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Interesting. It just broke 11/28 high. FRV 51%, PV 26% at 11:25.

OK, but the point I was trying to make in the previous post is that the Hershey rank scan already makes sure that the stock price moves, regardless of the float/avg. volume level. If the stock has already gone through 5 moves of 20% or more, then the same volume levels that caused those past...

Doug, I asked these questions in a previous post and Spyder posted some links on this subject: http://www.elitetrader.com/vb/showthread.php?s=&postid=897389&highlight=float#post897389 I still haven't found a reason on why we're using these fixed float requirements. However, if the stock has...

Boy... what happened to America?

Here's a failed setup: COGN this morning broke down of its NR, then backed up for a stop loss just to break down again to new lows. Looking at the chart later I realized this stock regularly makes reversal on 15 minute periods...

Same here. Besides of LB DU, I also monitor FRV % during the morning. None of my DU stocks has reached 20% FRV as I write...

My DU list for 11/29: BOOM KNDL NGPS SNHY

I think the 90 EPS ranking cut is a basic filtering to reduce the universe to a set of quality stocks. A filter like TTM EPS growth > 10 would probably do as good, considering that in some cases we have stocks that pass the stocktables ranking filter but still have negative earnings. IMO the...

or go in because it's going to look good on your resume. Seriously. That's how you will get your next job. Besides of investment classics like Liar's poker and such, read "Fooled by randomness" by Nicholas Taleb. It will give you a different insight on how the i-bank world operates. I can...

Slurp...

I'm trying to keep my hands off VDSI for now and see how it reacts after 1:00. The stock FRV level is 28% at 11:55. Our dude might be a little late on the track...

ok, I was using the daily ATR(14)/Close and it seems to have more stability. I updated your spreadsheet with the daily values.

Indeed a large spread. Did you calculate the ATR(100) on 30 minutes bars or daily?

It was going very fast, was it?

What I'm trying to verify is if most of the stocks in the Hershey universe have a similar Price/ATR ratio. If the observation holds true, I can use this number to calculate my stop losses more efficiently. For example, apply a trailing stop loss of 1.5 ATR to each trade. I guess what you see...

I compiled a list of last month intraday drops for RNOW, NGPS and NTRI. You can find the results in the attached excel spreadsheet. Although this is far from being an accurate study, it served me as a rough estimation in order to calculate my trailing stop levels and positions size. All of...

Maybe not. Other than PETS, the higher % ATR are for energy and health care/biotech stocks: Symbol Close Daily ATR(14) ATR % Close Industry GES 33.64 1.11 3.30% Textile - Clothing RTSX 35.71 1.28 3.58% Medical practitioner RATE 33.49 1.37 4.09% Internet...

While doing some ATR calculations I noticed that the daily ATR(14) divided by the Close for some of the stocks we're following is quite close to the standard 5% trailing stop. Consider these values: TIE, close 59.62, atr 2.77 ==> 4.7% NGPS, close 31.46, atr 1.32 ==> 4.2% NTRI, close 40.05...

Doug, I am not clear on the first part of your calculation. How do you get to a volatility of 1.37 for TIE?

Yes, the trailing stop should have been set to 5%. Lesson learnt.