Supertrend Back Testing Results

I found this very encouraging result for a rookie like me...

- more losing trades than winning trades

- profit doubles anyway

- so just stick with one strategy long term

https://youtu.be/AIZIHt45u2w





Comments

Post a Comment

Popular posts from this blog

How to use RSI indicator

Apply RSI 5 and RSI 14 Apply a short 5 period RSI (RSI 5) over the longer (default) 14 period RSI (RSI 14) and watch for crossovers.  With the RSI 14, there are times when the market does not reach the oversold or overbought levels before a shifting direction occurs.  A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals.  Buy Signal When the RSI 5 crosses above the RSI 14, it means that recent prices are getting higher. A buy signal is then generated, and a 5 vs. 14 cross should happen when the 5 period (blue) is oversold (below 30).  Sell Signal When the RSI 5 crosses below and becomes lower than the RSI 14, it means that recent prices are declining.  This is a sell signal. A 5 vs. 14 cross should occur when the 5 period (blue) is overbought (above 80).  Works well with Pivot Points Experienced traders may find that their trading performance greatly benefits from combining a RSI trading strategy with  ...
Read more

The Meaning of CFD Trading in Singapore

CFD stands for Contracts For Differences. "It is an agreement between 2 parties to settle the difference between the opening and closing prices of the contract multiplied by the number of units of the underlying asset specified in the CFD.  CFDs allow customers to participate in the price movement of an underlying product without actually owning the asset, which can be a share, an index, a commodity, etc.  Phillip Securities offers the following types of CFDs:  1. Equities CFD (which includes Shares CFD and Shares Direct Market Access DMA CFD) 2. ETF CFD 3. World Indices CFD 4. Commodities CFD and 5. FX CFD I am studying CFD trading now because I want to trade in the US stocks. Compared with Singapore stocks, US stocks have bigger movements. Big movements could be up or down, which means it will be very risky. In the meantime, the markets in Singapore is again up a little bit this morning. It has been going up and down by point something percent in the last few days. That...
Read more

CFD News Trading Strategy

" To be successful with news trading, it’s important that you follow a comprehensive economic and financial calendar, so then you will be aware of upcoming events or statistics that could affect the underlying asset you are trading. " -  https://infoforinvestors.com/academy/technical-analysis/cfd-trading-strategies/ My portfolio is inching back up again. That's good news. There are no sudden movements like what happened to SGX and Sembcorp industries. So there isn't anything to buy or sell today. Adrian's Journal The rookie trader's notes
Read more