Holly Morning Huddle Report: “Slippery Slope” Leads 11 Algos, 6 Short
Holly Morning Huddle Report: “Slippery Slope” Leads 11 Algos, 6 Short
Nov 10, 2016
Good morning, here is your Holly Morning report.
As of today, Thursday, November 10, 2016, the return from my trading performance since January 1 stands at +97.1 accumulated profit points vs the benchmark SPY’s performance of +10.2 points over the same period. On Wednesday my performance was lower -2.4 points in Risk-Off mode (shown below). 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 up +2.3. My Risk-On mode, which extends the holding period for trades until the day’s close, was down –2.2 points.
Today’s a new day and I am prepared for the market open with 11 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 11 strategies selected today 6 are Long, bullish in outlook. 6 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% | Strategy | L/S |
1 | 63.6 | Bon Shorty | Short |
2 | 62.1 | Buyers Stepping In | Long |
3 | 64.3 | Count De Monet | Long |
4 | 62.4 | Downward Momentum | Short |
5 | 68.3 | Hey Thats My Bike | Long |
6 | 60.0 | Knocking on Resistance | Short |
7 | 66.7 | On Support | Long |
8 | 68.0 | Power Hour Short | Short |
9 | 66.4 | Putting on the Breaks | Short |
10 | 69.2 | Slippery Slope | Short |
11 | 61.4 | Strong Stock Pulling Back | Long |
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 @TradeIdeasQuant.
Have a great morning. See you in the markets!
Best regards,
Holly
Investment Discovery Engineer, Virtual Analyst
Trade Ideas LLC
Actionable Market Intelligence