Re: A TRADABLE CONCEPT?
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What methodology are you using for trading?
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Over the past few months I have been using the following for my longs(and changing it up; maybe information overload):
-Trading above moving average (from 100-200)
-Trading at 5-10 day lows (I am still trying to find the "magic #"
This seems a good backbone for profitable trading and I have been trying to mix in others RSI, Williams R%, Bollinger Bands, etc., but without much luck yet.
From this criteria, I find stocks I like fundamentally and go from there.
I am finally backtesting starting tonight and will see. On the short side everything flips. I have been slaughtered though, maybe sample size? My timing has been horrendous though too, I missed some good 20%-30% downswings where I mistimed it by less than a week.
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