Hershey's Equity thread

Status
Not open for further replies.
Hope this is right.

Here is a spreadsheet with the top 5 stocks that are in both mine and Mozs list for the daily report, as per the document Jack posted for typing up. The first 5 in the sheet are matches from my own and Mozs list..the 5 below the black line come from my list only.

I havent filled in any data yet bar the stock symbols.
 

Attachments

Quote from gms:

Thank you, concise one. Here's a question: I notice on your assessment sheet (SGMA) that you use the closing price for the peaks, not the high price. Is that the recommended procedure?

Also, as I don't have amibroker or any neato keno charting software, except QT and online at Wealth-lab, any recommendations for working on how to find 20% cyclical movement?
More...

we all use a free website.

It is named clearstation.com.

You set up three portfolios there for about 100 reasons. One of them is to "bulk". While you bulk you pencil in a load of information. This leads to ranks. Ranks lead to prioritization.

If you cannot find the 5, 20% cycles on a stock, you may be in trouble.
 
Hi,

At the risk of sowing confusion, but in the hope that perhaps
it helps somewhat, here is the last summary of the equity
methodology that I wrote up some time ago.

My intention is to revise it further. So, if you have some content
you think should be in it, by all means please send it my way for
incorporation. Likewise for other edits.

I basically use this setup. I don't yet make the 10% every
2 weeks, though to be fair that pretty often relates to my
exiting too soon plus a big dose of sometimes overstaying my
welcome due to greed...

No guarantees, use at your own risk etc. etc.
--
Jerome
 
Quote from izeickl:



A Q if you will.

The DU, FRV, and peak volumes, is this for each cycle of the stocks we have "hot listed"? Or is this only for the days monitoring? Or both, do we do a comparison on the previous cycles with each day we are monitoring?
More...

You make a best guess for what is on the chart.

Sometimes after a C&H, the volume range changes. This is because the corporation has changed stages of growth. Think of a snake shedding. All corps start small. we are just making money every once in a while on each as they grow over the years.

Inandlong makes money slowly because he goes in "heavy". We do not. We make money fast and we go in "very very very heavy". He has a water pistol and we have water cannons.
 
I don't need to exit one trade to enter another. I don't need to trade every 6-8 days. But I can explain any strategy I use, and have done so, in 1-2 pages. And the readers aren't left with having to reread my posts time and time again to understand them.

And trust me, it doesn't take all these pages to describe how to trade the cup and handle, or how to find them.
 
Quote from jack hershey:
we all use a free website.
It is named clearstation.com
If you cannot find the 5, 20% cycles on a stock, you may be in trouble.
More...
Then maybe I'm in trouble.
I do have the 3 lists at clearstation since last friday. I've seen the bulk graphs they produce. I don't see prices high or low.

Some members have posted they did this cycle calculation work on Qcharts, others on Amibroker. Haven't read anything about doing the cycles on clearstation -until now. Is there an interactive screening process, some setting for example I've overlooked or do not know about? Or should I just peruse a chart by eye, pick a starting point at random, go to another site to find its high or low, count back 6 days, note the highs and lows, count forward 6 days, note those highs and lows, and do that for every day in the 6 month chart? What do you suggest for someone like me who is dropping the ball, misunderstanding, in trouble and yet will be the prologue in your 'Guidebook for the ES'?
 
Quote from jack hershey:



Inandlong makes money slowly because he goes in "heavy". We do not. We make money fast and we go in "very very very heavy". He has a water pistol and we have water cannons.
More...

Ha, that's funny Jack. The fact of the matter is that you have yet to make a dime here at ET.

I thought the comments from dkm, who has used your methodology in the past were very insightful:

[/i]The first few weeks were profitable, but the market did happen to be in a bear rally. We "started over" for a second run in May (P&L new) and the results were very disappointing. [/QUOTE]
 
post ONE water cannon equity trade this week (or next) that you are entering... that most of us can understand (even those of us like me who are Hershey-challenged).... and then, post the results of that ONE trade... in a clear and concise fashion thereafter, with a concise critique. Thanks!

Uh..... unless that is too hard to do. Is it?

ONE trade??!!!

Hope not. :eek:

Regards,

Ice
:cool:

p.s. I will leave you alone now... to continue your "teaching"???
 
Quote from gms:


Some members have posted they did this cycle calculation work on Qcharts, others on Amibroker. Haven't read anything about doing the cycles on clearstation -until now. Is there an interactive screening process, some setting for example I've overlooked or do not know about? Or should I just peruse a chart by eye, pick a starting point at random, go to another site to find its high or low, count back 6 days, note the highs and lows, count forward 6 days, note those highs and lows, and do that for every day in the 6 month chart? What do you suggest for someone like me who is dropping the ball, misunderstanding, in trouble and yet will be the prologue in your 'Guidebook for the ES'?
More...
I'm not using Qcharts or Amibroker either to identify the cycles. I just look at the daily chart going back 6 months and do as you said. I count 6-8 days back from a top or 6-8 days up from a bottom. It doesn't take as long as it sounds. Each chart takes me about 5-10 minutes. If a stock has more than 5 cycles in a 6-month period I just use the most recent cycles.
 
Status
Not open for further replies.
Back
Top