ThaGekko 139 posts msg #130240 - Ignore ThaGekko |
8/2/2016 3:55:07 PM
I'm not taking any positions today - HAE options spread is ridiculous and I don't like to play earnings, but good luck to you!
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Kevin_in_GA 4,599 posts msg #130241 - Ignore Kevin_in_GA |
8/2/2016 4:00:09 PM
Wow - that was fast - out of ETSY at $12.69 for a (very) quick gain of $310 after commissions.
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Kevin_in_GA 4,599 posts msg #130242 - Ignore Kevin_in_GA |
8/2/2016 5:00:01 PM
ETSY up in after hours trading (now at $13.42). I rolled out with a profit (no skill involved, just saw a quick buck and took it) but will consider re-entering this one if it opens higher tomorrow.
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Kevin_in_GA 4,599 posts msg #130247 - Ignore Kevin_in_GA |
8/3/2016 9:27:28 AM
ETSY way up in premarket, now at $13.65 (up another 7.4%). Will definitely open above its upper BB(20,3) again today.
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Kevin_in_GA 4,599 posts msg #130248 - Ignore Kevin_in_GA |
8/3/2016 9:33:04 AM
Out of HAE at $33.94 for a gain of $294 after commissions.
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johnpaulca 12,036 posts msg #130249 - Ignore johnpaulca |
8/3/2016 9:38:58 AM
nice trade, you're just killing it.
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Kevin_in_GA 4,599 posts msg #130255 - Ignore Kevin_in_GA |
8/3/2016 12:40:55 PM
I'm guessing it is a streak, soon to be broken.
I had to take care of something this morning so I put in an order to short 2000 shares of ETSY at $14.00 (which got filled at $13.9946). That was not based on any filter, just a gamble. Might hold it a day or two but will likely close it out by end of day tomorrow.
As of 12:30 PM the filter candidates are ADXS, CEMP, IDXX and not surprisingly ETSY .
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Kevin_in_GA 4,599 posts msg #130258 - Ignore Kevin_in_GA |
8/3/2016 3:39:26 PM
Short filter candidates - ADXS, CEMP, IDXX, DISCA, TREX, SALE
I would not trade ADXS since this is a move based on an Amgen collaboration and 8% stake taken in the company. May not mean anything but there are a lot of candidates today to choose from.
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Kevin_in_GA 4,599 posts msg #130259 - Ignore Kevin_in_GA |
8/3/2016 4:00:59 PM
I just got into the following positions:
TREX - short 340 shares @ $57.70
CEMP - short 900 shares @ $22.25
IDXX - short 200 shares @ $108.00
SALE - short 2000 shares @ $10.041
DISCA - short 750 shares @ $26.761
MNK - short 200 shares @ $79.80 (this appeared on the filter intraday)
ETSY - bought 2000 shares to close @ $13.84 for a gain of $300
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mahkoh 1,065 posts msg #130261 - Ignore mahkoh |
8/3/2016 6:08:45 PM
Excellent work here, Kevin. So far there seems little room for improvement, maybe just a few things to ponder:
- The bulk of the selections tend to resolve higher so I'd say it's crucial not to overstay your welcome.
- It would seem that stocks where the second day above BB had higher volume are still good candidates if the next day has (significantly) lower volume. Maybe something like:
count(close above upper Bollinger Band(20,3),3) above 1
set{voldown, volume 1 day ago * 0.66)
volume below voldown
- Since you are usually looking for a quick profit after the open, maybe sort on average volume descending; the higher average volume the sooner the spread tightens after the open.
- I would not exclude stocks between 2 and 10. Risk may be higher, but then just trade those with fewer shares.
- I would say that stocks that break out to a new all time highs carry extra risk.
- As for exit; it could be my imagination but it seems that the candle after the signal often is roughly about the same size as the signal candle.
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