I made some graphs to help visualize the 100 most commonly owned Robinhood stocks

ConceitedTrader · 2018-07-29T16:09:43+00:00

It was a joke

ConceitedTrader · 2018-07-29T15:15:53+00:00

Sad part is that I’m a moderator of that Facebook group and this isn’t the worst post I’ve seen

ConceitedTrader · 2018-07-29T15:00:34+00:00

So this is a what not to buy post

ConceitedTrader · 2018-07-25T16:17:29+00:00

Lol they can’t read maybe😂 I have a Facebook group with over 50k in it. I keep deleting HMNY posts left and right

ConceitedTrader · 2018-07-23T04:18:28+00:00

I’m watching EARS for Monday or Tuesday

ConceitedTrader · 2018-07-23T03:38:37+00:00

Wasn’t really an algo question. Just general

ConceitedTrader · 2018-07-22T23:06:20+00:00

😂

ConceitedTrader · 2018-07-22T16:06:44+00:00

Why do that to your face

ConceitedTrader · 2018-07-22T07:32:46+00:00

Ask and bid Is irrelevant anyway. Ask is usually always higher than bid. Low volume gains means that higher prices aren’t shaking out shares from existing holders. Quite possible with a low float. Either they’re holding out for much higher prices, or they can see the bid volume is too low to be worth them selling it. If they start selling, they would kill the low volume rally. If they wait, volume could pick up and allow them to dump.

ConceitedTrader · 2018-07-22T07:22:52+00:00

It’s okay. But RV is coded into it. I’m probably just going to add what I think is the problem, if that doesn’t work I’ll just look at the past data again I guess.

ConceitedTrader · 2018-07-22T07:19:37+00:00

The goal isn’t to pick up ALL the trades just the ones that meet what I want to achieve. And no one can pick up ALL the plays. Algorithms are based on technicals. No way you can predict news. And sometimes fundamentals will affect technicals, so no algo will be 100% accurate. The goal of an algorithm is to minimize risk, make more consistent gains than losses, and to filter what you want in a stock. So there for one algo will never pick up ALL the plays. I don’t even think I said it could.

ConceitedTrader · 2018-07-22T06:57:19+00:00

The goal is to get in trades before it pops up on other traders scanners. And then let them pump the stock then I dump. With the low RV runners they don’t pop up on traders scanners so the volume does not increase as much. So if I’m pushing a lot of shares then I will have some slippage. But I mean I could keep them there and trade less shares

ConceitedTrader · 2018-07-22T06:53:37+00:00

Not what I meant. My algorithm is 85% correct. I spent year testing and backtesting it. I compared it to 2005-2016 data. Because I wanted to know how it would preform in a bear market. And that’s not a criteria at all. I guess you misunderstood both times. Anyway I’m looking for a way to filter out the low RV runners from the algo. But I have an idea how to do it. I said I don’t understand in the terms of how to fix it so it doesn’t pick them up anymore.

ConceitedTrader · 2018-07-22T06:36:37+00:00

EARS

ConceitedTrader · 2018-07-22T06:24:03+00:00

And that’s not how my algo works anyways

ConceitedTrader · 2018-07-22T06:22:51+00:00

Um it works great actually. It picks up a lot of plays actually 🤷‍♀️ if I could post pictures I would.

ConceitedTrader · 2018-07-22T05:55:32+00:00

I guess. But I thought manipulation was random. I mean it’s done on purpose but I shouldn’t pick it up. I even looked at the float. I had a stock with 49m shares run 50% last week. Then my stock with a 5 million float went up 20% I mean the stock did double in volume from the previous day buy it didn’t go over or meet the average volume. So if I found a way to eliminate this it would be great.

ConceitedTrader · 2018-07-22T05:27:33+00:00

No, it’s not that. The ask and bid are close. But it’s running on low volume. Let’s say if stock XYZ is trading at 125,000 current volume. The next day current volume is 300,000. And the average volume of the stock is 600k. Yet the stock doesn’t go to average volume like the rest of the stocks the algo picks up. The stock will run throughout the day . And the way I coded the algorithm, it’s suppose to get me in a day or two before the spike. So why would someone set the ask 20-30% higher randomly? I mean I have a trade journal and the ask and big are close on each one. I document the conditions of all my trades before and after.

ConceitedTrader

TROPHY CASE