What’s the Best Timeframe for Stocks?

What’s the Best Timeframe for Stocks?

July 31, 2023

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Until about a year and a half ago, I never looked at a Monthly chart.

Why would I? Why would anybody?

Monthly charts move so slowly and create so few opportunities. It’s a pointless idea reserved for big, stodgy institutions.

Then one day, on a goof, I put my “Stan Weinstein” robot on the SPY Monthly chart going back to the 1990s. (To get the details on this system, you can watch these videos. Click here and here.)

And holy moly.

Here’s the Equity Curve trading $10k of stock each time from 1995-2023:

Here’s the Report:

The numbers look great but one number in particular knocked my socks off.

Take a look at the Max Drawdown from Close to Close. It’s $432. That’s it.

Granted, it started trading in 1995, the start of the great Bull Run.

But still.

And look at the win rate: 81%.

Do you see why I was so shocked?

It made me reconsider what real trading is and made me wonder how ignorant I’ve been.

So, have I been trading the wrong way all this time?

Is Monthly really the best timeframe for longer-term trading?

We’ll find out in the next two Newsletters.

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Disclaimer:
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these sites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, the publisher, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.