This is my stock market strategy for December 2022. ROOKIE STOCK BUYING STRATEGY Buy only S&P500 stocks for growth and dividend (if holding for too long). Find SP500 stocks with RSI below 40... If too many, find PEG less than 1... https://finviz.com/screener.ashx?v=111&f=idx_sp500,ta_rsi_os40&ft=4 See moomoo or Yahoo finance... Use RSI+BOL+ OBV strategy - May 2022 RSI. Cross above 30 (buy). Cross below 70 (sell). OBV. Bounce from extreme low (buy). Bounce from extreme high (sell). BOL. 20, C,2. Fall out of band and back (buy). Rise out of band and back (sell). All 3 must meet the criteria at closing. Plus buy only if company is profitable (Yahoo finance) and undervalued (simply wall street). ROOKIE STOCK SELLING STRATEGY Check holdings every day for RSI+BOL+ OBV sell signal. Sell on signal even if it's a loss (capital cashflow is better than stuck and falling losses...
Trading has come to a grinding halt. All my disposable capital is stuck in a market that is not moving up. I can't even buy anymore when they are down. I just have to sit and wait for the day COVID-19 vaccine is available. That's when the market will shoot up. Now I know why traders cut losses. So I guess I am not a trader but an investor. A long term investor... 12-year investor to be exact. The financial crisis seems to come every 12 years. I don't have much of 12 years left ahead of me. It's time to become a trader. So... Do Traders Make More Money Than Investors? Basically, both will make as much money. The trader makes the money faster, maybe in minutes, but more stressful. They buy to sell. They cut losses. The investor makes the money slower, up to decades, but more relaxed. They buy to hold. They hold losses and hope. Source: https://www.quora.com/Who-makes-more-money-traders-or-investors Adrian's Journal The rookie trader
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