Thread: userque & NUGT/DUST

Originally Posted by userque

Finally, as mentioned, if GDX is so volatile, why would one even want to rely upon a long term forecast when you don't have to.

Cannot see the forest for the trees OR I cannot explain myself... I guess the latter considering my responses in those "*" treads

Originally Posted by RealMoneyIssues

Understood, good luck.

Originally Posted by userque

LOL. I guess my system is not for everyone.

My system does give direction. ENTER NUGT means the system is long. ENTER DUST means the system is short.

Sideways is chop.

Again, it'll swing 2-4 or more days OR it'll day trade.

It trades at open or close, not intraday. Still a day trade.

It doesn't have predetermined levels at which to enter or exit. Still a day trade. That's just the way I designed it, based upon how I think the markets work. Others may design systems based upon their theories.

See prior (a day or two or so ago) posts regarding updating the system.

Some folks trade with levels; some don't.
Some day trade; some don't.
Some day and swing; some don't
Some update their systems; some don't.

To each, his or her own. Right?

Just following along this thread...no, I'm not trading actual money, and yes, I can see both RMI's and Q's points ! Day trade...swing trade..."trending"...whatever !!!

IMHO...this is Q's "system"...he has been MORE than open about when he feels the need for a change or an update to his system, and he's shared that for all to see...as well as his running results, either great or ugly ! I don't understand the underlying parameters of his system, but my feeling is...it's a work in progress ! That's why Q is sharing it with us all, instead of charging us 100's of dollars for his "system" !!!

Again...it's YOUR decision whether or not you follow his "system", whether by day or not !!! Just use it at your own risk...and I don't mean to imply that in any negative way... !!!


Stoplight...

Q,

I agree with Stoplight. It is your system, you do whatever you think is right. Plus you have the advantage of knowing the ramifications of publishing your calls early vs late. With that said my thinking is most of the time the daily highs and lows are made throughout the day and not usually at the EOD. It would seem to me that statistically making a call 15 to 20 minutes before EOD would most likely have the same input data as at the EOD. However, I must admit I don't know how long it takes your system to "crunch" the data once it has been entered.

Thanks Stoplight,

I appreciate that. I think RMI is trying to help me in some type of way; maybe we're just not understanding what the other is saying right now.
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Proverbs 27:17 Iron sharpeneth iron; so a man sharpeneth the countenance of his friend. (KJV)

Originally Posted by Stoplight

Just following along this thread...no, I'm not trading actual money, and yes, I can see both RMI's and Q's points ! Day trade...swing trade..."trending"...whatever !!!

IMHO...this is Q's "system"...he has been MORE than open about when he feels the need for a change or an update to his system, and he's shared that for all to see...as well as his running results, either great or ugly ! I don't understand the underlying parameters of his system, but my feeling is...it's a work in progress ! That's why Q is sharing it with us all, instead of charging us 100's of dollars for his "system" !!!

Again...it's YOUR decision whether or not you follow his "system", whether by day or not !!! Just use it at your own risk...and I don't mean to imply that in any negative way... !!!


Stoplight...

Exactly, it is easier for me to do it 10 'till as I don't have to refresh a web page to get the call. I personally do it at the last minute to gain every advantage; however small.

All the crunching is done during the optimization process. There is a Long one that's done when I update the system; and there are daily short ones that I do after the close. So, it's just a matter of plugging in the current HIGHS/LOWS and reading the "instant" results of the calculations to generate the forecast.

However, I can do a second forecast as well. You decide: 15 or 20 minutes (or more?) before?

Originally Posted by Steiner

Q,

I agree with Stoplight. It is your system, you do whatever you think is right. Plus you have the advantage of knowing the ramifications of publishing your calls early vs late. With that said my thinking is most of the time the daily highs and lows are made throughout the day and not usually at the EOD. It would seem to me that statistically making a call 15 to 20 minutes before EOD would most likely have the same input data as at the EOD. However, I must admit I don't know how long it takes your system to "crunch" the data once it has been entered.

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DISCLAIMER: Userque's trading signals are not affiliated with TSP Talk or Buy Low Sell High, Inc. The information is for educational purposes only! The information is not advice or recommendations. The information may be revised at anytime. Userque does not give investment advice. Do not act on this data. Do not buy, sell or trade any stocks, ETF's, indices, funds, or any other instruments/vehicles based on this information. Userque may trade differently than discussed or posted in this forum.

Many years ago, I found a website that claimed to use AI to generate a five day forecast (five days were free). Its forecast was actually a simple chart of the stock, extended ahead five days (plotted in a different color) based upon the forecasted prices. It was cool in and of itself, regardless of its accuracy (I don't remember how well it did...if I even knew that back then).

Another thing that's cool about such a forecast is that it doesn't give BUY or SELL signals. It gives a chart, and the viewer makes their own determination as to how to play the forecast.

The latest update to my system makes it possible for me to consider such a forecast for those following along in their demo accounts. I would still indicate specifically what my system is going to do however. I may work on that this weekend.

Optimization finally finished.

System would have remained in NUGT at close.

Next two days forecasted to be up days.

I'm going NUGT at open. I'll post a formal forecast in the a.m.




__________________________________________________ _____________
DISCLAIMER: Userque's trading signals are not affiliated with TSP Talk or Buy Low Sell High, Inc. The information is for educational purposes only! The information is not advice or recommendations. The information may be revised at anytime. Userque does not give investment advice. Do not act on this data. Do not buy, sell or trade any stocks, ETF's, indices, funds, or any other instruments/vehicles based on this information. Userque may trade differently than discussed or posted in this forum.

Disregard. There's something else I need to look into.

Originally Posted by userque

Optimization finally finished.

System would have remained in NUGT at close.

Next two days forecasted to be up days.

I'm going NUGT at open. I'll post a formal forecast in the a.m.




__________________________________________________ _____________
DISCLAIMER: Userque's trading signals are not affiliated with TSP Talk or Buy Low Sell High, Inc. The information is for educational purposes only! The information is not advice or recommendations. The information may be revised at anytime. Userque does not give investment advice. Do not act on this data. Do not buy, sell or trade any stocks, ETF's, indices, funds, or any other instruments/vehicles based on this information. Userque may trade differently than discussed or posted in this forum.

Originally Posted by userque

Disregard. There's something else I need to look into.

Maybe because its gapping up nearly 10%... sigh

Originally Posted by userque

Disregard. There's something else I need to look into.

When you update the plot of the results, which position will it reflect? Staying in NUGT or going to cash?

Originally Posted by k0nkuzh0n

When you update the plot of the results, which position will it reflect? Staying in NUGT or going to cash?

Already in cash, if you are in NUGT, congrats!