Again, with the usual disclaimer here, this is just how I do it because my mind sees patterns better when looking at relative value vs absolute value so I try to normalize data as much as possible. This might not work well for others. So just play around with it.
The ACD Method
- Thread starter sbrowne126
- Start date
Again, with the usual disclaimer here, this is just how I do it because my mind sees patterns better when looking at relative value vs absolute value so I try to normalize data as much as possible. This might not work well for others. So just play around with it.
X up a lousy 2.25% today. This keeps up I'm out of this pig.
Now a serious question. Earnings are 10/28 and I'd bet a good buck they post another loss as they have in Q1 and Q2. You have a year end target, so I'm assuming you'd be holding this right through earnings, assuming it continues to meet your ACD criteria along the way. How does holding a position through an event like this impact your decision making to stay, or not stay in the position? Or does the event have no bearing at all using this method?
Now a serious question. Earnings are 10/28 and I'd bet a good buck they post another loss as they have in Q1 and Q2. You have a year end target, so I'm assuming you'd be holding this right through earnings, assuming it continues to meet your ACD criteria along the way. How does holding a position through an event like this impact your decision making to stay, or not stay in the position? Or does the event have no bearing at all using this method?50 Stocks
20 to 30 ETF's
10 FX pairs
Commodities (S&P, Gold, Silver, Oil, Nat Gas, Bonds, Copper, Gasoline, Heating Oil, Brent)
Stock list is expanding gradually.
Quote from CaptainObvious:
X up a lousy 2.25% today. This keeps up I'm out of this pig.
Well, I get very involved with the options. So depending on a lot of factors, I'll sell some calls into the report. When we get big moves regardless I'm usually selling premium into the move since I'm already long DITM calls. This allows me to stay with a position longer. Of course X could make a monthly A down in OCT that would take me out,it could hit the target pre-maturely, one of my number lines could get negative, a lot can happen between now and then.
This stock is very strong now but that could change tomorrow or next week or next month. There are just a lot variables. And since I have a lot of positions it could depend on what my other exposure is.
S&P up 3% since call, X up 20% since call. Can I start celebrating yet?
We pretty much hit the QTR Target today, or got close enough for me to flatten the position a little selling some premium. I was not expecting a 20% move in 7 days so we need to consolidate a little here.
Here were my comments on AAPL on 9/7. Sure enough, we are testing the monthly A down. The critical piece on the above comments is the word "if". I would NOT buy AAPL here if we confirm on the monthly A down. That means we need to get backup above 474 tomorrow. If this level holds, you have a tight stop entry. If it does not hold, move on to something else. As Fisher likes to say....NEXT!
Is this really ideal for asian/us pairs where there's more volatility at the docile market opening? What do you think about keeping two number lines for each open and only taking a signal when they both confirm, too messy? I wish I had the time to keep track of currency pairs, I'm currently keeping track of 15 etfs, 30 stocks, and some futures myself and the process can take up to two hours each night.
PS great call
Quote from DT3:
Is this really ideal for asian/us pairs where there's more volatility at the docile market opening? What do you think about keeping two number lines for each open and only taking a signal when they both confirm, too messy? I wish I had the time to keep track of currency pairs, I'm currently keeping track of 15 etfs, 30 stocks, and some futures myself and the process can take up to two hours each night.
PS great call
I personally have noticed volatility to be higher in the London session for ALL pairs more often then not. You can try having different number lines but I do think it will get messy and it makes it hard to compare apples to apples.