Rookie Stock Trading Journal - December 2022

This is my stock market strategy for December 2022. 

 ROOKIE STOCK BUYING 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).  

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 days late. 


========

- 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. 

======== 

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

======== 

BUY Signals ...

Dec 21, 2022 - BAC 

Dec 22, 2022 - AAPL, AMZN, BAC, goog, intc

Dec 23, 2022 - axp, bac

Dec 27, 2022 - goog














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