[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

[EquisMetaStock Group] Re: Buy High or Low? - an informal poll



PureBytes Links

Trading Reference Links

Ahh... a trend-follower... :)


j '-)
http://www.metastocktools.com



--- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@xxx> wrote:
>
> Are we having wine or coffee?:-)
> 
> I would go for strategy Y.
> 
> Preston
> 
> 
> 
> --- In equismetastock@xxxxxxxxxxxxxxx, "Jose Silva" <josesilva22@> 
> wrote:
>
> 
> Hmmm... perhaps I've made it sound more complicated than it needs 
> to be.
> 
> Imagine it's 7pm in the evening, 3 hours after market close, and 
> the day's final data arrives.  We now know today's Open, High, Low
> and Close of the day with 100% certainty.
> 
> We look at our finalized data, and find that today our favorite 
> stock has closed within 4% of today's High.  Our decision now is:
> 
>  1) Go Long at tomorrow's Open (strategy Y).
> 
> OR
> 
>  2) Go Short at tomorrow's Open (strategy X).
> 
> 
> Which strategy is more likely to be profitable in the long run?
> 
> ---------------------------------------------
> 
> Strategy Y:
> ==========
> 
> * Buy Long at tomorrow's Open if today's Close was within
>   4% of today's High.
> 
> * Sell Long at tomorrow's Open if today's Close was within
>   4% of today's Low.
> 
> 
> Strategy X:
> ==========
> 
> * Buy Long at tomorrow's Open if today's Close was within
>   4% of today's Low.
> 
> * Sell Long at tomorrow's Open if today's Close was within
>   4% of today's High.
> 
> ---------------------------------------------
> 
> 
> Y is basically a short-term trend-following strategy.
> X is basically a short-term contrarian strategy.
> 
> So, which strategy is more likely to be profitable in the long run, 
> Y or X?
> 
> 
> jose '-)
> http://www.metastocktools.com





 
Yahoo! Groups Links

<*> To visit your group on the web, go to:
    http://groups.yahoo.com/group/equismetastock/

<*> Your email settings:
    Individual Email | Traditional

<*> To change settings online go to:
    http://groups.yahoo.com/group/equismetastock/join
    (Yahoo! ID required)

<*> To change settings via email:
    mailto:equismetastock-digest@xxxxxxxxxxxxxxx 
    mailto:equismetastock-fullfeatured@xxxxxxxxxxxxxxx

<*> To unsubscribe from this group, send an email to:
    equismetastock-unsubscribe@xxxxxxxxxxxxxxx

<*> Your use of Yahoo! Groups is subject to:
    http://docs.yahoo.com/info/terms/