May 2023 BRO EC Stock Trading Strategy
It's late May 2023... the Rookie Trader discovers a new Moomoo stock screener that screens SP500 stocks with daily Bollinger indicator falling below the lower band. ======== ROOKIE STOCK MARKET STRATEGY DAILY CHECKLIST Identify stock holdings to SELL. Use BRO on Yahoo Finance records. All 3 must meet the criteria... BOL (20, C,2). Above Upper Band (sell). RSI (7). Cross above 70 (sell). OBV. Reach a 3-month high (sell). Remember... Never expect the price to return to its previous high. Sell on signal even if it's a loss (capital cashflow is better than stuck or falling losses) Identify stocks to BUY Buy only S&P500 stocks... for stability and dividends. Use Moomoo stock screener to screen SP500 stocks with daily Bollinger indicator falling below the lower band... tap into the search bar to find the Screener. No need this any more?... Set Moomoo Bol or RSI buy alerts. Use Moomoo for BRO indicators... and Yahoo Finance for EC stats. All 5 must meet the criteria at closi