| StockFetcher Forums · General Discussion · BEHOLD THE HOLY GRAIL | << 1 ... 5 6 7 8 9 ... 14 >>Post Follow-up |
| boston 58 posts msg #145818 - Ignore boston |
1/1/2019 2:28:18 PM Well I have been playing around with this filter but there is not a lot of hits so you will have to wait awhile sometimes for hits on filter. Can't say it'll hit 95% ,all though you don't buy at close and hold overnight, can't tell what will happen overnight. Nothing fancy more for you'll day traders and seeing that I still work I can't watch it unless the weather is bad and don't work that day. So I was thinking of using it to sell weekly cash secured puts on the ones that pop up on screen instead of buying stock and selling at close. The problem that I would have is you would buy when it crosses above the buy point and I am at work then that is why I was thinking about the cash secured puts |
| Eman93 4,750 posts msg #145822 - Ignore Eman93 |
1/2/2019 7:22:28 AM K, I posted that my method was similar and I was posting how I do it, I said I use the same type of signal RSI, I short the market by going long 3x inv etfs. and put stops below the swing low? You asked the question. insert here funny meme of person slapping forehead... |
| KSK8 561 posts msg #145823 - Ignore KSK8 |
1/2/2019 10:32:37 AM Eman93, My mistake, I jumped to conclusions. |
| nibor100 1,099 posts msg #145828 - Ignore nibor100 |
1/2/2019 2:15:45 PM During football games yesterday I kludged up a couple of SF filters to do some easier historical exploring of KSK8's updated filter, for the past 2 years of SF data. Some observations: a. Still not getting 95% winners. For last trading year/252 days: 46 losing trades and 136 winning trades for about 75% winners and very near the same results for the prior trading year/252 days: 47 losing trades and 124 winners for about 72% winners. b. I noticed there are many days where there are no trades signalled with that filter c. I found 1 date, 9/20/18 that had 4 losing trades with largest loser at -38.2%; and another date with 10 winning trades, 10/19/18, with 2 gains of 32%, and 2 >20% , and 2 >10% and 1 at 0%. There are also many stocks that are signaled on more than one date historically. d. Based on c. it seems that whether or not the win rate is 95% or some other percentage, it is probably harder for many of us to realize those winning percentages without diluting how much capital we place in many of the trades, in the instances there are multiple signals on one date. I should be able to delve into about 2 more years of SF history data this evening and I'll report back those results along with my kludged history checking filters if anyone is interested in using them. These filters enable one to select a range of profit % gains or losses or both, such as how many stocks had gains greater than 20% or how many had losses between -5% and -10%, etc. Ed S. |
| shillllihs 6,101 posts msg #145829 - Ignore shillllihs |
1/2/2019 2:28:03 PM Not to mention the near 110% spike on March 2nd of INNT and 50% spike today. A few surprises await after that game of golf. Yeah... |
| KSK8 561 posts msg #145833 - Ignore KSK8 modified |
1/2/2019 5:22:32 PM Well Nibor, I'm glad to see you aren't screwing around anymore and deciding to take this serious. Good. So.. fair points, but I disagree on most of them. 14 years of data suggest to me different. You are only entailing a portion of this filter's existence. How about you inform us all about how profitable it is overtime! So Nibor, display me the results of a backtest encompassing a 10 year interval that includes over 967 trades that yield contradicting results to my claims and you will have defeated my entire exposition and assessment of this filter. And while you're at it Nibor, how about you answer me this please; Is this not one of the most profitable mechanical strategies on stockfetcher? Does this not outperform each month? Is this filter not inevitable to profit? So go ahead and conduct your further investigating into my current filter and let me know what ensues. Regardless, it is making me an absolute fortune and I haven't fallen victim to any margin calls as so many of you jump to conclude. ----------------- As for YOU Shillllihs, I hate to get my blood boiling but.... you clearly didn't read my last reply to you; YOU SHORT AT THE F**KING OPEN. NOT BEFORE THE DAY'S CLOSE. Short at the open and you would not have run into those scenarios you carelessly mentioned. It grinds my gears everytime I am forced to repeat that. So PLEASE read this time! Below are a select list of eye physician companies that may be able to help. I am not picking on you Shillllihs, I sincerely believe you are undergoing a problem reading. It is none of my business with what you may or may not have in terms of a disability, but I strongly advise you to explore these links. https://www.visionworks.com/ http://eyecare-partners.com/ https://www.givingsight.org https://www.eyedr.com/ https://www.pearlevision.com |
| shillllihs 6,101 posts msg #145834 - Ignore shillllihs |
1/2/2019 5:51:29 PM Should I be shorting the open or the Fukin open? March 2nd was up big from the open. March 5th went from 10.76 at the open to 21. Ok. |
| KSK8 561 posts msg #145837 - Ignore KSK8 modified |
1/2/2019 6:05:12 PM On page 6 I said this; Avoid playing a candidate that had its price driven by a catalyst such as a biotech fda approval or a reverse split, the next day will either be whipsaw or the chance of a higher high. The catalyst WAS a 1/10 reverse stock split! |
| shillllihs 6,101 posts msg #145838 - Ignore shillllihs |
1/2/2019 6:29:00 PM I guess I didn’t get around to page 6, got to watch out for those land mines when plunking down 200k to short penny stocks before I go play golf in the snow. |
| nibor100 1,099 posts msg #145840 - Ignore nibor100 |
1/2/2019 7:56:27 PM @ksk8, 1. I'm unaware of any method to backtest a filter for 10 years on SF, so for now I'm assessing the historical results of your filter on SF and the SF universe of stocks as this is universe where your filter is being promoted for use. Also most people who believe in backtesting generally have more confidence in recent years performances 2. I have little doubt that your filter will generate an overall profit. What initially started me into this investigation was your first post, in your 'Attention Everyone' topic making this seemingly outlandish claim: "lets me run the scan button and it gives me a stock that has a 95% chance of making a big profit the next day" 3. To answer one of your questions: currently your filter is not one of the most " most profitable mechanical strategies on stockfetcher?' Primarily, because in my view your filter has not achieved mechanical status yet, due to the few non filter criteria that you outlined in your post on page 6: a. Rule 6. (which could be made part of the filter) and the 2 rules in the unnumbered first sentence under "Other": b. Avoid playing a candidate that had its price driven by a catalyst such as a biotech fda approval or c. Avoid playing a candidate that had its price driven by a reverse split The rule in b.above, is an especially alarming non-mechanical rule, due to the nature of the myriad decisions to made by each of us regarding "a catalyst such as" . What are these other catalysts?? 4. Why don't you reveal the source/platform of the 14 year backtest supporting the 95% and the algorithm that was actually backtested, so we can research it further? Don't worry about me stopping my analysis, I'm very patient and curious, Ed S. |
| StockFetcher Forums · General Discussion · BEHOLD THE HOLY GRAIL | << 1 ... 5 6 7 8 9 ... 14 >>Post Follow-up |
Copyright 2022 - Vestyl Software L.L.C.•Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data
Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus