The Trend Is Not Your Friend In SPY/S&P 500 (and other stock indices) – Closer Look

The Trend Is Not Your Friend In SPY/S&P 500 (and other stock indices) – Closer Look

ByOddmund Groette

I guess most traders have heard that “the trend is your friend“. Personally, I don’t do trend-following strategies, I go the opposite way: buy weakness and sell strength – mean reversion strategies. However, this depends on the instrument you trade and of course on the time frame in trading. In general, most currencies and commodities…

Mean Reversion Day Trading Strategy (Example, Results, Performance)

Mean Reversion Day Trading Strategy (Example, Results, Performance)

ByOddmund Groette

Over the last several months I have been looking into a new potential day trading strategy. This one looks into more illiquid stocks and therefore I won’t reveal the strategy: It’s simply not enough volume for many traders to trade the same. So why do I bother to publish it? I would like to show…