Random Thoughts StockFetcher.

NOTE TO SELF: Doing a lot of research on StockFetcher and thinking that for 401k trading the RFR for Weekly Setups would be ideal.
http://forums.stockfetcher.com/sfforums/?q=view&tid=56077&start=300 // Weekly Swing
And for Day Trading/Swing:
http://forums.stockfetcher.com/sfforums/?q=view&tid=56077&start=20 // RUN FOREST RUN 1 day 8%
And for Breakout Scans:
http://forums.stockfetcher.com/sfforums/?q=view&tid=32303&start=0 // Raw Breakout

NOTE TO SELF: Three Steps
1. Find stocks that fit the RFR
2. Specify Entry Criteria: IE RSI(2) low, Pop OverDue 5days etc.
3. Specify Entry Price: IE 1st Green Bar on 30 Min and if not at open then set entry at day's high or using TRAVEL GUIDE.

Quote from TRO and SF People FYI For Future.
"What's your method for zeroing in on the three stocks you mentioned (RND, ABK, and PMI) from the Run Forest Run filter? And, what's your exit strategy that you use for stopping losses and protecting profits?
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I just look at the ones on top.

I look at the volume... don't like thinly traded stocks.

That's all there is. The filter does the work of selecting.

Now, trading... I use the TRAVEL GUIDE.

I like to trade the drop/bounce... I will wait for a drop to the drop target... that's the get ready. I use 30 minute candles... I WAIT FOR GREEN and then enter 1/2 the position. If it goes against me then I can average down and trade my way out. Just ask Chip... we chat on yahoo almost everyday during the market.

I don't use stops. I trade my way out.

I also will buy 1/2 position in the last hour of the day to see if I can catch the pop the next day. If they drop it, I'll add the other 1/2 position and catch the bounce and usually be able to exit with a profit ( sometimes I exit too soon like last week!) "

People ask how do I select what stocks to trade.

One way is to find the RFR stocks that have been beaten down.

RSI(2) below 5 does that.

Back test all you want but it's HOW YOU TRADE THEM that matters!!

1. Timing is everything. I use 30 minute candles. Don't go long if candle is RED.

GREEN - number of days out of last 100 where stock closed above open

B = BOUNCE ( low to close )

D = DROP ( open to low )

R = RUN ( open to high )

P = PULLBACK ( high to close )

Reporting the distance the price travelled as a percentage of the open price.

How to trade using the TRAVEL information?

Think about it...

Market opens, stock starts to move up and you enter...

Price reaches average RUN, time to sell part of your position to lock in profit.

Price stalls and you exit the rest.

Price now drops below open to the average drop, you enter part of your position because price stalls.

Price drops more, stops and reverses, you can enter the rest of your position or wait.

Price bounces back to average bounce. You exit again.

Two trades, both profitable, more than 2% gains.

Do this every day and YOU'RE RICH!

"As I was taught to do, I run the 8% up and 8% down filter every night,the high dayranger list every weekend, former runners I have learned (especially the lower float ones) I wait for green on these, hitting new high of day list,look at their volume and decide quickly whether to enter them or not.
These filters imo will be a great source for afterhours and premarket "news" stocks.If one high on the "runners" filter list is only up a few % before the open and I know it has run big in the past a few times this again will give me an edge I believe.

These filters I can study for the risk/reward potential and that is always my main goal along with an EDGE.""

WTF is the Muddy Zone?

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