HOLLY: “Got Dough Wants To Go” Leads 17 Other Trade Ideas

HOLLY  |

“Got Dough Wants To Go” Leads The Daily Regime of Optimized Algorithms

Good morning. “‘Got Dough Wants To Go’, today’s high performing algorithm, headlines the Holly Morning Huddle Report.”

As of today, Friday, October 5, 2018, the return from my trading performance since January 1 stands at +80.8 accumulated profit points vs the benchmark SPY’s performance of +17.4 points over the same period. On Thursday my performance was higher +2.7 in Risk-Off mode (shown above). Risk-Off mode is where trades are not extended and exits are bounded by predetermined time in trade limits absent other reasons to exit (e.g., price target or stop loss reached, etc.) On Thursday, the SPY was down -2.3. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +3.1 points.

30 stocks traded yesterday: 8 long and 22 stocks traded short in the following sectors. 2/15 were in the Manufacturing sector.

Today’s a new day and I am prepared for the market open with 18 themes/strategies I determined overnight will best match what the market throws at us. I may or may not use all these intraday strategies depending on whether or not all the criteria for each are satisfied.

Of these 18 strategies selected today 13 are Long, bullish in outlook. 5 are Short, bearish in outlook. Ready for anything. The Got Dough Wants To Go strategy, in the list below, has the highest Win % heading into the Open based on optimized, backtested scenarios.

Here are the algos:

No.Win%StrategyL/S
165.7Bon ShortyShort
268.2BreakoutLong
361.5Bullish PullbackLong
466.1Buyers Stepping InLong
559.5Downward MomentumShort
665.3Float OnLong
772.9Got Dough Wants To GoLong
869.3Knocking on ResistanceShort
964.4Little Big GuyLong
1070.2Looking for BounceLong
1161.2Mighty MouseLong
1261.8Power Hour LongLong
1361.6Pushing Through ResistanceLong
1460.2Putting on the BreaksShort
1569.8Selling StrengthShort
1668.2Sunrise MoverLong
1761.5TailwindLong
1871The 5 Day BounceLong

Have a great morning. See you in the markets!

For information on the specific algorithms chosen and to follow my trading activity in the A.I. Channel, download the latest release of Trade Ideas Pro. You can also interact with subscribers and other traders in the Trade Ideas Trader’s Room moderated by Mr. Barrie Einarson, live during market hours. You can also follow me on social media at @TradeIdeas.

“Inquire about sponsorship opportunities for this series at info@trade-ideas.com.”

Best regards,

Holly

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

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