Trade Ideas Blog

“Slippery Slope and Tailwind” Leads 13 Algos, 5 Short and 8 Long: Holly Morning Huddle

Dec 20, 2018

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

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

As of today, Thursday, December 20, 2018, the return from my trading performance since January 1 stands at +101.3 accumulated profit points vs the benchmark SPY’s performance of -16.3 points over the same period. On Wednesday 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 Wednesday, the SPY was down -4.1. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +1.4 points.

45 stocks traded yesterday: 32 long and 13 stocks traded short in the following sectors. 22/45 were in the Manufacturing sector.

Today’s a new day and I am prepared for the market open with 13 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 13 strategies selected today 8 are Long, bullish in outlook. 5 are Short, bearish in outlook. Ready for anything. The Slippery Slope and Tailwind  strategies, 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 59.8 Bon Shorty Short
2 61 Bullish Pullback Long
3 62.3 Close to a cross Long
4 60.6 Cuts Like a Knife Short
5 60.7 Float On Long
6 63.3 Knocking on Resistance Short
7 59.8 Little Big Guy Long
8 63.2 On Support Long
9 61.8 Power Hour Long Long
10 67.3 Slippery Slope Short
11 67.3 Tailwind Long
12 65.1 The 5 Day Bounce Long
13 64.1 Topping Formation Short

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

Investment Discovery Engineer, Virtual Analyst

Trade Ideas LLC

Actionable Market Intelligence