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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with tweaks this great, you might as well reset the system. Perhaps something else comes up after these tweaks, and you need to re-tweak big time. No problem; reset the system again. Perhaps you are still in the system building phase? And you need a life beside this test and your own thread, so the top 5 looks OK to me. And you might think about excluding thinly traded stocks, because I don't think one would be able to get a good entry there, the way you set things up.
Regards,
Karel
Hi Karel. Thanks. Yes, I do need a life This is a time consuming thing with so many stocks and charts, so 5 stocks and the filtering will lower the workload significantly.
Ya, absolutely still in the system building phase S2s aren't standing up too well with Mr. Market's picks obviously, but if I had more time I'd follow it for a longer period of time - a few days isn't going to be accurate, and I do think that this system has potential. I suspect as you commented, the stops are too tight. And great point about thin stocks. Not very kind on stops in most cases.
Anyway, the winners today are helping the system's ego
I'll terminate the system as of now, and start the new system as of now.
Karel,
I should probably start a new thread, since future content is not going to be "Swing trading the Mr. Market portfolio" as the thread name suggests. Or is it possible to change the thread title to "Swing trading Mr.Market's latest Top Five"?
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