yellow jacket trading strategy

Discussion in 'Trading' started by trader999, Jul 30, 2019.

  1. anyone familiar with this strategy? is it buy spx on close on opex friday and sell the following friday?
  2. Big AAPL

    Big AAPL

    Bring up a weekly chart since1/1 and see for yourself just how it performed.
  3. Bum


    Last edited: Jul 30, 2019
  4. Ryan81


    I'll do-you-one-better. Just buy and never sell!
    Lower commissions with that approach too!
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  5. tomorton


    I saw this before but didn't think then of flipping it. See, I will always be long on the Dow index if the Dow's in an uptrend - but I never short it. All indices of similar construction have an upward bias so I'd rather deploy cash into forex when the Dow is bearish. However, maybe this overnight strategy might be good for me to short the US indices.

    Worth a punt.
  6. Watch out, that one might sting you. :D
  7. MKTrader


    Yeah, this one probably backtests well, especially since 2009, simply due to the market's upward bias. The question is whether there's any edge over buy and hold. There's plenty of backtesting software that could give metrics on that. If there is any edge, it would still probably work best if you used a long-term trend filter (as you alluded to). I don't think I'd want to trade it in 2008 or 2002.
  8. tomorton


    I'm almost always going to be long the Dow because of the upward bias. Not buy-and-hold but buy and exit next week and buy next day and exit the week after.

    I never short the Dow but I will take a punt on shorting it from close to open next time it gets into a bear mode.
  9. MKTrader


    Since 1/1? How about since OPEX Fridays began? One year in a major bull market isn't going to reveal nearly enough data.
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  10. Big AAPL

    Big AAPL

    Just giving him a small sample size to start his analysis since it seems he wants to be spoon fed
    #10     Jul 30, 2019
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