I have discerned a truly unbelievable system for US equities. My propritary system churns out stocks selection every month. The average holding period is 18 days or less. The system could very easily be a complete black box! I have trading parameters that makes this system TOTALLY emotionless!
Let me give you some background on this system, and what I am trying to do by creating this journal. First and foremost, let me get it on the table how and where I discerned this system! I was in a position that afforded me an unlimited amount of "free" time. I was incarcerated in a federal prison! With that being said, I have "paper traded" this system for over 4yrs while ascertaining the rules. Since I have "background" issues, I am unable to trade via the prop shop route. So, I am looking for a partner(s) in getting this system kicked off! I am currently selling my monthly selections to one person, and it looks like I have picked up two more people for this coming month! I am hoping someone will see this journal become a believer in the system and we can figure out a way for everyone to make money!
For this month (April), my system will be buying on Tuesday the 19th at the opening bell.
Here are the trading parameters:
Buy "market at the opening bell".
Upside rules: from the purchase price, 10% up is a trigger to activate a 5% trailing stop.
Downside rules: a stop loss is place 5% below the purchase price. If stopped out, then go short w/ new 5% protection above. And then the same rules as the upside: from the short price, 10% down is a trigger to activate a 5% trailing stop.
Here are the positions I'll be taking:
AGQ
BIDU
DANG
MCP
NFLX
APKT
EXXI
LVS
Let me give you some background on this system, and what I am trying to do by creating this journal. First and foremost, let me get it on the table how and where I discerned this system! I was in a position that afforded me an unlimited amount of "free" time. I was incarcerated in a federal prison! With that being said, I have "paper traded" this system for over 4yrs while ascertaining the rules. Since I have "background" issues, I am unable to trade via the prop shop route. So, I am looking for a partner(s) in getting this system kicked off! I am currently selling my monthly selections to one person, and it looks like I have picked up two more people for this coming month! I am hoping someone will see this journal become a believer in the system and we can figure out a way for everyone to make money!
For this month (April), my system will be buying on Tuesday the 19th at the opening bell.
Here are the trading parameters:
Buy "market at the opening bell".
Upside rules: from the purchase price, 10% up is a trigger to activate a 5% trailing stop.
Downside rules: a stop loss is place 5% below the purchase price. If stopped out, then go short w/ new 5% protection above. And then the same rules as the upside: from the short price, 10% down is a trigger to activate a 5% trailing stop.
Here are the positions I'll be taking:
AGQ
BIDU
DANG
MCP
NFLX
APKT
EXXI
LVS