Trading Dummies

Discussion in 'Journals' started by Babak, Aug 31, 2005.

  1. KevinK

    KevinK Guest

    I think i should have waited for my bar to form...oops.
     
    #51     Sep 6, 2005
  2. Babak

    Babak

    Don't worry Jack still has lots of koolaid.
     
    #52     Sep 6, 2005
  3. KevinK

    KevinK Guest

    LOL:D
     
    #53     Sep 6, 2005
  4. Babak

    Babak

    If you've followed the previous examples and the many lessons on MaoXian's site, this is self explanatory.
     
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    #54     Sep 7, 2005
  5. KevinK

    KevinK Guest

    TODAY:
    long ADTN stopped out for a small loss.
    RNAI-Still short, good gains!
    ALNY stopped for a small loss.
    EFII short, profitted but closed too early :(

    I missed the boat on SBL I wasn't at my comp.

    Good luck all, I will likely post the charts later.
     
    #55     Sep 7, 2005
  6. KevinK

    KevinK Guest

    Some ofthe charts..
     
    #56     Sep 7, 2005
  7. fader

    fader

    great thread and nice trades here folks - i like the approach, i favor the momentum in my strategies as well - it seems that this approach is quite straight-forward to automate and i am wondering if you are aware of anyone who has done any backtesting or automation with this - actually, i recall that one of you has mentioned somewhere that there is a reason why you trade this discretionary only, perhaps you can explain / clarify this point a bit further, thx a lot.
     
    #57     Sep 7, 2005
  8. KevinK

    KevinK Guest

    I've never backtested it. It makes sense, so I trade it.
     
    #58     Sep 7, 2005
  9. fader

    fader

    ok thx - if you are making good money with it, it makes sense to focus on trading it.

    just one other quick question - somewhere there was a mention that you watch volume during the first half hour - what are the specific things, if any, that you are looking for with respect to volume - or is this discussed somewhere on the website in the lessons, would you pls point me to the section - thx again.


     
    #59     Sep 7, 2005
  10. Should be possible to backtest. If I find time, I'll see what I can come up with in Amibroker.

    m
     
    #60     Sep 7, 2005