KSK8
561 posts
msg #148024
- Ignore KSK8 |
6/3/2019 3:54:34 PM
Well it collapsed ....as I expected. Twas a bumpy ride but made a nice profit as usual.
|
mahkoh
1,065 posts
msg #148046
- Ignore mahkoh |
6/5/2019 1:35:14 AM
WORX.. apperars to be an earnings related move. No go?
|
KSK8
561 posts
msg #148049
- Ignore KSK8 |
6/5/2019 10:02:54 AM
I don't short anything that has its RSI(2) below 90. However, it did gap down today so had you shorted prior to the close you would have made some $$. As of now, it doesn't seem like it has much room to drop further.
|
mahkoh
1,065 posts
msg #148114
- Ignore mahkoh |
6/11/2019 2:20:46 PM
VUZI well done, currently up 24% from open. IB couldn't locate shares to short this morning.
|
KSK8
561 posts
msg #148115
- Ignore KSK8 |
6/11/2019 2:56:24 PM
Timing is everything, hence why I took my profits and ran.
I would ditch interactive brokers and switch to Centerpoint. There's no better broker for locating shares than these guys.
|
mahkoh
1,065 posts
msg #148190
- Ignore mahkoh |
6/18/2019 1:48:06 PM
KSK, good work on VISL. What do you use as a guide in deciding to exit? Level2, S/R, volume?
|
KSK8
561 posts
msg #148207
- Ignore KSK8 |
6/20/2019 1:58:37 AM
Last year I would literally just wait till the close but nowadays I've become fearful of that tactic. So I mainly just watch the level 2 order book for getting out. Either that or I see where the price is in regards to its support/or resistance. Every scenario is different.
|
KSK8
561 posts
msg #148254
- Ignore KSK8 |
6/23/2019 6:12:43 PM
Forgot to include this one which is actually a primary metric I always look at as a supporting indicator to get out; the RSI(2) on the daily timeframe dipping below 95 is an indication that the price is no longer deemed overextended. -At least that's how I see it.
The larger timeframe has a greater degree of influence on the price than the lower timeframe which is why its effective.-I'm sure everyone knows this though.
|
mahkoh
1,065 posts
msg #148268
- Ignore mahkoh |
6/24/2019 6:40:08 PM
Funny, when backtesting your strategy I had also looked at a Reversersi value for additional exit. In my tests Reversersi(2,50) came out as optimal profit target.
|
KSK8
561 posts
msg #148277
- Ignore KSK8 |
6/25/2019 10:48:23 AM
What criteria did you test?
|