Hi all, my name is Markus, I own a website called Stocklicious.com. I'm not posting here for advertisement (but I'll take any publicity I can find *grin*). I'm just looking for good feedback on what typically traders wish their software would do for them. And in the meantime share some valuable stock picks.
Put simply, you create trading strategies within the system and it churns out on-going stock picks. I'm going to use this thread to post some of the results of the strategy. I'm just looking for you honest thoughts...if you think it's bull-sh*t then call it like you see it.
We will start with one that shows true promise but I suspect has a flaw it that I just haven't found yet....
I call it the Jarvis Strategy, in general it picks stocks that are between $1 and $50, which gained 1% on the prior day and have an 30 day RSI lower than 10. As a simulation, It's done 1200+ trades in 2 years and is up 200%. The simulation stopped on 01/01/2015 and it started normally trading. Since then it's up about 20%.
But today the strategy says will attempt to execute the following trades.
OVAS Entry Price: $41.27