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 : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: booters who wrote (8536)6/26/2000 9:17:00 AM
From: Dr. Stoxx  Read Replies (1) | Respond to of 39683
 
Yes, I can see where using a 3rd indicator like MACD would keep you out of trades that a simple MAX would have you in...hence fewer trades. I was average 2.2 trades per week per stock, or about 9 trades for my 4 positions.

Which NYSE stocks are you trading at the moment? It would be great to add some NY issues to our hotlist. SCH was a great stock to trade until it fizzled. Easy in, easy out...and especially easy to short.

33% per month is fantastic, especially if the drawdowns are kept to a minimum. We were doing a bit better <ggg>, but then I think I hit upon some really incredible market volatility...and there was some compounding. We also had some nasty drawdowns, and strings of failed trades in one direction, which could have been avoided with trend analysis as part of the signal.

Keep us posted. Again, I am considering strongly the idea of adding a 3rd indicator, and so welcome any advice you have based on experience.

Keep posting, TC



To: booters who wrote (8536)6/26/2000 9:21:00 AM
From: Dr. Stoxx  Read Replies (1) | Respond to of 39683
 
Also: who do you use broker-wise? Penny per share is cheap (500 shares $5, e.g.)! But my experience with "cheap" brokers is that they find other ways to get your money...like late fills and a refusal to fill between the spread, etc.

TC