80 stocks rise 70% at sometime in the last 3 mths

[tech/a]

These 80 stocks at sometime in the last 3 mths have risen 70%.OR MORE
All have a liquidity of $300,000 traded based on an average of traded $ value over 21 days.

What an amazing time to be trading!

Security Name Ticker Symbol Folder
ACAP RESOURCES ACB C:\My Databases\MetaStock\ASX\A0
ADELPHI ENRGY LT ADI C:\My Databases\MetaStock\ASX\A0
ADV GROUP LMTD ADS C:\My Databases\MetaStock\ASX\A0
AED OIL LIMITED AED C:\My Databases\MetaStock\ASX\A0
AIM RESOURCES AIM C:\My Databases\MetaStock\ASX\A0
ALLIANCE RSRCS AGS C:\My Databases\MetaStock\ASX\A0
ANGLO AUSTRALIAN AAR C:\My Databases\MetaStock\ASX\A0
ARROW ENERGY NL AOE C:\My Databases\MetaStock\ASX\A0
ASTRLN MNS LTD AUZ C:\My Databases\MetaStock\ASX\A0
AUSTIN EXPLRTN AKK C:\My Databases\MetaStock\ASX\A0
AUSTPAC RSRCS APG C:\My Databases\MetaStock\ASX\A0
AUSTRALIAN ENRGY AEN C:\My Databases\MetaStock\ASX\A0
AUSTRALIAN MNNG AUM C:\My Databases\MetaStock\ASX\A0
AVOCA RESOURCES AVO C:\My Databases\MetaStock\ASX\A0
BANNERMAN RSRCS BMN C:\My Databases\MetaStock\ASX\B0
BARAKA PETROLEUM BKP C:\My Databases\MetaStock\ASX\B0
BECTON STAPLED BEC C:\My Databases\MetaStock\ASX\B0
BRAVURA SLTNS BVA C:\My Databases\MetaStock\ASX\B0
CARPENTER PCFC CPC C:\My Databases\MetaStock\ASX\C0
CBH RESOURCES L CBH C:\My Databases\MetaStock\ASX\C0
CITECT CRPRTN CTL C:\My Databases\MetaStock\ASX\C0
COMPASS RSRCS CMR C:\My Databases\MetaStock\ASX\C0
CONQUEST MINING CQT C:\My Databases\MetaStock\ASX\C0
CUDECO LIMITED CDU C:\My Databases\MetaStock\ASX\C0
DEEP YELLOW LMTD DYL C:\My Databases\MetaStock\ASX\D0
EASTERN STAR GAS ESG C:\My Databases\MetaStock\ASX\E0
ENERGY VNTRS LTD EVE C:\My Databases\MetaStock\ASX\E0
ENERGY WORLD C EWC C:\My Databases\MetaStock\ASX\E0
ERG LIMITED ERG C:\My Databases\MetaStock\ASX\E0
ERONGO ENERGY ERN C:\My Databases\MetaStock\ASX\E0
FELIX RSRCS LTD FLX C:\My Databases\MetaStock\ASX\F0
FOX RESOURCES FXR C:\My Databases\MetaStock\ASX\F0
GALLERY GOLD L GGN C:\My Databases\MetaStock\ASX\G0
GEODYNAMICS LMTD GDY C:\My Databases\MetaStock\ASX\G0
GOLDEN STATE RES GDN C:\My Databases\MetaStock\ASX\G0
GPS ONLINE LMTD GPO C:\My Databases\MetaStock\ASX\G0
HYRO LIMITED HYO C:\My Databases\MetaStock\ASX\H0
IMAGE RSRCS NL IMA C:\My Databases\MetaStock\ASX\I0
INDEPENDENCE GRP IGO C:\My Databases\MetaStock\ASX\I0
INDUSTREA LMTD IDL C:\My Databases\MetaStock\ASX\I0
JABIRU METALS L JML C:\My Databases\MetaStock\ASX\J0
KAGARA ZINC LMTD KZL C:\My Databases\MetaStock\ASX\K0
KIMBERLEY OIL NL KBO C:\My Databases\MetaStock\ASX\K0
KINGS MINERALS N KMN C:\My Databases\MetaStock\ASX\K0
LOUISIANA PTRLM LOU C:\My Databases\MetaStock\ASX\L0
MARATHON RSRCS MTN C:\My Databases\MetaStock\ASX\M0
MATRIX METALS MRX C:\My Databases\MetaStock\ASX\M0
MAYNE PHARMA L MYP C:\My Databases\MetaStock\ASX\M0
MEDIA WORLD COMS MWC C:\My Databases\MetaStock\ASX\M0
METABOLIC MBP C:\My Databases\MetaStock\ASX\M0
METALS AUSTRALIA MLS C:\My Databases\MetaStock\ASX\M0
METHANOL ASTRL MEO C:\My Databases\MetaStock\ASX\M0
MINARA RESOURCES MRE C:\My Databases\MetaStock\ASX\M0
MINCOR RSRCS NL MCR C:\My Databases\MetaStock\ASX\M0
MONAX MINING L MOX C:\My Databases\MetaStock\ASX\M0
MPI MINES MPM C:\My Databases\MetaStock\ASX\M0
MRBL NCKL LTD MBN C:\My Databases\MetaStock\ASX\M0
NEXUS ENERGY L NXS C:\My Databases\MetaStock\ASX\N0
NIAGARA MINING NIA C:\My Databases\MetaStock\ASX\N0
PENINSULA MNRLS PEN C:\My Databases\MetaStock\ASX\P0
PERILYA LIMITED PEM C:\My Databases\MetaStock\ASX\P0
PHARMAXIS LTD PXS C:\My Databases\MetaStock\ASX\P0
QRSCNCS HLDNGS QRS C:\My Databases\MetaStock\ASX\Q0
QUEENSLAND GAS QGC C:\My Databases\MetaStock\ASX\Q0
REDPORT LIMITED RPT C:\My Databases\MetaStock\ASX\R0
REPCO CRPRTN RCL C:\My Databases\MetaStock\ASX\R0
RIVERSDALE MNNG RIV C:\My Databases\MetaStock\ASX\R0
SALLY MALAY MNNG SMY C:\My Databases\MetaStock\ASX\S0
SANDFIRE RSRCS SFR C:\My Databases\MetaStock\ASX\S0
SHERLOCK BAY N SHN C:\My Databases\MetaStock\ASX\S0
SMC GOLD LIMITED SMO C:\My Databases\MetaStock\ASX\S0
SUMMIT RESOURCES SMM C:\My Databases\MetaStock\ASX\S0
SUNDANCE RSRCS SDL C:\My Databases\MetaStock\ASX\S0
TENNANT CREEK G TNG C:\My Databases\MetaStock\ASX\T0
TETHYAN COPPER TYC C:\My Databases\MetaStock\ASX\T0
TRI ORIGIN MNRLS TRO C:\My Databases\MetaStock\ASX\T0
U308 LIMITED UTO C:\My Databases\MetaStock\ASX\U0
VISION SYSTEMS VSL C:\My Databases\MetaStock\ASX\V0
WAREHOUSE GROUP WHS C:\My Databases\MetaStock\ASX\W0
WESTERN METALS WMT C:\My Databases\MetaStock\ASX\W0

Take a good look at their charts find commonalities,there WILL be more.

Make this Xmas a GREAT Xmas.

 

[nizar]

tech just wanted to ask which software you use for charting, especially those charts you put up in the breakouts thread, with green and red bars indicating whether selling or buying volume is dominating.

 

[tech/a]

tech just wanted to ask which software you use for charting, especially those charts you put up in the breakouts thread, with green and red bars indicating whether selling or buying volume is dominating.

Thats "Market Tools" linked to Marketcast live data feed.
Market Cast is arond $450 set up and $165/mth for the feed. (Ive had it 8 yrs).Market tools around 3 weeks.

Market tools needs Market Cast OR Bourse Data (bourse data $110/mth Im told).live feed to run.
Its $439 one off cost.

My other software is Metastock which provided the list above from a search for stocks that have risen 70% at sometime in the last 3 mths.
AND
Tradesim which is the software linked to Metastock (V 7.2 the new ones are crap!) for Systems testing and design.
Techtrader was developed using this combination.

 

[nizar]

Thats "Market Tools" linked to Marketcast live data feed.
Market Cast is arond $450 set up and $165/mth for the feed. (Ive had it 8 yrs).Market tools around 3 weeks.

Market tools needs Market Cast OR Bourse Data (bourse data $110/mth Im told).live feed to run.
Its $439 one off cost.

My other software is Metastock which provided the list above from a search for stocks that have risen 70% at sometime in the last 3 mths.
AND
Tradesim which is the software linked to Metastock (V 7.2 the new ones are crap!) for Systems testing and design.
Techtrader was developed using this combination.

tech,

looking back in hindsight, would you have been more profitable if you had bought all the above tools when you first started trading?

(im thinking obviously you would make much greater use of these tools once you are much more pro ie, like yourself, rather than at a relative beginner level)

what im trying to say is, would you recommend marketcast, market tools, metastock, tradesim, for a beginner?

 

[Raging Bull]

Hi,

tech, I would also be interested to know what you recommend for starting out.. signing up with comsec gives me real time price and market depth (or close to it). I use Quote Tracker to give me intra day data.. No proper charting software so far..

One note about bourse data, I signed up for a trial account and downloaded a trial of Market Tools.. there is a problem with Bourse at the moment. It doesn't allow real time market scans (for volume or price breakouts)

 

[ezyTrader]

Hi tech/a,

Some Qs:-
(1) Notice a majority are breakouts are from a long consolidation base (ala, Weinstein stage 1). Given the track record of these stocks, are you personally only doing discretionary trades, or, taking a second look at them for a longer hold, as you said, comparatively, up to 70% growth in few months?

My question is out of curiosity just as am only a young trader (less than 6 months) - from your experience, how many stage 1-to-2 breakouts actually eventuate into anything profitable for a longer term hold?

(2) Do you have any experience with Paritech software for comparison purposes?

(3) Does MT show all market action, or only selective? By that, I mean, it's own criteria. For eg. Commsec ProTrader only shows its biased realtime top market movers, if I hadn't have other stocks on my watchlist, I would have missed their price action completely.

 

[tech/a]

Nizar

tech,

looking back in hindsight, would you have been more profitable if you had bought all the above tools when you first started trading?

No as I wouldnt have had the knowledge to use the software to its full potential.

(im thinking obviously you would make much greater use of these tools once you are much more pro ie, like yourself, rather than at a relative beginner level)

what im trying to say is, would you recommend marketcast, market tools, metastock, tradesim, for a beginner?

Learning the business of trading (In whatever form or raod we take) is a long journey,If you take the technical path then I would seriously recommend trading longer timeframe.Amibroker would be my choice NOW in software.It wasnt around when I started.

Mind you for systems testing there is none better than Tradesim.(well that I have found).

The temptation of short term trading should be confined to a small % of total capital as this form of trading is the most expensive when learning---and one of the most profitable when proficient.

Raging bull.

tech, I would also be interested to know what you recommend for starting out.. signing up with comsec gives me real time price and market depth (or close to it). I use Quote Tracker to give me intra day data.. No proper charting software so far..

One note about bourse data, I signed up for a trial account and downloaded a trial of Market Tools.. there is a problem with Bourse at the moment. It doesn't allow real time market scans (for volume or price breakouts)

Thats probably as good as any to start.I actually started with Marketcast 8 yrs ago and for years had it on my desk and never utilised it.I cant count the number of times I scanned the market and watched countless runners run 30-200%.There came a time where I had to take notice!!

I remember it took me a week to pay for the whole setup for a year.Thats when i took short term discretionary trading seriously and realised that if certain known principles are used when trading in this way chances of failure are remote.

EZY

Some Qs:-
(1) Notice a majority are breakouts are from a long consolidation base (ala, Weinstein stage 1). Given the track record of these stocks, are you personally only doing discretionary trades, or, taking a second look at them for a longer hold, as you said, comparatively, up to 70% growth in few months?

Ah an astute observation.If they run 50% or so in a few days then I'll sell out generally.If they are slower and move from consolidation to consolidation cluster with spike moves out then Ill hold longer.

My question is out of curiosity just as am only a young trader (less than 6 months) - from your experience, how many stage 1-to-2 breakouts actually eventuate into anything profitable for a longer term hold?

Firstly qualifying a breakout. Higher highs and Higher lows (Initially a short term pattern then a longer term pattern---Ie Elliot wave theory.) As for % I really dont know but I can say that those that I have observed have benn numerous so much so that I actively look for and react to any I see.

(2) Do you have any experience with Paritech software for comparison purposes?

No sorry.Arent they just sellers of software not putting out there own?

(3) Does MT show all market action, or only selective? By that, I mean, it's own criteria. For eg. Commsec ProTrader only shows its biased realtime top market movers, if I hadn't have other stocks on my watchlist, I would have missed their price action completely.

M/T shows the lot well what i mean is you can follow as many as you like and save them.

M/C does the scanning you have to have both.

 

[tech/a]

Ive posted these up for good reason.

Not that I think any of these will continue.
Simply for those interested to look at the times when these DID run and understand the following as it can be ver profitable.

(1) Notice the momentum---you dont need to be in at the very bottom---you can hop on for quite a while the trick is to WAIT for the momentum to be OBVIOUS dont pre empt it.

This allows stops to be closer and for you to take larger positions and be involved in stocks that are moving NOW.In other words your money is working for you straight away.
WMT is an example Currently.

(2) Outliers are what we make our $$s from regardless of length of time held moves from consolidation to new highs make the profit. They wont go for ever----particularly those moves which return 30% + in a day and 50% + in a few days. Recognise this look at the charts there are clearly defined alerts in most stock which indicates reversal.
Be happy with a 50% + move in a few days and take the profit offered.

It can be really that simple.

Happy trading everyone.

 

[caleb2003]

Reading Alexander Elders, come into my trading room and theres some interesting theories on working in channels with EMA envelopes but I can't find software that plots these automatically, anyone know?

Ta

 

[tech/a]

Metastock will but youd need metastock pro to do it realtime.

 

[caleb2003]

Thanks I'll check it.

 

[Bin57again]

Tech
I googled Outliers but didn't come up with much info. What are they exactly? Simply trades which are outside the ballpark in terms of profitability?
Bin

 

[nizar]

The temptation of short term trading should be confined to a small % of total capital as this form of trading is the most expensive when learning---and one of the most profitable when proficient.

Sound wisdom there.

Bin57 - I think outliers refers to stocks which move 50-100% in a few days.