Here is the status of my current holdings:
Symbol | Entry Date | Entry Price | Current Price | Profit % |
RCCC | 22/01/2008 | 44.13 | 44.64 | 1.15 |
SATC | 05/05/2008 | 1.86 | 2.37 | 27.42 |
ASTSF | 05/05/2008 | 14.59 | 14.76 | 1.65 |
NUCO | 19/05/2008 | 29.56 | 29.77 | 0.71 |
2 comments:
Hi,
Interesting blog. Did you post at any point about some general ideas behind this system? For example. is it a swing trading system? Off daily prices? Is it based on Price and/or Volume? Is it a pullback in a trend or a breakout style?
Also something doesn't look quite right with this one:
SATC 05/05/2008 1.86 1.82 27.42
Current price is showing 4 cents below entry but the position is still +27.42%. Did I miss something in how to read the table?
Good luck
Eyal
Hi,
The system enters long positions only and does not deal with options so no shorts or swing :)
the blog reveals a lot of details about the system including results for test I run. The most important thing is that I buy and sell on a weekly basis thus eliminating a lot of noise. If you think about it there aren't many systems in the market which use weekly charts and I believe here lies the potential.
SATC is currently 2.57. I bought it at 1.86 meaning 38.17% profit.
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