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 Posted - 03/21/2012 13:10:14   |
| Hello,
just to say thank you, i had jumped one step: Select those symbols
having $2.00 or greater recent APR. I found now just 5 symbols. Just
will keep triying, i like the system, thanks Tachyonv for sharing it. |
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| Posted - 03/21/2012 13:22:53 |
quote:
Originally posted by theHook
I agree -- but I don't have RadarScreen so my post have been removed.
RadarScreen is FREE with the minimum trades per month 5,000 shares (2,500 in and 2,500 out) or 10 roundturns per month.
TradingDude
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| Posted - 03/21/2012 14:16:31 |
quote:
Originally posted by TradingDude
quote:
Originally posted by theHook
I agree -- but I don't have RadarScreen so my post have been removed.
RadarScreen is FREE with the minimum trades per month 5,000 shares (2,500 in and 2,500 out) or 10 roundturns per month.
TradingDude
I use TS but trade somewhere else! |
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| Posted - 03/21/2012 14:24:22 |
quote:
Originally posted by theHook
quote:
Originally posted by TradingDude
quote:
Originally posted by theHook
I agree -- but I don't have RadarScreen so my post have been removed.
RadarScreen is FREE with the minimum trades per month 5,000 shares (2,500 in and 2,500 out) or 10 roundturns per month.
TradingDude
I use TS but trade somewhere else!
For general information:
Me too, but trade enough to cover Platform and Radarscreen
fees/costs...Subscriber Platform Fee plus Exchange Fees gets real
expensive...
Tradestation Subscription: $249.95 / month
Limited to simulated trading
Brokerage $99/month PLatform Fee
Otherwise, looking at over $400 per month...$5,000 plus per year...
Trade YM or NQ for 1 or a 2 tick profit...covers commisions, $100 Platform Fee plus $59 RadarScreen...
1 tick in ES, even the micro Euro (M6EM12) for $1.25 per tick can be traded to cover costs without any significant $$$ risk...
makes economic sense for me.... |
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| Posted - 03/22/2012 12:58:23 |
Not so good today.
Only
been trading NFLX recently but thought I should try some other symbols
for practice and diversification. Only traded small size as still
practicing.
WPI - .17
GMCR +.08 Got to +.30 so trailed a stop.
NFLX
+.03 Took 3 entrys, first 2 small loss then 3rd went to +.52 target
(this is outside the method mentioned by tachyonv as should only be 1
trade per symbol per day but been doing quite well on NFLX, untill
today)
BIIB -.47 (.17 slippage on stop order) Wish TS had stoplimit
orders in charttrader, would have got filled at stop as price
emmediatley bounced back to stop position.
Been good practice though with multiple positions.
Of course the 2 entry's after my exits went to target on NFLX and GMCR |
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| Posted - 03/22/2012 13:31:25 |
fair point tachyonv, looking back through the post seems you have mentioned this before.
typical I should try trading multiple symbols on a bad day.
Will put it on my no trade days list. |
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| Posted - 03/22/2012 13:51:16 |
quote:
Originally posted by quark
split
what times did you enter/exit?....which time zone
quark Here you go...
trades are in GMT so take off 4hrs for exchange trade time (EDT) I think
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| Posted - 03/22/2012 14:08:15 |
split we went EDT Mar 11 and you change this weekend on the 25th
Currently GMT:18:07
EDT:14:07
Frankfurt :19:07 |
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| Posted - 03/22/2012 14:38:14 |
Hello
Tachyonv, today i tried GMCR at 0955 East time at $55.12. Things didn't
go well. For the future, i won't entry in a down day, may take the Dow
down more than 50 points to not entry, as part of this system.
But i
put an Stop Loss, $1 dollar down. So, the SL still doesn't touched
(very close to) but i could go out at the breakeven 1230, and i didn't
thinking that on this recover things could go in my favor. After, if i
have to go out at 0130, the price is so close the SL that i let it run,
but SL didn't touched and i'm still taking a round on the same trade.
The
question, how you take the decision to go out in this case? And other
thing: the green dot on your KCAll indicator is the better signal to
entry according this indicator (of course without looking the %R)? Thank
you. (English is not my language, sorry if you find some mystakes). |
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| Posted - 03/22/2012 14:49:56 |
| yitana
I do not pay any attention to the green dots on the KC All indicator. I
would not have entered today (and did not enter today), so would not
have the decision to make, regarding when to exit. |
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| Posted - 03/23/2012 11:26:27 |
quark, if your interested
A bit better today.
GMCR +.12 Stop too tight
ALXN -.31
NFLX +76 Stop too tight on 2nd half
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| Posted - 03/23/2012 11:43:15 |
split
may
I make a suggestion...set your trading computer to either Central
Daylight (Texas...tachyonv's zone) or Eastern Daylight (New York City
time). Review your trades and tachyonv's suggestions. Both GMCR and
ALXN were winning trades if you waited a little longer before entering,
if I am not mistaken. Review intraday cycles as well. Time and cycles
can get confusing at times. |
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| Posted - 03/23/2012 15:31:09 |
| I
m following this method since one week, i found it very interesting and
profitable (after triying and triying with automated strategies that
seems to works for a period or on the backtesting but make me broke my
head with EL to not reach the goal)...QUESTION: i just want to ask if
somebody develope a good money management (rules) for exits with Stop
loss, or the decidion is totally personal, going out -0.50 or -0.25 if
the trade dosn't go in the way we expect. |
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| Posted - 03/23/2012 17:11:43 |
yitana
Please
read tachyonv rules on the first pages. He developed this
strategy...read and study his rules...I believe the key to this strategy
being 85-90+% correct depends upon the correct entry time.
Remember this is a discretionary approach to the market...non-automated.
I
believe you can keep the stoploss < 1.00 IF you enter correctly,
understand the strategy/indicators and ???????exit (based on the
indicators) if the trade turns against you before the stoploss of 1.00
is hit. Please clarify the last idea (early exit)with tachyonv before
taking my word...that's simply what I do...sometimes I reverse my
position....Note, this is very important, tachyonv NEVER spoke about
reversing his position.
I am giving some advice/suggestions
since I am a discretionary trader and do not use automated strategies.
Remember I trade futures and not equities so do not take my word as the
"truth". I am responding since tachyonv said he is occupied with other
things and may not be on the forum some times.
just a question...it your name yitana or gitana
http://www.youtube.com/watch?v=QL8-8badzks
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| Posted - 03/23/2012 18:03:52 |
quark
I
agree that the key to this system is entering at the 'correct time' but
also entering on a limit order, the slippage can be quite severe if
using stop entrys.
With NFLX there can be 2-4 opportunities in
the first 2hrs so you have a resonable chance to get one but on other
symbols I have watched and done some basic testing, there is maybe only 1
chance and the 'correct entry' time seems to be a changing target. I
can see that generally the best entry is between the times mentioned on
the first page of this post but along the way there might be a couple
of false entry points.As you have mentioned in the cycles post,
understanding cycles can help to avoid losing trades.
Thing is, I have no idea of which cycle the market is in.
I'm sure it will click soon
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| Posted - 03/23/2012 18:24:28 |
split
study
the excel speadsheet that tachyonv posted...it is very reasonable. Ask
yourself "why"....when you have the answer you will see when you can
enter early...when you should hold off and wait. I doubt tachyonv, will
give you the "whys"...read his posts carefully over this weekend.
Hint: I bet next week will be better for you...cycles shift. |
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| Posted - 03/23/2012 18:42:35 |
quark,
I
have to admit, I have never investigated WHY? the times are important.
Read the xls many times but probably been thinking about it the wrong
way by trying to backtest the next best entry I can think of based on
the times.
Will give it some more reading and thought.
cheers |
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| Posted - 03/23/2012 18:48:52 |
split
Hint: note when tachyonv first posted the excel file (what year)....how were the markets then...how are the markets in 2012.
again
this is discretionary scalping....I don't care what the optimization
was in 1987 or 1992 or whatever...I am a scalper I only care about how
is the market today / or how was the market the last x number of days
ago.
split hope you and your family have a peaceful and relaxing weekend
quark |
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| Posted - 03/23/2012 23:32:51 |
Quark,
Thank
you for anwer me. I have read the rules of Tachyonv, but since english
is not my languages maybe my understanding is about 80%.Some words or
states scape of my knowdlegde even if i search on a dictionary. Anyway i
think i understood most of the rules, and i m not having problems with
the entries but yesterday (march22) i entried on GMCR and things didnt
go in my favor and i have felt skirt because the SL of $1 compared with a
target of 0.50; first i have to said that i should avoid entry on very
down days, also i can take the idea from The Hook about the price should
attack the KC and not the KC come to the price. But i was looking on
this post that most of the traders posting the trades, cut the bad
trades before the $1 that propose Tach.Other way it cost 2 good trades
to recover 1 bad trade. Of course Tachy talk about an SL of $1 or about
going out at 1.30 exchange time. But if someone have other reason to cut
the trade to not have a 2-1 risk -reward i would prefere. When the
price turn back it always make a pivot, i was thinking maybe to can cut
the trade if the price goes down of this pivot floor. Any suggestions
are welcome!
About my name is Yitana, i m also a singer like shakira, and have my own web site, but just for hobby!!! |
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| Posted - 03/25/2012 22:02:39 |
quote:
Originally posted by yitana
Quark,
Thank
you for anwer me. I have read the rules of Tachyonv, but since english
is not my languages maybe my understanding is about 80%.Some words or
states scape of my knowdlegde even if i search on a dictionary. Anyway i
think i understood most of the rules, and i m not having problems with
the entries but yesterday (march22) i entried on GMCR and things didnt
go in my favor and i have felt skirt because the SL of $1 compared with a
target of 0.50; first i have to said that i should avoid entry on very
down days, also i can take the idea from The Hook about the price should
attack the KC and not the KC come to the price. But i was looking on
this post that most of the traders posting the trades, cut the bad
trades before the $1 that propose Tach.Other way it cost 2 good trades
to recover 1 bad trade. Of course Tachy talk about an SL of $1 or about
going out at 1.30 exchange time. But if someone have other reason to cut
the trade to not have a 2-1 risk -reward i would prefere. When the
price turn back it always make a pivot, i was thinking maybe to can cut
the trade if the price goes down of this pivot floor. Any suggestions
are welcome!
About my name is Yitana, i m also a singer like shakira, and have my own web site, but just for hobby!!!
Pretty good. "Eres mi alma". |
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