Trading stratergy?......

9

96pills

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what do you think of this as a strategy. Very simple, not advanced and probably sounds bad at first but it works.
It is going long on the biggest faller and going short on biggest riser of the day, just before close. It seems to work.

Who else agrees, Persimmons is worth a short. why is it rising when homebuilding is suffering.
 
becasue after writedowns the land bank is still worth £6 a share

Salamander has been pretty much the biggest risers 3 days in a row.

the problem is sometimes stocks are up/down for a reason and they keep on going that way, especially if you're leaving position open overnight, they could open 2 or 3 % against you the next day very easily.

some might fancy it but too risky for me (although i may be a control freak!)
 
kk ur probs rite, i am probably one of those statistically almost virtually impossible cases where it seemes to work. But i agree with you, sometimes it could have broken through a resistance as it was closing and has to follow that trend the next day,
so what views on persimmons
 
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