Invest
Tibits I learnt from “Generate Thousands in Cash on your Stocks Before Buying or Selling Them”
By Azrael's Financial Cents  •  February 23, 2019

I'm still brushing up my knowledge on Options writing as a means to enhance and complement my investing methodology (you can see the first post here).

First to note is that the book is almost a pure TA book, annoyingly (with methodology rather subjective to me, don't have much luck with triangles and candlesticks, etc), and trading on sentiments (which I don't have much luck either). That being said, the various custom indicators he used (probably because charting software was rather old during the 2000s), could be replaced and similar indicators should give similar results (he has MACD, ADX, MAs though). Some examples are:

5 Day Oscillator (short term strength), can be replaced with Percentage Price Oscillator (?) 3 Day Difference (price delta), probably Rate of Change (?) Buy and Sell Envelopes, feels like a Bollinger band or even a Keltner Channel (?) Buy Below/Above and Rally Numbers (price delta) ...
Read the full article
By Azrael's Financial Cents
Azrael is the author behind Azrael's Financial Cents, a personal diary of his journey towards Financial Freedom. Hopefully, while sharing his experience, he can help his readers and better himself too.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance