johnpaulca
12,036 posts
msg #118883
- Ignore johnpaulca |
3/31/2014 4:35:31 PM
UVXY...got snack in the face with that, this is my first loss in about three weeks trading this, it still sucks.
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johnpaulca
12,036 posts
msg #118890
- Ignore johnpaulca |
4/1/2014 12:15:32 AM
FDO...long $58.01
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johnpaulca
12,036 posts
msg #118893
- Ignore johnpaulca |
4/1/2014 9:01:13 AM
johnpaulca
8,109 posts
msg #118866
- Edit message
modified 3/31/2014 10:21:45 AM
johnpaulca
8,102 posts
msg #118778
modified 3/26/2014 12:40:42 PM
GGS(0.47)....paper trade, seeing how well this system works on a penny stock...no stops, could add only once.
edit: stock is bankrup....lol
KIOR...$0.49 initial buy(3-26-14)
Add....@0.36...final buy(3-27-14)
Ave...0.425
********************************************************************************************
hit $1 in pre-market.....not too bad, uh!
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Kevin_in_GA
4,599 posts
msg #118894
- Ignore Kevin_in_GA |
4/1/2014 9:49:49 AM
Occasional trade update:
I got into UNIS on Friday afternoon at 4.00 (1000 shares), only to watch it drop a few percent before closing at 3.98. I put in a profit stop at 4.15 yesterday which just got hit.
Another successful trade using my variation on Connors' RPTT system - and yes, ALF, it was the result of backtesting and optimization using Stratasearch.
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scott111552
173 posts
msg #118896
- Ignore scott111552 |
4/1/2014 10:03:53 AM
Kevin, could you elaborate more on the RPTT system? Would you recommend it? Thanks....
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Kevin_in_GA
4,599 posts
msg #118897
- Ignore Kevin_in_GA |
4/1/2014 10:47:10 AM
Stalking CDTI right now - limit order entry in place at 3.15 (2000 shares).
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johnpaulca
12,036 posts
msg #118898
- Ignore johnpaulca |
4/1/2014 10:57:12 AM
CDTI...looks like sellers will take it down to about $3...glty
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Kevin_in_GA
4,599 posts
msg #118900
- Ignore Kevin_in_GA |
4/1/2014 11:39:53 AM
scott111552
124 posts
msg #118896
- Ignore scott111552
4/1/2014 10:03:53 AM
Kevin, could you elaborate more on the RPTT system? Would you recommend it? Thanks....
++++++++++
The RPTT system is more of a tactical trading setup than it is a way to grow your account. Think of a sniper versus a coordinated move by a ground force. In the former case you are picking a few trades a week, and occasionally a day or two comes along where there are lots of candidates (like last week). I usually look for long-only systems that mean-revert, so the basis for Connors' systems are of interest to me.
Mostly I look for RPTT candidates that have been doing well but are suddenly down 8+%. The general rules are simple - the stock is trending upwards and above its' 200 day MA, with reasonable volume over the past 30 days or so (I use over 1,000,000 shares traded daily).
I would NOT recommend spending $1999 for the system, as it is similar to many overbought filters already posted here in the forums for free.
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scott111552
173 posts
msg #118902
- Ignore scott111552 |
4/1/2014 12:04:11 PM
As always, thank you for your thoughtful reply, Kevin.....Scott
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Kevin_in_GA
4,599 posts
msg #118905
- Ignore Kevin_in_GA |
4/1/2014 2:25:06 PM
In on CDTI - 2000 shares at my limit price of 3.15.
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