I have 22 consecutive profitable trades of 15% or better. How is this possible? Every day there are hundreds of stocks setting new highs, no matter what happens in the overall market. Many of these stocks are still at very reasonable valuations. Afraid of buying stocks at their highs? Think of it this way: a new high is really a future floor for companies with solid financial underpinnings. Quantitative momentum modeling makes it easy to identify stocks that can continue this upward momentum trend. Why does this happen? It's really very simple..ask me about what investors and cows have in common. I am $$$ MR. MARKET $$$. I AM HUGE!!! Bring me your finest meats and cheeses. You can join in on the fun. Register for free and you'll be able to post messages on this forum and also receive emails when $$$ MR. MARKET $$$ makes his own trades. ($$$MR. MARKET$$$ is a proprietary investor and does not provide individual financial advice. The stocks mentioned on this forum do not represent individual buy or sell recommendations and should not be viewed as such. Individual investors should consider speaking with a professional investment adviser before making any investment decisions.)
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I need some help with setting new screening parameters. Tired of the old RS, EPS, PE stuff. What has worked for you guys? The more unusual the better. Thanks
Billyjoe, what works for you may not work for me, and vice versa. For example, someone with a multi-million dollar account is going to use screening parameters that differ from someone with a $25,000 account.
Here's an unusual strategy I've come across. Run a minimum of 5 screens of your choice that appear to be relevant. Keep running screens until only 1 stock remains. Buy the stock. Will it work? Got me, it probably will work sometimes. Reminds me of the only person to pick the final 2 in the NCAA college basketball tournament a few years ago . She had friends at the colleges and liked the color of their uniforms.
I had one going for awhile that I ran on businesses that are profitable.
0 < (Current Assets - Current Liabilities)/Shares < 1
This gives about 7-15 stocks that are cheap relative to what assets they'd have left over after paying their current debts. Its a good list to start some research on, as some of them will be cheap because there is a big problem with the business or some are great value plays. I was tracking some of the screened picks for awhile and they averaged about +10% in a few weeks to a month.
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