Short Term Trading Week Starting: 5th Sept, page-457

  1. 4,708 Posts.
    lightbulb Created with Sketch. 197
    Thanks for the explanation. so each week this thread will be replicated but for the new week, with a new rolling 4-week leaderboard of gains? So essentially anyone who has multi-bagger or big gains over longer periods will just show up in the 12 months hall of fame, mountain climbers etc? Past the annual records it would be up to individuals to keep track of past tips if they hold past 12 months (although from a prior explanation it seems this forum is dedicated to 2 days up to 12 month holding periods?)

    Thanks @SectorLead . Hopefully one day if/when my experience has catched those here it would be great to compile an 'experience ' list of PE ratios. I know nothing is set in stone but general rules of thumb like the one you just gave me are always a good guide for the new investor who may not know the difference between a 9x pe ratio in one industry vs another (i.e. a high growth/tech industry)
    @TheArchitect

    Thanks for the advice. So it seems largely your analysis and musings on entry and exit points were purely technical largely? Or did you combine these with fundamentals? You make some good points. When you first started out though how did you comprehend out of multiple reasons or potential reasons which it could have been that caused them to either run or for where the decision went bad, why it went downwards? I assume it takes time before you notice a pattern and until then one does not know for sure whether they have identified the correct reasonings behind either the success or non-success of their decisions, or at least the reasoning behind movements until then?

    Your analysis of stocks therefore brings up a crucial question of mine with charting and software in terms of analysing. In the current it is easy to pull up comparable charts and to picture and interpret action now. But say one wanted to 'study' as you have described, and you had a few stocks back in March 2015 that you wanted to analyse. I haven't come across a chart that can 'whizz you back' to what you would have seen in your charting software form that point of view, rather than a hindisght chart that shows March 2015 (but also all of the subsequent movements).

    In other words I am wondering if there is a way to almost 'practice study' in the past. Or even "scan" for price patters and indicators in the past, make trading decisions (paper) and trace how they went?? Currently one can scan for indicators (to which is another question in itself, that I have to answer i.e. what indicators or trading strategy will I impliment to indicate an entry) but is there a way to do so in the past?

    It's almost more of a backtesting/practice study in the past, that I am wondering is possible? I am trialing incredible charts now due to its cheap feed, but previously was on IC Investor. I have seen insight trader and market analyst (i think that was the name) which allowed you to zoom in and out of timeframes quickly , whereas ones like incredible charts i found alot more robotic and not so pleasant to the user experience in quickly moving to old time periods.

    Some may display time periods in the past but the charts are "squeezed" into scale as they show the futur eprice action too. Whereas one viewing it as if they were ther eon that very day would have gotten the same price on their screen but a less condensed, 'in the moment' chart. Does that make any sense or have I just blabbered on with some silly references?
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.