I posted this round about in another forum before I knew exactly what I was dealing with. I'm looking for some help. I have a friend that is starting a super small hedge fund that will trade based on fundamentals. All he knows is research and stock selection. He has asked my help for technical trade rules. My experience is only with day trading so I was hoping someone could help me with good rules to use for entering trades (lets say longs) that might last up to a few months. Entries that might improve the odds of the trade to help him get going on the right foot. Thanks for your help, have a good new year.
Assuming it's a robust strategy to begin with. If your entries are price/chart based couldn't he just apply your rules to a longer time frame?
I don't know whether I would like to invest in a hedge fund that times trade entries based upon the advice that a friend received from anonymous strangers on a chat board. Somehow it seems a bit less than professional.