WinAtTrading
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I traded ALXN, made $0.70c
CHKP, made $1.00c
DTV, made $0.40c
Nice day, best one for a long time.
I traded ALXN, made $0.70c
CHKP, made $1.00c
DTV, made $0.40c
Nice day, best one for a long time.
WinAtTrading
Junior member
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I've been testing over the last 2 weeks and I'm going Live again tomorrow.
I have been averaging $2.26 profit per share traded.
Also started a Skype Trading room which is a fantastic way to share information and skills.
If you like add me on skype its someshdeswardt
I have been averaging $2.26 profit per share traded.
Also started a Skype Trading room which is a fantastic way to share information and skills.
If you like add me on skype its someshdeswardt
robocop
Well-known member
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Out @ 47.00
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robocop
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My updated momentum list (NQ only) for upcoming sessions
Some stocks do very well and consistent with this strategy over time.
Notice the backtest equity curve on the top of the charts. These are rising in a fine ascending slope. The backtest risks initially $ 200 per trade.
Here the backtest report of CELG
Although it has a positive expectancy, the average trade (excluding commissions) is just $ 22.74. And that is with a higher ATR stock.
And here the backtest report of DTV
The average win of DTV is $ 29.71. Notice that long and short trades do equally well.
Maybe someone with proper knowledge of backtesting can tell me if the results of the backtest are great or has to be (much) better?
Some stocks do very well and consistent with this strategy over time.
Notice the backtest equity curve on the top of the charts. These are rising in a fine ascending slope. The backtest risks initially $ 200 per trade.
Here the backtest report of CELG
Although it has a positive expectancy, the average trade (excluding commissions) is just $ 22.74. And that is with a higher ATR stock.
And here the backtest report of DTV
The average win of DTV is $ 29.71. Notice that long and short trades do equally well.
Maybe someone with proper knowledge of backtesting can tell me if the results of the backtest are great or has to be (much) better?
robocop
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Limitation of this strategy.
Not all stocks make money trading this strategy.
One example I found was SIRI. If I really want to lose, then all I have to do is to trade this stock alone.
The equity curve is descending very consistently!
Do not trade penny stocks with this strategy.
Look at the close-up to see what happens. Chop, chop, chop! And this is even without commission costs to trade 20.000 shares.
Not all stocks make money trading this strategy.
One example I found was SIRI. If I really want to lose, then all I have to do is to trade this stock alone.
The equity curve is descending very consistently!
Do not trade penny stocks with this strategy.
Look at the close-up to see what happens. Chop, chop, chop! And this is even without commission costs to trade 20.000 shares.
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robocop
Well-known member
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Trade entries of this morning (didn't mentioned these trades live here).
CRUS
Entry short 700 @ 28.46 (perfect entry I have to say)
Out @ 28.31 (profit 15ct / share, I killed the trade for evening dinner)
Just 5 min. later CRUS dropped to $ 28, thus exited a few minutes to early ;-(
The trade should have been as below. Entry at crosshair, exit at end of chart.
ASML
Entry short 900 @ 48.95
Out @ 49.04 (lost 9 ct / share)
Entry was ok, exited too late, should have exited earlier at break of ema or at entry.
CRUS
Entry short 700 @ 28.46 (perfect entry I have to say)
Out @ 28.31 (profit 15ct / share, I killed the trade for evening dinner)
Just 5 min. later CRUS dropped to $ 28, thus exited a few minutes to early ;-(
The trade should have been as below. Entry at crosshair, exit at end of chart.
ASML
Entry short 900 @ 48.95
Out @ 49.04 (lost 9 ct / share)
Entry was ok, exited too late, should have exited earlier at break of ema or at entry.
robocop
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Daysummaries
June 25
June 26
It isn't the end of the month yet, but I probably won't trade the rest of the month.
I've got a drawdown of approx. $ 1800 (incl. IB commissions).
Result of June $ -700 (incl. IB commissions)
Note that trading with IG Markets commissions for two months wouldn't made me a single penny.
June 25
June 26
It isn't the end of the month yet, but I probably won't trade the rest of the month.
I've got a drawdown of approx. $ 1800 (incl. IB commissions).
Result of June $ -700 (incl. IB commissions)
Note that trading with IG Markets commissions for two months wouldn't made me a single penny.
robocop
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Daysummary
I had some spare time in the last hour of the session, so I decided to look for some opportunities
PETM entry with Time and Sales window.
PETM entry at break of resistance. When it eventually broke, I entered it on the first little pullback. Exit first part at 66.61 and second part at 66.72.
BRMN - If you don't know what a Doij is, then this is a Doij! Entry at cross, exit at end of chart. Exited early, because markets had great risk of reversing.
I had some spare time in the last hour of the session, so I decided to look for some opportunities
PETM entry with Time and Sales window.
PETM entry at break of resistance. When it eventually broke, I entered it on the first little pullback. Exit first part at 66.61 and second part at 66.72.
BRMN - If you don't know what a Doij is, then this is a Doij! Entry at cross, exit at end of chart. Exited early, because markets had great risk of reversing.
robocop
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Out @ 64.86
robocop
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Out @ 49.16
robocop
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Stopped out @ 53.98
robocop
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Exit @ 49.65
robocop
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Exit @ 21.18
