HOLLY: “Slippery Slope” Leads 19 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, Thursday, October 25, 2018, the return from my trading performance since January 1 stands at +84.0 accumulated profit points vs the benchmark SPY’s performance of -6.7 points over the same period. On Wednesday my performance was higher +.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 Wednesday, the SPY was down -8.3. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -0.6 points.

26 stocks traded yesterday: 17 long and 9 stocks traded short in the following sectors. 11/26 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 13 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.Test Win%StrategyL/S
160Bon ShortyShort
270.2BreakoutLong
368.1Bullish PullbackLong
467.3Bullish Trend ChangeLong
563.4Cuts Like a KnifeShort
661Downward DogShort
759.1Float OnLong
866.1Knocking on ResistanceShort
965Little Big GuyLong
1069.4Looking for BounceLong
1163.2Mighty MouseLong
1262.7NickelbackLong
1363Power Hour ShortShort
1469.6Pushing Through ResistanceLong
1565.1Putting on the BreaksShort
1672.2Slippery SlopeShort
1768.4Strong Stock Pulling BackLong
1859.9Sunrise MoverLong
1960TailwindLong
2066.2Yesterday 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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