Trader - Short Term Stock Picking
Short Term Stock Picking Picking Process:
The Back Office Trader short term system uses a combination of algorithms, technical indicators and trending analysis to generate buy and sell signals and to monitor a stocks performance.
Our bespoke database uses algorithms which have been developed and tested for over 5 years.
Technical Indicators :
A number of technical indicators have been developed within our database to ensure accurate triggered buy and sell signals are generated.
Fundamental Data :
Fundamental data is not used for short term trading.
Trending Analysis : (breakouts)
When a stock has triggered a buy due to a specific breakout, the price trend is reviewed for a set period to confirm the trend direction has continued in the right direction, the trend direction must be rising for triggered buys.
When a stock has triggered a sell due to a specific breakout, the price trend is reviewed for a set period to confirm the trend direction has continued in the right direction, the trend direction must be falling for triggered sells.
By following the triggered buy and sell reports over a few months, Back Office Trader will automatically be adjusting and improving your short term positions, as you follow these reports you will begin to close underperforming stocks and will start opening good performing stocks, this will naturally happen as you follow the reports.
This is what Back Office Trader is all about.
Good luck to all Traders.