1/ Trading edge... you hear the word all the time... and most will never find it, but there's incredible opportunities in Crypto that are so mind boggling simple and few know about it. Here are many examples of simple strategies that rarely work for stocks but work for Crypto
2/ Examples are starting with 10K and only investing 10k Per trade, 1st is only using MACD for entries and exits
3/ 1st column is cumulative stats, 2nd column is Long stats, 3rd is short (mostly focused on long, but some instruments do have edge on the short side) Here on $BTC a simple MACD strategy not only has >50% win rate, ratio win/loss is OVER 6 #BTC
8/ The list goes on and on.... Now if you have ANY sort of rudimentary coding experience... this is a dream, because of base indicators are showing an edge, it won't take much to tweak them to see a vast improvement in their edge...
9/ 1st here are strategies I coded for equities that have a great edge, but even better for Crypto. They are free on my @tradingview page. Only showing #BTC stats, you can see others for yourself (there's hundreds, just choose your pick)
10/ #BTC Coppock curve strategy (Long only) has 60% win rate and 4 win/loss ratio
11/ I tweaked this and created "slow Copp" strat for #BTC , and the metrics vastly improve... fixed % intervals to take profit are coded in, which can be changed as well if you like. Less trades but allows big runners
12/ TRM strategy, also free, with a huge win/loss ratio on #BTC and some stats are even better on other names
13/ Go out there and start tweaking stuff... or just follow a simple MACD... it's not as sexy as "day trading" or "scalping" but it will put $$ consistently in your pocket if you're patient enough to stick with it, the number of opportunities in this space are mind boggling//END
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Review for the week, started day trading again on Wednesday, tickers traded were $CAN $UPST $PINS $WISH $TSLA $MRNA $WMT
Overall VERY solid start after long Hiatus, the one thing I knew I did wrong was not letting winners run long enough, especially when still trending on the 5/15 minute time frame over 9/21EMA and VWAP... this is immediately reflected in ratio b/w avg hold time $UPST specifically
🎄Christmas is here again w/ another round of 13f's filed. I will update this thread over the course of the next few days with my findings of what some of the top hedge funds have been buying.🎄
👇👇👇
1/ 1st on this thread... is a no brainer stock $AMZN
Nearly a top 10 holding among my top 5 hedge funds and all of which added to their position last quarter.
2/ Next is probably my favorite long term hold for the next 5-10 years... $SE
Also nearly a top 10 holding for all these funds. It's the most obvious stock to own I can think of
To piggy back off a great chart posted by @howardlindzon, NYSE McClellan Summation Index Crossed above 1000 in June. Going back to 1970, here are all other Instances in which that happened and what it meant for stocks going forward $SPY (1/n)
We saw SEVERAL historical signals in March-June.... It has been a busy 3 months, so to remind ourselves the bullishness of some of these signals, here's one that also Fired in June: Ratio of NYSE Adv/Dec Issues 10 Day MA crossed above 2, Which practically has NO Neg Returns (2/n)
Also in June, we had a breadth signal, only seen in Bull Markets: $SPX crossed more than 10% above its 50 Day Moving average. 60 days and 1 year out, going back to 1975, there are no negative returns $SPY (3/n)
Past few weeks I've been posting a ton of bullish data and have had a very bullish bias despite the "bear market rally calls" because the hard data was telling us a very different story... 1st off, is the % of NYSE Stocks over 50day Moving Average when >85% (1/n)
2nd we has a very rare signal when %NYSE Stocks above 50 day cross above 90% (2/n)
3rd we had the 50 day moving average of the @McClellanOsc cross below -30, which is bullish 1 year out IN ALL CASES (3/n)