Sounds interesting, but we still don't know where your stop is located. Stock XYZ can close 1 penny higher than the previous close but lose $10 during the day (a 15% drawdown for instance), before closing higher. So yes, you "won" the bet (a 0.0001% profit for example) but you had to endure a 15% drawdown.
I think he is saying it will go +1 before it goes -1 which are his target and stop. But unfortunately this still does not account for large gaps. Can anyone say "after the close Netflix Earnings"?
Let's say ABC stock closes at 105. Where are the stop/take-profit for the next trade, according to you?
Do your thing man, post those numbers for 100 days. What do the previous 100 day's results of this method show?
Looking at the method I believe if the signal is to close higher you buy at the end of the day and sell and reverse the next day at the close if the signal show lower. If the signal the next day at the close shows higher you continue to hold. No target no stop.
Unfortunately all the trade turn out to be loser. INTC: Lose AMD-Lose FB- Lose MSFT - Lose Current win rate = 0%
Prediction for 10/12 INTC- close lower. SL/PT = $0.8 AMD- close lower. SL/PT = $1.5 FB - close lower. SL/PT = $8 MSFT - close lower. SL/PT = $3.5