Bitcoin Crash, SPY ETF Trading, Candlesticks, And Philip Morris
Every Sunday we send out a weekly strategy report. We cover stocks, bonds, and gold and what is the most likely return in the coming week. Additionally, we make a weekly backtest of relevant “action” during the past week or anything of importance being mentioned in the media. Some of this might develop into a trading strategy.
This is a very inexpensive product you can get for only 99 USD a year! Please register or read more here:
Bitcoin crash trading strategy:
Many of you have probably read about the debacle of FTX (is there more to come?). This has led to another “crash” for Bitcoin (and most other coins).
Is it a great idea to buy Bitcoin after a crash? We backtested several Bitcoin crash trading strategies:
In a recent update we made a turn-of-the-month trading strategy in Bitcoin:
Also, you might be interested in our older articles about Bitcoin:
SPY ETF trading:
As you might have noticed, we often use SPY in our backtests. SPY is one of the most traded ETFs, and it’s the oldest still trading (incepted in 1993).
We believe the stock market offers most of the “low-hanging fruit” in trading.
Philip Morris
Philip Morris (PM) is great for trading but goes under the radar. Probably too boring? PM lives mostly a life of its own compared to the overall market. Great for diversification away from the S&P 500.
Philip Morris strategy:
Shooting Star candle strategy:
Shooting Star is one of the candlestick patterns that we have backtested in our research:
We put ALL 75 candlestick patterns into strict trading rules and backtested them. You can get access to both the rules, settings, and Amibroker code. Read more here:
Which day of the week is the most volatile?
In case you are wondering which weekday is the most volatile in the stock market, we did three backtests to find out:
What Are The Worst Days To Trade Stocks?
One of the most important factors in becoming a good trader is to know when you should NOT trade. Thus,….:
McClellan and Summation Index:
We made a brief summary and backtest of the McClellan indicator: