21 lines
575 B
Markdown
21 lines
575 B
Markdown
# 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 in the book, 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.
|
|
|
|
## Backtest Results
|
|
|
|
### SPY
|
|
|
|
![SPY Analysis](./backtest-results/spy_analysis.png)
|
|
|
|
![SPY Summary](./backtest-results/spy_summary.png)
|
|
|
|
--- |