INVESTING FOR DUMMIES
STOCK INVESTING STRATEGY I AM FOLLOWING WITHOUT ANY TYPE (FUNDAMENTAL/TECHNICAL) ANALYSIS.
I WANTED TO TEST THIS STRATEGY WHEN MARKET WAS GOING UP AND DOWN.
BUT THIS MARKET HAS BECOME UNIDIRECTIONAL.
IN INSANE BULLISH MARKET ANY BODY CAN MAKE MONEY.
MY STRATEGY:
ENTER WHEN RESISTANCE IS BREACHED
EXIT WHEN SUPPORT IS BREACHED
IT CAN BE AN ETF OR STOCK
CRITERIA FOR SELECTING STOCK
1) WHEN A STOCK BREACHES LAST MONTH HIGH
2) WHEN A STOCK BREACHES 20 DAY'S HIGH
EXIT WHEN SUPPORT IS BREACHED OR WHEN 20 DAY'S LOW IS BREACHED OR 10% DOWNFALL, WHICHEVER IS EARLY
Ref:
www.vfmdirect.com-kplswing
I AM STOPPING UPDATING THIS THREAD, AS IT IS MONOTONOUS