HOLLY: “Slippery Slope” Leads 17 Other Trade Ideas

HOLLY  |

“Slippery Slope” Leads The Daily Regime of Optimized Algorithms

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

As of today, Friday, November 9, 2018 the return from my trading performance since January 1 stands at +97.0 accumulated profit points vs the benchmark SPY’s performance of +13.7 points over the same period. On Thursday my performance was lower -0.4 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 -.5. My Risk-On mode, which extends the holding period for trades until the day’s close, was +.8 points.

40 stocks traded yesterday: 30 long and 10 stocks traded short in the following sectors. 7/20 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 11 are Long, bullish in outlook. 7 are Short, bearish in outlook. Ready for anything. The Slippery Slope 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
166.7Bon ShortyShort
260Bullish PullbackLong
371.4Buyers Stepping InLong
468.2Count De MonetLong
562.5Downward DogShort
662.2Downward MomentumShort
760.4Float OnLong
861.1Got Dough Wants To GoLong
962.7Knocking on ResistanceShort
1063.6Mighty MouseLong
1162NickelbackLong
1273.5On SupportLong
1366.7Power Hour LongLong
1465.2Putting on the BreaksShort
1561.1QuarterbackLong
1661.4Selling StrengthShort
1775.6Slippery SlopeShort
1866.7Strong Stock Pulling BackLong

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

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