Mar 22, 2021