Trade Ideas on 11-Nov-2013 , $NTAP, $PENN

Trade Ideas on 11-Nov-2013 , $NTAP, $PENN

Trade Ideas 11-Nov -2013

operating the Quant-Ideas pro database , with the below query

price > 5 & trade sample size over past 4 years > 25, & the average monthly volume > 2 mil & the %age winners > 67% , & the outlier profit factor >  2.5 & pay off ratio > 1 & the historical average profit of > 1%

we found the following two trades , assuming one has entered at market on close on 11  Nov-2013 and exiting on 12 Nov -2013

1) Short $PENN ( Penn National Gaming Inc ), moves by more than 3% from open to close 

below the trading odds for long at close when $PENN lost more than 3% during the current session and exit the next day at close since last 4 years

  • Total # of Trades : 34
  • Percent Profitable Trades : 74%
  • Number of Win Trades : 25
  • Number of Loss Trades : 9
  • Avg Profit Trade % : 1.30
  • Median Trade % : 1.12
  • Avg Win Trade % : 2.18%
  • Avg Loss Trade % : -1.13%
  • Max Win Trade % : 5.00%
  • Max Loss Trade % : 3.37%
  • Max Consecutive Wins: 9
  • Max Consecutive Losses: 2
  • Ratio Avg Win / Avg Loss % :1.93
  • Profit Factor :5.67
  • Outlier Adjusted Profit Factor :4.98

2) Long $NTAP (NetApp Inc) when forms a long legged doji candle stick 

below the trading odds for Go Long at next open $NTAP whenever , it forms a long legged doji candle stick pattern  and exit at next close , since last 4 years.

  • Total # of Trades : 31
  • Percent Profitable Trades :81%
  • Number of Win Trades :25
  • Number of Loss Trades :6
  • Avg Profit Trade % :1.00
  • Median Trade % :0.88%
  • Avg Win Trade % :1.48%
  • Avg Loss Trade % :-1.01%
  • Max Win Trade % :5.08%
  • Max Loss Trade % :2.46%
  • Max Consecutive Wins :15
  • Max Consecutive Losses: 1
  • Ratio Avg Win / Avg Loss % :1.47
  • Profit Factor: 5.57
  • Outlier Adjusted Profit Factor: 4.82

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