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Initial commit of README for Knife Catcher Bot

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moshferatu 2024-08-30 07:52:29 -07:00
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# Knife Catcher Bot
This strategy was taken from chapter 3 in *[Short Term Trading Strategies That Work](https://moshferatu.dev/moshferatu/short-term-trading-strategies-that-work)* (2008) by Larry Connors.
The strategy is not named as such, but I thought it was fitting.
## Rules
1. Wait for the market (S&P 500 Index) to drop for 3 days in a row.
2. Enter a long on the following open.
3. Exit the trade 5 days later.
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