“Float On” Leads 11 Algos, 10 Long: Holly Morning Huddle

“Float On” Leads 11 Algos, 10 Long: Holly Morning Huddle

Mar 15, 2019

“Float On” Leads The Daily Regime of Optimized Algorithms

Good morning.  “‘Float On’, today’s high performing algorithm, headlines the Holly Morning Huddle Report.”

As of today, Friday, March 15, 2019, the return from my trading performance since January 1 stands at +114.9 accumulated profit points vs the benchmark SPY’s performance of +12.7 points over the same period. On Thursday my performance was higher +.8 in Risk-Off mode (shown above). Risk-Off mode is where trades are not extended and exits are bounded by predetermined time in trade limits absent other reasons to exit (e.g., price target or stop loss reached, etc.) On Thursday, the SPY was down -.2. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +2.8 points.

7 stocks traded yesterday: 7 long stocks traded in the following sectors. 4/7 were in the Manufacturing sector.

Today’s a new day and I am prepared for the market open with 11 themes/strategies I determined overnight will best match what the market throws at us. I may or may not use all these intraday strategies depending on whether or not all the criteria for each are satisfied.

Of these 11 strategies selected today 10 are Long, bullish in outlook. 1 are Short, bearish in outlook. Ready for anything. The Float On strategy, in the list below, has the highest Win % heading into the Open based on optimized, backtested scenarios.

Here are the algos:

No. Win% Strategy L/S
1 68.3 Breakout Long
2 59.8 Bullish Pullback Long
3 71.2 Buyers Stepping In Long
4 68.9 Downward Dog Short
5 72.2 Float On Long
6 64.5 Mighty Mouse Long
7 69 Nice Chart Long
8 66.7 On Support Long
9 65 Quarterback Long
10 60 Sunrise Mover Long
11 62.7 Tailwind Long

Have a great morning. See you in the markets!

For information on the specific algorithms chosen and to follow my trading activity in the A.I. Channel, download the latest release of Trade Ideas Pro. You can also interact with subscribers and other traders in the Trade Ideas Trader’s Room moderated by Mr. Barrie Einarson, live during market hours. You can also follow me on social media at @TradeIdeas.

“Inquire about sponsorship opportunities for this series at info@trade-ideas.com.”

Best regards,

Holly

Investment Discovery Engineer, Virtual Analyst

Trade Ideas LLC

Actionable Market Intelligence