Market buy points and sell points observation

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The market is always the teacher. Work hard to be a student who discovers patterns first, and make yourself a human quant. Observe recent daily limit-up moves: with the GEM index rising more than 10%, summarize the following entry and exit points: [Taoguba]
Entry points:

  1. Don’t buy a one-word limit-up. Don’t buy on the first board. Don’t buy 3 consecutive limit-ups. Don’t go all-in.
  2. Within 5 trading days, hit limit-up twice; after the second limit-up, on the third trading day that follows, if it doesn’t open significantly higher, buy at the open; if it opens significantly higher, buy at the close. If it closes at a limit-up at the end of the day, buy at the next day’s open.
  3. Within 1 month, hit limit-up 3 times and there’s room for upside; the next day doesn’t open significantly higher—buy at the open; if it opens significantly higher, buy at the close. If it closes at a limit-up at the end of the day, buy at the next day’s open.
  4. A “second wave” move: after a pullback of around 10 trading days, hit limit-up twice; on the day after the second limit-up, if it doesn’t open significantly higher, buy at the open; if it opens significantly higher, buy at the close. If it closes at a limit-up at the end of the day, buy at the next day’s open.
  5. The GEM index’s intraday gain exceeds 10 percentage points, and trading volume expands—reaching 2 times the previous day’s figure—buy at the end of the day; or if the next day doesn’t open significantly higher, buy at the open.
  6. Don’t buy on consecutive bearish candles. After you see bullish candles stabilize, then buy.

Exit points:

  1. If there’s a big bearish candle body or a limit-down, sell immediately, or sell at the next day’s open.
  2. After buying, if there are consecutive bearish candles for two days, sell at the end of the second bearish candle day.
  3. Sell immediately when there’s an enormous-volume spike; if volume increases but the stock stalls at a rising trend, sell immediately.
  4. Sell on a one-word limit-up or on a very high opening; sell on a one-word limit-down or on a very low opening. If the board breaks and fails to recover, sell on the reclosure.
  5. Hold the position for no more than 5 trading days. After buying on the GEM index, sell in the morning of the 3rd holding day.
  6. When it hits limit-up for 3 consecutive days and volume continues to expand, consider selling.
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