Sharing my notes from a millionaire fx group.

The thread begins with a post by the user "Rode Hard," who outlines the strategy in detail. Rode Hard explains that he looks for stocks that have been declining for at least two weeks and have a Relative Strength Index (RSI) of less than 30. He also looks for stocks that have a high volume of trading, as this indicates that there is interest in the stock.

Once Rode Hard has identified a potential trade, he will place a buy order at the 50-day moving average. He will then set a stop-loss order below the 200-day moving average.

The thread then goes on to discuss the strategy in more detail. Some posters agree with Rode Hard's strategy, while others disagree. There is also some discussion about the specific parameters of the strategy, such as the RSI level and the stop-loss order.

Overall, the thread provides a good overview of the Rode Hard trading strategy. It is a relatively simple strategy, but it can be effective if it is used correctly.

Here are some additional details from the thread:

  • The Rode Hard strategy is based on the idea that stocks that have been beaten down are more likely to rebound.
  • The strategy uses the Relative Strength Index (RSI) to identify stocks that are oversold.
  • The strategy also uses the 50-day and 200-day moving averages to set stop-loss orders.
  • The strategy has been shown to be effective in backtesting, but it is important to remember that past performance is not indicative of future results.
 
How will you pyramid this?
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traider said:
The thread begins with a post by the user "Rode Hard," who outlines the strategy in detail. Rode Hard explains that he looks for stocks that have been declining for at least two weeks and have a Relative Strength Index (RSI) of less than 30. He also looks for stocks that have a high volume of trading, as this indicates that there is interest in the stock.

Once Rode Hard has identified a potential trade, he will place a buy order at the 50-day moving average. He will then set a stop-loss order below the 200-day moving average.

The thread then goes on to discuss the strategy in more detail. Some posters agree with Rode Hard's strategy, while others disagree. There is also some discussion about the specific parameters of the strategy, such as the RSI level and the stop-loss order.

Overall, the thread provides a good overview of the Rode Hard trading strategy. It is a relatively simple strategy, but it can be effective if it is used correctly.

Here are some additional details from the thread:

  • The Rode Hard strategy is based on the idea that stocks that have been beaten down are more likely to rebound.
  • The strategy uses the Relative Strength Index (RSI) to identify stocks that are oversold.
  • The strategy also uses the 50-day and 200-day moving averages to set stop-loss orders.
  • The strategy has been shown to be effective in backtesting, but it is important to remember that past performance is not indicative of future results.
More...
Not RSI, but williams percent range with settings of 8 14 and 20. When they converge, it is time to enter.
 
Just read Rodehard's posts. It should not take much more than an hour. You have to read between the lines as his ramblings are clues. It seems like he is just talking, but there is important information there. Example is that people think the same at certain times of the year. Almost to the exact date.
 
The Rode Hard trading strategy is based on the idea that stocks that have been beaten down are more likely to rebound. This is because investors are often too quick to sell stocks when they fall, and they may be underestimating the long-term value of the company.

The strategy is simple: you buy stocks that have fallen in price and hold them until they rebound. However, there are a few things to keep in mind when using this strategy:

  • Do your research. Before you buy a Rode Hard stock, you need to do your research and make sure that the company is fundamentally sound. You should also look for stocks that have been beaten down for a reason that is temporary, such as a negative news event or a short-term decline in the overall market.
  • Be patient. The Rode Hard strategy is a long-term strategy. You should not expect to make a quick profit by buying Rode Hard stocks. It may take some time for the stocks to rebound.
  • Manage your risk. The Rode Hard strategy can be risky, as it involves buying stocks that have already fallen in price. You should only invest money that you can afford to lose.
If you are patient and do your research, you can potentially make significant profits by trading Rode Hard stocks. However, it is important to remember that this strategy is not without risk.

Here are some additional tips for trading Rode Hard stocks:

  • Use technical analysis. Technical analysis can help you identify stocks that are oversold and have the potential to rebound.
  • Set stop-losses. Stop-losses are orders that sell your stock if it falls below a certain price. This can help you limit your losses if the stock does not rebound as you expected.
  • Diversify your portfolio. Don't put all of your eggs in one basket. Diversify your portfolio by buying Rode Hard stocks from different industries. This will help you reduce your risk if one industry or company underperforms.
The Rode Hard trading strategy can be a profitable way to invest in the stock market. However, it is important to remember that it is a risky strategy and you should only invest money that you can afford to lose
 
That does not work (anymore), just to mention this, because this could be important lesson for anyone, just as a gentle warning message here. I tested the stocks rebound strategy with all kind of settings at Portfolio123.com. It is not good. This forums thread was on 2010, times must have been changed since then. The only thing that survived and will survive as long as possible is the "pyramiding" or scaling in feature based on compounding of profits within a trade.
 
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