Doug's Little Stocks

Tuesday 9/2:

Got the computer back on Saturday, and a new one being built by a local shop. The new one will be ready Thursday.

Today, not much happening. Mainly, opening positions but there were a few trades:

4 wins for $130
4 losers for -$200
Net $-70.

There are 24 open trades.

DS
 
Weds 9/3:

Getting back to normal, things looked good today:

10 Winners $1500
9 Losers -$460

Net $1040

My new computer should be ready tomorrow and I am hoping it sets up with no problems.

Specs: AMD 3gig

2 gig DDR RAM

2 120g hard drives
128meg ati video card

Should run a lot faster than the 1gig pentium 3 system I am now using.



DS
 
I do hold positions overnight. Winning positions average around 20 bars (I use mostly 60 minute and 30 minute bars) and I do open and close positions during the day. I typically have about 20 trades a day. Losing positions average around 10 bars.

DS
 
Thursday, 9/4

Sort of a quiet back and forth not much happening kind of day.

6 Wins $710
9 losers -$590

Net +$120

DS
 
Friday, 9/5:

Today was like the saying goes, "a waste of a clean shirt."

10 wins $700
12 losses -$720

All day at the computer to lose $20. I shoulda played golf. Nice weather from the north is finally filtering our way here in Houston.

DS
 
Monday: 9/8/2003

A fairly nice day for the markets.

Wins 8 for $780
Losses 4 for -$100

Net $680

Got my new computer running today and it is much much better than the old one.

DS
 
Quote from dougcs:

Winning positions average around 20 bars .... Losing positions average around 10 bars.

DS
More...

What do you mean by "20 bars" and "10 bars"?
 
Do you optimize the individual parameters for each stock traded?
If not do you then apply the exact same system across all the stocks in your "trading portfolio"?

I imagine what gives this strategy an edge is the fact that you hold overnight, would that be fair to say? Or would you still have an edge if you were to liquidate everything at EOD?

Thanks in advance for your response and continued good luck with your system.

Indextrader
 
Quote from reg:



What do you mean by "20 bars" and "10 bars"?
More...

For stocks that I use 1 hour bars for, it means I hold around 20 market hours, or roughly 3.0 days. If I use 30 minute bars, then the average hold time is 10 hours or roughly 1.5 days.

DS
 
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