I'm a newbie in automated trading and I would like to ask you if you could kindly share your strategies and your know-how.
I've some experience now in value trading and long term investments, but I would like to start looking at a shorter term strategy, without being too greedy.
Basically I'm looking for a strategy with the following characteristics:
- short term strategy (3-5 days cycle)
- completely automated
- working on stock market
- weekly 3-5% profit (daily 1%)
- no day-trading because of the 'max 3 day-trades in 5 days' rule
Do you think my requirements are reasonable?
Do you think that a target of a constant profit of 1-2% daily, every day, 252 days a year, is feasible?
And, the final question: do you have experience with such a strategy and could you share it with all of us?
PS. sorry if this is not the correct forum to discuss. If not, please indicate me where is better to post.
