beachdingo.
go take a weekend off, study how to program backtesting, and do some backtesting.
choose a wide variety of stock and over several time periods.
start off with say 250K funds and see what your returns are if you were to buy on a bullish engulfing signal.
then instead, reverse action and sell instead of buy.
bullish engulfing means buy buy buy, but if i chose to sell sell sell, i should be way way way worse off but guess what ? no bloody difference.
* bullish engulfing, page-15
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Last
$6.29 |
Change
-0.125(1.95%) |
Mkt cap ! $5.879B | |||
| Open | High | Low | Value | Volume |
| $6.31 | $6.34 | $6.27 | $2.633M | 418.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 12527 | $6.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.29 | 16197 | 55 |
View Market Depth
| Last trade - 11.24am 10/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |