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I also took the biggest hit ever last week. What was it about last week, sheeessh. My plan after a train wreck week is to slow down take a step back, analyze, basically regroup. Scale back position size until you get back on the winning track. Stop trading altogether for a few days if you...

Stockfetcher let's you backtest a single stock by creating a watchlist with the stock and create a Filter and start with "apply to watchlist(mystocks)" You can backtesting going back 5 years in 2 year periods. Go to the stockfetcher forum and all answers to all your questions will be found...

Well, stockfetcher is primarily a technical screening tool with backtesting capablities. Stockfetcher is probably the cheapest at less than 9 bucks a month and might be the easiers to use too. Bottom line is I'm making money with it. Isn't that what counts ultimately? Can you make money...

Thanks for illustrating with TUBR. What I get from this is that playing these pinkies is the most risky in the whole slomarket and one need to take profits when it's there in front of you because it could disappear the next minute, so don't be greedy. We appreciate you helping us become...

Got some ESRG at 2.02 after the rinse job. Was it the mm's doing the shake out or just plain profitaking? From your vast experience, have you seen this as a common occurance with these type of pinkies? I'm kinda reluctant to put one a big position after seeing what happened today. Good to...

http://www.stockfetcher.com/ is what I use and you can't beat the price and the ease of use. Should have everything you can possible want and a very helpful community forum to help you out if need.

PennyTrader, Stumbled onto your post last night and spent a couple of hours reading it in it's entirety which I've rarely done. You're doing what many of us are aspiring to, that is extracting from the slomarket for a living. You wouldn't be doing this if you didn't have the skills and...

lindq, Thank you for your excellent comments. I ran a 2 year backtests and here are the results. No stops 63% Win, 689 ROI%, $105,670 Equity Total. 8% stop 61% win, 639% ROI%, $104,670. 2% stop 42% win, 809% ROI, $102,898. Using no stops does indeed make you more money with the...

aaronk, The 200 list come out on Thursday. Pick it up once a month, cost less than a cup so SBUX coffee. I load them into a watchlist on http://www.prophet.net/ and I look at a 6 month chart displayed 12 on a page, looking for certain patterns that may be setting up, saves time from having...

feb, No, www.stockfetcher.com uses delayed intraday and end of day data only. Their fees are incredibly cheap, imho. I'm in no way associated with them and this is not an endorsement of any kind. I'm just a subscriber getting an edge in the slotmarket with their service. Was a day early...

Insider buying alone is not enough for me to take the trade. Add a couple more parameters and this can be a money maker. So, let's exchange ideas on what those other parameters are and we can really make some moola with this system. TSAI 3 officers bought last week around the $30 level...

I was a day early in calling for a reversal on BQI, it went down today. Was 2 outa 3 today. Looking for DNDN to go down tomorrow. http://slotmarket.blogspot.com/

GSCO, You are correct, worst case scenario is if the stock whipsaws around the trigger point and I get stopped out. BRCM did that today and I bailed pretty quick. All my trades are recorded here http://slotmarket.blogspot.com/

They appear on the IBD 200 list before they make it to the 100 list. Catching the movers on the 200 list should give you a better chance at getting in early rather than late in the trend.

A director at BSC just bought a boat load few days ago at $147 and $150, err a couple of boat loads actually. The stock is off it's high of 172. If it breaks 155 on good volume, I'm in. Here's the site I use http://www.secform4.com/

I'm trading a screen that identifies reversals after two big up days(and visa versa) and started using Trade Trigger from Ameritrade to automatically implement the trades. Today I set Trigger to sell short BQI when it trades at or below 3.59. It did not trigger as BQI ran straight up 10%...

Well said, hels02.

This is a daytrade, enter at open if it's below yesterday's close and close out trade end of day(or sooner). The screen looks for reversals after two big up days. Backtest over the last five year produced 60-65% sucess rate, huge ROI. My trades are chronicled at http://slotmarket.blogspot.com

I'd add these couple of conditions. 1. Insider buying when stock is at a low, could be 52 week low, 6 month low, etc. 2. Buy amount at least $125k. Small amounts mean tiddly squat. 3. If that certain insider has a history of buying and the stock goes up, better ride his/her coat tail.

You got the pullback today!