StockFetcher Forums · View by Author: (169 messages)  [ Display By: Date / Subject ]<< 1 ... 13 14 15 16 17 >> 
Filter Exchange · Sorry guys...99% win was the best I could do!
betyerbottomdollar
msg #52509
6/25/2007 9:29:11 PM

Right!

I don't think the fundamentals of the IBD 100 stocks are an absolute necessity... There are way more great stocks out there that are rising more rapidly than the IBD 100...it is just that the IBD stocks are a pretty safe bet. In fact, I bet if you apply the idea of low profit stops and big loss stops to any set of uptrending stocks you will come up with a high win rate.

In fact...maybe I will try that...



Filter Exchange · Sorry guys...99% win was the best I could do!
betyerbottomdollar
msg #52458
6/23/2007 10:19:16 AM

Actually I just started trading this filter a week ago. And not with the 10% profit and 50% loss stop, but a relatively equivalent 5% profit, 25% loss stop. So far so good. The fundamentals are taken care of by picking stocks from Investors Business Daily top 100 list. I traded HURN for a quick 5% and have my money in SNDA at the moment. If I had the free cash I would put some into HURC because it looks like a BBand squeeze candidate for a fast 5%.

I do pick and choose which qualifying stocks on my watchlist I buy. I feel more comfortable buying into an uptrend and buying stocks with a higher IBD rating.
Hope this helps
Casey

Filter Exchange · Sorry guys...99% win was the best I could do!
betyerbottomdollar
msg #52400
6/21/2007 6:38:20 PM

Well what is your filter kram?

I think the best annual ROI I have ever gotten was about 70%. And that was with one of mary4money's RSI filters.

Filter Exchange · Sorry guys...99% win was the best I could do!
betyerbottomdollar
msg #52374
6/21/2007 7:20:29 AM

Yes, that is true.

However, the IBD 100 companies have to be doing something right the two years prior to have been put on the list. Generally they are uptrending stocks and most of them have been for a while.

I think the real kicker is the 10% and 50% stops.

Filter Exchange · Sorry guys...99% win was the best I could do!
betyerbottomdollar
msg #52367
6/20/2007 8:18:53 PM

Right! Well, I am never really sure how other people do so I thought I would gauge interest before posting this. It is pretty simple, really.

show stocks where Bollinger Width(20) reached a new 6 month low
and draw Bollinger Band(20)
apply to watchlist(IBDjune)

Which basically puts the bollinger band squeeze on the Investor's Business Daily top 100 stocks (updated weekly at investors.com...you will have to get that yourself). The trick I was using was putting my stop profit at 10% and stop loss at 50%. I know that goes against what all the pros say but, shucks...I want my stock to win before it loses.

57% annualized return isn't too shabby I thought...Do you guys have filters that return far more? If so I would love to see them.
Thanks, Casey

Filter Exchange · Sorry guys...99% win was the best I could do!
betyerbottomdollar
msg #52330
6/19/2007 7:07:41 PM

This was a two-year backtest.

Trade Statistics
There were 156 total stocks entered. Of those, 143 or 91.67% were complete and 13 or 8.33% were open.
Of the 143 completed trades, 142 trades or 99.30%resulted in a net gain.
Your average net change for completed trades was: 9.90%.
The average draw down of your approach was: -7.90%.
The average max profit of your approach was: 12.41%
The Reward/Risk ratio for this approach is: 27.04
Annualized Return on Investment (ROI): 57.90%, the ROI of ^SPX was: 11.70%.

Exit Statistics
Stop Loss was triggered 1 times or 0.70% of the time.
Stop Profit was triggered 142 times or 99.30% of the time.
Trailing Stop Loss was triggered 0 times or 0.00% of the time.
You held for the maximum period of time (365 days) 0 times or 0.00% of the time.
An exit trigger was executed 0 times or 0.00% of the time.

Summary
Invested In Stock: $-0.00
Market Value of Stock: $0.00
Market Value - Invested: $0.00
Available Cash: $159456.87
Total (Cash + Market): $159456.87


If anyone is interested, let me know.


General Discussion · JOKES
betyerbottomdollar
msg #51166
4/16/2007 7:13:11 PM

How do you kill a circus?

Go for the juggler.

Filter Exchange · Putting the squeeze on the stocks can work well
betyerbottomdollar
msg #51164
4/16/2007 6:46:51 PM

Nope, close above 50. The two-year time frame traded only 22 stocks closing above 50 for an 82% win rate (that is less than one stock a month). BUT if you are putting your entire portfolio on the line each time you trade, an 82% win rate (gaining 10% each trade) is going to more than double your $$ annually. Pretty good I would say.

I had tried the scan with stocks closing above 5 which resulted in many more trades (which equal commissions in real life) and a win rate of about 60-something percent.

If you can figure out a way to squeeze a better percentage of winning trades out of lower-priced stocks, by all means, let me know. That is why we are here, right? :)

Cheers, Casey

Filter Exchange · Putting the squeeze on the stocks can work well
betyerbottomdollar
msg #51136
modified
4/15/2007 6:02:03 PM

No, I don't have a life.

I spent my entire Sunday playing around with different screens based on the bollinger band squeeze (sorry God, maybe I will make it to church next week). After loads of subtle tweaking I came up with a screen that returned 82% winners from 15 April, 2005 to 14 April, 2007. I have to say, I am happy with the results, but is the true measure of a screens success in the percent of winners to losers, the Risk/Reward (2.31) or the ROI% (28.43%)? Of course, the ultimate way is to put my portfolio on the line but I would like to spend a few more Sundays studying this before I throw my hard-earned cash into the markets.

What do you guys (and gals) think? And do you have any screens that trump mine? And suggestions will be greatly appreciated.

Fetcher[
show stocks where Bollinger Width(20) reached a new 6 month low
and draw Bollinger Band(20)
and Volume increasing for the last 4 Days
and EMA(100) increasing for the last 2 Weeks
and Close above 50
and average volume(10) is above 100000
]





StockFetcher Forums ·  · << 1 ... 13 14 15 16 17 >>

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2018 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus


This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.