gamblerKi's Jack Hershey PVT Journal
- Thread starter gamblerKi
- Start date
Did you follow the standard procedure to come up with your daily hot list or did you deviate somehow?
Were those the stocks with the "highest Rank"? Some, at least visually don't seem to fullfil the requirement for x cycles of y percent moves in the past 6 month. You know what I mean?
When you chose to trade one of the stocks from your hotlist do you follow the criteria/instructions on the one pager?
From your hotlist do you already have the stocks prepared in a batting order for the next day?
I can not help you but your answers could allow others to guide you further.
Were those the stocks with the "highest Rank"? Some, at least visually don't seem to fullfil the requirement for x cycles of y percent moves in the past 6 month. You know what I mean?
When you chose to trade one of the stocks from your hotlist do you follow the criteria/instructions on the one pager?
From your hotlist do you already have the stocks prepared in a batting order for the next day?
I can not help you but your answers could allow others to guide you further.
Quote from gamblerKi:
Currently, the Sharpe ratio is 3.2.
Great work so far! I trade intermediate term stocks a la CANSLIM. Wishing you continued success.
Are you using the 5,2,3 stoch out of DU as your entry signal?....if not, what are you basing trades on?
Jack and Spyder universe filtering criteria were slightly different. I don't know what the standard procedure refers.
Here is the filtering criteria I used to get the universe:
1. 10 <= Px <=50
2. 5M <= float <= 60M
3. avg 65-day vol >= 200k
4. RS percentile >= 75
Then I monitor the stocks with rank (5 moves of 20% within 6 months). My trading method is slightly different from Jack's but is based on Jack's MACD, fast stoch and slow stoch method. I also used the Unusual Volume Correlation Table (is it the one pager you mentioned in the post?)
As I am just doing the simulated trading, I haven't worked on the batting order yet. I only allocate $2,000 for each trade.