Recent content by patefern

For those who trade stocks daily, do you follow and trade: 1 to 5 5 to 10 10 plus whatever comes up on a scan

Thank you for the replys.

I’ve been working on a trend following open range breakout system that I would like to backtest using the SPY and possabily a few other symbols but I don’t know enough about backtesting to do it. Is there a service or website that does this with my perameters? I did a search but didn't find...

“Buy 1 dec spy 100 call at the market when spy trades at 100”, which is a contingent order. “Sell 1 dec spy 100 call at the market if spy trades at 95 or 107.50” which is a OCO, one cancels the other. If spy trades at 100 the delta of the 100 call will be probably be 50, which means...

I got long earlier than you and was stopped out, now 50 + higher, will still use stops anyway.

Tony described it in the above post as I was typing this response. If I understand you correctly; you buy the stock at 90, your stop is 2 to 4 percent, the same as your profit target? You sell the May 90 call for 1.70, you have to hold stock until expiration to deliver the stock if above 90 by...

The 12 week course for interns has 3000 applicants from which they pick a handful, if picked I would go, than I could report back to you. Yes, features from the seminar have improved my profitability.

Wouldn't you think a 12 week course would be more instructive than a book or taped 3/4 hour seminar? I would assume you are more experienced than those who go to seminars that's why you're not interested. I did not go to the seminar that is on the web, so if your question is based on that...

Fisher trains interns in a 12 week course, so the book and the seminar don't do justice to his methods, just a taste. The new seminar is coming up, www.mbfcc.com, $2500 or free to clients.

email, go ahead and ask a simple question and see if handle answers it. As you are aware the ACD method is to be used with "your experience and your own indicators"(paraphrasing Fisher) and consist of a macro and micro view which have to be mastered. The book is good, the seminars are better...

crevalle wrote:This stock is oversold IMO (RSI, etc), and the fundamentals are still very strong. I follow video game stocks quite closely, and I would be pleased to own ERTS at $55 if I am exercised. I love these situations. It showed strength on the gap-down this morning as well. Turn your...

http://www.optionvueresearch.com/webtools2/ProbabilityCalculator.asp Don't think this is what you want but when you asked this came to mind.

That said, the following three criteria "tend" to produce some very nice daytrade winners: 1 - Low %ATR (contraction) 2 - NRID (consolidation) 3 - Higher beta (higher historical volatility) Certainly there is no magic here. The above concepts aren't new or esoteric by any means. You...