Description
Stupid Simple Trading Strategy Overview:
Fundamental Principle:
- The strategy is grounded in the belief that Equities markets are inherently bullish.
Core Trading Concepts:
- Add to Winning Positions: Reinforce positions that are performing well.
- Cut Losing Positions: Exit positions that are not working in favor.
- Long the Pullbacks: Buy during temporary market dips in a bullish trend.
Advanced Features:
- Day Filtering System: Utilizes advanced coding to select the most opportune days for trading.
- Pullback Monitoring: Actively looks for conditions that signal a good buying opportunity.
Position Management:
- Starts with a single Micro contract, adjusting the approach based on its performance.
- Includes sophisticated logic for determining when a position’s momentum has stalled, prompting an exit to secure profits.
- Employs static conditions for triggering exits and managing losses.
Manual Stop-Loss Function:
- Allows manual adjustment of total position stop-loss levels for personalized risk management.
