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  1. stevegee58

    Trading the Pivots

    I asked because it was so amazing how the channel lines almost exactly contained the swing highs and lows. I figured you had hand-drawn those channels.
  2. stevegee58

    Trading the Pivots

    Hey is that a linear regression channel on the ES chart?
  3. stevegee58

    Backtesting Earnings

    Be careful with yahoo data. I've been using float for a filter in a certain area of my trading and I noticed that yahoo's float is unreliable. msn seems to have better float data. Of course I'm not sure if this extends to other data as well, but I'm just giving y'all a heads-up.
  4. stevegee58

    50% Annual Returns

    Buying a set number of shares sounds reckless! Using a fixed fractional allocation is pretty conservative. Another approach is to size the allocation based on volatility. That way, the more volatile stocks don't kill you when they drop suddenly. It's a 2 edged sword since you wouldn't make...
  5. stevegee58

    Spydertrader's Jack Hershey Equities Journal II

    CHAP came up as a candidate for the final universe in last night's scan. symbol,earnings,yahoo float,msn float,avg volume CHAP,6.638,20005000,22691800,1030040 Earnings, float and volume all look good. If anyone else could double-check with their own favorite data source I'd appreciate...
  6. stevegee58

    Playing The Forex Boom

    Hey that's a good idea. I'll start selling Forex amulets on e-bay! They'll be like little $$$ blings!
  7. stevegee58

    Playing The Forex Boom

    Dudes listen to the original poster. Do what Levi did. Don't actually *trade* forex, just sell things to those who do: 1) Courses 2) Signals 3) E-books 4) Newsletters
  8. stevegee58

    Spot Forex Spread/Hedge

    At Oanda you can size the positions to anything, so there isn't any of this lots, mini-lots, micro-lots, etc nonsense. Getting the positions so that they're exactly the same pip weight is very easy at Oanda. BTW, I have done some experimenting with EURUSD/USDCHF spreading techniques. But...
  9. stevegee58

    My First Trade! - STP - Advice?

    When it hits 32, sell 1/2 and move the stop to BE.
  10. stevegee58

    List of good stocks to daytrade?

    If you have IB, use the market scanner screen. You can find all sorts of good high volatility opportunities every morning this way.
  11. stevegee58

    Spydertrader's Jack Hershey Equities Journal II

    Hey Jakey, how'd you choose BUCY? I did a quick check on my screener page on IB for "Top % Gainers" and it was on that list. I don't normally use that scanner because it can be a bit of a "grab bag".
  12. stevegee58

    Spydertrader's Jack Hershey Equities Journal II

    They do have nice price improvement, but their volumes are anemic at best. At this point of the day they should at least be at about 55-58% of average daily volume. They're both at around 32% at this moment...
  13. stevegee58

    50% Annual Returns

    I have no objection to what the original poster is doing, but in the interest of full disclosure, his web site is: http://alphastocks.com/ It's a free site but hints at going pay in the future. top10stockcom is a competitor.
  14. stevegee58

    Top10Stock Journal

    I have no objection to what the original poster is doing, but in the interest of full disclosure, his web site is: http://top10stock.com/ It's a pay site with a trial period.
  15. stevegee58

    gold on your front lawn

    Yeah, I was gonna say if it comes to *that*, brass is way more valuable than gold. If ya know what I mean.
  16. stevegee58

    Spydertrader's Jack Hershey Equities Journal II

    This is a bit off-topic but still interesting, I think. I read somewhere in a past Hershey thread about "throwing darts" at the final universe or maybe the stocktables.com top stocks. In other words, someone was wondering if you couldn't just buy, say, the best 10 or 20 and hold them until...
  17. stevegee58

    Spydertrader's Jack Hershey Equities Journal II

    Volume isn't where it needs to be but I've seen afternoon turn-arounds before. I allocate 20% of my capital to each position with a 2% initial stop on each position. If my stop's hit, "aint' no thang" I'm going to leave it lie until EOD
  18. stevegee58

    Spydertrader's Jack Hershey Equities Journal II

    I use the volume alerts, but I changed the default setting for "trigger if crossed" to OFF. I had some reliability problems as well and this seemed to fix it.
  19. stevegee58

    Spydertrader's Jack Hershey Equities Journal II

    Did I mention I'm dyslexic? :cool:
  20. stevegee58

    Spydertrader's Jack Hershey Equities Journal II

    MIKR threw a LBDU signal this morning, but I don't like it because it's near the top of its descending top trend channel.
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