To the point: Is there a particular setup or trade that I could post here nightly, or several times a week?
I ask because I know that readers particularly enjoy stock picks. While the big picture posts are all well and good, I understand that readers want to trade stuff.
My perspective is that of a mechanical system trader. Thus, I have a hard time writing about setups that do not backtest well. However, there are many discretionary traders out there that make good money from setups that don’t backtest particularly well. Perhaps I could bring my expertise in scanning the market after the close to bring a particular setup(s) to the iBC community, most evenings.
Along similar lines, is there anything that you would enjoy seeing me write about on a regular basis?
Leave me your ideas in the comments section. I’ll see what I can do.
Honey hole
Morning Star
Can-do. Good suggestions, both.
I’m fine with what’s you’re doing. The Power Dip just keeps making me money!
Do you have any studies on BUY at the close Friday, sell at mid-day or close on following Monday?
Seems like that formula has been working like a charm for the last 6 months, but beyond that?
$TNA always seems to come out on top! I second the honey hole comment…LOL
I’ll take a look at it.
What’s the 5 to 10 day price performance of the SPY when it closes above the BB (2,20)?
Sure. Easy to do. I’ll get it up.
Wood’s gonna “get it up” … I’m sure your wife will be proud.
As is yours…
you necrophiliac you ….
Wood, keep doing what you do. (thought provoking stuff)
ever thought of running a back test for each month split into days to find the days with the best returns for that month? just for reference. would this be pointless?
example: each days returns from Feb 1st to 28th/29th over the last 5 years shown as one of those cool bar graphs
any type of momentum / best sector at which times of the year strategies is good too
Good stuff folks. Keep ’em coming if you got anymore. I started working on some candlestick stuff last night and will post some tomorrow evening.
A list of stocks where the 20 sma has just come back into agreement with the 200 sma and their average gain when they have done that in the past.
Can you be more specific about “come back into agreement”? I’m not sure what you mean. Thanks for the suggestion.
suppose the 20 sma has a downward slope, while the 200 sma has an upward slope. On the day when the 20 sma changes direction and begins to have an upward slope again (aka in agreement with the 200 sma) a buy signal is generated.
Not a problem, but what if the 20ma has been downward for 20 days, and then turns up for one day. Do you want it to be upward for more than one day? If so, how many days? I only ask because I’ve looked at this type of thing before and the 20ma can whiplash a fair amount. Let me know, and I’ll run it.
I honestly don’t know which is better.
Sometimes I have added a requirement that the day that caused the change in the 20ma have a larger range than the ATR and/or have higher than the 20 day average volume. I think those requirements may work better than 2 days on the 20ma, but I leave the decision to you as I think you are more experienced.
It’s been quite a while, but whatever happened to The Big Bamboo? (or did I miss something)
KTB
It failed! lol
Wood, where do you go for delisted data? I owned a few companies that have since been taken down, and if I want to finish my index without interpolating, I need to get ahold of it.
why not to look at something that works – high and tight flag (as defined by Bulkowski)?
Sure. I actually forgot about the high and tight flag. I think Pradeep (Stockbee) did some work on the high and tight flag, too.