What if I told you that I had the key to it all? Get away from all this crypto...

Techpill
Techpill

What if I told you that I had the key to it all? Get away from all this crypto pump and dump bullshit and come live a better life with me.

I'm sharing with everyone the secret to day/swing trading the stock market. This strategy works regardless of it tanking or mooning. With a good amount of starting capital, you can make good money with this. I am not rich, I make a good living at for my age using this strategy. I don't want tips, I don't want money, I'm not here to sell anything. The only thing I cannot give you is the exact code, I want to simply give you an idea of what it entails.

It is a strategy as old as time, yet idiots keep having the idea that you have to buy the bottom or short the top. But, nobody knows where that is. Piggybacking onto the trend is the most consistent way to get profits. If the trend is up, there's a far greater possibility that it will keep moving up than there is of it being, the exact moment you get in, the top.

Pullbacks. Pullbacks are the key to it. This strategy, shown in the pic, is a simple example of a pullback strategy. Like I said, I will not give the exact code/studies out, but it basically involves using a simple oscillator for oversold/overbought levels. Think RSI/Stoch/MFI. It also involves moving averages (yes, meme lines) only for determining the overall trend. (Actually it uses a few long term EMA's and one short term). Once the trend is determined, you will take all trades in that direction on pullbacks based on the RSI/Stoch/MFI/whatever.

Basically, on an uptrend, you will buy all pullbacks where the price hits oversold and begins to move upwards. On a downtrend, you will short all pullbacks where the overbought level begins to curl down.

That's it. I've tested this for years on many different stocks. This will only work on the 30min+ chart. I've had decent success using the 15min but even that is too unpredictable.

You're welcome, Veeky Forums Go out there and make money.

Attached: kekstudy.png (4 KB, 780x68)

BlogWobbles
BlogWobbles

so buy low sell high? uhhh thanks user

Fried_Sushi
Fried_Sushi

ok so

if I run Stockastics and a 7, 25, 99 period Moving average, and I buy only on pull backs I will make money?

where is the optimal sell point?

Garbage Can Lid
Garbage Can Lid

shut the fuck up faggot, you're not clever

thanks for sharing

What EMA's do you suggest? I usually have the 8/13/21/55

Lord_Tryzalot
Lord_Tryzalot

Experience with the MA, find which works best for you. I said I won't give specifics. You buy only when the fast MA is above the slow MA, and you see the RSI/Stoch begin to cross up from oversold regions.

happy_sad
happy_sad

I used to use 13/34/100 back in the day. I prefer to use 3 because you can tell if it's in an uptrend - 13>34>100, or consolidation if 34>13>100 or downtrend 100 > 34 > 13

Inmate
Inmate

ok cool, now your not talking about RSI Cross over, your just talking about when it hits the 20 or 80 lines?

PackManBrainlure
PackManBrainlure

No it should cross over, if you just buy when it hits oversold, yes you could get a lower entry but it could keep falling. buy when it crosses over from 20/30, and I recommend looking at the price action, aka you want a higher high.

Basically, anyway that you think proves to you that it's just a pullback and not a full on trend reversal

LuckyDusty
LuckyDusty

awesome! I am going to try this out. I have a small account but I think this will work as im checking out charts

GoogleCat
GoogleCat

check out this short I took a few days ago on the hourly. This is on SPX 1h chart. I took some puts right as the stoch crossed back over from overbought (you can tell its on a downtrend because of the EMAs

Attached: stoch3.png (37 KB, 364x724)

Spazyfool
Spazyfool

73 Total Closed Trades
68.49% Percent Profitable

So you had 50 profitable trades and 23 losing trades?
That's fine I guess, but that's still quite a high failure rate.

MPmaster
MPmaster

It's not about winning percentage, it's about your winners being bigger than your losers. Go look at how often professional traders fail.

Soft_member
Soft_member

fuck thats perfect. I dont really short but this is good for longs too

thank you based user

Bidwell
Bidwell

This is based purely on a backtest, aka the system took the trades, without me looking at any of them. Of course your % will be higher than blindly buying based on an indicator.

Very few systems out there consistently get 50%+, they just dont exist because indicators dont mean shit in the end. This system just gives you a visual way to judge when a pullback is happening.

TreeEater
TreeEater

Open up trading view and test it, you'll be very surprised. It'll take some ironing out of the details, but it sure beats trying to time the bottom or top.

Evilember
Evilember

good shit user

TurtleCat
TurtleCat

im already looking, thanks bro, bless up

eGremlin
eGremlin

I don't understand any of this shit. Guess I need to start learning TA.

AwesomeTucker
AwesomeTucker

Another test on goldman sachs (GS) hourly

Attached: gs.png (4 KB, 822x68)

Lunatick
Lunatick

Over what time period are the 73 trades in the pictures done?

King_Martha
King_Martha

TSLA was like free money on the hourly

Attached: tsla.png (40 KB, 728x623)

iluvmen
iluvmen

I'm not sure how far back TradingView goes with it's studies, it varies on the time frame. Hourly it's usually a few months.

Gigastrength
Gigastrength

Hey man I just set up a template. Looks really good. Such a simple concept. Trade with the trend on pullbacks but my brainlet mind couldn't grasp it solo. I'm gonna test some scalps live tomorrow. I went with your EMA set up compared to my old one and the 100 is superior because it gives less fakeouts.

Attached: trend-scalping.png (96 KB, 1374x754)

Stark_Naked
Stark_Naked

Beautiful

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