GILDSystem T Performances: Annual Compound Profit 40%, Win Rate 55%, Risk/Reward Ratio 1:2, 20 Years of Backtesting Data, Over 100 Markets.
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Hi Traders,
I'd like to introduce the System T, a computerized trading system that analyzed and backtested the 20 years history data of over 100 markets.
This post is my sharing of how I think about systematic trading and the signals generated by the System T.
(This is my opinion only, NOT the financial advice.)
The System T is a comprehensive system which contains many components such as buy & sell signal generator, win & loss statistics, risk control & portfolio management to make sure trading is successful in the long run.
Basically, for the system to open a trade and manage risk, it only needs a buy signal & a stop-loss signal clearly on the chart.
Once the system finds a good trend, it will ride it as long as possible. The stop-loss will be adjusted accordingly to the new price movement.
(*) Remember to follow this trade idea and follow my profile to get updates about the stop-loss adjustment and sell signal based on the latest price and market conditions daily.
System T performances above will give you an idea of how it performs in the last 20 years.
Notice that this result was achieved only if I strictly followed the rule: "Only and Always Buy & Sell based on the System Signals".
Don't sell when there is no sell signal as we all want to follow the good trends til the end like everything in life does. \(^-^)/
Also, my system is extremely diversified through over 100 markets so that it only risks less than -1% of the total capital per trade.
Thank you and good luck!
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DISCLAIMER:
I am NOT a financial advisor, and nothing I say is meant to be a recommendation to buy or sell any financial instrument.
My views are general in nature and I am not giving financial advice. You should not take my opinion as financial advice. This is my opinion only.
Do your own due diligence, and take 100% responsibility for your financial decisions.
Trading and investing are risky! Don't invest money you can't afford to lose, because many traders and investors lose money. There are no guarantees or certainties in trading.
- Content is for education purposes only, not investment advice.
- Trading involves a high degree of risk.
- We’re not investment or trading advisers.
- Nothing we say is a recommendation to buy or sell anything.
- There are no guarantees or certainties in trading.
- Many traders lose money. Don’t trade with money you can’t afford to lose.
Trade ideas
GILD possible bottom and breakout After a year of consolidation GILD maybe on a verge of a breakout from a possible bottom with good volume. Price trading above averages and thru resistance and close to a golden cross happening. This still could be too early to call but on my watch list. GILD also has a good pipeline of products.
ridethepig | GILD 2019-nCoV TargetA good time to review the previous floor at 60.xx that we have been tracking for almost a year in $GILD. Here taking the latest misses in Q4 Earnings with a pinch of salt as the red carpet has been rolled out for Gild via China. Once again another buying opportunity given the latest progress around Phase III clinical trials:
On the Remdesivir (GS-5734) side, this is their free pass into the Chinese Healthcare system. Models will need to start quickly repricing revenue from the Hep B cases in China. GILD will do the heavy lifting here, +/- $20 upside available on the headline for FDA approval which looks around the corner. Flow-wise, the initial target area from the latest technical break comes into play at 86.xx (+25% from current levels).
As usual thanks for keeping the support coming with likes, comments and etc!
Gilead Sciences Coronavirus experimental cure long opportunityBeen doing research on the progress of a coronavirus cure and severity of the outbreak. My intention was never to look for companies to invest in, I was genuinely curious about the state of the world. I came across an article (replace parenthesis with period): www() bloomberg()
com/news/articles/2020-02-01/coronavirus-case-treated-with-gilead-drug-may-spur-wider-tests
in which it is stated that the first case in the USA was treated with an experimental drug developed by gilead sciences. I encourage you to the read the article yourself and dyor. After taking a look at the chart, i couldn't help but notice that price seemed to be gearing up to go higher. Again, I encourage you to do your own analysis and not go based purely off of mine. I think this could be an amazing swing trade if played right and especially if the drug comes around to be approved.
Another article to do further research is a statement from gilead's website (replace parenthesis with period): www()gilead()
com/news-and-press/company-statements/gilead-sciences-statement-on-the-company-ongoing-response-to-the-2019-new-coronavirus
It mentions cooperation with china and an expedited plan to do clinical testing of the drug.
Best of luck and happy trading!
Gilead on Watch-list for reversal
Possibly a rumor based rally yesterday but on watch for a significant break out of channel.
Major resistance from all 3 major moving averages above.
Rsi has bounced from oversold conditions.
Stochastic in bullish reversal.
Stock remains nearly 50% from All time highs.
GILD Falling WedgesGILD seems to be forming a long term bottom, the presence of two falling wedges displays the possible repeating bullish nature of this chart. Green fractal indicates a long term target price of ~100. If downsides occur a stop loss is placed. MACD can be observed to be also rising. Volume is not always a great indicator of price movement but in a more mature market such as this, volume spikes can be interpreted as bullish signs.
GILD - DAILY CHARTHi, today we are going to talk about GILD and its current landscape.
We can observe at this timeframe, a confluence of technical factors, that entail a setup which might drive this asset to a new movement. The details of our analysis are highlighted in the chart above.
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Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should be used or take it as financial advice






















