Correcting my error. I meant to quote Richard Dennis (Turtle fame) and he said "don't worry about where prices are going, worry about what you will do when they get there.
oh my, this daily list is a mess I guess DCAI and NFLX are tenured stocks? I'm asking 'cause i can't find them in Stocktable list of today ,with 200 sym eps,rs > 80. anyway my scans show this list: DXPE KNDL, I don't know why they are not in your list , they seem to be ok , I mean within the "parameters". well let's see now my daily list is **DCAI NFLX DXPE KNDL RATE** The more the better...given the positive expectancy of the system the more you roll your dice... Have a GREAT day everybody!!!!
Yes, in a way but they are correlated assets and not independent events. I am gonna stop posting my trades. I suck any way. I will continue to trade with a loose interpretation of Ross rule and FRV (I think I should either be always strict or always loose or I 'll get the worse of both worlds). Some days FRV would have gotten me out of trouble and some days the stocks (staying strong at the upper end of the range) just keep going when the market goes (such as PETS and ELOS recently). I do think an EOD Ross rule, and when the stock almost never goes above the entry level during the day might be a good sign to cut the loss or at least sell it into the next day's open. Thank you all. Good trading!
martys, I think relative strength to the stock index helps as it shows the real game in the stock. give it a try.
I overlay the stock index in eSignal as per my previous posts. You can also check the % change of the stock and the index side to side, but the overlay gives a more accurate, real-time view. Good trading this morning.
If you stop posting because it distracts you from your plan, it's a good thing. If you stop posting because you have to prove you DON't suck to us, that's a very risky thought IMHO. Stick to the plan period. Don't get me wrong I'm not patronizing, I'm not in the position to do it, just my 2 cents
Well, I honestly think all my success were due to the system and all my losses has been due to myself... What's to post?