Saturday, January 30, 2016

Stock Filters




A lot in ZFT have asked me why I don't use filters. Many who know my system and made filters out of it are able to find stocks with specific plays within seconds with just one click. For someone as lazy as me, it's pretty convenient. It's like having a cheat sheet in a game.

So why don't I use filters? I could. I've got access to our Tribe's Beta filter that's pretty awesome. But I guess I just find art and beauty in manually looking at the many charts out there even if they don't mean me money. Like looking at the clouds or star gazing.





18 comments:

  1. Hi master, hope you can share on how do you do the risk-reward ratio ZF style.

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  2. Hi Sir ZF, may I ask what stock screener your guys are using? I've been looking for one but couldn't find any for the ph market. Thanks!

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    Replies
    1. We have our own web based. You can use Amibroker (a lot of people use this)

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    2. Appreciate the reply, sir! I have tried amibroker before for its charting but not as a stock filter. I'll try to read up on this. Just an off-topic question though, Sir ZF, what's your average success ratio (profit:loss) per trade and how do you manage it? I'm just curious on how your profits cover for bad streaks (if ever you had one). Thank you!

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    3. Hi Mike. I'll have to tally and review my trades so I can give u an accurate answer. Will do it later tonight prolly.

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    4. Wow! I'm just a fan of statistics and learning from them. Sorry to bother you. Really appreciate it Sir!

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    5. ZF Trade Stats for Jan - Present

      17 total trades. 9 wins 8 losses. 52.94% Batting Average.
      Day Trade and Swing plays = 10 Trades, 6W 4L
      Bounce Play = 1 Trade, 0 Wins, 1 Loss
      Sleeper / ZS = 3 Trades 1 Win, 2 Losses
      TF = 3 Trades, 2 Wins, 1 Loss

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    6. Thanks Sir ZF! I know its still early to say this, but thats a really good stat you have there especially in a bear market. Too bad we don't have shorts here. As for the returns is 3:1 target profit to cut loss ratio viable? Or 2:1 more realistic in your based on your experience last year?

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    7. 3:1 Is the ideal. 2:1 is good. and I'll take 1:1 anytime as long as my volume is low.

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    8. Oh? I thought you should have greater volume for lower ratios to generate similar profits to 3:1 entries? Maybe its just me though.

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    9. Sorry about that. Reward : Risk

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    10. No worries, Sir. Sorry for the late replies as well. It's kinda refreshing to actually hear someone honestly tell their losses along with the wins. I just find it manipulative that so many "experts" brag about their wins but hide their losses, which makes newbies (like me) put them at a pedestal for having almost 0 losses. You have my respect, Sir.

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  3. If a newbie had traded almost 50 trades in less than 2 months, is that normal?

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    Replies
    1. I think it isn't. Overtrading na yan.

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    2. Thanks po for replying. :) Uhm, If It's not too much to ask, what do you think is an/the ideal number of trades in a month or a year? How much have you trade on your 1st, 2nd, 3rd, 4rd and 5th year of trading?

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    3. If you're an active trader, probably 2-5 times a week. They key is precision with volume, the more accurate your picks are, the lesser the need to trade. If you like to diversify and do low volume trades, then you can do 5 trades a week. A Trend follower can trade once every month or even 2 months, depending on that TF's strategy. It all boils down to what type of trader you are. Short term? Long term? Mixed?

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  4. I see. I haven't regarded myself as any kind of trader yet. Maybe short term or a scalper, considering how much I have already traded at newbie pa. When I read above the comments how much you have traded from Jan-Feb and compared it to mine, I was like, whaaat?! Wala pa sa kalahati nung sa akin given almost the same time frame. But anyways, thanks again, Sir. I guess I'm done with level 1 of level 1. Buti nalang nakalkal ko to. :D

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  5. This what I get amaze his showing his losses and wins a balance trader

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