goldfinger
- 12 Jan 2010 20:42
Fred1new
- 10 Jul 2011 15:31
- 1488 of 3532
GF,
Thanks for info.
Use very similar in up-trending market.
Interested if you have stop loss settings.
Guess you are basing it on ATR.
goldfinger
- 10 Jul 2011 15:54
- 1489 of 3532
Fred only trailing ones and sometimes when I go out. If Im intraday trading /scalping yes but otherwise..........
I reckon stops were made for MMs to make money and rob PIs of their money. Too often in volatile markets are price spikes taking positions out these days. The spikes are extreme and unfair.
goldfinger
- 10 Jul 2011 16:09
- 1490 of 3532
I do use a money management system on every trade I make and I base it on my overal capital at any one time. I use a 2% upper limit on any trade and use a numerical stop figure for each trade based on the risk I think I am taking.
I completly detach myself from the company Im trading after my initial research, Im trading a position not a company and therefore am prepared to take fast small loses and let winners run adding aggresively along the way. I usually hold anythimg between 3 days to 3 months, usually no more. Otheres hold a lot longer, it depends on what you like.
I m not bothered about the nos of postions winning / losing its the sterling return that counts. You could say have 20 losers one week and only 4/5 winners but those winners could generate a lot more than the money Ive lost from the losers.
The Kipper one system when back tested last time was knocking on the door of 9 winners to one loser but say if I was an inexperienced trader and had taken different trades from the daily list that obviouslyy would change.
I knock out oilys, natural resources bar gold, pharma, small illiquid stocks, large SP priced stocks and anything with a beta gretear than 1. Thats my style and then Im left with a short list to sift through.
Others have difffering styles, a chap on twitter just goes for the oileys and is doing very well out of the system.
Its what suits your individual style and personality.
Hope that helps.
Fred1new
- 10 Jul 2011 16:30
- 1491 of 3532
GF
Thanks.
I hold same opinion of spikes.
Whether in the ground or in the market.
Ps.
Have a pleasant evening.
jades101
- 10 Jul 2011 17:16
- 1492 of 3532
GF thanks for the additional info .... J
gracey
- 10 Jul 2011 19:36
- 1493 of 3532
GF thanks for your additional comments above. Just to complete my education on this as it were, I have been through Friday's Kipper System candidates and come up with the following shortlist:
ATK beta 0.62 S/L-729p
ABF beta 0.62 S/L-1072p
CMS beta 0.49 S/L-29p
BVIC beta 0.5 S/L-378p
PAG beta 0.75 S/L-184p
If I understand it right you then watch these Mon/Tue to see confirmation of change of trend and take a long position if this confirmed. Grateful for your comments.
leedslad
- 10 Jul 2011 19:42
- 1494 of 3532
ODX breaking out from a downtrend and indicators looking good. any thoughts?
goldfinger
- 10 Jul 2011 23:28
- 1495 of 3532
Yep the full list for longs being........
Search Criteria: Stocks (LSE); MACD; Bullish; Active Daily Events from 08 Jul 2011 to 10 Jul 2011.
Refine Search Add Alert
Symbol Exchange Name Event Action
SILD.L LSE Silverdell PLC MACD Event Lookup
MTL.L LSE Metals Exploration PLC MACD Event Lookup
CGH.L LSE Chaarat Gold Hldg Ltd MACD Event Lookup
HERS.L LSE Herencia Resources PLC MACD Event Lookup
ATKW.L LSE WS Atkins PLC MACD Event Lookup
SAA.L LSE M&C Saatchi Plc MACD Event Lookup
ABF.L LSE Associated British Foods PLC MACD Event Lookup
ALY.L LSE Laura Ashley Holdings PLC MACD Event Lookup
GL9.L LSE Glanbia PLC MACD Event Lookup
MEDIC.L LSE Media Corporation PLC MACD Event Lookup
FOOI.L LSE Fortune Oil PLC MACD Event Lookup
WEAT.L LSE ETFS Wheat ETC MACD Event Lookup
AIGA.L LSE ETFS Agriculture DJ UBSCI ETC MACD Event Lookup
LWEA.L LSE ETFS Leveraged Wheat ETC MACD Event Lookup
OBT.L LSE Obtala Resources Public Limited Company MACD Event Lookup
BULL.L LSE ETFS Gold ETC MACD Event Lookup
VNLq.L LSE Vinaland Limited MACD Event Lookup
PHAU.L LSE ETFS Physical Gold ETC MACD Event Lookup
AGAP.L LSE ETFS Agriculture DJ UBSCI ETC MACD Event Lookup
GBSx.L LSE Gold Bullion Securities ETC MACD Event Lookup
IDTP.L LSE iShares BC USD TIPS USD ETF MACD Event Lookup
CMS.L LSE Communisis PLC MACD Event Lookup
ZKMq.L LSE Zhaikmunai L.P. GDR MACD Event Lookup
FAGR.L LSE ETFS Forward Agriculture DJ UBSCI F3 ETC MACD Event Lookup
LBUL.L LSE ETFS Leveraged Gold ETC MACD Event Lookup
HOGS.L LSE ETFS Lean Hogs ETC MACD Event Lookup
BHGGx.L LSE BH Global Limited EUR MACD Event Lookup
HBR.L LSE Holidaybreak PLC MACD Event Lookup
ID2A.L LSE Indigovision Group PLC MACD Event Lookup
COPU.L LSE Circle Oil PLC MACD Event Lookup
BVIC.L LSE Britvic PLC MACD Event Lookup
EOG.L LSE Europa Oil And Gas Holdings PLC MACD Event Lookup
APT.L LSE AXA Property Trust Limited MACD Event Lookup
PARA.L LSE Paragon Group Of Co Plc MACD Event Lookup
For Shorts the list is........ (just use the short radio button rather than long one.....
Search Criteria: Stocks (LSE); MACD; Bearish; Active Daily Events from 08 Jul 2011 to 10 Jul 2011.
Refine Search Add Alert
Symbol Exchange Name Event Action
TRBG.L LSE Tribal Group PLC MACD Event Lookup
SHB.L LSE Shaftesbury PLC MACD Event Lookup
DLN.L LSE Derwent London PLC MACD Event Lookup
LSL.L LSE LSL Property Services MACD Event Lookup
RGD.L LSE The Real Good Food Co PLC MACD Event Lookup
STOB.L LSE Stobart Group Limited MACD Event Lookup
IPR.L LSE International Power PLC MACD Event Lookup
HMSO.L LSE Hammerson PLC MACD Event Lookup
VTU.L LSE Vertu Motors Public Limited Company MACD Event Lookup
ROSyq.L LSE Rostelekom ADR MACD Event Lookup
VTBRq.L LSE JSC Vtb Bank GDR MACD Event Lookup
RSL.L LSE Resolution Ltd MACD Event Lookup
SPT.L LSE Spirent Communications PLC MACD Event Lookup
MTO.L LSE MITIE Group PLC MACD Event Lookup
NCSPq.L LSE PJSC Novorossiysk Comm. Sea Port GDR MACD Event Lookup
SKP.L LSE SkyePharma PLC MACD Event Lookup
SWEA.L LSE ETFS Short Wheat ETC MACD Event Lookup
IBGX.L LSE iShares BC EUR Government Bond 3-5 EUR MACD Event Lookup
SBUL.L LSE ETFS Short Gold ETC MACD Event Lookup
IBGS.L LSE Ishares Government Bond 1 3 ETF MACD Event Lookup
IBCI.L LSE Ishares EUR Inflation Linked Bond ETF MACD Event Lookup
XGBP.L LSE db x-trackers STERLING MONEY MARKET ETF 1C MACD Event Lookup
IBGL.L LSE iShares BC EUR Government Bond 15-30 EUR MACD Event Lookup
DES.L LSE Desire Petroleum Plc MACD Event Lookup
EZJ.L LSE Easyjet PLC MACD Event Lookup
ASM.L LSE Antisoma PLC MACD Event Lookup
STIL.L LSE Stratex International plc MACD Event Lookup
SANq.L LSE Banco Santander SA MACD Event Lookup
GWP.L LSE GW Pharmaceuticals PLC MACD Event Lookup
GPOR.L LSE Great Portland Estates P L C MACD Event Lookup
GRF_u.L LSE Grafton Group PLC MACD Event Lookup
HAOG.L LSE Hardy Oil and Gas Plc MACD Event Lookup
RUR.L LSE Rurelec PLC MACD Event Lookup
Then up to individual to set their criteria for a stop if they use them and the stocks they like from the list.
goldfinger
- 10 Jul 2011 23:56
- 1496 of 3532
Gracey PAG no wouldnt fit the criteria for the system, MACD is above 0 line. Remember it has to be below 0. ABF simlilar......... above nil line.
My prefered choice would be ATK just the one from the full list, (note recognia sometimes gets the epics wrong).
Just to show why on the chart..........
This is the chart setting I use.........
And please remember just because you get a list it doesnt mean you have to trade. if the markets bad ...KEEP OUT.
goldfinger
- 11 Jul 2011 00:02
- 1497 of 3532
Forgot to mention aswel their is historical resistance on the chart at 800p so youd be watching very carefully coming up to this level.
goldfinger
- 11 Jul 2011 00:05
- 1498 of 3532
Leeds lad ODX looks OK from a tech point of view dont know about the fundys not my cup of tea mind as its too illiquid for my trading style. Cheers
Chris Carson
- 11 Jul 2011 07:12
- 1499 of 3532
Morning GF keen fan of your system. Cheers!
Noticed that Mitie (MTO) has appeared on the short list (literally). Watching this one to see if it stays in it's present trading range or finally breaks out on and upwards above resistance @ 240.0
Full year results due on Wednesday 13th. The only concern re - shorting is final divi payment due on 12th August as obviously dividend paying stocks sought after. For now placed a limit sell @ 229.0 spread bet, if triggered stop 242.0 target 200.0. Obviously with a spread bet don't want to be holding a short 12/8th so will be out of the trade regardless prior to that date.
goldfinger
- 11 Jul 2011 08:08
- 1500 of 3532
Streaming prices playing up for me this morning.
goldfinger
- 11 Jul 2011 08:56
- 1501 of 3532
Gone long of HGM. Gold stock play on back of Resurging Gold SP. Downtrend broken.
jonuk76
- 11 Jul 2011 13:48
- 1503 of 3532
GF, what is the reason for the low beta 'filter' on the system you use? Is it to find things that are less sensitive to wider market moves?
goldfinger
- 11 Jul 2011 15:25
- 1504 of 3532
Yep spot on Jonuk. Of course more aggresive traders could use a beta over 1.
Its what suits your trading/risk style.
goldfinger
- 12 Jul 2011 08:21
- 1505 of 3532
Looks like another red day. Wish the Germans would stop messing things up in the eurozone.
goldfinger
- 12 Jul 2011 09:07
- 1506 of 3532
Yikes, throw me that rope. he he.
KennyAce
- 12 Jul 2011 22:54
- 1507 of 3532
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