My simple T/A system

[FD1000]

For years, I usually invested in the market at 99+%. I use quick trades only several times annually for hours to days to make a quick 1-2+% without increasing my portfolio volatility long term. I'm only looking at a high success, over 80%.

1) MACD: wait for a pullback of at least 6-8%,  MACD must be negative first then going up with a clear uptrend, buy on the first day of positive, hold 1-5 days and sell. See the (chart).



2) 3 line break: is a faster indicator, works great for single stocks. Similar theory, wait for a decline of several red bars, buy on the first green bar.  (Chart)




Below is a real trade.  I bought SPY on 11/04 at 3:48 and sold the next morning at the opening. That was 12 minutes in the market. 
That trade was in my IRA which was fully invested in bond mutual funds.  At Schwab, you can buy SPY first, then I sold exactly $309,483 from my bond mutual fund.  Fidelity will not let you do it because you don't have cash in your IRA.
Why did I sell so quick? It depends on how greedy I am.  At that point I made a lot more than our need for the year and over 1.5% looked like as a great risk/reward trade.

[Chahta]

Is 5 days the max before selling? Do you ever look at maybe holding longer as long as the MACD doesn’t turn down?

[FD1000]

Dec 29, 2020 23:59:10 GMT Chahta said:

Is 5 days the max before selling? Do you ever look at maybe holding longer as long as the MACD doesn’t turn down?

In the past definitely. In the last 3 years not so much depending on what fund is it, what is the amount, how I see markets at the moment, what % I made already. 

Generally, I found the MACD setup has very good results just in 1-5 days after it gets to be positive.  After that market movement are more the norm.  It makes sense if you think about it.
SP500 went down about 10%, you buy back when it's 3-5% from the bottom, chances it will be up another 2-3%.  

The more it goes down the better the results are, and you can hold longer.