jackmack
334 posts
msg #112650
- Ignore jackmack |
4/4/2013 7:15:55 PM
mahkoh
Thank you for the pointer
I did as you indicated and that is where I was getting confused this last go around.
You were stating you had done a data study of your own and that's what threw me
as I thought it was in there under the data tab of the public file and I was only seeing
data up through 1 April 2013.
Again - thanks for the heads up.
Cheers
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frsrblch
35 posts
msg #112654
- Ignore frsrblch |
4/5/2013 1:43:47 AM
Fantastic idea, pulling data from Yahoo Finance like that.
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mahkoh
1,065 posts
msg #112655
- Ignore mahkoh |
4/5/2013 2:23:51 AM
I think I figured out why the cmf doesn't trigger: SF does not have volume data that is required for its calculation.
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jackmack
334 posts
msg #112660
- Ignore jackmack
modified |
4/5/2013 8:51:10 AM
Nice - hee hee
Got it
Once again thank you - you all for the fantastic data.
Sure wish I had something to contribute.
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jackmack
334 posts
msg #112692
- Ignore jackmack
modified |
4/8/2013 2:18:00 PM
After reviewing the spreadsheet data (along with the original filter set) the only concern one would need to take into consideration when using any version of these would be potential for a margin call if trading with less than required equity.
There are several occasions were there were back to back entry/exit signals in a very short period of time.
One potential way to get around this would be to trade with 49% of an account (if one were trading only this model) but then one would miss many great trades until account balance met the margin requirement.
I counted a little more than 20 times on the spreadsheet where one would have been out and then back in in less than the typical 3 day period for funds to settle but one could have gotten away with getting back in before the funds settled and been okay but the risk one then takes is "if" the exit signal fires and you are to get back out.
Are there any other ways one can use this to it's potential and not have to have the typical $25,000 in order to not be considered a pattern day trader (other than the 49% positioning mentioned above)?
Or just wait until the "next" signal?
Thank you
Cheers
EDIT - if one were trading only this as the sole vehicle in said account
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jackmack
334 posts
msg #112718
- Ignore jackmack |
4/11/2013 1:50:28 PM
frsrblch
I am amazed at the level of formulation you have put into the spreadsheet
Just awesome
Thank you again for sharing
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mahkoh
1,065 posts
msg #112719
- Ignore mahkoh |
4/11/2013 2:44:43 PM
Looks like we'll get an exit single without a single filter triggering. Not sure whether this should be considered as a market top signal. I guess time will tell, but I'm going to cash.
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jackmack
334 posts
msg #112720
- Ignore jackmack |
4/11/2013 3:03:33 PM
Kevin
I love the statement on your new site "Let's make money the old fashioned way... by taking it from less intelligent investors"
With this model you have created here that will be VERY easy to do indeed
Thank you
Cheers
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Kevin_in_GA
4,599 posts
msg #112722
- Ignore Kevin_in_GA |
4/11/2013 3:08:01 PM
My wife was not as enthused about the slogan as I was, but she doesn't understand trading and leaves it all up to me.
I will probably sell the Divergence system on Collective2, but eveyone here can still have it for free (obviously).
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frsrblch
35 posts
msg #112725
- Ignore frsrblch |
4/11/2013 4:41:49 PM
Thanks, jackmack. I'm glad that people are finding it useful.
Looks like a great exit today. Taking money from less intelligent investors it may be, but it's the nature of the system that that money has to come from somewhere.
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