Idiot-Proof Trend Following Journal (Paper trading)

yurtrader

Junior member
42 8
Hi Guys!
I've had on and off experience with stocks, and am not deciding to keep it boring n' simple, not of that fancy stuff.
Here I will attempt to trade using methods from the Trend Following Bible.
Every time I will have doubts and decide to do fancy stuff, the image below will keep me motivated.


geniuss.png

Strategies:

--[TFB ( Trend Following Bible)]--
BIVFinancial-63.00 possible reason: improper stop loss, didn't bother charting. Stock ended up doing what I predicted after the whiplash, set 2-distance-level stops
LEAConsumer CyclicalOPEN


--[DailyWeeklyMACD ( MACD should cross the zero line on both daily and weekly)]--
AATReal Estate+18 ( should have looked at the recurring stock pattern)
AIZFinancial-22 ( stock didn't move much and I felt it'd go down)
AMGNHealthcareOPEN
AIMBiotechnologyOPEN
CRNX HealthcareOPEN




Conditions for trading:
  • MACD above the zero line and increasing ( or the opposite for shorts)
  • trade larger companies
  • use trend lines n stuff
  • do not enter if earnings are nearing
  • do not risk >1% per trade
Disclaimer: This is not financial advice, just entertainment, consult your financial adviser yada yada.
This is a paper trading account for now. Starting amount 100K


LONG SCANNER for TFB ( Trend Following Bible) Strategy:

SHORT SCANNER for TFB ( Trend Following Bible) Strategy:

MACD ZEROLINE SCANNER BULLISH
https://www.marketinout.com/stock-s...rossed_above_zero&picker=macd&technicals=9553


MACD ZEROLINE SCANNER BEARISH
https://www.marketinout.com/stock-s...rossed_below_zero&picker=macd&technicals=9573

google sheets risk calculator

Stockcharts Template: https://schrts.co/VUvWiYjG
 
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yurtrader

Junior member
42 8
EDIT: moved the initial moves to the second post to keep the 1st post tidy

LEAR​

LONG
ENTRY: 180.24
STOP: 157

LEAR.png


BIV​

SHORT
ENTRY: 88.93
BUY STOP: 89.53

BIV1.png


so far having a slight profit overall
prog1.png


To make Things interesting, I am testing a second method variant with a double MACD crossover ( on daily, weekly charts ), here is an ideal bearish example:
yDdB2IQP.png



my first trade using this method is AIZ - weekly is not ideal but whatevs,
the scanner I found for MACD zero crossovers is here:

AIZ.png
 
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yurtrader

Junior member
42 8
BIV1.png


got stopped out of BIV with a loss of -63.00
looking back at the chart, I guess I should have expected this amount of whiplash
BIV2.png
 
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yurtrader

Junior member
42 8
Added AAT @ 34.85 stop at 30.33 using the Double MACD strategy
AAT.png
AATMACD.png
account.png

------------------------------------

Closed AAT with a profit of +18$ , seems the trend was getting ready to revert to the SMA200 so I exited while I could

AATClose.png



good thing I exited, it really went down as I predicted!
AATcloseafter.png
 

Attachments

  • AATMACD.png
    AATMACD.png
    101.6 KB · Views: 29
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yurtrader

Junior member
42 8
positions.png

Entered AMGN @ 242.88, [email protected], take profit @ 253.95, strategy DailyWeeklyMACD

AMGNEntry.png


leaMACDEntry.png



Closed AIZ with a loss of 22$, since I'm focusing more on the daily+weekly MACD and also that stock was looking like it was going to go down
 

yurtrader

Junior member
42 8
prog2.png


Entered AIM @2.44, stop @1.91, take profit @2.81 with the Daily+Weekly MACD strategy
Slight divergence from my regular strategy since usually I trade 15$> stocks, this is closer to a penny stock but it's movements don't seem too unreasonable when using a wide enough stop
AIM1.png


AIMMACD.png



Looking back at the progress of BIV, which I shorted and got stopped out of, it ended up going down exactly as predicted - lessons learned: place stops after at least 2 "barriers" (2nd previous high/low, SMA, etc)
BIV.png
 

Attachments

  • AATClose.png
    AATClose.png
    87.6 KB · Views: 38
Last edited:

yurtrader

Junior member
42 8
RACE
Buy31fill 202.23target 255.70stop 134.70
RACE.png


- as you can see it's a 1:1 profit/loss thing, setting my stop "loose" beyond 2 levels of major resistance, including the diagonal channel one and the horizontal one ( thick blue line)

RACE-MACD.png


weekly macd isn't perfect, but all else seems good
 

yurtrader

Junior member
42 8
after an initial period where I was up around 600 usd, now down around 300.
I'm wondering if the weekly+daily macd works on shorter timeframes with tighter stops.
speaking of which, are people actually reading this stuff or am I talking to myself?

FinProg.png
 

yurtrader

Junior member
42 8
stocks3.jpg


so far no big changes
 
 
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