trade since they will be moving very fast. This is your decision; you may want to
wait for a pullback and a new entrance. These are the stocks that will move up all
day.
Rocket Theory With A Twist
posted on message board by Debbie Rogers
Description Rockets are those stocks that might shoot up in the open and possible carry on
through the day. Debbie Rogers supplied her version with a twist.
Description " Pre-market, I will look at the heat map and futures for a green and positive
trend
" From market open at 9:30 to 9:45 go to Wizetrade s G&L Biggest Gainers and
pick the first fifteen stocks and enter them into Wizetrade; look at the 15-, 30- and
60-minute charts for good angle and separation. If some of them don t meet the
criteria get more from the Wizetrade Biggest Gainers list. Try to fill the fifteen
Parameters are:
windows in Wizetrade unless you run out of time.
" Between 9:45 to 9:55 pick the one(s) that have the best angle and separation
Stocks: 1-15
in the 3-5-15-30- and 60-minute charts. Look for a fresh cross on the 3- and 5-
Volume: 800,000
minute charts. Why enter between 9:45 to 9:55? Because stocks tend to loose
Spread: .05
Default Sort: Percent some value the closer you get to 10:00 and you get a better ask price, then they
start back up right after 10:00.
" Exit before 11:00. Stocks tend to go flat and it s profit-taking time (just as be-
fore 10:00). Remain if your pick has solid-fuel tanks and it s unstoppable.
` " Exiting using the typical technique. If the 3- and 5-minute charts are tanking,
exit, or if the 15 is arching over to the 4-6 o clock angle, and the 30 min turned
red.
Finding Trades with a Little Homework
from a message from Patricia Valentine
Description Patrica Valentine uses a worksheet to select potential winners for the next trading
day.
Description After selecting the list of winners for the day, via Wizefinder, CBS Market Watch,
and Barcharts [barchart.com] (I personally only scan $1-$10 stocks with a 10%
gain as do many of us.) I cross check, select the top 25 or so, then I use the work
sheet. I collect the data for the worksheet from Yahoo Finance. I like to use an
average volume of greater than 500K however, sometimes I will go less if there is
good news or a good reason to consider a little lower volume. Then I look at the
historic price for stocks that are below their 50-day high; once again, I will some-
times trade those at their 50-day high if the news warrants it. I look at insider
buying, the message board (which usually is a lot of nothing to pay attention to,
but I do look), I look at the news (significant news goes under miscellaneous). The
selection process rules out low volume, and stocks at their 50-day high without
significant news. I plug the remaining into wizetrade and look for the rockets. I
then rate the wizetrade results on an scale of 1 - 10 (usually I just put that to the
left of the chart in the margin). My buy picks are the ones with the highest rating
on my list. I do miss sometimes, but on the whole it works fairly well for me.
Symbol Last Avg. Vo. Hist. Perf. Mess. Bd. Misc.
x
x
x
x
x
x
x
x
x
Fail-safe Method
(notes from the message boards)
Description The Fail-safe Method is
Failsafe Method
in use by several expe-
Timing Lights Direction Indicators
rienced traders with
3 8 12 60 78 135 90 Day
success. They caution
that this is strictly a day- Min min min min min min min
trading method. If you
are familiar with the 8
Steps to Success, or Failsafe Method/Alternative Settings
have not used the
Timing Lights Direction Indicators
Wizetade method suc-
4 8 10 78 90 180 Day Mth
cessfully after paper
Min min min min min min
trading for a month, this
method may not be for
you. It has been used
for both shorts and longs profitably. Trade in the direction of the D lights which
are the three longest minute lights. Use the lower minute lights, the T lights, to
time your fresh cross 8 minute fresh-cross entry or exit. Obviously, if the three
Wizemen are in sync with the D lights, you are far better off, but that is not a
requirement. Timing the entry or exit with the overall market s daily pivots is more
important. Once you are comfortable with going in the direction of the D lights
you can trade against them which is more risky but often very profitable. Remain [ Pobierz całość w formacie PDF ]