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The 3X3 Swing Trading Strategy - YouTube

Learn how to master the 3X3 Swing Trading Strategy for successful swing trading in just two hours a week.

The 3X3 Swing
  • Trading basics 6:00
  • Step one – the stop loss 14:20
  • Step two – the first target 19:30
  • How to handle a gap 24:30
  • Why you can’t lose your money? 26:50
  • Annual results 31:10
  • System summary 34:28
  • How to use automated orders 35:30
  • Q&A session 37:15
Trade setup

Only look for stocks above 10$ and with daily average volume +700k because those are the one traded by institutional investors

A Possibel screener could be Finviz.com

https://finviz.com/

Look for the trend (long or short) of the stock based on the daily candles, look for higher/lower highs and higher/lower lows. Look for resistance/support.

Use a different platform for daytraden and swingtraden


Meir Barak – Tradenet Day Trading Academy

Trade management
  1. Set entry 1 CENT above/below the resistance/support
  2. Set your SL around 3% above/below entry point (or at previous resistance/support if you are an experienced trader, if not follow the 3% rule as it was backtested for most stocks)
  3. Take 3/4 of your position out when you hit 3% profit.
  4. Raise your SL for the remaining 1/4 entry point.
  5. Sell remaining 1/4 at 6-12% gain
  • If the trade didn’t trigger within 2 weeks cancel the order
  • If the order didn’t reach a target within the week I take my loss/profit, don’t leave it open during the weekends.

Personal thought: You could put a 3% trailing stop on the remaining 1/4 position.

Trade automation
  • PREMARKET STOP LIMIT ORDER
  • STOP PRICE/LIMIT PRICE : ENTRY PRICE
  • IMPLEMENT RANGE
  • HIGH RANGE: TP +3%
  • LOW RANGE: SL -3%
Screener direct url: https://www.finviz.com/screener.ashx?v=211&f=sh_avgvol_o750,sh_curvol_o750,sh_insttrans_pos,sh_price_o10,sh_relvol_o1,sh_short_low,ta_highlow20d_b0to3h,ta_highlow50d_b0to3h,ta_highlow52w_b0to3h,ta_sma20_pa,ta_sma200_sb50,ta_sma50_sb20&ft=4

or

https://finviz.com/screener.ashx?v=211&f=cap_small,fa_salesqoq_o30,sh_insttrans_o50,ta_rsi_30to45&ft=4
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CANSLIM strategy

The William O’Neil CAN-SLIM-esque strategy is a growth investing strategy inspired by a proprietary model devised and owned by US investor and publisher William O’Neill. It focuses on growth metrics but also has a momentum component to determine when stocks should be bought and sold. The 7-pronged formula focuses on Current Earnings, Annual Earnings, New Highs, Products or Management, Supply & Demand for the shares, Leaders over Laggards in a sector, Institutional Support and Market conditions. William O’Neill wrote: “What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower.” Studies by the American Association of Individual Investors in the US have found that investing rules based on O’Neill’s approach have been some of the most successful over the last decade. The so called ‘CANSLIM’ acronym is a registered trademark of Investors Business Daily, and the approach has become famous and well followed in the USA.

This screen uses the following criteria:

  • EPS Gwth % Q on Q > 15
  • EPS Gwth % Q on PYQ > 15
  • EPS Gwth % > 10
  • EPS Gwth % 1y Ago > 10
  • EPS Gwth % Forecast 1y > 0
  • ROE % > 15
  • % vs. 52w High > -15
  • Rank ( RS 1y ) > 75%
  • % 50d MA > 0
Step 1: Set all criteria as shown

Go to Finviz.com go to the ALL tab and select the following criteria or click the image:

Step 2: Create alert like the pro’s

You could get alerted every-time a new stock meets the above criteria.

Step 2: Relax and take action!
    • You could place an alert and check if things are changing to get rid of the once disappearing from the list
    • You can adapt it to your own strategy it is up to you but it is a good place to start for beginners wanting to build a solid portfolio

Link to the screens:

https://finviz.com/screener.ashx?v=211&f=an_recom_buybetter,fa_debteq_u1,fa_div_o1,fa_eps5years_pos,fa_estltgrowth_o10,fa_roe_o15,fa_sales5years_o10,fa_salesqoq_pos,ipodate_more5,sh_avgvol_o200,sh_short_u10&ft=4

FinViz Features
Feature Free Registered FINVIZ*Elite
Quotes, Charts, Screening Delayed Delayed Realtime
Maps, Groups 3-5 min 3-5 min Realtime
Intraday Charts No No Yes
Advanced Charts, Technical Studies No No Yes
Technical Studies Backtest No No Yes
Fundamental Charts No No EPS, Sales, Shares
Email Alerts No No Price, Insider, Rating, News
Correlations No No Yes
Officers No No Yes
Portfolios per User No Max 50 Max 100
Tickers per Portfolio No Max 50 Max 100
Screener Presets No Max 50 Max 100
Screener Rows per Page (table / charts / snapshots) 20 / 36 / 10 20 / 36 / 10 Max 100 / 120 / 50
Screener Export No No Yes
Screener Custom Ranges, Stats View No No Yes
Layout Customization No Layout, Signals Layout, Signals
Without advertisement No No Yes

If you like those kind of posts please comment below or if you have questions or want to see other things, feel free to aks…

Like any screening strategy, it only reduces, not eliminates, research time. Because a screen cannot identify all risks, use screening strategies to provide a list of stocks that you would be interested in researching further as opposed to a tool that tells you exactly what to buy at any given period of time.

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Solid portfolio idea for building your first stock portfolio…

The risk-reward strategy is designed to find stocks with attractive valuations, strong financials and good business models.

Step 1: Set all criteria as shown

Go to Finviz.com go to the ALL tab and select the following criteria or click the image:

Step 2: Create alert like the pro’s

You could get alerted every-time a new stock meets the above criteria.

Step 2: Relax and take action!
  • You could check this list every month if you want and focus on the top 10
  • You could place an alert and check if things are changing to get rid of the once disappearing from the list
  • You can adapt it to your own strategy it is up to you but it is a good place to start for beginners wanting to build a solid portfolio

https://finviz.com/screener.ashx?v=211&f=an_recom_buybetter,fa_debteq_u1,fa_div_o1,fa_eps5years_pos,fa_estltgrowth_o10,fa_roe_o15,fa_sales5years_o10,fa_salesqoq_pos,ipodate_more5,sh_avgvol_o200,sh_short_u10&ft=4

FinViz Features
Feature Free Registered FINVIZ*Elite
Quotes, Charts, Screening Delayed Delayed Realtime
Maps, Groups 3-5 min 3-5 min Realtime
Intraday Charts No No Yes
Advanced Charts, Technical Studies No No Yes
Technical Studies Backtest No No Yes
Fundamental Charts No No EPS, Sales, Shares
Email Alerts No No Price, Insider, Rating, News
Correlations No No Yes
Officers No No Yes
Portfolios per User No Max 50 Max 100
Tickers per Portfolio No Max 50 Max 100
Screener Presets No Max 50 Max 100
Screener Rows per Page (table / charts / snapshots) 20 / 36 / 10 20 / 36 / 10 Max 100 / 120 / 50
Screener Export No No Yes
Screener Custom Ranges, Stats View No No Yes
Layout Customization No Layout, Signals Layout, Signals
Without advertisement No No Yes

If you like those kind of posts please comment below or if you have questions or want to see other things, feel free to aks…

Like any screening strategy, it only reduces, not eliminates, research time. Because a screen cannot identify all risks, use screening strategies to provide a list of stocks that you would be interested in researching further as opposed to a tool that tells you exactly what to buy at any given period of time.

Legal Disclaimer

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Bitcoin Sentiment:

Weekly Bitcoin trend (long-term)

Bitcoin still looks bearish long term, but in that oversold zone on the weekly timeframe. Lets see if it will reverse or go deeper.

Daily Bitcoin trend(short-term)

Lets see if Bitcoin bounces back again from it previously set support, the intensity of the bounce will tell us what we can expect for the future weeks to come

Other site’s trend directions:
Source Trend
DailyFX Down
Investing.com Neutral
GSIMarkets Strong Sell

Action plays?

  1. You can wait for a confirmation and see what the coming week will bring.
  2. Investing: You could buy now a small portion of your portfolio and add a stop loss with the maximum $$$ you are willing to loose… Only if you think it will pop up…
  3. Trading: A short term play for the bounce is possible with a tight Stop-loss

If you are interested on how to calculate this entry based on your portfolio or risk-appetite, let me know in the comments..

What are your thoughts about BTC’s short & long-term trend? Will Bitcoin go lower or is it ready to bounce…?

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BTC/USD: Weekly

Bitcoin still looks bearish long term, still in that oversold zone on the weekly timeframe. Lets see if it will reverse or go deeper.

The first time I think I say BTC up for the month but it keeps testing that same low zone which could break before starting the long awaited reversal…

from finviz
Source Trend
DailyFX Down
Investing.com Neutral
GSIMarkets Strong Sell

Action plays?

  1. You can wait for a confirmation and see what the coming 2 weeks will bring.
  2. Investing: You could buy now a small portion of your portfolio and add a stop loss with the maximum $$$ you are willing to loose… Only if you think it will pop up…
  3. Trading: A short term play for the bounce is too risky and not enough upward potential…

If you are interested on how to calculate this entry based on your portfolio or risk-appetite, let me know in the comments..

What are your thoughts about BTC’s short & long-term trend? Will Bitcoin go lower or is it ready to bounce…?

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BTC/USD: Weekly

Bitcoin still looks bearish long term, but seems to get in an oversold position on the weekly timeframe which could lead to a reversal. If it breaks through 8000 then we can re-evaluate to see if the long term trend has changed. If a higher high and followed by a higher low is coming we would be set for a long term reversal…

Like you can see on the dailyfx website, nothing much has changed since last week.

On investing.com website almost all timeframes are showing a BUY signal. Looking at some technical indicators BTC is oversold and could start his long term reversal move.

Another website https://www.gsimarkets.com/btc/index2.php is showing the same thing based on technical indicators…

You could play this 2 ways…

  1. You can wait for a confirmation and see what the coming 2 weeks will bring.
  2. You could buy now a portion of your portfolio with a stop loss with a maximum you are willing to loose…

If you are interested on how to calculate this entry based on your portfolio or risk-appetite, let me know in the comments..

What are your thoughts about BTC’s weekly trend?

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Momentum investing
“Indicative performance : 32.00%pa  (geometrically) monthly return 2.34%” from Quantpedia.com 

Momentum investing is a system of buying stocks or other securities that have had high returns over the past three to twelve months, and selling those that have had poor returns over the same period.

While there is a large literature documenting the profitability of momentum strategies, their implementation is afflicted with many difficulties. Most importantly, high turnover and costs to hold short positions, especially in small-cap stocks, result in high transaction costs. I tried to implement this simple investment strategy that invest long in single stocks and also short.

https://docs.google.com/spreadsheets/d/17mwbBEUEkdW3f7RjQRXBFvIx1GvEf-iD1ai_u2NOg2k/edit?usp=sharing

The momentum anomaly is one of the strongest and also oldest described anomalies in the market. The main reasons for anomaly persistence are behavioural biases, for example, if a firm releases good news and the stock price only reacts partially to the good news, then buying the stock after the initial release of the news will generate profits.

Academic research usually uses portfolios filled by at least thousands stocks to compute momentum factor returns. Recent academic research shows the momentum effect could be easily captured even with a portfolio consisting of up to 50 stocks, lets see if it is possible with 10 to 20 stocks…

Simple investment strategy

Stocks with the lowest market capitalisation are excluded due to liquidity reasons. Momentum profits are calculated by ranking companies on the basis of their stock market performance over the previous year. The investor goes long in the 5-10 stocks with the highest performance and goes short in the 5-10 stocks with the lowest performance. The portfolio is equally weighted and rebalanced yearly. We assume the investor has a 10k-20k account size.

I use Finviz.com to screen for the top performing stocks.

This article was inspired by a strategy I found on Quantpedia.com 

Conclusion

Quantpedia has hundreds of strategies, some of which are free, like the one I looked at in this post. They aim to aggregate academic research. Finding which ones work in today’s markets is the real challenge, since the papers for this strategy only captured results from 1988-2006. Testing this strategy allows you to act on research with confidence. You can always backtest this strategy on  Quantconnect.com, they recently partnered up with Quantpedia!

If you find this post interesting let me know in the comments. If so I will restrict my investment universe to large-capitalised stocks included in the S&P 100 index.

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BTC/USD: Weekly (Short-term up – long term down)

Bitcoin still looks bearish, short-term reversal still more then possible.

Like you can see on the https://www.dailyfx.com/bitcoin website, nothing much has changed since last week:

Also on the investing.com website you can see that the weekly timeframe show bearish signs. Although you could play the technical indicators short term to play that reversal according this last website on they daily timeframe.

Still patiently waiting for a market reversal…

What are your thoughts about BTC’s weekly trend?

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BTC/USD: Weekly (DOWN)

Bitcoin still looks bearish, short-term reversal play could be at hand here.

Like you can see on the https://www.dailyfx.com/bitcoin website, there is not much room to play that reversal move.  Also on the investing.com website you can see that the daily/weekly timeframe show bearish signs. Although you could play the technical indicators short term to play that reversal according this last website.

Still patiently waiting for a market reversal…

What are your thoughts about BTC’s weekly trend?

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