iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,474 Blog Posts

What if You Only Traded Off the Stocklabs Oversold Signals?

Let’s pretend you gave up trading and resigned yourselves to only trade when Stocklabs flagged oversold. You’re old now, partially retarded, unable to trade like you once did. How would this system function for you?

Here are the signals YTD.

The data for buying and selling after 10 days.

3/10: +4.15%
4/5: 1%
4/25: 2%
6/23: +3.8%
8/16: +2.7%

If you only did 5 trades the entire year using the OS, you’d be up in the range of +14%. On the current signal you’d have 1 more day of holding until the cycle completes. Now let’s pretend you didn’t buy $SPY but instead bought $SOXL — because semis are the place to be in 2023 and everyone loves them.

SOXL price on OS/gains

3/10: $14.05 / $16.57 +17.9%
4/5: $15.92 / $15.2 -4.5%
4/25: $13.20 / $13.92 +5.5%
6/23: $21.89 / $24.32 +11.1%
8/16: $20.53 / $23.55 +14.6%

Total return: +44.6%

Think about how lazy a fuck you could be and how much money you could’ve made in 2023 if you only had a god damned Stocklabs membership at $99 per mo?

INDEUD

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