Hi-
Results for Fri, Aug 23, 2013:
[ATTACH=CONFIG]19640[/ATTACH]
For Mon, Aug 26, 2013:
[ATTACH]19641[/ATTACH]
Rolling 5d file:
[ATTACH]19642[/ATTACH]
Shawn
Printable View
Hi-
Results for Fri, Aug 23, 2013:
[ATTACH=CONFIG]19640[/ATTACH]
For Mon, Aug 26, 2013:
[ATTACH]19641[/ATTACH]
Rolling 5d file:
[ATTACH]19642[/ATTACH]
Shawn
Hi:
some small corrections made (Aug 27, 2013)
Results for Mon, Aug 26, 2013:
[ATTACH=CONFIG]19686[/ATTACH]
For Tu, Aug 27, 2013:
[ATTACH]19687[/ATTACH]
5d rolling data:
[ATTACH]19688[/ATTACH]
Shawn
Hi:
Results for Tu, Aug 27, 2013:
[ATTACH=CONFIG]19689[/ATTACH]
For Wed, Aug 28, 2013
[ATTACH]19690[/ATTACH]
Rolling 5d data:
[ATTACH]19691[/ATTACH]
Shawn
Hi-
First of all, I would like to thank Pascal for letting me post here.
Second of all, I have noticed that running a 5d rolling program on the +90 RS (3 month measure) gives way too many names to trade....
So, I am cutting back to something I can trade. I am going to take the top +95 RS (3 month) names, but not more than 4 each day and hold for 5d's. To resolve ties on who's in/out.. I am going to take the highest IBD Composite score to decide.
At heart, I am an academic, but I trade for my living and we need to be practical, so we buy @ market 9:35 am (why? let the bid vs ask settle) and sell @ market 3:40 pm ET (why? leave the party b4 the day traders on these high beta names). This will be a success if we don't get screwed.. input welcome on this..
The very recent cumulative results from Aug 21:
SPY -01.03%
regular method +0.58%
all RS (3 month) +95 +1.58%
cutting off to < 4 names +1.93%.
Shawn
PS: Harry, can you watch this and QA my posts? much thanks...
Shawn,
This has been a good experience.
It is important to limit yourself to a few names.
This selection method will work fine as far as you have the market direction right.
Believe me, I back-tested it. I also back-tested the IBD composite without EV.
You need a market direction model for stocks picking to work.
Pascal
Pascal,
You are completely right..
I am 100% cash personally...
For now, this work is totally academic (on the long side)
Shawn
[QUOTE=shawn_molodow;26360]Pascal,
You are completely right..
I am 100% cash personally...
For now, this work is totally academic (on the long side)
Shawn[/QUOTE]
I am still short, but not a large position.
I feel that assistant traders are in charge now and mainly day-trading.
When the big boys will be back after Labor day, they might want to shake the tree to replenish on the cheap.
There is enough uncertainty now to trigger a large down move (large is between 3% and 5%).
Pascal
[QUOTE=shawn_molodow;26358]PS: Harry, can you watch this and QA my posts? much thanks...[/QUOTE]
Shawn - I will do my best!
Harry
Hi-
Results from Th, Aug 29, 2013:
[ATTACH=CONFIG]19740[/ATTACH]
For Fri, Aug 30, 2013:
[ATTACH]19741[/ATTACH]
5d rolling data:
[ATTACH]19742[/ATTACH]
Shawn
Hi-
Results from Fri, Aug 30, 2013:
[ATTACH=CONFIG]19748[/ATTACH]
For Tu, Sep 3, 2013:
[ATTACH]19752[/ATTACH]
5d rolling data:
[ATTACH]19750[/ATTACH]
Shawn