Ah yes, more commentary from folks who couldn't be bothered to read the thread. Too much trouble to do that. What if I had to learn to program (gasp!). Also there's that bothersome problem of having to go into different sites to read that material. What if I get lost? Personally Spyder, I feel that you should guarantee that I will be rich beyond belief within 30 days or my money back. After that I would like you to travel to my home and place the first few trades. While you're out, could you pick up a gallon of milk and some chocolate chip cookies? Lets see, my car needs washing, and I am behind with my laundry......I like my shirts with light starch please.... S
arg... at the risk of mess up this thread a single post more, please read at least the last 10 pages or the first 10 pages, it doesn't matter, before forming your opinion.
2005-08-03, Wednesday - Lists Hershey Wealth-Lab Chartscript Culling Methodology Hershey Equities Rank V 3.0.0 / Qcharts Culling / Stocktables.com Sort Hot List FORD Dry Up Stocks JMDT NGPS Hot List Stocks Scores FORD - 0 Dry Up Stocks Scores JMDT - 0 NGPS - 5 Keep an Eye on These Stocks IIG (Attached) <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=805809>
Good Evening Spydertrader, I also purchased ENER at 10:29 am this morning. I miss my execution at $26.10, finally got executed at $26.34. I thought I was doing good until the stock rolled a bit, scaring me, which produced a premature sell. I read your forum 2 weeks ago so I am still a bit skeptical I guess (causing my self doubt). I can't tell you how great it is to trade beside the master, because even though I doubted myself at that time and failed, I still gained confidence through watching your success on the same trade. William O'Neal should take a lesson here. I am so thrilled that I'm not learning this system alone. Thanks again for all your help and patients. -smashandgrab
Hi JM, I'm using some slight variants compared to what SpyderTrader has been doing and using a few different tools. Mainly some Amibroker programming rather than WL. I'm also integrating some cycles work. The volume dryup ideas are very similar, but I'm using some of my own calc's for those as well. I'm testing out 8 different ones and about 4 seem to be fairly promising. It's really far too early to tell and I've been making some mistakes, some fairly substantial like the JUPM play. In any case here are the results for 16 papertrades. No commisions are factored in. I was planning on using IB anyhow which has extremely low commissions (should be about $1 per trade for most trades using my my real account right now). The system appears to have some promise based on Spyder's trading and these very preliminary results (certainly not enought to create any meaningfuls statistics). Take this with a grain of salt for now, though Spydertrader's results seem to corroberate my current findings. -ace
Nice job Ace, Everyone has those sort of problems, I tend to take profits partially before the 10%. The system is worthy and spidey does a good job teaching it...try to follow it. Best of luck and thanks for the spread, KK