shillllihs
6,101 posts
msg #128133
- Ignore shillllihs |
4/24/2016 12:40:22 AM
Yeah, it's just no good. Forget it.
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johncoxme
12 posts
msg #128137
- Ignore johncoxme |
4/24/2016 1:34:33 PM
Analysis based on SD 200 day filter performance
Hold for 1 day: ave 1% gain
Hold for 2 day: ave 2% gain
Hold for 3 day: ave 3% gain
Hold for 4 day: ave 15% gain (ok this is weird)
Hold for 23 day: ave 55% gain
Hold for 48 day: ave 151% gain (this is nuts)
Hold to Current Day isn’t included here since the hold time is changing…
What this means is the average stock you buy for 50 cents trades about $1.51
48 days later
there are nearly 200 stocks (including ones appearing multiple times) that pop up in the course of 200 days
On day 1 of the hold 52% of stocks advance
By day 48 75% of the stocks advance
assuming you purchase $1000 worth of garbage every day the filter signals you average $2521 when you sell 48 days later (you more than double your money) - trading fees
all in? would you buy a stock like DELT (4/15)??
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ferndave
65 posts
msg #128138
- Ignore ferndave
modified |
4/24/2016 1:43:57 PM
Why limit it to under $1?
Are buys to be made the following day?
Levamit's filter has a hold time of only a few days. Have you backtested this to find a sweet spot for holding?
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shillllihs
6,101 posts
msg #128139
- Ignore shillllihs
modified |
4/24/2016 3:16:26 PM
I can't tell anyone how to trade but I would not go all in & would buy equal amounts as they pop up. At least 6 min.
I spent weeks refining this filter from what Levamit had, & .99 & below works best.
This in no way is the same as his method. I have often increased winnings by going back & buying
stocks that have been dropping. I just buy as they pop up.
Who says penny stocks are dangerous. There is an occasional stock like the current one that has not performed well but it's rare, that's why you should spread it out evenly.
My fav. Is that this caught Scss at .19 and it reached 34.
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dustinb
29 posts
msg #128140
- Ignore dustinb
modified |
4/24/2016 6:02:08 PM
Jeesh the numbers on the results, even though it could be a week or more without plays, are incredible. February results alone are nuts! I like it.
But explain this please shillllihs:
You wrote: My fav. Is that this caught Scss at .19 and it reached 34.
SCSS is a $20 stock, and therefore does not fit your filter, no?
And why would a stock that less than doubles be your "favorite" when some results are showing 300-500% gains in 8 weeks?
Whatever, the filter seems awesome and thanks for sharing,
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shillllihs
6,101 posts
msg #128141
- Ignore shillllihs |
4/24/2016 6:48:41 PM
No, back when it was on the chart, Scss was .19 cents. 170 x return.
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johncoxme
12 posts
msg #128142
- Ignore johncoxme |
4/24/2016 6:51:17 PM
SCSS fit the filter in 2009 and went up to mid 30s 3 years later.
The filter caught DELT at 80 cents after it had fallen from 28 in LESS than a year!! I’d be wary of recent IPOs.
The soul of the filter is the volatility at sub $1 levels. And one is a magic trading number. I’d say stocks below 1 are at least 10 times more volatile (weekly or monthly) as stocks trading above $1 (FINVIZ) , so if price becomes apocalyptic at these low levels (example ORIG an oil), there’s often a violent upward whip on any good news. ORIG and GALE are recent classic examples. I like these because they had volume and support. Brilliant filter, wouldn’t change it.
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shillllihs
6,101 posts
msg #128144
- Ignore shillllihs
modified |
4/24/2016 11:53:30 PM
Note, in 2008, 2009, there were 20-50 hits a day & usually 48 out of 50 ended up green.
So when the market goes south again, expect an increase in hits.
I've seen other penny filters but they all had real low volume & were inconsistent.
Brilliant filter to add to an arsenal.
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scott111552
173 posts
msg #128148
- Ignore scott111552 |
4/25/2016 8:59:59 PM
Inspired work, Shilllihs....Thanks for sharing.....
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fortyfour
189 posts
msg #128149
- Ignore fortyfour |
4/25/2016 10:46:54 PM
Past performance is no G. of future performance.
Extremely unusual 3 month move in energy/commodity arena.
Hindsight is no help. Anyone can see that.
Try this filter.
"Buy beaten down penny stocks/pinks in a once in ten years opportunity window."
Hint. Oil and China alignment have something to do with it.
Dont be fooled and lose your money on this garbage expectimg it to work like this again.
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