wow this is really awesome.
must have taken u quite a lot of time coming out with it :)
really love it very much :)
some of the pages with wordings, can make it stay a bit Longer? Especially the parts after the entry point. I was reading, and processing , while digesting , then it turned to the next page already :p
lionel: It took over an hour to do but once it’s done it’s there forever. :-) Maybe I’ll add one second of time to the pages you mention … I’m not an especially fast reader but it’s probably a bit too quick.
@gurlate: I didn’t design the Box and it’s not my program… I guess you could call it a “vendor’s generic program” but that sounds a little dismissive, nicer to say it’s a “little guy’s very special program.”
Chairman, I wish you had kept on logging the R for each box’s idea as you did back in Dec and Jan. I realize it is time consuming. But imagine how many more subscribers you would have by now if the box’s ideas had an actual track record? (assuming a positive one of course).
MrTrend: Yes, I should catch up on that. April was single digit negative and I think May was +10R maybe. It is very time consuming but I’ll try to get on the ball and folks can always figure it out for themselves by reviewing the spreadsheets I post. There are many services that have huge numbers of subscribers that don’t provide *any* track record, oddly.
@Grilly: For the sake of simplicity, I say trail the stop above the *down* bars in this kind of short, though I know subscribers have a million different ways to trail (average true range (volatility), above X bars back, etc.) a stop. There’s no perfect way and although some stops are smarter than others, there’s no such thing as a smart stop.
CM, for tracking the R you can try to build some logic into the Google spreadsheets to do that for you. Google spreadsheets allow you to use GoogleFinance to lookup quotes (real time for Nasdaq, delayed for NYSE). you can enter your entry price and the initial R and let it do the work for you in real time. once you close the position you can replace the GoogleFinance lookup with the actual closing price.
That’s how i do it. It sounds like a mouthful but once you have it setup it is a breeze. It takes me few seconds to enter/close trades into my portfolio tracker and it takes care of all the calculations for me.
@BL: I wouldn’t hold out much hope for the Credence… sorry, gratuitous Big Lebowski crack. Seriously, technical trading is all about price price price. If you start thinking about oil and earnings and the alignment of the planets, you’re gonna get confused right quick and never be able to trade. Keep it simple, BL.
June 13th, 2008 at 10:23 am
Excellent animation. Very impressive.
June 13th, 2008 at 10:28 am
speed: Thx. Too fast, too slow, makes sense? Clear or confusing?
June 13th, 2008 at 12:33 pm
wow this is really awesome.
must have taken u quite a lot of time coming out with it :)
really love it very much :)
some of the pages with wordings, can make it stay a bit Longer? Especially the parts after the entry point. I was reading, and processing , while digesting , then it turned to the next page already :p
Maybe i’m a slow reader :p
June 13th, 2008 at 1:37 pm
lionel: It took over an hour to do but once it’s done it’s there forever. :-) Maybe I’ll add one second of time to the pages you mention … I’m not an especially fast reader but it’s probably a bit too quick.
June 13th, 2008 at 4:41 pm
Lovely stuff, perfectly clear, perfect speed :-)
June 13th, 2008 at 8:59 pm
you shilling whore
p.s. nice job- my style as well
June 13th, 2008 at 11:24 pm
I thought it was the perfect speed. Great job
June 14th, 2008 at 6:37 am
what is this BOX? is this your program..or some vendor’s generic program tweaked by you..thx
June 14th, 2008 at 6:57 am
@gurlate: I didn’t design the Box and it’s not my program… I guess you could call it a “vendor’s generic program” but that sounds a little dismissive, nicer to say it’s a “little guy’s very special program.”
June 14th, 2008 at 8:37 am
Chairman, I wish you had kept on logging the R for each box’s idea as you did back in Dec and Jan. I realize it is time consuming. But imagine how many more subscribers you would have by now if the box’s ideas had an actual track record? (assuming a positive one of course).
June 14th, 2008 at 8:50 am
MrTrend: Yes, I should catch up on that. April was single digit negative and I think May was +10R maybe. It is very time consuming but I’ll try to get on the ball and folks can always figure it out for themselves by reviewing the spreadsheets I post. There are many services that have huge numbers of subscribers that don’t provide *any* track record, oddly.
June 14th, 2008 at 10:23 am
Chairman, can you explain how to use trailing a stop? Use point or percent? How much?
June 14th, 2008 at 10:29 am
Was this a counter-trend idea?
June 14th, 2008 at 10:41 am
@Grilly: For the sake of simplicity, I say trail the stop above the *down* bars in this kind of short, though I know subscribers have a million different ways to trail (average true range (volatility), above X bars back, etc.) a stop. There’s no perfect way and although some stops are smarter than others, there’s no such thing as a smart stop.
@pat: No, trend.
June 14th, 2008 at 9:04 pm
CM, for tracking the R you can try to build some logic into the Google spreadsheets to do that for you. Google spreadsheets allow you to use GoogleFinance to lookup quotes (real time for Nasdaq, delayed for NYSE). you can enter your entry price and the initial R and let it do the work for you in real time. once you close the position you can replace the GoogleFinance lookup with the actual closing price.
That’s how i do it. It sounds like a mouthful but once you have it setup it is a breeze. It takes me few seconds to enter/close trades into my portfolio tracker and it takes care of all the calculations for me.
June 14th, 2008 at 10:48 pm
Born2: Neat, thanks, I’ll look into doing that.
June 15th, 2008 at 12:56 am
Cool! What a nice post.
June 16th, 2008 at 8:51 am
A picture is worth a thousand words they say. A picture AND pertinent words are worth, what? Answer: More. Good stuff. Thx.
June 16th, 2008 at 7:25 pm
Hugh: I thought a picture and pertinent words are worth only $19.95 a month. :-)
June 17th, 2008 at 2:21 pm
I think you need some fundies like the price of oil, etc to give more credance to this.
June 17th, 2008 at 2:42 pm
@BL: I wouldn’t hold out much hope for the Credence… sorry, gratuitous Big Lebowski crack. Seriously, technical trading is all about price price price. If you start thinking about oil and earnings and the alignment of the planets, you’re gonna get confused right quick and never be able to trade. Keep it simple, BL.