Think I've figured out my last problem. Error in my code (I think) which REALLY re-inforces you need to test everything before launching into production. Anyway, I've attached my latest version of the intraday / auto-trading code if anyone is interested. Aslo had a couple of PM's regarding my earlier AB code. The 'hershey complete.afl' will only work properly on EOD Data. Also you need a fairly recent beta of Amibroker to get all the functions to work properly.
I echo the sentiments of everyone else by thanking mischief for posting his efforts. I appreicate the contribution. - Spydertrader
Sold FMCN this morning when price breached the upper trendline at the $55.67 price point. Still holding SIRF - although it doesn't look to promising at present. Also bought COGO - only filled on 172 shares before price moved. Updates to follow. - Spydertrader
was able to get some GROW action today. unfortunately i wanted to try easing into the position...didn't happen. she shot up there before i loaded up. i got off 100 shares under 15, had planned to buy up to 400 total by 11am. sold the shares for about a 4.5% gain and good job to the fella who made that 10%er gain. sweet.
In order to update my trades, I have attached today's trade log. As you can see, I sold my SIRF shares for what amounts to a $12.00 USD loss. Basically a wash trade. As I stated yesterday, SIRF appeared problematic, and I cans ee clearly now I should have listened to my instincts. With FMCN (see next attached chart) I sold when price breached the upper trendline. Yes, I could have waited until price exited the lower trendline, but I banking a $2.00 per share profit gain seemed smarter to me than waiting it out. With COGO, I thought I would try to sneak in the door before Jack's 'Bruno' set up had fully formed. Not smart. Close enough is never good enough. I exited COGO when price went into negative territory (See Ross' Rule) for the day. Hope that helps explain my thinking. - Spydertrader <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1024490> <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1024494>
Nice trade taking the UTL break. I waited til it broke the lower TL and missed about $0.60 per share profit. I'll probably watch it tomorrow as I have it in the lower third of the daily channel. DS