Tuesday, December 21, 2010

从散户的角度比较一下IB和Scottrade (zz)

http://www.mitbbs.com/article_t/Stock/33198135.html

发信人: Kroll (e-shadow), 信区: Stock
标 题: 从散户的角度比较一下IB和Scottrade
发信站: BBS 未名空间站 (Tue Dec 21 18:41:57 2010, 美东)

纯粹自己经验,而且只适用于小散户。

交易费
股票,IB是100股0.50刀,Scott统一要7刀;对于小散户,要分批进货的,基本IB无佣
金的后顾之忧,因为一次order还是分几个order费用是一样的,Scott就差多了。

Option,IB是0.7-0.8刀一个,Scott要8快多外加每个1块多,贵多了。

交易品种
IB极其丰富,从外汇、商品期货、股指期货、股票、期权、涡轮、债券等等什么都有,
而且输入一些关键字后会自动跳出所有相关产品;Scott基本就是股票和期权,结果你
无从了解市场上各种各样的产品和交易工具,没有全局观,你也就很难做好股票投资。

交易类型
IB可以做各种组合,期权组合、股票加期权组合等,可以有效分配风险和收益,尝试各
种组合产品;Scott基本只有买卖股票,long期权,或卖covered call,太单一,不能
做spread。

保证金制度
IB执行的行业标准,有详细的表格,非常清楚;Scott经常有莫名其妙的规矩,比如最
近hold一个期权,快过期了,本来想没多少钱了就hold到过期吧,结果他在最后15分钟
前给你强制平仓了,而且还收了很高的手续费,结果那股票在最后15分钟彪了10%;IB
就不会,允许你hold到最后,然后ITM期权执行,如果保证金不够,在周一早上给机会
平仓,就算强制平仓也没有额外手续费。

执行能力
在一些重要市场时机,比如看好了要short,结果Scott就是没有,IB就可以。还有,盘
前盘后要单独下单,IB则只要在下单时选择一下就可以涵盖所有的时间,不论盘前盘后
,只要达到你的预设目标就能成交(有时交易机会就短暂地出现在这种时候啊)。

Order种类
IB的order种类特别丰富,可以设定比较复杂的公式来执行自己的设想,还有order隐藏
功能;Scott去年才开始增加了one cancels the other和one cancels all的品种。

资金进出
IB资金进出都可以用ACH,网上操作,出金的话,今天下指示,明天到帐;Scott呢,出
金还要发传真什么的,麻烦死了。

其他
比如更新税表什么的,IB都是网上操作,Scott非要邮寄,不接受传真、电邮,烦啊。
Scott老是吹嘘自己可以开国际帐户,外国人免税,其实又不是他的专利,IB也可以啊
,这是美国法律规定啊。

当然Scott也有一点点优势,比如没有最低管理月费(IB大概是十来块,除非每月佣金
在30以上),但这跟IB给散户投资者提供的全方位交易便利相比,算什么呢?

先想到这么多,总觉得Scott总是充分保护自己,然后把客户放在最不利的地位。除非
你资金大,在10W以上,不用margin,做中长期,一次买进后放个一年半载,否则还是
不要用Scott的好。

以上纯属个人经验和感觉。

Sunday, December 19, 2010

Ten Year Yields and SP500 (zz)

http://blog.afraidtotrade.com/comparing-ten-year-yields-and-sp500-during-recession-and-recovery/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+afraidtotrade%2FNRSd+%28Afraid+to+Trade.com+Blog%29&utm_content=Google+Reader

There’s two main ideas:

1. Ten-Year Treasury Note Yields (TNX) are strongly positively correlated (move in the same direction) with the S&P 500.

2. Treasury Yields have often shown a slight LEAD time (advance) at key turning points in the markets.


Remember, bond prices and yields are INVERSE, such that rising yields mean falling bond prices, and rising bond prices mean falling Treasury yields.

Investors can’t purchase YIELD but they can purchase bonds – thus the supply and demand relationship may make more sense if you look at prices instead of yields.

As in, when stock prices are RISING, investors typically sell ‘conservative’ bond positions to buy stocks, and vice versa, when stocks are falling, investors typically flee the risk in stocks to the safety in bonds.

Anyway, the Federal Reserve has created – or are trying to create – artificial DEMAND by purchasing bonds to drive yields lower.

Saturday, December 18, 2010

[股票]-反复只做一只股票 (zz)

http://hi.baidu.com/80player/blog/item/9158e186bf9bb923c75cc3e6.html

[股票]-反复只做一只股票
2009-08-01 20:28

其实,掌握好了均线理论就足够赚的盆满钵溢了;
其实,一年只买卖一支股票就够了;
其实,真的不要太贪,因为股市里的钱是赚不完的;
其实,真的不要太怕,因为股市是不会崩盘的;
其实,底部放量突破就应该关注了,不管是真是假;
其实,中线心态,重仓一支股,手里留点,逢高出点,逢低接点,滚动操作是上策;
其实,最管用的是技术指标的背离,而不是这个指标当前的数值;
其实,把大盘和个股的K线图叠加起来,就可以判断该股有无主力,主力强弱;
其实,敢于适时斩仓才是在这个场子里生存的根本;
其实,无论什么方法,你只要掌握了一种,就足够了;
其实,洗盘和出货最重要区别就在于一个量缩一个量增;
其实,在股市里,会休息的人才会工作,为了自己的钱袋而工作;
其实,如果你能做到“有风驶到尽,无风潜海底”,那你就会发现,其实,做股票是很轻松的!

一直以来总有两种想法在激烈的斗争:
1. 牛市只做一只股票. 这样总是感觉风险很大,万一自己拿的只是一只普通的股票,或者是只垃圾股票,那岂不是浪费了大好行情. 不但不攒钱,反而亏钱. 其实这种担心大可不必. 近日自己仔细分析了这轮牛市以来各个股票的涨幅,都可以得出一个结论: 只要是行业龙头股票,无论经过怎么洗牌,振荡,或者调整,最后都能跑赢大盘,获得可观收益. 当然如果大盘完了,估计再牛的股票也只能挣扎一下,走不出什么行情.

我的观察分析如下:以2006年9月27号开始统计(这轮牛市的大概启动位置), 到今天(2007.11.16日)为止各股的走势.

大盘(上证) 1725.04 5316.27 涨幅: 3.08 倍

各行业龙头股(本人认为的,现在是,以后可能还是的)
1). 钢铁: 000709 3.40 17.72 涨幅: 5.21 倍
2). 银行: 600036 9.47 40.47 涨幅: 4.27 倍
3). 地产: 000002 4.77 34.30 涨幅: 7.19 倍
000046 9.42 58.09 涨幅: 6.16 倍
4). 有色: 600432 13.61 93.84 涨幅: 6.89 倍
000960 5.26 67.50 涨幅: 12.83 倍
5). 煤炭: 000983 6.09 52.81 涨幅: 8.67 倍
6). 汽车: 600104 4.85 22.93 涨幅: 4.72 倍
7). 发电: 600550 8.65 41.84 涨幅: 4.83 倍
8). 家电: 000527 4.21 32.03 涨幅: 7.60 倍

注: (1). 本人另外几只龙头股,当时还没上市.兴业银行601166,中国人寿601628,平煤平安601666,天马股份002122,潍柴动力000338.
(2). 从上面统计可以明显看出,只要拿到,拿住一个行业龙头股,基本上收益都非常理想.
(3). 其中有色,煤炭和家电表现相对较好!

2. 另外一种想法是,多拿几只股票,或者做完一只再做另一只,同时依靠技术,不断操作,争取每次都能买进调整充分,快要启动的股票,然后在高位卖出其实. 罗嗦一大串,其实看了上面的涨幅就知该如何选择了. 这会是一种吃力不讨好的事情,而且风险明显比上面更大. 原因是我们总是很难把握好低点与高点,另外换股风险更大,往往换进了不涨,丢了的猛涨.

3. 既然确立大牛市只要重仓或者全仓持有一只行业龙头股票,就可以攒的足够,那么我们就应该致力于研究:什么样的股票是行业龙头股票,值得我们持有. 本人认为是龙头股的标准是:具有持续增长能力的公司,评价指标包括每股收益 ,净资产收益率 ,公司的成长性等综合考虑得到的.另外行业兴衰问题也是一个需要关注的重点,其实象钢铁,银行,地产都是国民经济的支柱产业,行业龙头股肯定能持续发展. 另外有色,煤炭等资源性股票,随着时间的推移,也越来越珍贵.另一类是消费品产业,象汽车,家电,发电设备,竞争非常激烈,然而强者恒强,管理,经营都非 常好的公司只能越来越强.

4. 再次评价一下美的电器(000527), 家电竞争非常激烈,这是众所周知,然而美的作为一个民营企业,连续15年盈利!现在仍然保持高速增长,今年前3季实现每股收益:0.79,今年前3季度净 利润比2006年全年增97.04%, 净资产收益率为23.18%. 可以说目前还处在高速增长的过程中.另外老何说美的电器作为美的集团的旗舰,是他的命根子,致力于做大做强,美的集团的优质资产也会不断注入美的电器公 司.另外美的集团力争到2010年实现1000亿的目标也让人充满想象.

最后引用大师(沃伦.巴菲特)的一句话: 你必须有耐心。你买一家公司的股票,应该打算永远拥有这一股票。你不应随大流而动。你如果对公司的判断正确且在适合的价位进场,你最终会看到股票价值。

ITMN 今天一个股票期权赚 十数万美金的故事 (zz)

http://www.mitbbs.com/article_t/Stock/33194923.html

更正:楼下同学指出有计算错误导,特此修改致歉。本人没有买,就是听到这个事件,也不是鼓励买药股。

itmn 从50美金跌到 8块钱 有好几个月了,今天有好消息支撑,马上强劲反弹,加上庄
可能故意在oe day 出这个消息,call 今天差不多大约涨了 1500倍,看你什么价位,基本上就是大约昨天买500块美金 ,今天可以进账十几万。印象里只有好多年前回克一夜赚 300万的故事可以相提并论。那也是件轰动华人炒股界的盛事。

几个附加的故事 --
故事一:这个股从50跌到8块钱那天,群里一个哥们 买put ,结果真的没过FDA 爆跌,那天他赚了 16万美金 。

故事二: 那天还有一个哥们在42块钱进场买了 2000股, 结果悲剧了,还好他爸
爸有钱 ,他账户里最后2万都all in 当晚他在8块多买进 2000 股 ,随后就是傻傻的
等,,,他每天来群里第一句话就是:今天itmn 怎样?,,,日复一日一直到今天:
今天套利获利4万多。

故事三:今天看到几位大胆的哥们在30左右卖空它 ,结果很悲剧。

故事背景:此股原本是铁定过FDA 起码投票也是7比3,所以一个不过,忽然悲剧,很多
大庄,大基金都给套的死死的。这种股抓住机会庄就要往死了搞回本,如果反弹,不要
轻易去空。否则死的很难看。

我修改一下 声明:本人没有买,就是听到这个事件,纯粹看戏,只是说明来源是在群里亦不需要青蛙抬轿子。难道我告诉你我在路边听的?本文只是说明故事,并非叫大家去抬轿这种价位的股票,本人不买。此价位也不是靠区区你我或者mit 的就可以抬的起来?看看股版多数人都是在玩什么价位的股票就明白。

mitbbser的总结,相当好!(zz)

http://www.mitbbs.com/article_t/Stock/33194051.html

To everybody here. Wish you merry Christmas and a happy and prosperous new
year.

这周到今天清除了所有的Positions,账户All Cash。安心过节了。

炒股到现在,账户YTD增加 +102% 今年四月以前账户起起伏伏,始终是一个range。甚是痛
苦,后来发愤学习Mechanical Trading,自己研究出几个指标,终有回报,账户算是直
线稳定上升了。现在想来,赚多少没什么,没有比稳定盈利更让我快乐了。

知道这里的很多人跟我一样,有痛苦有挣扎,也有很多的IDs让我获益匪浅,先把我的
最确定而重要的感悟交代一下,也算是对贵版的回报吧。

1 Market is not always tradable。 我原来不管什么样的Market,总是喜欢交易。所
以每天不能空闲下来,老是下Order,结果在choppy market的时候,总是亏,而在
Trending Market的时候总是蝇头小利,账户不涨,性情起伏大。还交可观的Broker 交
易费。 后来静下来细细一看,发现了这一规律。当market带量进入一个低点,而前期
已经有一个低点时,就是个进场做多的时机。现在我还不能有把握确定什么时候
是市场的顶部。所以系统做空还没法说,待以时日希望以后能明白。

2 股票的趋势是以量价转换的形式来改变的。特别是个股,这一点尤其明显。所以我研
究的几个趋势跟踪指标,就是个结合量价及其变动的。一般而言,股票底部时散户
Panic式的爆量;而股票经过持续上升一段时间(两星期到几个月),最好出现新高,
如果某日突然爆量而当日股价是Distributed的,则就是一个可靠的顶部,可以放心做
空。所以每天可以根据自己的触发信号来自动搜索

3 严格按自己的交易类型的Setup来进行操作(plan your trade and trade your plan
)。当然这些交易Setup必须是经过自己Backtest过的。很多时候看到一些股票大跌或
大涨就盲目加入,往往是亏钱的买卖。

4 将自己失败的交易记录下来,研究交易前后10天的Intraday的走势图,可以发现一些
重要的线索以避免今后少犯同样的错误。我可以负责任的说,这一点对自己的交易进步
特别大。系统的完善主要就是靠这一点来完成的。

以上几点是真金白银换来的教训,虽然看起来不是新的东西,但对我是实在的。希望对
大家有益。

最好恭祝股友来年多多提灯!

Wednesday, December 15, 2010

Hindenburg Omen


This pattern is triggered today!

The Hindenburg Omen is a technical analysis pattern that is said to portend a stock market crash. It is named after the Hindenburg disaster of May 6, 1937, during which the German Zeppelin Hindenburg was destroyed.

http://en.wikipedia.org/wiki/Hindenburg_Omen

website with tons of stock books to download

good website!

http://cid-1ceecd7f7f5c8564.office.live.com/documents.aspx

Saturday, December 11, 2010

Secrets of the 52 Week High Friday Rule

http://broadcast.ino.com/education/52weekhighfriday_dest/?blog1210

rule 1: On a new 52-week high, when the market closes at or close to its high on a Friday, buy long and go home for weekend.

rule 2: Exit the long position on theopening the following Tuesday.

rule 3: If the market opens lower on Monday, exit this position immediately.

The 52 Week High Friday Rule works extremely well in futures and in Forex.

Tuesday, November 30, 2010

3X ETF

ETF Daily News Notes Some Popular Related Leveraged ETFs:Direxion Daily Financial Bear 3X Shares (NYSE:FAZ), Direxion Daily Financial Bull ETF (NYSE:FAS), Direxion Daily Real Estate Bear 3X Shrs (NYSE:DRV), Direxion Daily Real Estate Bull 3X Shrs (NYSE:DRN), Direxion Daily Small Cap Bear 3X Shares (NYSE:TZA), Direxion Daily Small Cap Bull 3X Shares (NYSE:TNA), Direxion Daily Large Cap Bull 3X Shares (NYSE:BGU), Direxion Daily Large Cap Bear 3X Shares (NYSE:BGZ), Direxion Daily Energy Bull 3X Shares (NYSE:ERX), Direxion Daily Energy Bear 3X Shares (NYSE:ERY), Direxion Daily Emrg Mkts Bull 3X Shares (NYSE:EDC), Direxion Daily Emrg Mkts Bear 3X Shares (NYSE:EDZ).

Monday, November 22, 2010

CPC Call/Put Ratio

when CPC <= 0.80, 17 out of 21 times (81%) a red day the next day.

http://stockcharts.com/charts/gallery.html?$CPC

Sunday, November 21, 2010

Market Breadth Indicator - Bullish Percent Index

Market Breadth Indicator - Bullish Percent Index

http://patientfisherman.blogspot.com/

In short, Market Breadth Indicators tell us the underlying strength of the market or any given index. Stockcharts.com describes the Bullish Percent Index as:

The Bullish Percent Index (BPI) is a breadth indicator based on the number of stocks on Point & Figure buy signals within an index. Because a stock is either on a P&F buy or sell signal, there is no ambiguity when it comes to P&F charts. This makes BPI a straightforward indicator with clearly defined signals.


Basically, you are watching for the daily index line to cross over or cross under the 10 day moving average. When the you get a cross above, you would move in to the market, cross under you move back into cash.

You can watch the indicator for all of the major indexes:

$BPCOMPQ - Nasdaq
$BPNYA - NYSE
$BPSPX - S&P 500
$BPINDU - Dow

Saturday, November 20, 2010

Introduction to the VIX ETF (zz)

http://etfdb.com/2010/vix-etfs-crushed-by-contango/?utm_source=feedburner

VIX ETFs: Crushed By Contango

Four Attributes to an Explosive Stock Move (zz)

http://patientfisherman.blogspot.com/

What makes a stock move up rapidly versus some other stock that is a dead fish? Below are four attributes of a stock possibly starting an explosive move.

Volume - Above average volume tells you there is heighten interest in the stock for the day. Compare today's volume against a given time period to see if the stock is up on higher than average volume. Normally, I use a 50 day average volume indicator.

Price - While today’s price matters, it has more meaning in the context of the price action today compared against the past week, month, or year. Depending on how a stock moves today compared against those time periods, you can get a shift of expectations from the market.

Low Float - This is one of the secret ingredients that can propel a stock faster than others. Float is the number of outstanding shares available to the public for trading. Less supply combined with more demand will drive a stock price higher and faster. Why is there more demand? At some point, there is a Shift in Expectations for the stock.

Shift in Expectations - A Shift in Expectations from the market is what drives a stock from a sideways or neglected price pattern to an uptrend. A shift in expectations can occur from news driven events like earnings or simply from the stock making a new high.

For instance, if I’m watching Stock A which has been consolidating for 4 weeks and suddenly it breaks out of that pattern on above average volume, my expectation for that stock has just changed. I’m sure other traders that were watching the stock had a similar shift in expectations.

While there can be news driven events that can cause a Shift in Expectations, the truest indicator is volume and price and how they are acting compared against different time frames.

Price and Volume act as a predictor of increased demand. Many times, price and volume will pick up before the news event occurs. If you’re waiting for a news event you can miss a majority of the move because many times it will be priced into the stock.

A few other items that can cause a Shift in Expectations are earnings guidance, sector strength, or a new ETF coming out around a specific sector (example: Mining and Minerals). The shift can occur from things that seem mundane at first glance, so focusing on the price action of individual stocks can keep you attuned to where the money is flowing.

In the end, the Expectations for a stock are what drive price higher. At some point a shift has occurred where market participants think the stock is worth more than what it was yesterday. Whether their hypothesis is true does not really matter, it is causing more demand for the stock. Things like earnings surprises or guidance can tell us why, but in many cases the moves are more subtle and you have to rely on price and volume for the clues.

Wednesday, November 17, 2010

Trading rules

http://www.quicktradesblog.com/2010/01/trading-rules.html

What rules/conditions do you trade by? They may not be written down or recited but chances are there are some things one tends to follow when trading.

Although I have not been trading for long I try to strictly adhere to guidelines I have either established from my own mistakes, saw happen to others, or in some cases read about. For those individuals who learn by doing things (kinesthetic learners) sometimes you have to lose money to learn from it. A select number of traders were lucky to meet someone who could teach and guide them. From my experience these people still make mistakes but typically fewer unless they also picked up bad habits. Lastly people that learn by seeing or hearing may have picked up things from reading or some other combination of things. There are many ways we develop these rules we trade by and for many reasons.

Now some of you may wonder why I writing such a post. Well, today was a day where I failed to follow my guidelines. Therefore I think recalling what I can and sharing them with you, the reader would not only benefit you but myself as well.

1)Plan the trade before you initiate it. These things could include: where to enter, stop loss, when to take profit, how many shares, any other elements of the technical picture, and many others things. This is critical because once one enters a trade it can cloud your judgement. Paper trading is one thing but when your actually in a trade things may become altered: maybe you'll be too greedy, or use a set a generic set of parameter which may not be appropriate for the stock, or take money off too soon. Being impulsive is a dangerous thing so make sure you know what you're getting into. The same goes with anticipating a trend and entering early. Don't go in until your sure from your review everything is in place.

2)Don't jump on the bandwagon. Just because someone is entering a trade and they have a really good record doesn't mean it can't go bad, everyone makes mistakes. Do your analysis first and then decide if its applicable to you.

3)Once your stop(s)/exit plan is in place do not change it. This was one I learned the hard way back about 5-6 months. The stock (SCLN) started heading down and the trend was breaking down (I didn't see this at the time) and I cancelled my stop. A few days later the stock plummeted and I took the biggest loss of my life.

4)Do not add to a losing position. If the cost of a security is less than what you payed do not increase the size of your position wait till the stocks is moving in your favor then you may consider adding. This again another I learned from first hand experience.

5)Do not play earnings. There are too many factors that could cause the price of something to differ from its earnings results. If anything play the hype and sell before earnings.

6)Anything can happen. Just because your analysis points to a uptrend/downtrend/etc there is always the possibility for failed signals. Nothing is certain remember it is called an edge for a reason. This point is out of a book I finished last week. Trading in the Zone by Mark Douglas. In his book he mentions the five fundamental truths:

Anything can happen
You don't need to know what's going to happen next to make money
There is a random distribution between wins and losses for any given set of variables that define an edge
An edge is nothing more than a n indication of a higher probability of one thing happening over another
Every moment in the market is unique
Douglas's book is about the psychology of trading and I would recommend it to anyone.


At this time I can't think of anymore guidelines I use but these are the ones that most frequently come up.

Tuesday, November 16, 2010

Time to go shopping (zz)

Time to go shopping

http://www.gicharts.blogspot.com/

Buying the following ;
Citigroup Inc ( C )
Bank Of America Corp ( BAC )
Ishares emerging markets ETF (EEM)
Direxion Daily Finan. Bull 3X ETF (FAS)
Alcoa Inc ( AA )
iShares Trust FTSE China ( FXI )
Hope to buy more on an oversold/spike down
The bull market is intact , normal pull back after a steep uptrend.
And yes, Ireland will be saved ; Europe's credibility is at stake

Sunday, November 14, 2010

俺理解的FA和TA的本质区别 (zz)

发信人: fyang1024 (阿飞正赚), 信区: Stock
标 题: 俺理解的FA和TA的本质区别
发信站: BBS 未名空间站 (Fri Nov 12 05:26:19 2010, 美东)

在FA的人看来,TA的交易行为是荒唐的;在TA的人看来,FA的人买卖行为是不靠谱的。

TA的人的典型交易行为是,在一支股票10块钱时不买,而等股票涨到12块时买入了,等
涨到14块时加仓了,这时候FA的人就会嘲笑:你看当初你在10块钱时全仓,现在得多赚
多少啊。哪怕你在12块时满仓也好啊,非要等到14块才满仓,太笨了。

FA的人的典型买卖行为是,一只股票因为一个坏消息,从50块暴跌到30块,FA的人觉得
市场上的人都是傻子,这支股票明明值45块的(根据他的计算),买入,结果股票继续
跌到20块,FA的人认为这个市场疯了,心想如果自己是巴菲特就把整个公司就买下来,
但是手头的钱已经套进去了,剩得不多了,但还是买了一些。这时TA的人觉得FA的人脑
子进水了,当初跌破30块正是做空的时候啊,怎么这家伙反而做多了?

刚才说的是现象。
FA的本质是静态的看待一支股票,是一种价值决定论、股票宿命论,所以FA通常不设止
损的,运气好的能回本,运气不好的割肉割在地板上;而TA的本质是量子论,认为未来
是多种可能性的集合,未来的可能性随着事态的发展而不停地变化,合格的TA总是设止
损或止盈的,并且随着价格的变化不停的调整止盈或止损的,因为未来是不确定的。

本人是坚定的TA,如果有对FA有啥误解的地方,欢迎指正。

----------------------------------------------------------

FA不是不止损,而是根据基本面止损,而不是根据股价止损。另外FA最重要的一个赚钱
依据是公司的良好管理是可以持续的。举个例子,公司因为不可预见的一个重大损失股
价下跌,跌破TA提供的止损价,但FA认为公司管理没有问题,股价暴跌反而提供了良好
的入场机会。

------------------------------------------------------------


FA显然不是静态地看公司,而是看不断变化的股价是否符合公司在不断变化的市场环境
下的各种senario下最有可能实现的市场价值。
“一支股票因为一个坏消息,从50块暴跌到30块”显然是因为这个消息使得大家期望中
的公司前景有所变化,positive senario实现的概率大大降低,而negative senario实
现的概率大大上升。如果市场上全是TA的话,那任何消息都不会影响股价了。做FA的目
的就是分析再更新了你对公司的认知以后,量化这个坏消息到底对公司的影响是-20%(
买入),-40%(持有)还是-60%(卖出)。

巴菲特也会高买低卖的,比如COP,因为他认为油价暴跌以后市场的负面变化比公司股
价的下跌幅度更大。但我们不把这个叫做“止损”,如果当时COP跌得少一点的话,他
只会卖得更多而不是更少。

------------------------------------------------------------

不同的人有不同的TA,
不同的庄用不同的方法操盘,
相同的庄不同的方法操作不同的股票,
相同的庄对同一只股票在不同的时期用不同的方法操盘。
俺认为TA非常的科学,精确得让人惊讶

-----------------------------------------------------------

Thursday, November 11, 2010

http://tradingstockz.blogspot.com/?expref=next-blog

Tuesday, November 9, 2010

zz 对预测股票走势的一些想法及操作手段

对预测股票走势的一些想法及操作手段

zz from http://mylittlestock.blogspot.com/2009_10_01_archive.html


假设股票市场的变化是一个平稳随机过程,那么它就具有遍历性,也就是各态历经过程。各态历经过程的每个样本都经历了随机过程的各种可能状态,任何一个样本都能充分地代表此随机过程的统计特性。

简单一点说,就是你能预测明天,你就能预测后天,那个MACD曲线就是根据这样一个假设。

反过来讲,如果股票市场的变化不是一个平稳随机过程,你不能预测明天,也就不能预测后天,整个市场都是无法预测的。

当然概率论是从赌博的方法发展而来的,数学基础不是太牢固,我的印象中主要靠契比雪夫(Chebyshev)的几个不等式撑着,可能不准确,有大侠对此有异议,我也无话可说。

即使股票市场的变化不符合平稳过程的定义,但其中某只股票在某一段时间内变化还是很有可能符合广义平稳过程的定义的,在此区间之内,符合此前提假设的那些曲线指标和秘籍系统可能会有效,出了此区间自然失效。

所以股票走势短期预测的成功率要远大于长期预测的成功率,单位时间距离越短,预测的成功率就越高。。。。。

至于为什么有人会觉得,股票走势是可以长期预测的,那是因为股票走势的统计特性的重复率很高,高到只分为牛市和熊市的地步,而且就像冬天和夏天的区别那样明显。

但是,你不是因为夏天过去,就确定冬天会来到,而是因为温度持续在零下时,符合冬天的定义了,才确定冬天来到了。
比如《后天》里持续低温,那就一直是冬天,没有夏天,也没有人知道什么时候冬天会过去,直到气温升高。

同样原理,当股票持续下跌时,你才确认是熊市;当股票持续上涨时,你才确认是牛市。而不是牛市过去,你就确认熊市来到了

然后就发现自己无意中证明了两种现象
一,那些做毫秒级别的daytrading的公司能挣钱,而且是下单的速度越快,挣钱的概率就越大,所以他们才比着采用最先进的巨型计算机系统。

二,顺势而为是正确的的操作方法,因为你先要确定冬天来了,才可以穿上羽绒服。


这个方法很牛,值得一试,就是不知道可以一次上多少。

以上DAY TRADE ACCOUNT 主要采用 RSI, ERGODIC, Elliot Osciallator,Williama % 作为 INDICATORS。基本方法是: 在ERGODIC,ELLIOTOSCILLATOR, WILLIAM% 于五分钟图上都到达顶部的时候 进入(买PUT),在 WILLIAMS% 到达底部 COVER, 不管 其他INDICATOR是否已经到底部。 反之则做CALL。
这次到佛罗里达学习,老师的方法也很好,是在MACD和ERGODIC 都冲破中线就进入,出去则不看任何 INDICATOR,及时套利。




其实我今天发的帖子就证明了这个方法为什么会有效。

ERGODIC——就是遍历性的,各态历经性的意思。
MACD和ERGODIC就是基于概率论中的随机过程理论的假设建立的公式曲线!

所以,当某只股票在某一段时间内变化符合广义平稳过程的定义时,在此区间之内,符合此前提假设的那些曲线指标(MACD和ERGODIC)可能会有效,出了此区间自然失效。

所以,股票走势短期预测的成功率要远大于长期预测的成功率,单位时间距离越短,预测的成功率就越高,所以要及时取利,下单速度越快越好。而且这个方法对随机性越强的股票越有效,换句话说就是交易量特别大的股票,所以AAPL,SPY的option都是备选。



1)
以上DAY TRADE ACCOUNT 主要采用 RSI, ERGODIC, Elliot Osciallator,Williama % 作为INDICATORS。基本方法是: 在ERGODIC,ELLIOTOSCILLATOR, WILLIAM% 于五分钟图上都到达顶部的时候 进入(买PUT),在 WILLIAMS% 到达底部 COVER, 不管 其他INDICATOR是否已经到底部。 反之则做CALL。
这次到佛罗里达学习,老师的方法也很好,是在MACD和ERGODIC 都冲破中线就进入,出去则不看任何 INDICATOR,及时套利。
2)
偶不止损,但偶TAKE LOSS。 除非TRADE EMIN 指数,MM 不能看见你的ORDER。 不然,让人看见你的STOP ORDER 不好。
3)
RSI (7,14)。5分钟图。 尤其是 RSI 出现正背离,反背离的时候,再加上其他几个INDICATOR 的合作,就是做好的入场时机。。

这位14年的老手进化出来的东西还是值得一看的。泉女士的操作风格根我很像,有非常好的入场信号,一招吃遍,cut loss 但不设止损。区别在于我不用她那4个指标。不过我好像说过,不同的指标描述同一个东西,所以会有某个时刻,大多数指标指向同一个方向,那就是套利(统计意义上的套利, statistical arbitrage)的时候。

(zz) 我是如何判断大盘走势的(一)—VIX指数

我是如何判断大盘走势的(一)—VIX指数

突然发现有朋友是用拨号上网来看我的博客的,经济危机,大家都不容易啊。
所以我决定写一些容易上手的技巧,来帮助炒股的朋友,或者说是不得不炒股的朋友。

VIX是COBE市场波动指数的意思,和市场的option的价格是密切相关的。他们之间的关系是vix指数高,option的价格就高,此时卖option就比买option赚钱的概率大。如果vix指数低,option的价格就低,此时买option就比卖option赚钱的概率大。

VIX的升高和降低,决定了我在股票市场中是以买option的策略为主还是以卖option的策略为主。

既然是市场波动指数,VIX的升高和降低实际是由大盘的波动决定的,大盘方向明确的时候,VIX指数就低;大盘方向不明确的时候,vix指数就高。就目前来说,vix指数下降的很快,说明市场的对大盘的方向的看法趋于一致,大盘向上的概率要大于向下的概率。

下面的链接是dow30和vix的三个月走势比较图。从图上可以看出来他们之间的关系。
http://ca.finance.yahoo.com/q/bc?s=%5EVIX&t=3m&l=off&z=m&q=l&c=indu

以上是我对vix的简单理解,希望朋友们给予批评指正。

www.stockta.com

花一分钟找到股票的支撑位和阻力位。

1。 在地址栏输入www.stockta.com

2。 在此网站首页上输入你想查的股票代码

3。这支股票的所有阻力位和支撑位就会显示在屏幕的左边了。


一只股票的阻力位和支撑位可以做为你的止赢和止损的价位的参考。

Sunday, November 7, 2010

CIEN

CIEN

38.2% = 14.41;
(MA 50) = 14.45;
(MA 200) = 14.63;

or maybe retrace

Thursday, November 4, 2010

ER on 1st week of Nov,2010

Some companies of interest reporting this week:
Monday: ACOR, AGN, BHI, CTSH, CTB, ICE, JKS, APC, ESLR, EXTR, WFR, NTRI, and VMC.

Tuesday: ADM, BP, CLX, COCO, K, NYX, CECO, CQB, ERTS, HTZ, LEAP, MYGN, TEVA, OPEN, STEC, and WYNN.

Wednesday: ANR, ASCA, CVS, GRMN, JRCC, MGM, TAP, Q, TWX, CELL, FRPT, ROCK, JCOM, QCOM, MELI, MUR, PRU, SWIR, THQI, WBMD, and WFMI.

Thursday: APA, BDX, CVC, CBOE, CCOI, DTV, RAIL, PCS, ZEUS, SMG, TWC, UPL, USM, WWE, AMLN, BEBE, NILE, CEDC, CF, FLR, FTEK, HANS, JDSU, MCHP, SBUX, and SVNT.

Friday: BZH, BAM, CEP, DISH, SATS, FIG, FWLT, FCN, NVAX, PXP, SOL, and YRCW.

Wednesday, November 3, 2010

炒股炒的是心态!( zt顺其自然)

<>序:股市如水,变化无常,而赚钱有方。投资非赌,将炒为赌者,久之必输。炒者,火候也,时机也;火候不对,若炒菜,则或生或糊无以下口;若炒股,则损兵折将苦果难尝。拼拼杀杀,杀杀拼拼,斑斑血泪,血泪斑斑,方悟赚钱之道,只有一方:低进高出,高出低进,如此而已!阴阳相生而相克;跌到极低,阴尽而阳生;涨至极高,阳老则阴胜;物极必反,势所使然。若层峦叠嶂,若深涧幽谷,颠倒翻覆,妙用无穷。像那熊熊牛牛,空空多多,追涨杀跌,杀跌追涨,殚精竭虑,玩那针尖削铁的游戏,长赚久赢者,鲜之有也。炒股所恃者,实力也。偕大资本之实力者,所谓庄家也。庄家者,兴风作浪,翻手云雨,压低拉高,拉高压低,多来杀多,空来杀空,真真假假,假假真真,虚虚实实,实实虚虚。他有计划知实情,随心所欲;你无方略被玩弄,处处陷阱!故绝大多数股民,其亏钱也必;宰的就是你,赚你没商量!而于小资本之股民者,所恃者,唯智慧也。智慧者何?有三也。首曰资金管理,风险控制。每只进股当适量。何谓适量?睡得安稳,错亦无碍也。但有资本在手,就可重整旗鼓,再败再战,总有出头之日。最误人者,重仓出击,犹嫌不足,赌徒心理,借钱炒股,其取败也速,破产之捷径也。不知大千股海,潮起潮落,机会无尽,来日方长,何必在一次一时!二曰策略得当,只做自己能理解的。武当少林,无谓短长。你玩你的,我玩我的。只要赚钱,就是好股!又不是觅夫人寻相公,谁管他绩优或绩差,股小又股大,古狗苹果蓬皮查,消息满天好还差!如你见一群狮子老虎在打架,我不信谁会去挽袖掳拳瞎参乎,何不让那些大鳄巨鲨自搏杀,任我等逍遥自在赚易钱,沽酒钓鱼做神仙。三曰技术,勤练自精。譬如剑术,一招一式,比比划划,功到自然成,把您那熟悉的类型搞精熟,就想不赚钱他也难。之后再慢慢扩展地盘。所以说股市如战场,要深挖洞(多钻研)、广积粮(积经验)、高筑墙(防风险)、缓称王(稳赚赚稳),人生原来都一样!日积月累,自然精熟,经验老道,方能达到“稳、准、快、狠”,手不乱动,大脑先行,以至于心手合一的境界。炒股最忌者蠢贪二字。蠢者,术不精也,眼不明也,心无定也,手乱动也!(有几个炒股生涯没骂过自己猪头的,请举手!)贪者,明明到顶,不肯撒手;明明快马难追,仍然大举抢进;明明跌跌不休,仍然心存侥幸。何也?往往因蠢而生贪,因贪而更蠢,无以自拔。究其原因,一乃经验不足,不懂技术,不识水性。认真学习,不断练习,时日一长,自然提高。二乃心态不正,其最突出者,以炒股为赌博,只望一夜暴富,何曾付出辛苦!不知凡任何事,要想成功,都得努力,都得专业一点。另一不正心态,乃凡稍有挫折,即灰心丧气,颓萎不知所措,岂不知神仙也是凡人做,只是凡人心不坚!当再鼓精气,继续努力。又则忍不得,一点耐心也无;凡股价稍稍偏离,不去仔细分析,即慌慌逃出;本来好股,只赚小钱,甚至亏损。等股价再升,又悔之莫及,匆忙又进,反而被套;这时他倒又不止损,却去固守,幻想反弹。如此反反复复,一年到头,不亏才怪,白忙白了少年头。凡此种种,不一而足,皆成魔障,阻人成功。故更上层楼,大智慧者,则曰心态,曰中庸,曰不贪婪;曰忍,曰顺其自然,顺势而为;曰股票非股非非股,曰心中无股,曰非股票动,乃尔心动;曰人生,曰哲理,曰祸福相倚;曰月白风清,花是红的叶是绿的,曰修心养性。。。如此者再三,而仙道成也。仙者,不贪也,无争也,胜人不如超越自我也;恬淡者,心态也,不强求也,适可而止也,得失一笑,得是经验,失是学习也。歌曰:老君八卦炉中炼,阴阳火候都齐全;烟熏火燎成金睛,点石变金一指仙。石者,何也?垃圾也,彼弃之者,吾取之也;变废为宝,彼求之者,吾与之也,赶快拿去!正所谓,两只投资眼,一片济人心;悟者自悟,不悟者不悟。悟了的,慧眼独具石变金,日日清闲自在;不悟的,盲目从众金当砖,时时苦眉愁脸。咦!股海无边,性定是岸。性定则心明,心明则智慧生,智慧生则股股像如歌之行板,笔笔是精彩的华章。正所谓会的不忙,忙的不会;股市无常心有常,赚钱有方胜无方!此为之序。贻笑大方,权为一哂。

Monday, November 1, 2010

W. D. Gann Gann market forecasting methods

William Delbert Gann (6 June, 1878 – 14 June, 1955 - also known as W. D. Gann), was a finance trader who developed the technical analysis tools known as Gann angles, Square of 9, Hexagon, Circle of 360 (these are Master charts) and more importantly, he foretold wars, disasters, elections, market collapses and prosperity, tops and bottoms months (years) in advance. Gann market forecasting methods are based on geometry, astronomy and astrology, and ancient mathematics.[1][2] Opinions are sharply divided on the value and relevance of his work.[3] Gann wrote a number of books on trading.

WD Gann Theory and Elliott Wave Trading
http://www.acrotec.com/

http://blog.wdgann.com/

W.D.Gann Free Lesson 1 from YOUTUBE
http://www.youtube.com/watch?v=tygO5awbG88

Sunday, October 31, 2010

Biotech Calendar: Key Dates for November

http://www.thestreet.com/story/10905165/biotech-calendar-key-dates-for-november.html?obref=obinsite

Oct. 29 - Nov. 2:

The American Association for the Study of Liver Disease annual meeting. Hepatitis C drug research from Vertex Pharmaceuticals(VRTX_), Merck(MRK_), Gilead Sciences(GILD_), Idenix Pharmaceuticals(IDIX_), Pharmasset(VRUS_), Bristol-Myers Squibb(BMY_) and others.

Nov. 2-6

American Society for Human Genetics annual meeting.

Nov. 3

Dendreon(DNDN_) reports third-quarter financial results.

Nov. 4

FDA drug approval decision for Cadence Pharmaceuticals'(CADX_) Ofirmev for fever and pain indications.

Nov. 7-11

American College of Rheumatology annual meeting.

Nov. 9

Vical(VICL_) investor/analyst day.

Nov. 9-13

Chemotherapy Foundation meeting. (Cancer drug research)

Nov. 12

Human Genome Sciences(HGSI_): Release expected of FDA's briefing documents on the lupus drug Benlysta in advance of the Nov. 16 advisory panel meeting.

Nov. 13

American Heart Association annual meeting.

Nov. 16

FDA advisory panel meeting for Human Genome Sciences' lupus drug Benlysta.

MELA Sciences(MELA_): Release expected of FDA's briefing documents on the MELAFind skin cancer detection device in advance of the Nov. 18 advisory panel meeting.

Nov. 16-19

EORTC-NCI-AACR International Symposium on Molecular Targets and Cancer Therapeutics.

Nov. 17

Medicaid/Medicare reimbursement review meeting for Dendreon's Provenge.

Nov. 18

FDA advisory panel meeting for MELA Sciences' MELAFind.

FDA approval decision date for Amgen's(AMGN_) Prolia to treat bone complications due to cancer therapy.

Friday, October 29, 2010

Technical Indicators and Overlays

A good list and explanation of most Technical Indicators and Overlays

http://stockcharts.com/help/doku.php?id=chart_school:technical_indicators


Overlays

Bollinger Bands - A chart overlay that shows the upper and lower limits of 'normal' price movements based on the Standard Deviation of prices.
Ichimoku Clouds - A comprehensive indicator that defines support and resistance, identifies trend direction, gauges momentum and provides trading signals.
Keltner Channels - A chart overlay that shows upper and lower limits for price movements based on the Average True Range of prices.
Moving Averages - Chart overlays that show the 'average' value over time. Both Simple Moving Averages (SMAs) and Exponential Moving Averages (EMAs) are explained.
Moving Average Envelopes - A chart overlay consisting of a channel formed from simple moving averages.
Parabolic SAR - A chart overlay that shows reversal points below prices in an uptrend and above prices in a downtrend.
Price Channels - A chart overlay that shows a channel made from the highest high and lowest low for a given period of time.
Volume by Price - A chart overlay with a horizontal histogram showing the amount of activity at various price levels.
Volume-weighted Average Price (VWAP) - An intraday indicator based on total dollar value of all trades for the current day divided by the total trading volume for the current day.
ZigZag - A chart overlay that shows filtered price movements that are greater than a given percentage.


Indicators

Accumulation/Distribution Line - Combines price and volume to show how money may be flowing into or out of a stock.
Aroon - Shows whether a stock is trending or oscillating.
Average Directional Index (ADX) - Shows whether a stock is trending or oscillating.
Average True Range (ATR) - Measures a stock's volatility.
Bollinger Bands %B - Shows the relationship between price and Bollinger Bands.
Bollinger BandWidth - Shows the distance between the upper band and the lower band. .
Commodity Channel Index (CCI) - Shows a stock's variation from its 'typical' price.
Chaikin Money Flow (CMF) - Combines price and volume to show how money may be flowing into or out of a stock. Alternative to Accumulation/Distribution Line.
Chaikin Oscillator - Combines price and volume to show how money may be flowing into or out of a stock. Based on Accumulation/Distribution Line.
Detrended Price Oscillator (DPO) - A price oscillator that uses a displaced moving average to identify cycles.
Force Index - A simple price-and-volume oscillator.
MACD - A momentum oscillator based on the difference between two EMAs.
MACD-Histogram - A momentum oscillator that shows the difference between MACD and its signal line.
Money Flow Index (MFI) - Combines a stock's 'typical' price with its volume to show how money may be flowing into or out of the stock.
On Balance Volume (OBV) - Combines price and volume in a very simple way to show how money may be flowing into or out of a stock.
Percentage Price Oscillator (PPO) - A percentage-based version of the MACD indicator.
Percentage Volume Oscillator (PVO) - The PPO indicator applied to volume instead of price.
Price Relative - Technical indicator that compares the performance of two stocks to each other by dividing their price data.
Rabbitt Q-Rank - Paul Rabbit's proprietary indicator that rates a stock based on technical and fundamental factors.
Rate of Change (ROC) - Shows the speed at which a stock's price is changing.
Relative Strength Index (RSI) - Shows how strongly a stock is moving in its current direction.
Slope - Measures the rise-over-run for a linear regression.
Standard Deviation (Volatility) - A statistical measure of a stock's volatility.
Stochastic Oscillator - Shows how a stock's price is doing relative to past movements. Fast, Slow and Full Stochastics are explained.
StochRSI - Combines Stochastics with the RSI indicator. Helps you see RSI changes more clearly.
TRIX - A triple-smoothed moving average of price movements.
Ultimate Oscillator - Combines long-term, mid-term and short-term moving averages into one number.
Williams %R - Uses Stochastics to determine overbought and oversold levels.


Market Indicators

Introduction to Market Indicators - An in-depth introduction to popular market indicators found on StockCharts.com.
Arms Index (TRIN) - A breadth indicator derived from the AD Ratio and AD Volume Ratio.
Advance-Decline Line - A cumulative breadth indicator derived from Net Advances.
Advance-Decline Volume Line - A cumulative breadth indicator derived from Net Advancing Volume.
Bullish Percent Index - A breadth indicator derived from the percentage of stocks on PnF buy signals.
High-Low Index - A breadth indicator that shows new highs as a percentage of new highs plus new lows.
McClellan Oscillator - A MACD type oscillator of Net Advances.
McClellan Summation Index - A cumulative indicator based on the McClellan Oscillator.
Net New Highs - A breadth indicator showing the difference between new highs and new lows. Percentage, cumulative and smoothed versions can be used.
Percent Above Moving Average - A breadth oscillator that measure the percentage of stocks above a specific moving average.
Put Call Ratio - A sentiment indicator found by dividing put volume by call volume.
Record High Percent - A 10-day moving average of the High-Low Index, which is a breadth indicator.
Volatility Indices - Indicators of implied volatility designed to measure fear and complacency for a range of indices and ETFs.

炒股获利自我总结1

看了一些图,发觉这是一个好方法,参考来源MITBBS 大夫LEXIAN方法。这种方法适合短线炒作,1天到2天。很有可能刚买就涨,但是第二天就跌。因为这个方法就是ELLIOTT WAVE理论,在WAVE4下降过程中的底点买入,炒WAVE5。

1。大盘趋势是上涨的,个股也是上涨趋势。
2。先看日线图确定涨势,然后在30分钟图(因为是做短线),在MACD两条线快要结合处(必须是蓝在下,红在上,这样蓝线将要突破红线),slow stochastic线走到低点(蓝线向上将要突破红线),这时就是买入点上涨。注意参考VOLUME.
3。具体何时买入,看5分钟图,直到2分钟图,按照2买入。
4.注意一定要是股票涨势的时候用这个方法。因为跌势时,有些上升是下降过程中的RETRACE.

以后需要解决这个问题:通过什么indicator可以知道wave4上升的力量,看momentum?

ANSWER:

Tuesday, October 26, 2010

some readings

一、指数平滑异同移动平均线MACD

  1.什么是MACD指标

  指数平滑异同移动平均线,英文:Moving Average Convergence Divergence,简称MACD。它是以快速及慢速移动平均线的交叉换位、合并分离的特性,来分析、研究股市中、长趋势的指标,从而决定股票买卖的时机。

  2.计算公式

  ①设置快速、慢速移动平均线。一般快速设置为12天(12EMA),慢速设置为26天(EMA)。根据不同习惯,也有将快速、慢速设置为其他天数。

  ②今日EMA=昨日EMA+平滑系数×(今日收盘价-昨日EMA)

  ③平滑系数:12EMA平滑系数为0.1538;26EMA平滑系数为0.0741。

  因此:

  12EMA=昨日12EMA+0.1538×(今日收盘价-昨日12EMA)

  26EMA=昨日26EMA+0.0741×(今日收盘价-昨日26EMA)

  ④计算离差值DIF。DIF=12EMA-26EMA

  ⑤计算MACD。一般以9日为周期,平滑系数设置为0.2。

  则今日MACD=前9日MACD+0.2×(今日DIF-前9日MACD)

  ⑥离差柱线=DIF-MACD

  3.运用MACD一般原则

  a.需要配合其他技术指标和股市的其他因素共同研判来决定投资行为。

  b.如果DIF为正值并向上接近MACD时,说明行情好转,可适当建仓。如果DIF为负值并向下接近MACD时,说明行情转空,可以考虑平仓。

  c.MACD和DIF应配合观察股市。当MACD和DIF都即将向上越过0轴线时,说明行情好转,可适当建仓。当MACD和DIF都即将向下接近0轴线时,说明市场抛盘压力大,可以考虑平仓。

  d.如果DIF和MACD向上突破0轴线空间很大后,说明买盘很大,此时股民注意不要贪心,适当控制购股节奏。如果DIF和MACD向下跌破0轴线空间很大后,说明卖盘很大,股民要考虑股价底线可能来临了,应考虑低价购进些股票。

十一、强弱指标RSI应用之招

  1.什么是RSI指标强弱指标RSI(亦叫相对强弱指标)是利用一定时期内平均收盘涨数与平均收盘跌数的比值来反映股市走势的。“一定时期”选择不同,RSI选用天数可为5天,10天,14天。一般讲,天数选择短,易对起伏的股市产生动感,不易平衡长期投资的心理准备,做空做多的短期行为增多。天数选择长,对短期的投资机会不易把握。因此,参考5天、14天的RSI,是比较理智的。当然股民也可以自己选择更适合自己操作的天数。

  2.计算公式

  RSI=100-(1001+RS)

  相对强度(RS)=一定时期收盘指数涨数的平均值一定时期收盘指数跌数的平均值

  3.分析RSI要领

  a.必须配合其他技术指标共同研判股市走势。

  b.RSI选取时间可长可短,但短时间(RSI1)应定为5天或6天,长时间(RSI2,RSI3)定为10天,24天。通常短期QRSI值起伏大,长期LRSI值规律性强。

  c.RSI值升到70%以上时,追涨要小心,最好应沽出股票。RSI值降到20%以下时,应调整心态,考虑适时进货。

  d.快速QRSI向上穿越慢速lRSI,应买入。反之卖出。

  e.注意走势背离情况。股价升,RSI弱,说明买力不强,应卖出。股价跌,RSI强,说明买力强,可持仓。


十二、威廉指标应用之招

  1.什么是W%R指标威廉指标是通过某一周期(一般定为10日或14日)内最高价与周期内最后一天的收盘价之差再与周期内最高价和最低价之差进行比值计算,从而及时观测股市超买超卖信息的一种技术分析指标。

  2.计算公式

  威廉价格指标W%R,是以股价为计算依据。W%R=(14日内最高价-今日收盘价)(14日内最高价-14日内最低价)×100%设定周期为5日、12日或14日,此处设14日。可以设一个短期5日的W%R,配合14日的W%R共同分析。

  3.分析W%R要领

  a.必须和其他技术指标配合研判,不得单一作决策。

  b.W%R值的波动区间是有0~100范围内。一般经验可证,当W%R值趋近80%甚至超过80%,说明股市处于超卖状态,有可能会见底反弹,因此,投资者可择机而动,适时买入部分股票。当W%R值趋近20%甚至低过20%,说明股市处于超买状态,有可能见顶下跌,因此,投资者不可再盲目的追涨,应停止买入行为,适时卖出部分股票。

  c.50是W%R的中轴线,当W%R值从80%向下穿破50后,说明股价处于上升阶段,一旦接近20%以下时,应考虑卖出。反之,W%R从20%向上趋近50时,说明股价开始下跌,一旦穿过50,接近80%以上时,再建仓。

  d.如果W%R值已进入超买区但却僵持不动时,说明行情仍有一段坚挺期,投资者可与其共同坚持,择机决定买卖行为。一旦发现W%R值掉头向上,应考虑卖出。同样,当W%R值在超卖区内僵持不动时,投资者也可适当坚持,择机而动。一旦发现W%R冲向下方,应考虑买入。根据经验,W%R向上触顶四次,第四次是良好买点;向下触底四次,第四次是良好的卖点。


十四、随机指标KDJ应用之招

  1.什么是随机指标KDJKDJ是通过计算一定时间内的最高价、最低价和收市价间的波幅,反映股价走势的随机指标。通常适用短线投资者参考。

  2.计算公式

  周期定为9天,K值D值均定为3天,表示方法是:“随机指标(9,3,3)”。

  第一步:计算RSV值,即计算周期内“未成熟的随机值”。周期一般定为9天。RSV=(今日收盘价-9日内最低价)(9日内最高价-9日内最低价)×100%

  第二步:计算K值,K值一般定为3天。当日K值=当日RSV值×13+前一日K值×23第三步:计算D值,D值一般定为3天。当日D值=当日K值×13+前一日D值×23第四步:计算J值。J值=3K-2D

  3.分析KDJ要领

  a.KDJ指标是短期技术指标,但也需配合其他技术指标共同研判股市走向。

  b.KD活动范围限定在0~100的区间内。如果KDJ值都处于30%以下,说明股市的底部已经形成。当K值大于D值,K线从下方突破D线时,预示行情可能上涨,可以考虑买进股票。反之,如果K值和D值都处于70%、80%以上时,K线从上向下跌破D线,表明行情转跌,此时可以考虑卖出股票。投资者需慎重行事,不可再追涨。

  c.如果J值跌为负值,考虑建仓比较安全。如果J值在100%以上,而且KD值已经开始疲软,此时您要有提前平仓的意识。

  d.当股价被连续层层拔高,而KDJ值长期都处于高位时,这预示着股市行情要转向下跌,投资者要警惕行情的突变。

十五、收盘动态指标ROC应用之招

  1.什么是ROC指标收盘价是股价一天交易后的最后终结价格,其参考意义很大。因此,ROC指标就是反映当日收盘价与某一天收盘价之间的差异增减率,为我们分析收盘股价变动提供参考。

  2.计算公式

  ROC=[(今日收盘价÷N天前收盘价)-1]×100%

  N天一般设在12天。

  3.分析ROC要领

  a.必须配合其他指标共同分析。

  b.以O线为中轴线,ROC有上穿越O线的迹象,可考虑买进股票。ROC有下穿越O线的迹象,则考虑卖出股票。如果ROC长期在0轴线以下,可以考虑建仓。如果ROC长期在0轴线以上,要保持警惕,随时准备平仓。

  c.以O线为中轴线,ROC上下设置若干档压力线和支撑线。其压力线和支撑线设置的距离根据情况来定比例,比如10%、20%或逐渐递增。当大盘处于强势,其个股的ROC越过第一档压力线,可考虑继续持仓。当大盘强势有所减缓,其个股的ROC越过第二档压力线,甚至越过第三档压力线接近第四档压力线时,可要警惕,考虑准备平仓。反之,当大盘处于弱势,其个股的ROC跌破第一档支撑线,可观察准备建仓。当大盘弱势有所减缓,其个股的ROC跌破第二档支撑线,甚至跌破第三档支撑线接近第四档支撑线时,可考虑建仓。

第二节 黄金定律

  一、神奇数字

  13世纪的意大利数学家斐波纳奇发现了神奇数字。即:1,2,3,5,8,13,21,34,55,89,144……这些数字的前两个之和,等于后一个数字。如:1+2=3;2+3=5;……55+89=144……神奇数字更神奇的是:

  1.前一个数字与后一个数字比,比率趋于0.618034……(无理数)。如:1÷2=0.5;2÷3=0.667;3÷5=0.6;5÷8=0.625;8÷13=0.615;……89÷144=0.618……

  2.后一个数字与前一个数字比,比率趋于1.618。如:5÷3=1.667;8÷5=1.6;21÷13=1.615;89÷55=1.618……

  3.相隔两位的数字相比,比率接近0.382和2.618。如:8÷21=0.381;13÷34=0.382;21÷55=0.382;21÷8=2.625;43÷13=2.615;55÷21=2.619……

  4.0.382×0.618=0.236

  从以上计算可以看出,神奇数字基本是围绕0.382和0.618发生各种变化,从而衍生出其他的数字,如1.618,2.618,0.236,……因此,股市的涨涨跌跌也与神奇数字有关。

  二、黄金定律

  该定律(也称黄金分割率)认为,任何长度的单位进行分割,0.618和0.382的神奇数字是一个分割点,在这分割点上会产生黄金效果。

第十三节 葛兰比法则

  一、基本概念

  葛兰比通过对股价和成交量关系研究后,提出了价量之间的法则。我结合中国股市实际情况,进一步阐述为:

  1.价升量增。如果股市经过长期一轮下跌后企稳,此时股价上升,成交量也上升,意味着股市由空头态势转为多头态势。股民可以考虑建仓。如果股市经过长期一轮上升后不太稳定,此时股价继续上升,成交量也继续上升,要警惕股市可能由多头态势转为空头态势。股民最好提前平仓。

  2.价升量平。如果股市经过长期一轮下跌后企稳,此时股价上升,成交量平衡,意味着股市逐步由空头态势转为多头态势。股民可以考虑建仓。如果股市经过长期一轮上升后不太稳定,此时股价继续上升,成交量平衡,要警惕股市在高位盘整后可能由多头态势转为空头态势。股民最好提前平仓。

  3.价升量减。如果股市经过长期一轮下跌后企稳,此时股价开始小幅上升,成交量还在减少,意味着股市底部基本形成,空头态势转为多头态势指日可待。股民可以考虑建仓。如果股市经过长期一轮上升后不太稳定,此时股价继续上升,成交量开始减少,要警惕股市可能由多头态势转为空头态势。股民最好提前平仓。

  4.价跌量增。如果股市经过长期一轮下跌后企稳,此时股价还在小幅下跌,成交量开始小幅上升,意味着股市由空头态势转为多头态势。股民可以考虑建仓。如果股市经过长期一轮上升后不太稳定,此时股价开始暴跌,成交量却大幅上升,要警惕股市可能由多头态势转为空头态势。股民最好提前平仓。

  5.价跌量平。如果股市经过长期一轮下跌后企稳,此时股价还在小幅下跌,但成交量处于平衡,意味着股市底部基本形成,空头态势将转为多头态势。股民可以考虑建仓。如果股市经过长期一轮上升后不太稳定,此时股价开始暴跌,成交量虽然平衡,也要警惕股市可能由多头态势转为空头态势。股民最好提前平仓。

  6.价跌量减。如果股市经过长期一轮下跌后企稳,此时股价还在小幅下跌,成交量也还在小幅下跌,意味着股市底部将要形成,空头态势将转为多头态势。股民可以考虑建仓。如果股市经过长期一轮上升后不太稳定,此时股价开始暴跌,成交量开始减少,要警惕股市可能由多头态势转为空头态势。股民最好提前平仓。

  7.价平量增。如果股市经过长期一轮下跌后企稳,此时股价处于平衡,成交量开始小幅增加,意味着股市底部将要形成,空头态势将转为多头态势。股民可以考虑建仓。如果股市经过长期一轮上升后不太稳定,此时股价高位平衡,成交量增加,可稍微观察一段,但要警惕股市可能由多头态势转为空头态势。股民最好提前平仓。

  8.价平量平。如果股市经过长期一轮下跌后企稳,此时股价处于平衡,成交量也处于平衡,意味着股市底部将要形成,空头态势将转为多头态势。股民可以考虑提前建仓。如果股市经过长期一轮上升后不太稳定,虽然此时股价高位平衡,成交量高位平衡,要警惕股市可能由多头态势转为空头态势。股民最好提前平仓。

  9.价平量减。如果股市经过长期一轮下跌后企稳,此时股价处于平衡,成交量还在小幅下跌,意味着股市底部将要形成,空头态势将转为多头态势。股民可以考虑建仓。如果股市经过长期一轮上升后不太稳定,虽然此时股价高位平衡,成交量高位减少,要警惕股市可能由多头态势转为空头态势。股民最好提前平仓。m

Stock books Megaupload link

My stock book 1

http://www.megaupload.com/?d=B78FB1RW

SONS chart on 10252010


Monday, October 25, 2010

stock to watch on Monday 10/25/2010

stock to watch on Monday 10/25/2010


1. SONS

2. KTF

3. MI

4. EGO

Sunday, October 24, 2010

Essential readings I recommend for trading (zz)

From http://realmarkettrend.blogspot.com/
Monday, August 23, 2010

Essential readings I recommend for trading
Some readers asked my advice on choosing books for trading. Therefore, this post is dedicated to commenting on some master piece that I highly recommend.

John Murphy's Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications (New York Institute of Finance) is the essential reading for beginners. As the bible of technical analysis, it educates traders on stocks and futures trading. It not only includes crucial topics on traditional trend analysis and pattern recognitions, but also features new material on candlestick charting, inter market relationships, stocks and stock rotation.

Charles D. Kirkpatrick II 's Technical Analysis: The Complete Resource for Financial Market Technicians is a superb book for intermediate or advanced level traders. Charles Kirkpatrick II, CMT, the author, a Wharton graduated professor have decades of experience in using and teaching technical analysis on the college level. There are extensive statistics on trading patterns included in this book. This books has all the technical analysis information you need, on top of that it also extends to cover topics on cycles, Elliott wave, Fibonacci and Gann. system design and testing, and money management.

Steve Nison's Japanese Candlestick Charting Techniques, Second Edition provides in-depth candlesticks analysis in a very easy to understand English. It covers all the candlesticks patterns you need to know for trading. Japanese has been using candlesticks on rice trading centuries ago, and things exist for a reason. I found that by using candlesticks techniques in my trading system, I can identify trend reversals in a much more timely manner. Western technical analysis system is a must have for traders, however, with the help of candlesticks it can immediate boost your skillset up 3 levels.

Alexander Elder's Trading for a Living: Psychology, Trading Tactics, Money Management is based on three M’s: Mind, Method, and Money. As a phsyciatrist, Elder explains technical terms in a very vivid and humorous way. With his lively explanation of the hard to understand technical terminologies, you can grab the concepts much easier. I have to admit that Elder's wirting is music to my ear.

Alexander Elder's Come Into My Trading Room: A Complete Guide to Trading takes you far beyond the three M’s This essential book educates the novice and gives more power to the professional through expert advice, proven trading methods, and something entirely unique–a visit to Dr. Elder’s own trading room. "Trading is the most exciting activity that a person can do with their clothes on. Trouble is, you cannot feel excited and make money at the same time." A cool mind is crucial for anyone who want to be successful in the market, and this book is the one that help you achieve it.

Mislenious newsletters and trading systems. Knowledge needs to be connected with practice. All the above books will provide you enough concepts and tools for analysis. Meanwhile, you need to have real marekt updates and trading systems to provide foods for thinking and help develop your own system. Most of the newletters, strategies and trading systems on the corner of my blog have free trial period, just try, they are free.

I have more than 50 trading books in my room and everyone of them is unique. I shared with you the best of the best in above and put the books on the left hand side for your convinience. They are must read for traders, beginner or advanced.

Thursday, October 21, 2010

契合买点3+1金钥匙公式契合买点3+1金钥匙公式

(量由天量缩至地量+K线形态由大收敛至小阴小阳+股价整理至五日均线或调整至十日均线处)+分时走势横盘=金钥匙

  说明:该公式有吴迪发明,转载以供达共同提高学习,出自《赢家绝技》,《英雄无敌》,《大炒家》

 ( 地量:在成交量变化中,有成交量放大、有成交量萎缩,有地量、有天量等,它们有着各自不同的含义,并对股价产生不同的影响。交投清淡的地量现象表 明,短线该出的筹码已在由天量递减的过程中出脱了,中长线的筹码也折腾不出来了,庄家在护盘的价位不再砸了。因此,凹现了不大可能再会低的量,故为地量。 地量往往预示着周而复始的量能将重新投入,激活相应已调整到位的股价复苏。

  K线形态由大收敛至小阴小阳:股价上涨到一定幅度,庄家不允许低位入货的投资者轻松地抱到波段的顶部或上升趋势的大顶,起动不可或缺的洗筹程序,开始一波当中的短期整理和段与段之间较长时间的调整,重新洗牌以抬高市场的平均持仓成本。

  整理或调整股价,表现在K线形态整合的始末,使得原来波段间中上升起来的较大K线形态或冲到阶段性头部上的较大K线形态,逐渐由大整理或调整到小,即 收敛至小阴线、小阳线,恰这时已抵护盘的底线价位。到此,庄家完成了不得不干的活计,同时也达到了清洗浮筹和获取部分短期收益之目的。若再续行情,此处便 成了新的升势的起点。若行情不再,就此可能放量下挫。整理或调整是为了蓄势再升、抑或是为了出货?从形态的造势上还是能看出些名堂的。

  股价整理至五日均线或调整至十日均线处:就均线的威力而言,股价乖离要受限于相应均线的制衡,这在上轨压制,下轨支撑的走势中得到充分的诠释。同样, 也体现在任何一种走势上,当然处在经典形态中的股价也不能被免,在段中当股价偏远了五日均线,五日均线对它有回归的要求,当快要触及或五日均线上来时,又 把股价助涨上去。如果不助涨或支撑不住反倒要坏事了。因此,五日均线处是段中股价行情的关键点位。在段与段之间的接合部,五日均线已经走平或下弯,失去了 对股价的作用力。那么,随之而上的十日均线接受了权力,不过,应付的不是K线的某日股价,而是对五日市场持筹成本的承接能力,即对五日均线的支撑和助涨, 这在K线可在十日均线跳上跳下,五日不破十日均线上看的清清楚楚,从这个意义上来讲,此时的股价应作为在十日均线处考虑,即便届时五日均线和十日均线黏合 着。

  分时走势横盘:括号中的三个要件,即契合买点3+1的3,它们耗时费力做了一番的工作,究竟目的是为了什么?我们暂且不对它们加以定论,而是让3+1 的1、即分时走势横盘或其他分时走势买点来检验,以认定是否是我们所要介入的目标。如果第二天出现了分时走势横盘,无论是早市横盘或是长时间横盘,再没有 理由不大胆杀进。


用法

1. .每天收盘后分别用“回挡”、“短暂”、“稍长”、“平台”、“五日弯至十日均线”、回调”(可根据当时大盘同态势择要),“六形态综合选股”、 “地量”等把第二天需要要重点关注的股票选出来放入相应板块或自选股。

2. 大盘在上升趋势中应重点关注和大盘相同态势的个股,如大盘短暂整理,就重点关注短暂整理个股。大盘横盘态势则重点关注综合选股,大盘正处于下跌态势则重点关注抗跌个股。也可以每天都用综合选股,把所有符合经典形态的都选出来,这样范围较大.

3. 由于两市1,000多只股票,各自都有其不同的运行轨迹,用一种形态选股难免遗漏,按“视焦目标化”的要求,在每天收市后(或午后2:30时开始),搜览 沪深两市全部股票,要先看地量,因此每天用"地量"选股,将其中形态较好的个股也放入自选股中;

4. 第二天,用"分时横盘"启动预警,预警的范围就设定为这些需要重点关注的股票。

5. 我们的目标是不让一匹黑马从我们的视野中溜走,因此第二天我们可以不断地根据大盘情况用“20分钟横盘”、“40分钟横盘”“60分种横盘”(参数可根据 大盘时况自行调整)选股,发现好的横盘走势,回头来看k线,符合“契合买点3+1”即可放心买入。

6.“天量”不是一个买入选股条件,而是一个警示条件,天量天价,出现天量切不可追涨,至少短期内另有低点可寻,大牛市中的疯狂行情除外。

7. “双底”是长线投资趋势成立的买点,也是其它经典形态选股成立的背景条件。不能在一个下降趋势中用经典形态来选股,因为很可能变盘向下,只是下跌当中短暂的反弹而已。

8. 在一个上升趋势中会有多个经典形态的买点出现,我们主张买在第一、第二买点,以后的买点尽量不要追。

( 地量 + 最后一砸K线由大收敛至小阴或小阳 + 股价调整至五日或十日均线处 )+ 分时横盘

地量是成交量变化中的一个变化,说明前期的大量已逐步萎缩至不能再低的限度,做空的能量释放完毕。

最后一砸是指经典组合形态的调整已经结束,单日K线由大收敛至小,是股价上或下的临界点,最后一砸是做盘时的习惯用语,别以为会砸出个大阴线。

原超大的股价乖离向均线系统整理靠扰或回调,待五日均线或十日均线上来助涨股价,要特别提出的是波段中K线靠近的是五日均线,趋势中K线靠近的是十日均线。

刚才说的3+1买点的3,是盘面上三大要素在一个集约处的综合体现,明确无误地在显示着各大要素的调整已抵末端,达成了即将要启动股价的默契,从中不难看出机构做庄的项目策划人员,统筹计划编排的天衣无缝和高超的做盘艺术.


尽管三大要素的买点条件,但也不可以即时贸然闯入,因为实在还不能保证明天能百分之百的启动上涨,还得看3+1的1符不符合,若明天早市的分时出现横盘走 势,哪就不必再犹豫了大胆杀进,只要大盘不太坏保证尾市能挤上涨幅榜前列,这样看来,选股(经典形态)、选时(介入时机)都把握到了恰到好处的至高境界。

需要特别指出的一点是,按买点3+1正常要求分时必须横盘,可是由于个股没轮上热点大涨,所以只能涨的少一些,也许一天也许几天,成交量自地量后有所放 大。对这种情况,超短线可不必急入继续等待那日分时横盘的出现。若非快进快出或小涨也不嫌乎,完全可以运用除分时横盘外的其它几个分时买点,提前打个埋 伏,当时可能是小赚,以静侯上冲大阳线的到来。因为庄家不会无功而返,赶上个股那天收长上影线高点卖出,好的话可能会比当天买次日卖还赚得多。即时有的走 势当日能保全个大阳,往往也是强弩之末,有时利弊关系的矛盾还是真的在事先难以别断。介入的时侯不用担心它涨不起来,股价调完启动了,量也放出去了,庄家 能无功而返吗?这其中含些小幅走高和下面成交量变化将有叙的放量小涨的意思。

炒股书籍推荐

如果有人在牛市也赚不到钱,建议好好休息一下,看看书。看不清大盘形势的时候,可以
暂时退出观望,或者出门旅游。
炒股书籍数不胜数,不可能都看,整理了几个牛人推荐的书籍,并附上我自己读的两本。

发信人: cctv100 (人生满希望), 信区: pennystock
标 题: Re: 咱什么时候学学FA吧
发信站: BBS 未名空间站 (Mon Aug 24 12:52:46 2009, 美东)

我自己的意见是:
无论什么A,都要学最TOP的.
什么是最TOP的?
我的理解.
基本分析要先学格兰汉姆的.费雪的.巴菲特的传记.
你不看传记.
就无法领会这些人当时的环境.
看完了再看基本分析的书.
例如
1.证券分析
2.普通股不普通的利润
之类的.
看这几本就够了.
其他的我都没看过.

还有就是学习.
从薄到厚.
再从厚到薄.
这就可以毕业了.

Robert Prechter写的《艾略特名著集》和《艾略特波浪理论》.很精彩.

发信人: ronger12345 (蓉儿), 信区: Stockcafeteria
标 题: 推荐 TA 的书:
发信站: BBS 未名空间站 (Mon May 24 00:21:33 2010, 美东)

推荐 TA 的书
1.技术分析精解
布林线
2。
Quantitative_trading.pdf
Symetric_Wave_Trading.pdf
技术指标与波浪理论

1.的两本是概念入门
2.的三本可以后看
都属于入门书,如果太简单,以后再贴别的

发信人: qiuyueshifu (任逍遥), 信区: Stockcafeteria
标 题: Re: 少读书,多学习
发信站: BBS 未名空间站 (Mon May 24 12:12:29 2010, 美东)

《股市趋势技术分析》
这本书已经第九版了,是最经典的

发信人: yaokarl (大象), 信区: pennystock
标 题: 推荐大家看一下吴迪的《大炒家》和《完胜股市》
发信站: BBS 未名空间站 (Fri Jan 8 01:53:08 2010, 美东)

我觉得吴迪老师的技术分析书比较实用,我的签名档是根据他提出的买点3+1改的.
2005年出版《大炒家》,2007年出版《大师秘笈》,2009年出版《完胜股市》

这是吴迪的博客:
http://blog.sina.com.cn/wudigupiao

吴迪博客上的四个套路(参见《完胜股市》):
炒作套路一:放眼趋势,长线炒作
炒作套路二:抓住起涨,波段炒作
炒作套路三:快进快出,短线炒作
炒作套路四:瞄上强势股,飞身骑飙升


--
契合买点3+1金钥匙公式(吴迪):
K线形态由大收敛至小阴小阳
+ 量由天量缩至地量
+ 股价调整至十日均线或整理至五日均线处
+ 分时走势横盘或不破前低
=开启股市金库的金钥匙

Sunday, October 17, 2010

BOTTOMING FORMATION

BOTTOMING FORMATION from http://theimpatienttrader.blogspot.com/

"BOTTOMING FORMATIONS" have won the prize hands down during stock selection process for best performing and generating the most number of winners! Best part about a bottoming formations: RISK is relatively low on entry but reward is HIGH!

What is a BOTTOMING FORMATION? good question! A BOTTOMING FORMATION is typically the price action ones sees in a stock after a sustained decline: The stock will go a "repair" phase after taking a serious beating. This "repair phase" takes weeks, months or some times years to wash out ALL the sellers from a stock. After a sustained decline, the stock will subsequently move sideways of slightly downwards essentially creating A BASE; Essentially washing out all big sellers: in some cases leaving only late to the party SHORT SELLERS who will eventually have to cover these short positions if/when the stock starts to create HIGHER LOWS and ramp higher, creating an even more aggressive SPIKE in prices.

HIGHER LOWS on increasing volume is a KEY part of spotting bottoming patterns. When spotting a bottoming pattern, make sure to spot HIGH volume activity in the stock as a HIGHER LOW is being created. This will be your cue that something is brewing and "SOMEONE" KNOWS SOMETHING and is buying big blocks of the stock to capture further upside.

STOCKS PRICE ACTION and VOLUME are the only two components to proper chart work and stock selection.

Saturday, October 9, 2010

JCP LEG: interested to short

jc penny (JCP) has reached at $32, a new high on 10/08/2010. Interested to short.

Leggett & Platt, Inc. (LEG)