Ok did the back test on the Aussiebulls recommendations for Lynas over the past 12 months.
The rules I went by were:
- As the information is given after trade I acted on their recommendation on the open of the following day.
- If there was a short recommendation I sold.
- I used the same dollar valuation in each trade.
Over the year there were 16 buy/sell recommendations after performing the task after the year was up I was 43% down on my investment.
Over the sixteen transactions only 4 proved profitable.
Could I back test it differently ?
At this point no magic bullet sorry to say
Computer say's Narrrrr
buy signal generated, today, page-13
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.06 |
Change
0.140(2.36%) |
Mkt cap ! $5.664B | |||
| Open | High | Low | Value | Volume |
| $6.02 | $6.12 | $5.97 | $11.52M | 1.904M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12791 | $6.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.07 | 13019 | 2 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |