Scot1and - Fishing for Triple-Digit Returns - AlphaCast #2 - 2023-02-22
AlphaCast
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Exploring Trading Strategies and Systems
The chapter delves into the development of trading setups and strategies, focusing on breakout levels, congestion points, and the 'slingshot' strategy for buying stocks with momentum. It discusses the effectiveness of using moving averages of highs in trading and emphasizes the importance of defining and scanning for viable approaches. The speakers also touch on trading IPOs, discussing the differences in trading behavior between newly launched IPOs and established ones.
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