427 B
427 B
Knife Catcher Bot
This strategy was taken from chapter 3 in Short Term Trading Strategies That Work (2008) by Larry Connors.
The strategy is not named as such, but I thought it was fitting.
Rules
- Wait for the market (S&P 500 Index) to drop for 3 days in a row.
- Enter a long on the following open.
- Exit the trade 5 days later.