Candidates for 11/26/2007

Here is the list of my candidates for today. I will not trade all of those but will start watching them for short-term reversals.

Date Sym L/S Close MA(200) Vol MA(100) Reason
20071123 DSCM 2.975 2.88 270105 1
20071123 INSM .872 0.85 866652 1
20071123 MDVN 17.6 -1.00 285549 1
20071123 NTCT 10.2 9.48 302044 1
20071123 ONXX 53.07 33.67 1558911 1
20071123 OSTK 24.03 21.93 409859 1
20071123 SCON 5.87 3.66 1702734 1
20071123 TBSI 31.63 29.76 876570 1
20071123 XFML 5.97 -1.00 1156398 1

1. 5 Consecutive down days.
2. Volume is 30% over the 10-day moving average.
3. Volume is 70% over the 30-day moving average.
4. Volume is 50% over the 50-day moving average.

Happy Trading!

Candidates for 11/23/2007

Here is the list of my candidates for today. I will not trade all of those but will start watching them for short-term reversals.

Date Sym L/S Close MA(200) Vol MA(100) Reason
20071121 AME 42.58 39.11 521823 1
20071121 ARTC 53.61 47.35 500843 1, 2, 3, 4
20071121 ASPV 25.36 20.92 548212 1
20071121 ATPG 45.5 45.04 548328 1
20071121 B 30.86 29.27 544394 1, 2
20071121 CAF 46.47 44.43 429715 1
20071121 CAVM 22.76 -1.00 316787 1, 2, 4
20071121 CHTT 65.89 62.28 360480 1
20071121 CLMS 27.91 25.75 339370 1
20071121 COGO 17.41 17.31 461673 1
20071121 COL 70.46 69.74 916457 1
20071121 DEEP 6.26 -1.00 313146 1, 4
20071121 DSX 27.94 24.70 2411119 1
20071121 EAC 33.25 28.76 733211 1
20071121 ENG 9.78 9.55 259522 1
20071121 ESEA 13.51 13.43 316301 1
20071121 EV 41.67 40.58 1157201 1, 2, 3, 4
20071121 EXM 39.3 34.64 1092452 1
20071121 FCTR 28.34 24.26 296452 1
20071121 FWLT 133.66 101.13 2005928 1
20071121 GSIC 24.56 23.17 467531 1
20071121 GTLS 26.34 24.81 300931 1
20071121 HOFF 16.7 16.49 515968 1
20071121 HWAY 53 49.05 556025 1, 2
20071121 ICOC 10.47 9.73 382600 1
20071121 INSM .89 0.86 868294 1
20071121 JNS 29.39 27.39 3249915 1, 2, 4
20071121 KV/A 27.99 27.16 281568 1, 2, 3, 4
20071121 LAVA 13.39 13.20 543064 1
20071121 MDR 46.93 40.08 3054392 1
20071121 NBF 2.14 -1.00 250164 1
20071121 NFLX 21.55 21.36 1447085 1
20071121 NOC 78.22 76.99 1738419 1, 4
20071121 NTCT 10.26 9.47 302483 1
20071121 NTLS 26.89 24.79 317209 1
20071121 OI 41.51 34.58 1444182 1
20071121 ONXX 53.58 33.46 1555741 1
20071121 ORS 2.44 -1.00 277733 1
20071121 OSTK 24.66 21.90 412772 1
20071121 OXPS 27.84 25.36 903611 1
20071121 PAG 19.38 -1.00 711978 1
20071121 PAS 32.02 26.63 627433 1
20071121 PENN 56.89 54.27 720039 1
20071121 PZE 10.6 10.57 253636 1
20071121 SBNY 34.53 33.42 296219 1
20071121 SCON 5.96 3.64 1700901 1
20071121 SCUR 9.08 8.51 828255 1
20071121 SLAB 35.94 35.38 1083906 1
20071121 SQNM 8.75 5.39 471916 1
20071121 SUNH 14.93 14.40 398661 1, 2
20071121 TBSI 31.98 29.65 874796 1
20071121 TPX 29.36 29.05 1676230 1, 2, 3, 4
20071121 TRMB 34.85 33.01 919991 1
20071121 XFML 6 -1.00 1155573 1, 2
20071121 YGE 24.94 -1.00 2070478 1
20071121 YTEC 10.94 9.23 377619 1

1. 5 Consecutive down days.
2. Volume is 30% over the 10-day moving average.
3. Volume is 70% over the 30-day moving average.
4. Volume is 50% over the 50-day moving average.

Happy Trading!

Candidates for 11/21/2007

Here is the list of my candidates for today. I will not trade all of those but will start watching them for short-term reversals.

Date Sym L/S Close MA(200) Vol MA(100) Reason
20071120 ACTU 7.73 6.38 516403 1
20071120 AMB 59.19 58.34 939120 1
20071120 AME 43.31 39.07 520514 1
20071120 ARTC 56.39 47.27 494093 1, 2, 3, 4
20071120 ATPG 46.39 45.02 547317 1
20071120 BRKR 9.12 8.97 452537 1
20071120 CAVM 23.03 -1.00 312356 1, 4
20071120 CLMS 28.04 25.75 340423 1
20071120 COL 70.86 69.73 911241 1
20071120 CYD 9.68 9.55 357293 1
20071120 DRS 56.01 53.38 432435 1
20071120 DSX 28.83 24.64 2379835 1
20071120 EAC 34.06 28.73 734778 1
20071120 ENG 10.01 9.53 260348 1
20071120 ESEA 13.6 13.40 316284 1
20071120 EXM 41.24 34.52 1081523 1
20071120 FCTR 28.5 24.24 294353 1
20071120 FII 38.12 37.81 1166069 1, 4
20071120 GLNG 20.08 18.35 471898 1, 3, 4
20071120 HWAY 55.32 49.00 556907 1, 2, 3, 4
20071120 LWSN 9.38 9.36 2692924 1
20071120 NBF 2.2 -1.00 254879 1, 2
20071120 NFLX 22.63 21.37 1443585 1
20071120 NOC 78.81 76.97 1725431 1, 2, 3, 4
20071120 NUAN 18.63 17.35 2457671 1
20071120 OC 21.98 -1.00 786253 1
20071120 OI 42.19 34.49 1446355 1
20071120 OSTK 25.22 21.86 411204 1
20071120 PAG 19.78 -1.00 706693 1
20071120 PCL 41.85 41.22 1390221 1, 4
20071120 PENN 57.15 54.23 721797 1, 2, 4
20071120 PLD 65.99 64.11 2571684 1
20071120 PZE 10.82 10.58 254183 1
20071120 SLAB 36 35.37 1080995 1
20071120 TBSI 33.9 29.54 865271 1, 2, 4
20071120 TPX 29.81 29.03 1649544 1, 2, 4
20071120 TRMB 35.56 32.98 919983 1
20071120 VTA 15.54 -1.00 290099 1, 4
20071120 WMGI 25.54 25.09 349669 1, 2, 3, 4
20071120 XFML 6.25 -1.00 1146039 1

1. 5 Consecutive down days.
2. Volume is 30% over the 10-day moving average.
3. Volume is 70% over the 30-day moving average.
4. Volume is 50% over the 50-day moving average.

Happy Trading!

Candidates for 11/20/2007

Here is the list of my candidates for today. I will not trade all of those but will start watching them for short-term reversals.

Date Sym L/S Close MA(200) Vol MA(100) Reason
20071119 DCP 20.26 19.42 338329 1, 2
20071119 ENZN 9.16 8.38 694906 1
20071119 HUN 23.95 22.92 2658567 1, 2, 3, 4
20071119 OC 22.39 -1.00 782376 1
20071119 OI 42.21 34.40 1445703 1, 2, 4
20071119 TMRK 5.71 -1.00 260363 1, 2, 4
20071119 VLNC 2.12 1.38 377625 1
20071119 WMGI 26.12 25.07 335857 1, 2, 3, 4

1. 5 Consecutive down days.
2. Volume is 30% over the 10-day moving average.
3. Volume is 70% over the 30-day moving average.
4. Volume is 50% over the 50-day moving average.

Happy Trading!

Stops too wide and target too high

Recent KTC chartI don’t know if it’s worsened by the current market conditions and the really high volatility but I really feel like my stops are way too wide and my targets are too high. Look at this chart of a “successful” KTC trade(1), I noticed my stop could have been much tighter.

After analyzing several of my trades, I worry that my stop is way too wide. I was originally setting it much tighter but was getting annoyed seeing trends resume after I was stopped out and missing out on profits. But bottom line is my gains are fairly small, points wise, on each trade. If I only make as much as I risk on every trade, I am saying I can consistently make more winning trades than losing ones. Since I know this is not always the case and at times, I have only 40% winning trades, I might as well bring up my stop level to say 3%. Since I think I can capture, short-term, price gains of 4-6%, it puts me in place where even with 40% winning trades, I’m ahead of the game since I make more on a winning play than I lose on a losing play.

Those are all concepts I’ve read about over and over again but it’s never as clear until you recongnize them in your own trading.

(1) The chart is provided by StockTickr.com which is a great tool to track performance, adjust risk parameters and journal your trades.

Candidates for 11/19/2007

Here is the list of my candidates for today. I will not trade all of those but will start watching them for short-term reversals.

Date Sym L/S Close MA(200) Vol MA(100) Reason
20071116 DCP 20.91 19.39 343024 1
20071116 DPL 29 28.94 931994 1
20071116 DTV 23.87 23.73 6138718 1
20071116 ENZN 9.45 8.38 691625 1
20071116 RDEN 23.8 23.58 294531 1
20071116 WMGI 28.48 25.05 313286 1

1. 5 Consecutive down days.
2. Volume is 30% over the 10-day moving average.
3. Volume is 70% over the 30-day moving average.
4. Volume is 50% over the 50-day moving average.

Happy Trading!

Candidates for 11/16/2007

Here is the list of my candidates for today. I will not trade all of those but will start watching them for short-term reversals.

Date Sym L/S Close MA(200) Vol MA(100) Reason
20071115 BGY 16.2 -1.00 310930 1
20071115 CEDC 49.64 37.51 537592 1
20071115 CNQ 72.09 65.25 1989505 1
20071115 DCP 21.11 19.37 346918 1
20071115 DPL 29.01 28.94 931154 1
20071115 DTV 23.98 23.73 6136373 1
20071115 EIX 54.56 53.79 1921509 1, 4
20071115 ENZN 9.49 8.38 697031 1
20071115 PCZ 52.03 48.79 887045 1
20071115 TOT 77.99 75.26 2248158 1
20071115 TTPY 17.5 -1.00 338282 1, 2, 3, 4
20071115 WG 34.37 28.18 477641 1, 2, 3, 4
20071115 WMGI 28.54 25.01 311959 1

1. 5 Consecutive down days.
2. Volume is 30% over the 10-day moving average.
3. Volume is 70% over the 30-day moving average.
4. Volume is 50% over the 50-day moving average.

Happy Trading!

Candidates for 11/15/2007

Here is the list of my candidates for today. I will not trade all of those but will start watching them for short-term reversals.

Date Sym L/S Close MA(200) Vol MA(100) Reason
20071114 BPHX 16.45 11.74 514391 1
20071114 CNQ 74.39 65.14 1976494 1, 4
20071114 ENZN 9.53 8.38 704990 1
20071114 PCZ 54.26 48.72 881454 1

1. 5 Consecutive down days.
2. Volume is 30% over the 10-day moving average.
3. Volume is 70% over the 30-day moving average.
4. Volume is 50% over the 50-day moving average.

Happy Trading!