Developed a news strategy for short term trading .
Several steps were involved in developing this trading strategy. First, a broad range of stocks were selected. This group of stocks consisted of all NSE stocks from a variety of industries. Stock data going back over years for this group of 1000+ stocks was analyzed with custom programmed software. Certain reoccurring patterns were found and buy/sell rules were developed.
The results were astounding, and I'll give you all the stats, but first, here is what this strategy is NOT:
It is NOT a trend following or any other technical indicator approach.
It is NOT a seasonal based approach.
It is NOT based on insider trading.
It is NOT a trading volume based approach.
It is NOT a fundamental indicator approach.
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