graftonian
1,089 posts
msg #128955
- Ignore graftonian |
6/6/2016 12:34:40 PM
It still is a good filter. I've been using it for 3 months with about the same sucess rate. I wonder how many others are using it I have modified TROs filter by adding some momentum confirmations. This weeks choice, ECR is up 10% as I write, with a very close stop (15 minute PSAR).
TRO, thanks for the concept.
|
snappyfrog
749 posts
msg #130569
- Ignore snappyfrog |
8/25/2016 11:36:04 AM
Graftonian, what type of momentum are you looking at, EMA? I work, so I can only check my picks about once per hour; therefore, I can't watch 1 or 5 min charts and have to take profits when possible. I sometimes miss some big gains, but I am happy getting 5% average gains each week per stock. In another year or so, when I can do this full time, I will try watching momentum more closely also.
|
TheRumpledOne
6,529 posts
msg #130618
- Ignore TheRumpledOne |
8/26/2016 9:32:21 PM
Glad someone is finding my work profitable.
|
snappyfrog
749 posts
msg #131093
- Ignore snappyfrog |
9/11/2016 8:09:57 PM
TRO, I have read most of your posts throughout SF and I decided to concentrate on just one that worked very well on paper trades. This is the one I have settled on and no longer chasing the "perfect" filter. I think 80+ % since the first of the year is as PERFECT as they come. TRO you are the best. Thanks thousands and thousands......
|
matt
15 posts
msg #132646
- Ignore matt |
11/21/2016 12:56:16 AM
Snappy, are you still using this and is it the original one from the first page or the modified on on page 8 or 9?
|
compound_gains
225 posts
msg #132653
- Ignore compound_gains |
11/21/2016 9:40:59 AM
By my calculation, trading the top listed stock each week has a 57% success rate YTD and a return on capital of -28%. This is based on the original long only filter on page 1 and doesn't factor in slippage or commissions. Maybe a basket of stocks (top 3, 4 or 5), using the short filter as well, or some heavy duty filter tweaking produces better results. Don't know. Or maybe my calculations are just wrong, but I did a manual weekly check, so I don't think I'd be that far off something that's producing a profit.
https://www.dropbox.com/s/60aqafhdwap4drx/5%25%20WEEKLY%20YTD%202016.xlsx?dl=0
|
scribbles
6 posts
msg #132690
- Ignore scribbles
modified |
11/22/2016 8:56:20 AM
Can anyone point me towards the post from either the originator or updater of this filter that states categorically all trades must be entered blindly without following up with your own due diligence?
If that exists, then its poor advice, if not and that's what you expect to get out of a filter, then laziness has(or will at some point) lost you money.
|
Kevin_in_GA
4,599 posts
msg #132696
- Ignore Kevin_in_GA |
11/22/2016 10:12:09 AM
Can anyone point me towards the post from either the originator or updater of this filter that states categorically all trades must be entered blindly without following up with your own due diligence?
No such advice was ever given - this is a statistics based filter strategy developed by TRO and modified by me. No one should ever blindly trade as you are suggesting.
This is at its heart a volatility strategy that relies on positive momentum. That is a transitory state for most stocks so caution is always advised.
|
scribbles
6 posts
msg #132698
- Ignore scribbles |
11/22/2016 10:57:35 AM
Fully agree, there seems to be some disgruntlement at the minute regarding filters, but criticism never seems to factor in the above.
|
snappyfrog
749 posts
msg #133457
- Ignore snappyfrog |
1/1/2017 1:17:01 PM
Just got back from a Christmas cruise we paid for by using this filter. It does work and yes you need to do some work on your own, not just take the top 5 picks, but this has been very profitable for me this year. I will do more charts and due diligence to see if I can do even better in 2017.
I am VERY happy with my results of making 236% last year (profits reinvested).
|