I just revisited the indicator "Volatility calibrated ATR" on TradingView. The author goes by the name "bitmexstorm". In the Nasdaq 100 / NDX, the results on timeframe "daily" have been very good in the past. I've discovered that whenever a sell signal was taken on the upside, the sell signal level was often a price floor for the NDX and another great buy signal if you had missed the original buy signal. Right now, this price floor is at around 14,000 - 14,360 points. This may become another great buying zone if we fall from current levels (Futures contract currently at around 15,117 points). Why do those long / buy signals work so well ? It's because the US stock market has an upward drift, and this indicator seems to catch upward moves well after sell-offs.
I want to share this short video by my personal favorite german daytrader, Markus Keil. Unfortunately, this video is in his native german language (I'm german, too). Markus has hit a new high in his equity, as have his coachees. Length of video around 4 minutes, very short.
%% LOL, good thing he put 2 charts on it \one going down+ 1 going green up. Like an inverse. I want to listen to that T Basso { Trendstat} page 1 ]video, maybe monday
Tom Basso, featured in "The new market wizards", has updated his website, enjoytheride.com 2020 was his best year as a trader, he realized a capital gain of almost 100% ! https://enjoytheride.world/interviews/
%% He does NOT look old enough to retire; listening to his ''ALL Market Cycles Interview, JUNE 17,2023'' I remember his co name , very thoughtful ''Trend Stat {Capital Management}'' I have his ''Panic Proof Investing'' book but my version has redwood tree + bean sprout on cover LOL+ true. Great read ; his chapter ''Beware the 10 year Track Record '' maybe a good warning\ so few have been in business for 10 years.{Edit, Rosanna interview; has the thoughtful feature of chapter names on his video} Thanks
Another update by Markus Keil, from 07/01/2023 . Length 06:37 Minutes, language is german. New equity high for him.
%% I THOUGHT that sounded a bit high for TrendStat; but that sounds right / like his personal account.[Retired from TrendStat Capital Management 2003] Good trend comment of his on FB + Twitter,JUNE 27 still up to date for Tech sector anyway. Thanks
"You’ll learn innovative concepts in extreme diversification, futures trading, and equity exposure, along with insights on how to structure—and customize—your portfolio." Tom Basso's newest book, was published this year, 2023, to great reviews.
Page 28 of this thread, #274, I suggested buying shares of dutch company Philips, then trading @ around 12.80 € (October 31st, 2022). The shares closed at 20.68 € yesterday, I still think they may see 26 € within the next 4 - 5 years. Plus, the company pays out a dividend. I do think though the company is now close to being fairly valued based on future earnings.
Altria will raise its dividend this year to 0.98 US$ / quarter, up from 0.94 US$ last business year. https://www.marketwatch.com/story/a...-dividend-by-4-3-to-98-cents-a-share-93947bb3