Doug, Scan test results. The Short sell scan: 9 down, 1 no change, 2 up. The best down on the short sell scan 10.92%, worst short sell + 6.05%.
The market today sure helped out my short sell scan!! I am very happy with the results, but the real test here is a strong up day, even a average day.
The Long Scan: 4 down, 3 up, 1 no change, The Best Long, Up 9.57%, worst LONG down 2.13. With the market down so much, I am happy with the results.
Both Scans picked ONE stock that was BEST for the correct direct.
Short sell was te best, of coarse with todays huge drop. The Long scan is not bad at all, considering the market drop.
The UPs were mostly above 1.7%, the downs were less %.
I am happy. Want to tweek it a bit as time goes on.
In most all cases, if you knew a bit about Day Trading, you could have gotten a bit better price. Add the Daytrading Knowledge, and the scan would be even better.
This is fun!! I like my TA simple though. Not to simple, but not to deep either. I hope these scans work out over several days. Time is the test!!!
No chat tonight. Going to bed early.
Question: Where do you see this market going over the next 3 days? 2 weeks? a month?
I am paper trading many systems right now. Preparing for the Jump back in.
We need War's Vector Vest Scans of industry sectors!! Narrow the TA to HOT, or Sour, sectors. Let the Market conditions provide the extra kick! Like Idea?
Scott |
