diff --git a/strategies/turnaround/README.md b/strategies/turnaround/README.md index 8cea70f..2580aa5 100644 --- a/strategies/turnaround/README.md +++ b/strategies/turnaround/README.md @@ -2,4 +2,10 @@ This strategy is based on [Turnaround Tuesdays on Steroids](https://www.quantitativo.com/p/turnaround-tuesdays-on-steroids) by Quantitativo, which itself is based on the idea that the market tends to rebound on Tuesdays after a recent decline. +## Rules + +1. The day of the week must be Monday or Tuesday. +2. If the asset (e.g., SPY) has closed lower for the past 2 days, enter a long trade on the following open (i.e., Tuesday or Wednesday morning). +3. Exit the trade when the close is higher than the previous day's high. + --- \ No newline at end of file