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Hi John, I'm interested as to why you want to hold some of the FU stocks longer term. This method (I believe) is all about 'flipping' highly volatile stocks. My preference is to enter as many stocks as possible as I believe that I am diversifying my risk and hold them for the shortest...

No probs. I completely agree with you

Tums, I assume you are referring to me? Aah no. My name is Mark Jarvis. I never post anything that I wouldn't be prepared to say to someone's face.

orang, I must say that you are one of the most juvenile, offensive posters I have seen on ET and that is saying something. I am "one of those guys from Australia" who has automated the EQUITIES portion of the method. Nothing to do with FTT or futures, etc. I have automated using...

He may either be a gun trader or incredibly lucky. To run 30k to 1M would involve a bucketload of risk in anyones language. It's, what, 3333% per annum? How many others have tried and blown up? Inevitably some will get through by sheer chance. I'm not taking away from his...

That is gold.

Hi BlueDemon77, Amibroker does have N-volume bars built in, although I haven't used them. This is from v4.80 TimeFrameMode( 2 ); - switches time frame functions to N-volume bar operation (positive values passed to TimeFrameSet are treated nowas N-volme bars) Example...

VirginTrader, It's been my experience that closing next day on open yields superior results for stocks that fail to reach FRV than closing at EOD. To do this I use an 'OPG' market order (assuming you're trading using IB, not sure if other brokers have similar orders). BTW, I live in...

stepan7, Have you read Journals 1 & 2 in detail? All the information is there. I live in Aus and work full time. As a result, I can't really trade the live U.S. markets (unless I forgo sleep). I read Journals 1 & 2 and automated the the Hershey stock rules. I am up 10% since the...

You're probably right Gerry, but if it helps people 'see' a chart and manage their trades, I don't care if it's called a purple chicken. I think the power of Jack/Spyder's descriptions are in the clear association between volume & price and the terminology, which helps the concepts 'stick' in...

Looking at your P & L chart, I only wish to point out 2 things. Before I do that, let's assume you have a constant number of trades/day. You have approx. 1600 bars/trades over 18 months. , which is around 89 per month or approx 4.25 per 21 day month. Point 1 - Between Bar 470 and 600 you...

Ezzy, GIF is the worst format to save in for this problem. Try PNG, I have found it to be the 'least worst' for these sort of images.

Hi Billp, I'm not a fan of exiting in multiple lots. Van Tharp demonstrated convincingly (to me) that scaling out reduces overall profitability. I'd rather just take my 10% and move onto the next trade. Besides, the stocks we trade are so volatile that any trailing stop would have to be...

The pattern trader applies if you have <USD$25k. Given the fact that I wasn't 100% sure how well the whole thing would work, I wasn't prepared to commit more capital than that to start with. I also didn't have enough of a track record with the automation (which is the only way I could trade...

I'll consolidate both replies into one post.. John Yes, I have done a bit more work on the scripts. I got pinged as a 'pattern trader' because I manually entered one too many trades and my old script had a couple of 'unusual' flaws that triggered too many same day exits. As a result, I...

Aurum, The only comment I would make is that NVEC didn't make FRV, so strictly (according to beginner equity rules) it should be exited at EOD (or on open next day as the 'rules' were amended to) I entered PCCC @ 14.06 and COGO @ 18.27 via my auto-script. When I got up this morning, I...

Thanks Clym. I'll keep an eye on that.

Hi all, Just a quick note that CBEY is on my dry up list but reports tomorrow (according to earnings.com). Unless you're planning on getting out EOD, I wouldn't recommend a trade

Did better than MED over the past couple of days.... I was holding NWRE into the earnings announcement (due to a mistake on my part). I'm thanking a higher power that it was not MED...

Absolute truckload of signals last night. Only took 3 due to my money management constraints. ENG @ 7.59 REDF @ 14.16 TSCM @ 12.37