SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Galapagos Islands

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Patrick Slevin who wrote (55022)12/31/2005 12:39:47 AM
From: PuddleGlum  Read Replies (2) of 57110
 
Patrick,

I see that you're using a defined box size for TRE. I gave you % box size. With traditional box size a $5 stock must move up 30% to $6.50 to score 3 boxes when a $50 stock gets 3 boxes with a mere 6% move up to $53. Fixed box size is somewhat better than traditional, but suffers from similar shortcomings when you have significant moves like TRE has had.

I haven't used traditional box size in years, and I've tried to evangelize some of the piffers wrt % charts, but so far I've only convinced a few of 'em. % charts would have given you a few entry opps on TRE before now. With % box size I don't need to try to determine what the most appropriate fixed box size might be.

Try it, you'll like it.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext