Pascal
02-08-2015, 11:00 AM
Since I published quite a few settings in the past weeks, I decided to go back to these and see what happened, in terms of trade direction, entry price level and trade outcome.
The First Table only shows the Long on a pullback or the shorts on a bounce type of trades.
We can see that 3 trades ended on a gain and three on a loss.
However, the most important is that we missed the entry on a great majority of the trades, simply because the settings are too tight. This means that we should enter trades faster, since the direction was correct 80% of the time.
28339
The table below shows four short settings on a breakdown and four long settings on a breakout.
None of the four breakdown settings were initiated because the stock reversed up. This tends to tell us that the market has been in a short squeeze mode. In other words, we cannot press short trades, but we need to think of buying very oversold stocks.
28340
I tried to publish followup comments and Figures on past trade ideas, but did not have the courage to do that for all of them.
Pascal
The First Table only shows the Long on a pullback or the shorts on a bounce type of trades.
We can see that 3 trades ended on a gain and three on a loss.
However, the most important is that we missed the entry on a great majority of the trades, simply because the settings are too tight. This means that we should enter trades faster, since the direction was correct 80% of the time.
28339
The table below shows four short settings on a breakdown and four long settings on a breakout.
None of the four breakdown settings were initiated because the stock reversed up. This tends to tell us that the market has been in a short squeeze mode. In other words, we cannot press short trades, but we need to think of buying very oversold stocks.
28340
I tried to publish followup comments and Figures on past trade ideas, but did not have the courage to do that for all of them.
Pascal