LiveTradingSystem Signal
Live Trading System: hosted by David Lee (Twitter ID: SimpleMoneyZone).
System Update: The system held cash for 10 trading days, went short for 2 trading days, and held long for 5 trading days so far. We took a bit of heat before taking off. This Long is a Type-A (Oversold Long) Long. The system is currently leaving the I-zone of Type-A and entering the II-zone of Type-A. This means that we will have different, and usually more strict, sell rules waiting ahead. I will confirm this transition at the market close today. We also need to be aware that anytime we have the sell signal at this point, it will trigger the Short signal immediately. Timing model-wise, the ultra-short-term timing model seems to be bullish for the next two weeks. The short-term timing model is seeing some less bearish scenarios compared to before. The mid-term timing model still sees that we are having the mid-term bottom since last October and will see ATHs by the end of this year. This information is just for guidance purposes. I will follow my trading system. Thank you very much for everyone’s patience.
Disclaimer: Trading stocks involves high risks and you can lose money. You are responsible for your own investment decisions.
