Yahoo Finance App not showing full Charts - The Rookie Stock Trader
What to buy? Any signal?
Yahoo Finance app still not working. Full Charts still not showing. Back to Moomoo again.
Nothing to buy or sell. Just setting up more Boll signals.
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 the company is profitable (Yahoo finance) and undervalued (simply wall street).
ROOKIE STOCK SELLING STRATEGY
- Check holdings every day for an RSI+BOL+OBV sell signal.
- Sell on signal even if it's a loss (capital cashflow is better than stuck and falling losses)
Next Action
Note to self... Start setting Bollinger alerts on Moomoo SPY stocks signaled by Finviz.
~ Adrian Lee - The Rookie Stock Trader
PS:
- Forget SuperTrend... Coz it's 3 days late.
- Record new stocks on Google sheet for profit and loss tracking.
- Record new stocks in Yahoo finance for monitoring.
- Record events in the 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
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