- Jun 8, 2008
Hum, had not the daily in mind.worth trialling.thanksYou are trading a daily system and a weekly.
On the daily system you will have a trigger to sell individual stocks (a) when the overall market rises and (b) when the overall market falls.
Test whether selling individual stocks in scenario (b) improves if you wait for a general market bounce.
The rules would be something along the lines of:
(a) market at or near highs;
(b) bull market only;
(c) first pullback in bull trend for X bars
Then, sell individual names on the bounce.
Bull markets very rarely go straight down. Two that did, 1987, 2020 (pretty much).
The weeklys are the ones(sp?) i bleed most in reversing market