- Use any of your favorite stock investing software. This example assumes excel based system.
- Calculate the lowest close for a stock in last 260 days. If a stock has less than 260 days data calculate lowest close for those many days.
- Calculate percent change from lowest close and select stocks which had 100% plus growth
- Find the highest price in the 100% move and only take stocks which are within 25% of that highest price.
- So this is your trading universe of stock which have made significant move of 100% or more and are as of today within 25% of the high during the move
- Use a significant one day move scan on these stocks. e.g. say a 5% move ( 100 * (C - C1) / C1) >= 5 AND V >= 1000 AND V > V1)
- Buy next day with 1% risk and stop below the low of previous two days bar
- Trail with a stop
- If you get stopped buy again on next breakout
- Enjoy your profits
Tuesday, August 7, 2007
Find a Stock that moves 1500%
Instructions:
Copyright 2009 Stock Investing. Powered by Blogger
Blogger Templates created by Deluxe Templates
Wordpress by Nattywp
0 comments:
Post a Comment