August 2022 New ROOKIE STOCK Strategy

ROOKIE STOCK STRATEGY 
  •  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). 
    • Supertrend will appear 3 days late. 

~ Adrian Lee - The Rookie Trade-vestor

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Record new stocks on Google sheet for profit and lots tracking. 

Record new stocks in Yahoo finance for monitoring. 

Record event in calendar for future reference. 

Consolidate and Sell old stocks. Keep only 20 manageable stocks. Do not buy and hold. 

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  • Late April to early May - Buy on dip 
  • May - Sell and go away
  • August - Strong month
  • September - A bad month for stocks.
  • November - Reinvest

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