RE: Stage Analysis Beginners Questions
(2022-11-07, 10:34 PM)ferran Wrote: Thanks for the elaborate answer, some good tips in there.
I've been also mostly sidelined for the last half year atleast, but my fingers are itching on those top performing sectors (and feeling some FOMO on some of these runs on solar, oil).
Regarding the market breadth, I see you typically accompany the market breadth posts with a specific strategy you would take, which is very useful. Is there anywhere on the website an aggregation of these strategies for the different breadth conditions (eg below/above 40%, 40-60%, 80+%)? This would be useful to study myself and also see how this fits my own strategy sofar.
One thing I was thinking about to limit my watchlist was to focus only large/midcaps, but I'm not sure if I then exclude to highest potential trade ideas.
I haven't published the strategy as yet, as it's something that I'm still developing, but it is based on the work of Dorsey Wright and the Bullish Percent Index Playbook that they created years ago in their service. Which has different strategies based on the NYSE Bullish Percent Index position and whether it's in Xs (Offense) or Os (Defense). So I use that concept, but applied to the combined Moving Average Breadth charts and with my own Stage Analysis focused strategies at the different levels, and none of the options strategies that the DW Playbook uses.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.