by Charles | Aug 24, 2006 | Markets
Here is an overview of the new items on my watchlist for today. I would consider these as long swing candidates. All these are symbols with very bullish outlooks on the weekly charts but are down on the short term. The plan is to wait for a reversal by flagging the...
by Charles | Aug 22, 2006 | Markets
This is actually written yesterday (08/21/2006) but only posted today. Here is the first chart I post. The chart is for UNT and was picked up in Worden’s TC using a triple-screen setup which involves Elder’s Force Index. UNT has been on a long uptrend...
by Charles | Aug 21, 2006 | Uncategorized
I just closed 4 more paper trades and I re-evaluated my current results. My PnL has just turned green which made me happy. My winning probabiliy is at 44% by my W/L ratio is at 1.23. Using the Kelly Criterion I get K% = 1.21 meaning I should not currently commit...
by Charles | Aug 11, 2006 | Markets, Misc
I unwound a bunch of positions I was paper trading and kept the bare minimum in my watch list. For now, I am tracking the symbols from the table below. Most of these where picked up on the triple-screen setup I mentioned earlier. Symbol Last Trade Change Volume KOSP...
by Charles | Aug 9, 2006 | Misc
Using the previously described setup, I have been making numerus paper trades to try and analyze the results. I am definitely not ready for active trading yet. My probability of for a win [p(W)] was only 0.42. I calculated my Win/Loss ratio value which was...
