Earnings Trading Algorithm For Sale

Quote from Etrade18:

As my first post states you can watch the frontend trade live....

My only interest was in your ploy. I don't day-trade and it's not my product. It's so great that you're not willing to produce a few tickers for public scrutiny.
 
when market sentiment is bullish-stocks go up regardless. opposite for bear. same shit applies for stocks that gaps on open(and they do that on news mostly..earnings included)..so OP might have some winning streak for sometime(assuming he is legit trader(which i doubt) but i doubt it will last long enough...
 
Quote from Etrade18:

Now not every stock during earnings works on this algorithm. I can tell you that STI is 0 for 7 when it gets a signal thus its on my omit list. I can tell you taht spg is my biggest winner when it gets a signal during earnings. Then its apa, aci, x , sndk

symbol pnl trades win WIn percent
SPG 38,307 9 7 78%
APA 28,020 10 7 70%
ACI 27,888 10 7 70%
X 26,900 10 9 90%
SNDK 26,710 8 6 75%
OCR 25,029 8 6 75%
STT 24,970 9 7 78%
WDC 24,744 8 5 63%
ANR 23,327 11 7 64%
MMM 23,166 9 7 78%
AMZN 23,149 10 6 60%
GS 22,891 10 6 60%

You don't omit individual stocks based on historical performance, only HFT guys might do that as they have tens of thousands of trades in their test sample. An algo like yours should work on the whole market or at least on a major indice.
Everyone has tried making lists like that at some point, in reality it just doesn't work - it's a good example of (bad) curve fitting.
You mentioned 3 years worth of backtests, purposefully ignoring 2008 which was the real test.
Anyway, I guess you're selling because you got tired of money, amirite? :D
 
Quote from Etrade18:

]..trades only stocks that have earnings.

Only stocks that HAVE earnings? Or that REPORT earnings?

If the former, how do you define HAVE earnings? Must a stock have positive earnings prior to reporting to be on your list?
 
I am not selling algo anymore. Stocks that come out with earnings that day and the night before. I dont analyze the report just get signal by the way the stock trades. I have an omit list because some stocks are not tradeable due to volume and really dont work with algo. If they become profitable I will remove them from the list.
 
lets all stop dicking around.

post up a live link

nobody wants to call coastal and yak to a retail jock.

post it or zip it.

i hate retail.

s



:cool:
 
Not selling it anymore. Was just seeing if there is a market for it and if I got right price would sell. Always got the same question if it makes money why sell it. And then the doubtors come in. The algo only trades stock that have earnings that day. Only way I think trader has an edge. And with computer its even better for me bc my emotions don't get involved.
 
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