I could have reworded that better, hits I meant the result from the scan, therefore 67% of the scan of the stocks from $0.001 cent to $1.00 are profitable. Yes entry and exits are quite important,one may be unfortunate to select the remaining 33% that are not going to increase on the day. This...
This system isn't mine, but the owner ( Raider ) says its good for 67% hits on the ASX.
Can it be improved? The software is Insight Trader but any metastock type program can be adapted. I havent shown the code, just the wording.
Here is what he showed us the other day without the code.
Volume...
Am going to knock off the 'Why' from your question SP.
So we have Does it attract people looking for a quick buck..?
To say double their money in 3 days? I wouldn't take that risk in the stockmarket. Prolly better to risk the 00 and put my money on red.
go well
sl
Re: MA's and Fat Prophets
I dont subscribe to any either Kerosam.
Am working on a mechanical trading plan, I think thats what it is refered to here. I wish to stop being influenced by the newspapers and other media regarding the markets.
Re: MA's and Fat Prophets
Thanks Richkid
It is tropical, and we are now in our build up towards the wet.
Yes I have been to the FP site many times, but please remember FP lean towards investment not trading.
I went along to their course because it is a novelty to see such (may I say)...
Re: MA's and Fat Prophets
Hi Richkid
We dont have the four seasons here in the Top end, Its either the WET or the DRY. The Wet is here with us now, high humidity and welcome rain at some times. The monsoon should really wet us when it normally arrives here around Christmas.
A brief was...
MA's and Fat Prophets
Well since my last post I have been looking around these and other sites regarding a simple entry and exit point for some sort of system.
Seems the majority prefer moving average types, 3 13 39 5 15 30
etc. All warning of whipsaws etc. Some say include a Directional...
I have been trading for about 2 years now, only on "feel good" type stocks and needless to say I haven't made a profit.
Have now decided to write down a trading plan to take the emotion out, but sheesh trying to get some idea of an entry point using technical analysis is fogging my brain.
I...
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