IWM & Lazy Man

In the latest Lazy Man study I've merged the old 3 Finger Lead concept with the Lazy Man (SPY, EEM, XLB, QQQQ and TLT) to forecast trade opportunities in the BZB Market Rotator portfolio of 13 ETFs and 1 stock (GE). These signals are completely independent of the Prognosticator signal but we'll work on merging the two signals in later iterations of the Lazy Man.  The study reflects a floating 16 month lookback of daily bars in the IWM and produces a trade about every 3 weeks with an average holding time of  13 days.  The max consecutive losers on both the long and short sides is only 1, a metric that I always look at closely. This model contained no stops but a simple stop loss of $325 per 100 share position makes a dramatic improvement in the intraday drawdown.

Related posts:

  1. XLE & Lazy Man Metrics Panel
  2. XLB Continues Lazy Man Run
  3. XLB Still Lazy Man Fav
  4. Lazy Man Trading System QLD
  5. XLB Lazy Man Focus

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Industrial ConglomeratesIndustrials
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!