Suggested Strategy

I’ve decided to re-program Trader Vic’s 2B strategy and test if it is profitable. Here’s the system I’m going to test:

1) Stock is below 200 MA (?)
2) Stock makes a higher high (based on Zig Zag 8%)
3) Stock breaks below the low of the highest bar (which may or may not be the bar that first breaks the previous high)

Can’t do any programming now, since my Acer laptop decided to die on me. Oh well, maybe it’s time to get a new one and to take a break for tonight.

But over the past few months, I realize I love trading, not just for the profit. No matter how tired I am, I would turn on my laptop to do my stock analysis. In fact, it has almost become a form of relaxation for me at the close of the day.

Btw, since I’ve not being blogging for some time. I think I should update my trading results.

Last month was a breakeven month, but I’ve pick some pretty good stocks.

MAR (Sold it when it was around $36).
ARTC (Actually I missed this, but I almost sold it at about $46… well, almost)

There are other stocks, but not as successful.. e.g. ENDP…

Back from Hokkaido!

Just got back from Hokkaido. Not an extremely memorable trip, but nonetheless very pleasant. Was hoping that it’ll enlighten me in some ways, especially that it’ll give me a valid reason to quit my job. Was torn recently over whether I should resign; am thinking of resigning today. Don’t know how to….

Anyway, some good news……..

I backtested a trading strategy and for once, it gave me a positive result. Either my programming skills improved or the strategy is really superior. Guess it is both.