TheRumpledOne 6,529 posts msg #67201 - Ignore TheRumpledOne |
9/12/2008 1:46:26 AM
Funny, you are using the FADE THE GAP technique on RUN FOREST, RUN stocks.
I find it very interesting that some people can't see the merit in this time tested method until others give it their "blessing". I guess there are shepherds and there are SHEEP!
I'M A WOLF!
|
mystiq 650 posts msg #67204 - Ignore mystiq |
9/12/2008 4:46:21 AM
jp-
...do you think this can work with options on ABK or RDN ?
|
maxreturn 745 posts msg #67221 - Ignore maxreturn modified |
9/12/2008 10:47:21 AM
TRO....Although I'm doing quite well with my swing trading strategy (due to day job) I've had my eye on this and other threads for a while because I was intrigued by the concept of allocating a portion of my portfolio into a high probability day trading method to rapidly compound gains. However, up until I saw JP's post I really hadn't drilled down into the postings to get into the nitty gritty of entry and exit. What prompted me to do so is that he is one of the few posters here I really respect because he has not only documented many of his trades (and seems to be quite successful) but he also conducts himself in a cordial, professional manner. If thoroughly investigating a method and seeking clarity before jumping in with both feet qualifies me as a sheep, so be it.
|
johnpaulca 12,036 posts msg #67222 - Ignore johnpaulca |
9/12/2008 10:58:11 AM
Max...you're a class act bro...thanks for the kind words...you must be Canadian (-:
|
maxreturn 745 posts msg #67224 - Ignore maxreturn |
9/12/2008 11:07:00 AM
JP....I guess you could say I'm 75% Canadian. I'm don't live in Canada but: 1) I'm a Michigander (close eh?) 2) I love hockey (GO WINGS!) 3) I love canadian beer. Have a great weekend!
|
chetron 2,817 posts msg #67227 - Ignore chetron |
9/12/2008 11:16:50 AM
I GUESS THAT LEAVE JP AS THE SHEPARD????????? LOL.
|
johnpaulca 12,036 posts msg #67230 - Ignore johnpaulca |
9/12/2008 11:49:46 AM
Go wolverines....You guys have a super weekend...eh...I am done for the day.
|
tmaugham 115 posts msg #67473 - Ignore tmaugham |
9/18/2008 9:36:44 PM
TRO, when dealing with your lactating bovines, do you consider or use the early and late market hours or just the regular 9:30-4:00 (EST) hours?
Thanks,
Tom
|
TheRumpledOne 6,529 posts msg #67474 - Ignore TheRumpledOne |
9/18/2008 9:43:09 PM
REGULAR HOURS.
That's what I run the stats on.
|
tmaugham 115 posts msg #67528 - Ignore tmaugham |
9/19/2008 4:58:31 PM
TRO:
I am doing reasonable well with your RFR filter (RDN has been quite good to me, thank you very much) and am now trying to understand fading the gap. i looked at AAPL today and am a bit confused as to how this one shoud have been played. From what I can see AAPL closed yesterday at about 134 and opened today gapped up at about 142. According to your FTG rules this is a candidate for a short which could have been entered within the first minute of the trade. But it seems that the downward trend almost immediately reversed and again according to your FTG rules (if I understand them correctly) you would have exited the position. Is all this correct or am I missing something?
Thanks for all your help and especially your great patience!
Tom
|