My Trading System (II)

Yesterday we already put the Buy and Sell order for SCN as below:

Buy: 0.555
Sell: 0.620

But the actual range for today is 0.555 to 0.605. If you leave this without monitor you will lose your money because sell order didn't trigger and the price went back to lower BB.

But if you put sell order at 0.605 you will take profit RM0.05. Let's do some calculation.

Wednesday lower BB: 0.680
15% < BB: 0.580
Higher range today: 0.605 ;
0.680 - 0.605/0.680 x 100% = 11%

This is only for forward testing. We'll collect all the result for building a new trading system.

Today New Counter to test:

Inix current price close: 0.150
20% (new rules to adjust from 15%) x lower BB (0.155) = 0.031
Price to enter: 0.12
Sell order: 7% profit taking at ~ 0.13