Entries by lbernut

Daily Equity Indices 2015 – 03 – 25

Bullish Weakness: general trend remains bullish. Temporary weakness is over, now the uptrend resumes. Low Volatility Channel is 1 ATR below the swing low. Bearish strength: general trend remains bearish. Temporary rally is over, now the downtrend resumes. High Volatility Channel is 1 ATR above swing high Bear markets start in highly volatile sideways markets: bulls […]

Daily ETF 2015 – 03 – 24

5 simple steps to build, understand and use charts Trend definition: A bullish trend is a succession of Higher Highs and Higher Lows. A bearish trend is a succession of Lower Lows and Lower Highs. Paint and annotate price bars: This is a simple intuitive visual aid. Olive for bullish, Tomato for bearish. Swing Highs are in […]

Is Stock Picking Overrated ?

Summary If 80% of managers underperform their benchmark, we probably focus on the wrong thing. How about focusing on gain expectancy instead of stock picking ? Signal module: how often we win (hit ratio) is not a function of what we enter (stock picking) but how we exit. Money is made in the money management module: […]