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How to Back Test Stocks and Bounce



Why we need to back test stock?
Jack Angel shares: To know the support and resistance and to know when to buy or sell.

Why we need to back test?
Belle Layos shares

  • learned about bounce trading first (from Money Growers PH)
  • reference: ZF's Bounce  Plays 101, Kapitan Kidlat's 3 days to Kill, 
  • back test to test mastery and trade setup
  • backtest tools Excel to input data and Word to see charts
Belle Layos setup for bounce play
  • previously trending with parabolic move
  • 3 day declining rule
  • previous Darvas must act as support
  • Use Fibonacci retracement with bounce in 38.2%, 50% and 61.8% (From Jason Cam)
  • Candle should not close below retracement
  • Should have reversal signs like doji or weak candles
  • Drying volume, should dry up
  • Sell on the 3rd day of bounce
Then on an Excel table, she has the following columns
  • Count on how many of the above criteria has been met
  • Name of stock/ symbol of stock
  • Date
  • bounce point
  • Fibonacci
  • Previous candle
  • Volume
  • RSI
  • AOTS (Alignment of the starts)
  • Price as to Moving Averages e.g. below MA 20
  • Bounce? Yes or No?
  • Resistance
  • Number of candles on bounce


For more about stock trading, Digital Nomad Here.
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