I am going to start the week by highlighting the charts of several “stock of the day” candidates I have covered in 2007. MasterCard is quickly becoming the current master in my portfolio and one of the top performers on the blog this year. Quietly, Burger King has given investors a 24% gain since I covered it back in February while matching it up against JADE (covered by WallStrip last week).
I was wondering if you have ever used backtesting to determine your ‘rules’ for trading??? I see that you use the 50 sma or 200 sma alot. If you didn’t use backtesting, did you develop your methods mostly by learning/reading and trying as you went??
Mark,
Here is a post from Rich Dad that Chris wrote last year called:
Backtesting – thoughts by Van Tharp
http://forum.richdad.com/forums/tm.asp?m=522699&appid=&p=&mpage=1&key=backtesting&tmode=&smode=&s=#522699
May be something in the thread to help answer your questions.
Steven Mac