WSJ Common Sense system by Eugene

Wall Street Journal's "Common Sense" system (variation)

High-risk, pure counter-trend system that takes multiple positions.

Entry rules

First entry is made at any date.
Next entries are made when the instrument has declined 10% from the recent peak (or from last position's entry price)

Exit rules

Exit each position individually with a profit target of 25%.

Further reading

How to Time The Market
As the Nasdaq Rises, Consider Trimming Some Holdings

Author: Eugene
Category: Counter-Trend
Creation Date: 7/25/2011
Licence: Freeware
Availability: Globally
Instructions for Script Download
  1. In Wealth-Lab client software, open the Strategy Explorer (Ctrl+O)
  2. Click the "Download..." button
  3. Click "Begin Download"
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