Rookie Stock Trading Journal - December 2022
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) ~ Adrian Lee - The Rookie Trade-vestor PS: - Forget SuperTrend... Coz it's 3 da