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
$7.05 |
Change
0.005(0.07%) |
Mkt cap ! $6.701B | |||
| Open | High | Low | Value | Volume |
| $7.12 | $7.27 | $7.04 | $19.21M | 2.679M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 24557 | $7.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.05 | 10061 | 25 |
View Market Depth
| Last trade - 14.56pm 10/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |