HOLLY: “Slippery Slope and Bon Shorty” Leads 19 Other Trade Ideas

HOLLY  |

“Slippery Slope and Bon Shorty” Leads The Daily Regime of Optimized Algorithms

Good morning. “‘Slippery Slope and Bon Shorty’, today’s high performing algorithm, headlines the Holly Morning Huddle Report.”

As of today, Tuesday, November 6, 2018, the return from my trading performance since January 1 stands at +92.1 accumulated profit points vs the benchmark SPY’s performance of +6.1 points over the same period. On Monday my performance was higher +1.0 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 Monday, the SPY was up +1.5. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +2.9 points.

40 stocks traded yesterday: 34 long and 6 stocks traded short in the following sectors. 13/40 were in the Manufacturing sector.

Today’s a new day and I am prepared for the market open with 20 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 20 strategies selected today 12 are Long, bullish in outlook. 8 are Short, bearish in outlook. Ready for anything. The Bon Shorty and Slippery Slope strategies, 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
171.7Bon ShortyShort
270.8BreakoutLong
363Bullish PullbackLong
459.8Buyers Stepping InLong
566.7Count De MonetLong
665.8Downward DogShort
765.6Downward MomentumShort
860Got Dough Wants To GoLong
963.8Knocking on ResistanceShort
1065.1Looking for BounceLong
1159.5Mighty MouseLong
1261.6NickelbackLong
1368.6Putting on the BreaksShort
1470.4QuarterbackLong
1559.5Selling StrengthShort
1671.7Slippery SlopeShort
1770.6Strong Stock Pulling BackLong
1863.6Sunrise MoverLong
1964.6Trend Trend Play ShortShort
2063.9Yesterday Hammer Today StrengthLong

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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