diff --git a/strategies/large-moves/README.md b/strategies/large-moves/README.md index cfe371d..1af543c 100644 --- a/strategies/large-moves/README.md +++ b/strategies/large-moves/README.md @@ -4,4 +4,16 @@ The idea for these strategies comes from chapter 7 of [*How Markets Really Work* As with most of the strategies from this book, they are meant to illustrate certain characteristics of the market rather than be traded directly. +## Rules + +### Large Moves Up + +1. When the asset (e.g., SPY) **rises** by 1% or more, enter a long trade. +2. Exit the trade after 5 trading days (~1 week). + +### Large Moves Down + +1. When the asset (e.g., SPY) **falls** by 1% or more, enter a long trade. +2. Exit the trade after 5 trading days (~1 week). + --- \ No newline at end of file