Spydertrader's Jack Hershey Equities Journal II

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Quote from MrBlue999:

I believe once a month Spyder goes through the list and see if the stock produces a score using the wealth-lab scripts. If it fails to produce a score, the stock is removed.

Can any more detail be added to this process? Is this something I can do using one of the Wealth-Lab scripts? If the answer to my question resides elsewhere on this site, a link will suffice, or at the very least, relevant search terms...LOL
 
Quote from mrpace:

Can any more detail be added to this process?

I currently have CKCM listed as the only stock within my Final Universe which has failed to maintain its rank. Should CKCM fail to reacquire a rank before the end of this month, I plan to remove it from The Final Universe. You can locate significantly greater detail regarding this process among the many pages located here. When running the Hershey Equities Rank v. 3.0.0 Chart Script, rank for an equity is printed in the upper left hand corner of the price window.

- Spydertrader
 
Quote from Spydertrader:

When price started to move higher on CMCO, I entered into a position and received a fill price of $22.07 USD. I plan to hold these shares for a few days to see what happens.

I continue to hold CMCO from the $22.07 price point.

- Spydertrader
 
Just got out of VDSI at $10.12 after entering yesterday at $9.15. Made my 10% + and exited. Stock continues to go higher though, wonder if I should have held on for more?

Still paper trading right now.
 
Quote from bdolnik:

Just got out of VDSI at $10.12 after entering yesterday at $9.15. Made my 10% + and exited. Stock continues to go higher though, wonder if I should have held on for more?

Nice trade, bdolnik. Keep up the great work. When deciding to hold or exit after reaching a 10% gain, I often look at volume to see if it continues to increase. If so, I tighten up my stops and allow price to run a bit more. In addition, drawing in the trendlines like Nwbprop used to do (see the first HANS [2004-10-01] trade in the old Journal), lets you know if the stock still has some room to run or has the potential for a reverse.
Again, great trade.

- Spydertrader
 
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