Mar. 15 at 5:43 PM
Finally today, let's look at another top 100 stock in the US
$ROIV which happens to have the lowest 100 day ATR % and thus lowest volatility on the list which is generally what we want for shorter term trading as price will not whipsaw as often as a more volatile stock would.
However, I'll backtest it on each of the shorter tactical trading 20EMA channel and the longer strategic 200EMA channel since inception which I beleieve was in 2021.
Tactical trading has taken an initial
$50,000 up by
$77,000, to
$127,000 (not too shab), with a max drawdown of just 5.66% and a total of 29 closed trades with an open trade.
The longer strategic 200EMA original stake of
$50,000 is up by
$99,000, so
$149,000, with a drawdown of just under 3% and only 7 closed trades with the current one in progress. Excellent!
