Boolean algebra inside.

Quote from TheMagican:

Yo, Frenchy!:D

No,imagine dropping all this hershey crap and just start trading by using common sense.You`d have been amazed on how things actually went.
More...

Proof it!!! :D

Give me an example of trading using "common sense".

Which instrument should I trade? If stock, how do I chose the right one?
Once I have the "right one", how do I know if I should enter long or short and when? When do I reverse? :)
 
Quote from frenchfry:

Proof it!!! :D

Give me an example of trading using "common sense".


Sure.

Only for you,exclusively,as i think Jack "Damon Kilian" Hershey will never appear with the promised ticket!We don't lie - lie - lie...

:D

Meanwhile,here is the prove in the full bloom:

http://en.wikipedia.org/wiki/Dow_theory

Just use the 6 tenets and trade whatever you want.I`m just only with good intentions,as i`m tired to see you wasting your precious time.
More...
 
french fry:

PVT has a one pager.

To use it you need to select the Universe. I gave you a filter. It yields about 100 to 125 stocks. I have posted the filter elements and such lists for you.

Also to get acquainted with the stocks you filter, you can use the initial analysis sheet (IAS) This gives you a rank.

Most people put their stock lists on Excel and have columns for buy and sell dates on their owned and hot lists.

The ranks you are reading from MB are done as you used to do them with the IAS. I keep folders on stocks as do most people.

To make it simple, I wrote up how using appropriate stocks to make money works. This write up was a transcription of a meeting in Tucson. I added the pics of the powerpoint I prepared for the meeting. The transcript and the video (Camtasia) have been available since a week or so after the meeting. The Title commonly used is "Putting the Pieces Together" The date is 22JUN06.

My guess is that there were people from all over at the meeting. also Tucson people had formed 7 local groups from around town.

Since more and more computtional power is available I deployed available calculators to add a column to the Universe list called Final Rank. The expression has been posted in ET. When you get the Universe from the filter it has a lot of columns including the final rank.

The IAS rank and the Final Rank are different number ranges but the rank turns out to be highly corrolated.

The Magician continuous bullshittting is his mental condition described in Schoek on pages 226, etc under the chapter suheading Envy -Indignation.

With respect to Dow and the WIKIpedia level of thinking, you can see it is just a committee effort to put down facts.

trading works otherwise. trading is a process. "Putting the Pieces Together" has been suggested to you a few times. In fact, I suggested using the 77 pages day by day for a few weeks.

there are illustrations in it. To get you to begin working I suggest that you do the sunday drill and post it here tomorrow so I can correct it for you and then by Sunday you will be set for next Monday to go through trading what you own and what is on your batting order.

MB has given you his stocks. Put them in a batting order by tomorrow. Do the IAS on each and post each by tomorrow.

With regard to the MACD and STOCHS. Add those to your daily charts and 30 minute charts and post each of those charts. Do each chart posting with your drawn lines on price for the IAS valuations so I can annotate the signals from the MACD and STCHS if you do not undrstand how the defaults and signals are generated in conjunction with price and volume.

Put you panes from top to bottom in this order:

Price
Volume
MACD
Slow STOCH
and Fast STOCH

You can keep posting all your work for a few years and you will see it come into line with making money. you can skjip the prints of your trading account. Let magician go through proving you are not making money. Most of ET is devoted to proving negatives (see marketsufer's misunderstanding of how logic proofs work)

As you read "Putting the Pieces Together" you can see and understand the substitute method in PVT for losing money called the wash trade.
 
Quote from frenchfry:

Let me first ask you some questions:

How do you compute the Rank?
Where is your PVAD score in this process and what do you do with it?

In this thread Jack has not yet brought up the subject of MACD and Stoch. Also in the "One pager" there is no reference to it. Your process sounds familiar and I think Spyder's TN filter does everything and only spits out this one or few stocks per day which fulfill all criteria.

Like before I would prefer if Jack as the "final authority" of his method gives you his answers and point of view. Jack, please help.
More...

Hi frenchfry,

I decoded both the PVAD score and rank calculation from Spyder's wealth lab code.

Here is the wealth lab code:

http://www.elitetrader.com/vb/attachment.php?postid=1105312

Although I calculated the PVAD score, I didn't use them. When I read Spyder's equity journals, they used MACD and Stoch to enter trade.
 
Quote from BenzMercedesSL:

I am working on PVT too. I used the following criteria to get the universe:

My criteria:
1. 10 <= Px <= 50
2. 5,000,000 <= outstanding shares <= 60,000,000
3. average 65 days vol >= 200,000
4. RS percentile >= 75 where RS = (Close - Close.240)/Close * 100

My universe contains around 170 stocks.

...skip...
More...

Here is my universe generated on 1 Mar 2013.
 

Attachments

Quote from BenzMercedesSL:

Here is my universe generated on 1 Mar 2013.
More...

Here is a comparison between your universe and mine based on Jack's filter criteria.

I added a third column where I changed Jack's float criteria to only show those stocks with a float of at least 5.000.000 and max. 60.000.000. The TradeSense criteria looks like this: (Common Shares > 5000000) And (Common Shares < 60000000).

As you have shown before somehow this expression "5000000 < Common Shares < 60000000" doesn't limit the float to 60.000.000 in TN. Bug? Wrong expression?
 

Attachments

Quote from jack hershey:

...

MB has given you his stocks. Put them in a batting order by tomorrow. Do the IAS on each and post each by tomorrow.

....
More...

"Battting order" and IAS in one Excel book containing all sheets.

Question: How do you decide which stocks will be your number 1 batters (and subsequent members) in the team?

I simply chose the ones with the highest Rank from the IAS sheets.
 

Attachments

Quote from jack hershey:

...

With regard to the MACD and STOCHS. Add those to your daily charts and 30 minute charts and post each of those charts. Do each chart posting with your drawn lines on price for the IAS valuations so I can annotate the signals from the MACD and STCHS if you do not undrstand how the defaults and signals are generated in conjunction with price and volume.

Put you panes from top to bottom in this order:

Price
Volume
MACD
Slow STOCH
and Fast STOCH

...
More...

The charts...

DDD
 

Attachments

You must log in or register to reply here.
Back
Top