Skip to main content
No. of Recommendations: 4
Finding patterns after the fact is subject to bias -- please note that I am not accusing you of deliberate bias, just that we tend to notice things we are looking for. In other words, I am concerned that there may be stocks that met your signals that did not do very well. Also, I find it more interesting to follow a system if it tells me what I should be doing in real-time.

I would be very interested in following along if you could point out the next few stocks that meet your criteria. I would use the S&P500 as a benchmark. Thanks!


I am not finding patterns after the fact. In fact, I'm not one of those TA guys that says he can see a cup and handle or head oand shoulders or pannant or whatever and predict the future. My system, if you take time to learn it, will just give you buy signals, when a stock (preferably a stock that meets your FA requirements) has positive momemtum (or negative momentum in the case of a short).

Just look for stocks that are breaking through their 50 day EMA and check their RSI, EMA and Volume and see if they pass my system.

As I stated, you will have losers (so far my experience has been 30-40%) but even if you have 50-60% losers at .8-1.2% of your portfolio, the winners (that are typically 20-80% or even more, sometimes double and triples) will far outweigh the losses from the losers.

You guys now have my system. Use it on any stock you wish and see how it works.

NuekJohn

Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.