Why do i keep buying at the wrong time?

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Good question;
here's what I would do.
1]READ Tim Syke's hedge Fund book ; + when i cant make what i want with penny stocks/ find somethings better.
2] Good uptrend pattern;
but i like exceptional uptrends / I dont see that there .
SSO + related traders could daytrade it for profit maybe.
But again , looking for better than penny stocks +topping tail on that chart barley\ above moving averge\penny size voulme on ES\right hand candles

 

Those are rational processes. The market and it’s participants now introduce irrationality.

 

Bang the swing, hit a longer timeframe, no needed to be glued to a computer screen all day, ride the wave. Compute and implement the Wildchild adaptive stop.

PO = Wildchild Adaptive Stop
P0=P−P×100x

• P is the initial stock price.

• xxx is the percentage by which the stock price is reduced.

• P0P_0P0 is the modified initial value used for the first day's EMA.

αk=2/(nd-k+2)
EMAk=αk×Pk+(1−αk)×EMAk−1

This adjusted EMA approach makes the moving average more sensitive as time progresses because αk increases as n decreases, thus giving more weight to more recent prices.

Try it out. Have had a lot of success with this stop, but as stated, entry must be taken at the flood.

 

Very nice.

Thanks again.

 

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Prefer books or mags to video, mostly;
but I liked that T Sykes video ,where the college or career female noted working 14 hours a day.
Dont know if that will help with penny stock profit??
Bottom line, Larry ''Mint '' Hite noted [ in The RULE ] '' get soemthing that makes you money in your sleep''

 

An EMA is a 1-pole infinite impulse response (IIR) lowpass filter. The are hundreds of ways to make them adaptable to market conditions. John Ehlers is the man for DSP in finance.

However, even if you are a Ph.D. Mathematician from MIT, you can't overcome the fact that less lag means less attenuation (filtering) ability, accept for one method. Whitening the data first followed by lowpass filtering is the only zerolag method I have ever seen that provides the attenuation capabilities I desire.

edit: forward-reverse filtering is true zerolag, but also non-causal and only good for offline analysis.

 

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TRUE on less filtering;
but a 50 or 55 Ema lags about right.
WSJ 65dma maybe useul for Dow 30, too little to, late for me LOL;
never found much use for 40ma but IBD uses that almost as much as a50dma.
Weighted ma can work ,maybe too rare for some ....

 

I can't believe I am agreeing with you again.

 

its primarily used as a stop as its dynamic nature as I have not found a way to use as an entry signal.