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DoctorT

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DoctorT
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  • Dear Mark D, Thank you1 I did it. Dr. T
  • Dear MarkD, Thank you for your reply! I know that volume is a key factor. But, going back to my question, to buy long calls that will be closed sometime between a week and a month, what timeframe for identifying the resistance level a priori do y…
  • Dear Imkwin, Thank you for your reply! How do you calculate the Gerald Appel's Magic numbers? Doctor T
  • Dear Mark D, Thank you for your reply! I did not mean to use SMA to identify S&R levels. I meant to ask if there was a way to use SMAs to actually draw straight S&R lines. I'll look into Price Channels. Doctor T
  • Dear Mark D, Thank you for your replies! I am going to do some backtesting. Doctor T
  • Dear Mark D, Thank you for your reply. Here's a thought. To select the stocks, I would run the following scan and save the results as a favorite list: //Scope [type = stock] AND [group is not ETF] AND [optionable is true] AND [country is US] AND…
  • Dear Mark D, Thank you for your reply. Lots to digest! My scan was based on the writings of Philip Thygesen of Stock Market Strategy, which stated (1) identify the bullish trend using a lagging indicator such as moving averages, (2) spot a breako…
  • Dear Mark D, Thank you for your reply. I was speaking of buying calls without owning the stock. Thus, I was speaking of buying calls. At first, I would just be looking for trends, not signals. Thus, I will follow your suggestion to use SMAs, no…
  • Dear Mark D, Thank you for your reply. Oops! I meant to identify stocks for which the closing share price crossed over the EMS (20) plus a percentage. I should have written [close X [EMA(20)*1.05]] Today I lowered the percentage to 3% and, to i…
  • Dear Mark D, Thank you for your reply. To limit the number of stocks, I'll use volume. Doctor T
  • Dear MarkD, Thank you for your reply. I'll look at (1) the IBD ranking, (2) the 5,1 Fast Stochastic indicator, and (3) the SCTR indicator. Of course you are right about buying stock calls. However, as a newbie, buying stock calls rather than buy…
  • Dear markd, Thank you for your reply! I viewed the SC video on how to upload symbols and stocks from a .csv file to a new chart list. Doctor T
  • Dear markd, Thank you! I'll check it out. Doctor T
  • Dear markd, Thank you for your reply. Bad news! Doctor T