Posted on September 30, 2011 at 3:21pm 1 Comment 0 Likes
My pick for the month of October is TLH on NYSE, or XLB on TSX.
Disclaimer: The information above is exactly that - information that my statistical model suggest that there is little bit less of 70% probablity (see historical data on previous posts) that this trade will be profitable. I'm not suggesting in any way that you should do what I'm doing. If you do it, this is your sole responsibility! All losses that can (and will!) occur using this model is your sole…
ContinuePosted on September 23, 2011 at 9:00am 0 Comments 0 Likes
There are following rules that I follow:
1. At time of decision compare criteria for chosen stocks and choose one best
2. Criteria is: longer moving average results, shorter moving average and volatility
3. If the chosen stock is the best, but is below 50 day moving average, all goes to cash (or SHY if you prefer).
4. If a chosen stock during the month closes below 50 day moving average for two consecutive days, convert all to cash (or SHY if you…
ContinuePosted on September 16, 2011 at 3:27pm 0 Comments 0 Likes
When to trade?
Last day of a month is ideal for this trading systems (and for some others too!) at around half an hour before the close. Why? First trading day in a month is statistically the best day for trading (if you pick the right stock)! On the first in any month fund managers are reviewing their positions and entering new positions - more often than not for window dressing. Say that you want to trade only one day per month - first of a month - buy at open and sell at…
ContinuePosted on September 15, 2011 at 9:31am 0 Comments 0 Likes
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