Search found 7 matches

by gms
Tue Feb 17, 2004 11:35 pm
Forum: Trend Indicators and Signals
Topic: RSI for Stock, ETF or Mutual Strength
Replies: 6
Views: 7837

Re: RSI for Stock, ETF or Mutual Strength

I use RSI(21) in this manner: When the indicator is running along the 50 line, it just confirms for me that the stock is consolidating. Anything above 50 lets me know the stock is closing higher. I don't use it for OS/OB, turning points or trend strength. But I think the question you need to ask you...
by gms
Fri Feb 13, 2004 11:14 am
Forum: Money Management
Topic: Portfolio heat
Replies: 27
Views: 21754

1) Each risking 2% and if you have 10 positions, that's like 20% risk exposure to your equity. So how to manage total risk when you have several bets/positions in your portfolio? I'm don't trade according to "turtle rules", so I can't give you the official c.f. the Tortoise answer :lol: , but a way...
by gms
Sun Feb 01, 2004 3:54 pm
Forum: Trend Indicators and Signals
Topic: How do you determine the "trend" aside of a 20-day
Replies: 25
Views: 20223

The problem you're describing is whipsaw or false breakouts, an inherent problem with MA crossovers. Your solution is to use wide parameters for the MAs, but I suggest that you keep the MAs short and instead change your trading timeframe down. It's a simple thought, really. MA crossovers work best i...
by gms
Fri Nov 28, 2003 9:08 am
Forum: Trader Psychology
Topic: How to handle missing a profitable opportunity
Replies: 5
Views: 4956

Conversely, if the signal was not part of a proven system, I'd let it slide, unless this was happening all the time. I'd let it slide under the belief that changing my otherwise profitable method to capture this one move might render my method less profitable all in all through its many other trades...
by gms
Thu Jun 26, 2003 12:06 pm
Forum: Trend Indicators and Signals
Topic: How do you determine the "trend" aside of a 20-day
Replies: 25
Views: 20223

ForrestGump:
That incrediblecharts chart for SFE... I was under the impression their charting software does not include US stocks. Does it?
by gms
Fri May 23, 2003 11:33 pm
Forum: Testing and Simulation
Topic: Portfolio Selection
Replies: 57
Views: 52172

Here is the code for thirteen... I encourage you to play around with it and tell us what you think. However it certainly doesn't satisfy the Creativity Craving to take someone else's code, open up the hood, and install a couple of tuneup kits. Then it's a good thing I get my my creative jones fulfi...
by gms
Thu May 22, 2003 10:44 pm
Forum: Testing and Simulation
Topic: Portfolio Selection
Replies: 57
Views: 52172

About the "thirteen" system:

1. What types of stops work well with it, and
2. Of whose origination is the system?