Recent content by efficiency

Thank you for your response, Albert.

Does anyone know of a screener, preferably free, that will yield results for a very simple criteria, namely: 3 consecutive LOWER closing prices. Any suggestions would be appreciated.

Actually, it's one of the more important aspects. That's WHO you'll ultimately being selling to in theory. And.......they're slow moving prey with herding tendencies. Yes, too much is indeed a negative. Beyond 70% institutional ownership is saturation. Below 30% implies room to move.

Yeah, I use it. Pure mechanical. Turns capital 4 to 6 times per year. Suggest strict position size. Such as 1%/3 ATR. That in turn would imply some diversification as a result. Not all will work out, but you're essentially "invested" in the best (on paper) stocks in terms of both elasped...

Groupies ought to be able to spell the names of their idols...........CHUMP. Risk aversion. All humans are risk adverse to varying degrees. Hence the herd mentality. The problem is, rewards in life go to the risk takers. You cannot expect to engage in riskLESS transactions. SMALL losses...

There's little that's non-sensical about it. And rather than "add" to the nonsense, I was hoping for some expansion. Unfortunately, hope as a four letter word ,is being reinforced. As far as non-sense goes, both "chump" and "legendary" promote the flavor..........oops......excuse me, flavour.

A whopping 2700 posts in a mere 2 years is a reflection of .........something Socrate;. but, I highly doubt "it's" consistent and abundant profitability. Perhaps adhere to #15? Standard bolierplate BS to repeatedly cut & paste? And........... you're amazed? Does "it" reflect peristent...

A couple of pithy answers. Not that much of a surprise. And.........not too constructive. The fact of the matter is , a good portion of what I read on this fourm, is non-sense. Let's see, dream interpretation????? Well, hell, what about osmosis? Once again, each and every present and...

In the interest of self-awareness, the predator/prey scenario, the Pareto principle, and provide a little levity, forthwith is a list of investor and trader "classifications". We ALL fall into at least one category. 1. ETERNAL OPTIMISTS: Can't lose and IF losing, doesn't cut their losses...

ADX will peak and fade before price will. So will relative strength (underlying price divided by an index such as S&P 500 which neutralizing market influence out) Stops should NOT be easy to hit, meaning they will keep you in but get you out when the move/swing/trend has definitely changed...

OBV was developed by Joe Granville in 1962, a decade and a half before PC's. It served it's purpose in it's day, but assigning ALL volume to one direction or the other is crude at best. As such, it would only be useful toward long duration moves. You might be better served by running a...

Meaning no disrespect to LBR, she somewhat *******ized Taylor's work to some degree. George Douglass (that's right 2 S's) Taylor was primarily a floor GRAIN trader. No computers or charts involved. Just staying IN the moment with paper, pencil, and arithmetic. The only stock mentioned in his...

ENTRY Wilder's NET directional movement (DMI) positive. In other words, a rising DI + crossing above the falling DI- Filtering out false breaks by 1. Price above both 18 day and 50 day moving averages, and 2. Either a rising ADX............... or ADX < 20 EXIT Sell HALF of the position...

I don't trade Forex, but I do trade stocks. And...........I do some things manually., and I'm always looking for an edge(s). The Point & Figure Method (and the somewhat related Japanese 3 line break) have their place in trade selectiion and timing. Of course they're not preicse. They...