Profitability of 3 Technical Trading Rules

[pristine]

This paper deals with the profitability of technical analysis when used as a tool for day trading. It covers the findings of a four week long trading period in which three portfolios were managed, each with a unique technical analysis based strategy dictating investment decisions. The findings suggest that this type of trading is economically feasible with all three portfolios performing significantly better than major market indices.

 

[NVP]

This paper deals with the profitability of technical analysis when used as a tool for day trading. It covers the findings of a four week long trading period in which three portfolios were managed, each with a unique technical analysis based strategy dictating investment decisions. The findings suggest that this type of trading is economically feasible with all three portfolios performing significantly better than major market indices.

just 4 weeks ?..............seriously ?........

 

[pristine]

just 4 weeks ?..............seriously ?........

With more time or a method of decreasing the manual work involved it would be interesting to see if these returns could be continued. The results were definitely far above expectations considering the time period