Rookie BRO Stock Trading Strategy - Mar 2023
On 17 Mar 2023, Rookie discovers 3 new strategies. - BRO strategy works in a 3-month time frame. - Never expect the price to return to its highest. - Never buy when there is a recent gap down. The above are added into the overall strategy. ======== Here's the Rookie strategy for Mar 2023. Buy only S&P500 stocks Use Finviz to 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 ROOKIE BRO (BOL+RSI+OBV) STRATEGY Use Moomoo or Yahoo Finance to read the BRO indicators. BOL. 20, C,2. Below Lower Band (buy). Above Upper Band (sell). Set Moomoo BOL alerts. RSI. Cross below 30 (buy). Cross above 70 (sell). OBV. Reach 3- month low (buy). Reach 3-month high (sell). All 3 must meet the criteria at closing, plus... - BRO strategy works in a 3-month time frame. - Never expect the price to return to its highest. - Never buy when there is a recent gap down. - Buy only if past 3 years po