Swing Trading with Simon Sez & Co

Quillnpenn · July 8, 2024, 9:43pm

Who wants to be a Thousandaire, Millionaire, or Billionaire Swing Trading via Simon Sez iii and following a solid Business Plan. Use simplistic charts.

Write these two simple rules on the back of a Business Card or. . . . . .

Write these two simple rules on an Index card. The BOTTOM in RED ink, the TOP in GREEN ink.

BOTTOM : Buy the first GREEN bar after the GATE (price label). If it is RED, wait and wait for the Green Bar.

TOP : Sell the first RED bar after the price label (finish line) is posted. If Green (caution) bar, wait and wait for the RED bar.

Using horse racing analogy.

Let’s begin the journey -

Wikipedia says that

‘Simon Says’ is a children’s game for three or more players. One player takes the role of “Simon” and issues instructions to the other players, which should be followed only when prefaced with the phrase “Simon says”. Players are eliminated from the game by either following instructions that are not immediately preceded by the phrase, or by failing to follow an instruction which does include the phrase “Simon says”. It is the ability to distinguish between genuine and fake commands, rather than physical ability, that usually matters in the game.

Simon Says’ is a mechanical --i.e., non-discretionary-- trading system whose embedded assumption is this. “Follow the rules, and you’ll make money. Don’t follow the follows, and you’ll lose.”

" The Simple Simon Trading Method per Simon’s Werld® "

Simon III and Co. will make you a wealthy person over time by learning Risk and Money Management skills.

See Simon Sez III below

re: Swing Trading
re: Stockcharts
re: Barchart
re: Price Label
re: 995 to 1000 percent batting average
re: TinyURL.com - shorten that long URL into a tiny URL 17 changes all day.
re: Out of the Gate
re: Finish Line

So What Is Swing Trading?

Swing trading is the buying and selling of stocks all within the timeframe of a few days or several weeks. It’s a lot like day trading except for the timeframe. After each buy and sell cycle, your slate is clean with no carry-over. It’s the opposite of passive, low-maintenance investing. Swing trading is active short-term investing because the “buy and hold” mantra does not apply.

Simon Sez III. “Wait-one bar” after Price label to Price label rule signal per Simon’s Werld® by Quillnpenn revised 12/1/2020.

Re: New ACP stock charts via Stockcharts.com 9 for subscribers or non-subscribers. To see charts in full detail, you might have to be a subscriber.

Re: COST - ACP | StockCharts.com 26 - - - Cash Cow. One can retire on just this one stock.
Re: HD - ACP | StockCharts.com 7 - - - Cash Cow. One can retire on just this second stock as well.
re: $ETHUSD daily - https://schrts.co/VrxWsRmD- 6 - - Let Simon tell you what to do with Patience and Discipline.
re: $ETHUSD 4 hour - ACP | StockCharts.com 5

When a Price label appears to do the following:

1 ) For the TOP Price Label, we wait and wait until the first RED bar when the price drops below the high signal to SELL the stock to help protect your ASSets.

2 ) For the BOTTOM Price Label, we wait and wait until the first GREEN bar when the Price bar is rising upwards to BUY the stock.

2-A ) Very rare for the following to occur.
If one or more RED bars appear after the Price Label bar, wait and wait for the GREEN bar to appear and then BUY it.

For the very first time when viewing a chart, the default will appear, however, make some minor adjustments for a better view. When the Setup procedure is complete (see way below), the charts will always pop correctly thereafter.

Cheat Sheet:

Class - Simon Sez III - Holy Grail

Holy Grail: “Something that people want very much, but which is very
difficult or impossible to achieve”. Like getting a hole-in-one on a golf course.

Okay now for the Holy Grail part of having fun without really trying.
I believe we can make money with the aid of Simon. If NOT, you get detention for failing to read and review the two (2) simple rules.

The Rules:

Here are the following rules that I found so far broken into two (2)
parts. TOP and BOTTOM.

To SELL @

TOP: When you see the Price label = Wait-one bar rule applies to SELL to help protect your ASSets.

Sell the first RED bar after the price label (finish line) is posted. If Green (caution) bar, wait and wait for the RED bar.

To BUY @

BOTTOM: When you see the Price label = Wait-one bar rule applies to BUY.

Buy the first GREEN bar after the GATE (price label). If it is RED, wait and wait for the Grren Bar.

I am using the Daily and the 30-minute charts to make money faster. 4-hour chart for the cryptos all day long.

These charts are good for swing trading and for long-term investments such as the XL’s (xle, xlc, xlf, et.,al) to hold and trade forever since 1999. Includes Dividends at the end of each QUARTER eg…3-6-9-12. Stocks must be bought before the ex-dividend date. NOT on, but before the date to get the dividend checks thereafter.

XLK Snapshot - The Technology Select Sector SPDR Fund XLK - Technology Select Sector SPDR Fund.

Snapshot - All Sector SPDR ETFs have been swing trading the XLs since January 1999 with a 999 to 1000 percent batting average.

These charts are perfect for Tetter Tottering via the MDP (Million Dollar Portfolio) eg…SPXL / SPXS : QQQ / PSQ.

The Teeter Totter Principle is all about using a “seesaw” to balance your Nest Egg’s cash and investments.

eg. . . . . ACP | StockCharts.com 17
. . . . . . . ACP | StockCharts.com 6
. . . . . . . ACP | StockCharts.com 4

Note with the above as a sample POSITIVE CASH FLOW. We would have sold TBT and bought TLT per Simon Sez rules as noted above.

                                              INVERSE
    DDM - Default Style	DDM / DXD	
DGP - Default Style	DGP / DZZ	
DIA - Default Style	DIA 	
DIG - Default Style	DIG / DUG	
DPK - Default Style	DPK / DZK	
DRN - Default Style	DRN / DRV	
DRV - Default Style	DRV / DRN	
DUG - Default Style	DUG / DIG	
DUST - Default Style	DUST/ NUGT	
DXD - Default Style	DXD / DDM	
DZK - Default Style	DZK / DPK	
DZZ - Default Style	DZZ / DGP	
EDC - Default Style	EDC / EDZ 	
EDZ - Default Style	EDZ / EDC	
ERX - Default Style	ERX / ERY	
ERY - Default Style	ERY / ERX	
FAS - Default Style	FAS / FAZ	
FAZ - Default Style	FAZ / FAS	
FXE - Default Style	FXE / 	
GASL - Default Style	GASL/ GASX	
GASX - Default Style	GASX/ GASL	
GLD - Default Style	GLD / UGL	
GLL - Default Style	GLL / UGL	
IYR - Default Style	IYR / 	
KBE - Default Style	KBE	
MIDU - Default Style	MIDU/ MIDZ	
MIDZ - Default Style	MIDZ/ MIDU	
NUGT - Default Style	NUGT/ DUST	
QID - Default Style	QID / QLD	
QLD - Default Style	QLD / QID	
QQQ - Default Style	QQQ / PSQ	
SDOW - Default StyleSDOW/ UDOW	
SDS - Default Style	SDS / SSO	
SH - Default Style	SH  / SPY / SJB	
SKF - Default Style	SKF / UYG	
SLV - Default Style	SLV / 	
SMH - Default Style	SMH	
SMN - Default Style	SMN / UYM	
SOXL - Default Style	SOXL/ SOXS	
SOXS - Default Style	SOXS/SOXL	
SPXL - Default Style	SPXL/ SPXS	
SPXS - Default Style	SPXS/ SPXL	
SPY - Default Style	SPY / SH / UPRO/ SJB
SQQQ - Default Style	SQQQ/ TQQQ	
SRS - Default Style	SRS / URE	
SSG - Default Style	SSG / USD	
SSO - Default Style	SSO / SDS	
TECL - Default Style	TECL/ TECS	
                                 TLT / TBF / TBT
     TECS - Default Style	TECS/ TECL	
TMF - Default Style	TMF / TMV	
TMV - Default Style	TMV / TMF	
TNA - Default Style	TNA / TZA	
TQQQ - Default Style	TQQQ/ SQQQ	
TVIX - Velocity SharesTVIX/ 	
TYD - Default Style	TYD / TYO	
TYO - Default Style	TYO / TVD	
TZA - Default Style	TZA / TNA	
UDN - Default Style	UDN / UUP	
UDOW - Default StyleUDOW/ SDOW	
UGL - Default Style	UGL / GLL	
URE - Default Style	URE / SRS	
USD - Default Style	USD / SSG	
UUP - Default Style	UUP / UDN	
UYG - Default Style	UYG / SKF	
UYM - Default Style	UYM / SMN	
XLB - Default Style	XLB / 	
YANG - Default Style	YANG/ YINN	
YINN - Default Style	YINN/ YANG	
ZIV - Velocity Shares Daily Inverse VIX Medium Term ETN	ZIV

Quill-

BUSINESS PLANS -

Class - Stock Charts set up procedure- per Simon’s Werld®

Quill’s Stockcharts setup:

on the URL bar type in stockcharts.com then Enter
click on "Charts & Tools.
find StockChartsACP and enter a Symbol. . . Eg. XLE
It will most likely default to a strange looking chart
at the top of the URL bar we are looking for DAILY OHLC BARS (open-high-low-close). Later on you can change to you favourite bells and whistles.
on the left hand edge is 5 icons
click on the second ICON down
high lighted is XLE blah blah blah will appear
for now, scroll down and find “Murphy” and check it off. Way later you can change to what to what ever you wish
click on the second ICON to close out
click on the first ICON
we will now be adding 2 moving averages
scroll down and find Moving Averages-exponential.
click on it for the first one to be 20 ema.
click on it for the second one to be 200 ema.
this is important, because Stockcharts will always try to default to 20 sma and 200 sma.
you should confirm the ema’s by clicking on the first ICON.
18.stay on the first ICON and click on the far right of the name XLE to what looks a wheel.
scroll down to “other settings” and check off - extended hours - last price preference line - price labels - y axis labels - if not done already.
next move to “OHLC Bars Settings” -GREEN BOX for up Color - RED BOX for down Color.
continuing on down, and find " Events" - check off Earnings dates, Dividends and Predefined alerts.
moving on down and find Alerts - should be default to a BLACK BOX line color.
23.click on the Close box at the below.
click on the first ICON at the top to close.
DON’T touch the other ICONs for now until later.
Back to the Chart
Save the chart Layout
click on the Bottom ICON (5th one down).
go to the bottom and click on the GREEN BOX - “Save Layout”
Give it a name/s to be used later.
I chose " simon ", you can chose you favourite name.
the name of the layout should appear to the right of the 4th ICON.
click on the 5th ICON to just show the current chart.
some time the cursor disappears. Click on the ICON to the right of the word " SAVE " to what looks like a cross hair.
when calling up a chart, confirm in the upper left hand corner the ema’s should appear with the ticker symbol.
if the SMA’s appear, click on the 5th ICON, click on layout name ( simon ), then click on the 5th ICON again to close out
36a. or at the top, click on the 4 square ICON, then click on the name Simon for the 20 / 200 EMA’s.
the chart now appears ready for review.
Later we will go over some scanning tools to find stocks Out of the Gate.

Arindam · July 8, 2024, 10:46pm

Quill,

Kudos for launching this thread which explains how others can borrow your methods and achieve some investing success for themselves. But permit me, if you would, to suggest some caveats. Simon Sez is NOT a sure fire, never-a-losing trade scheme, because such things don’t exist. It is merely a way of making decisions based on TECHNICAL evidence rather than the fudging and fibbing that passes for “fundamental analysis”. Or as you often say, “Charts don’t lie. People do.”

Second point. Your rules, if followed, offer a positive expectaction, because the essence of your method is to “Buy low. Sell high.” But that doesn’t mean they should be followed without question. Here’s a current example. RL closed Thursday on a low for the lookback period and was marked with a flag, which is --roughly-- BarChart’s version of StockChart’s ‘price labels’. (More on that another tme.)

Friday’s close advanced the flag by one day, but with a green bar that was very bullish.

An aggressive trader could have jumped onto this trade, buying at Monday’s open for a fat, single day profit of nearly 5%. A more conservative trader would wait for confirmation by putting such a stock on a watchlist and begin tracking it with expectation that it might soon meet Condition Two of Rule ONE, which it did today, as the chart shows.

So, it seems that RL is now AT THE GATE and is OK to buy. But I’d disagree. Take a look at the size of the candle compared to preceding ones, and take a look at the very light volume responsible for today’s outsized move. Said another way, RL gapped today, and as traders know, “Gaps get filled”. Said yet another way, when prices move too far, too fast in one direction, they tend to retrace before advancing further. Not always, and not necessarliy. But that’s a good rule of thumb. Hence, though RL met RULE ONE today, I’d rate the chart as PASS in favor of a stock showing a more “orderly” chart. (More on that term another time.)

Lastly, and just for the fun of it, here’s my former, home office, trading setup A bit exceessive, right? (Two monitors are the bare minimum, and three is nearly ideal.)

Charlie

Post Script. Maybe a dozen of the stocks in the SP500 made it to the gate today. Here’s charts for just two of them. (Standard Disclaimers that mention of these stock is NOT investment advice and is intended for educational purposes only.)

And sticking with the C’s, here’s one more.

By contrast, here’s an at-the-gater I’d reject for not liking the doji. (More on how to integrate Candle Pattern Analysis into Quill’s system another time.)

Arindam · July 8, 2024, 11:42pm

Quill,

Start tracking nat gaz.

And for the fun of it, take a look at this LatAm penny stock.

Quillnpenn · July 9, 2024, 12:45am

nah, RL will be creating the letter " M " or double top. look back to March.samo samo

If one owned RL way back in November to today, and according to Simon, would have had 4 out of 4 successful trades with ZERO losses.
What would be my ongoing batting average.

Simon werks well with any of the Cryptos.
There are two (2) ways to make money using Simon’s skills.

Buy out of the GATE and let it ride to the Finish Line.
Buy out of the GATE and bang it for 5 percent or 10 percent by placing a Limited SELL price.
Swing Trade using the 2 hour chart or 4 hour chart.
You can trade with a given dollar amount instead of the thousands.
I Trade with 5K. Could stop at each Finish Line . Start all over with the 5 K or continue by compounding and compounding the principle plus profits. Per Simon Sez rules.
Chefs choice with all kinds above options.
2 hour chart

$ETHUSD (1)1920×1501 115 KB

$ETHUSD (2)2246×1756 324 KB

Daily Chart.

And finally, today I am stuck in limbo with COST, NVDA is doing well for me.
AAPL is screaming and heading north.

Quill and Simon

Quillnpenn · July 9, 2024, 1:14am

Speaking of computers, looking at the F-1 Series high speed trading computer with three (3) 24 inch monitors from Falcon Trading Computers.

Falcon F-1 - Trading Computers loaded

or the Falcon F-52GT Desktop for Investing - Trading Computers loaded

or https://www.costco.com/ibuypower-slate-mesh-gaming-desktop---14th-gen-intel-core-i5-14400f---geforce-rtx-4060ti---windows-11-home.product.4000256793.html

Arindam · July 9, 2024, 4:49pm

Quill,

Seems like both of us were wrong about RL.

And it seems like both of us were wrong for the same reason. We failed to trust Simon to have gotten it right. Oh, well. “Better missed opportunity than a realized loss.”

OTOH, my call on CI --based on a classic Simon Sez setup-- is working out well today. In other matters, I was poking around in the PMs. Over the past year, palladium has gotten beaten down.

By contrast, gold has done well and silver even better despite the blatant price manipulation. Curiously, the miners --in both cases-- have lagged the physical.

MarkR · July 9, 2024, 5:46pm

For long-term investing we used to have a board where we discussed “the BMW method” (named as the person who popularized it here - @BuildMWell). It is a very basic charting method in which CAGR lines (average, +/-1 RMS, +/-2 RMS) are overlaid on a stock chart, and when the stock price is near the low CAGRs you might choose to buy, and when it is near the high CAGRs you might choose to sell.

Here’s a link to the very inactive board -

Quillnpenn · July 9, 2024, 7:24pm

We would Tetter Totter the below to help preserve our ASSets. Aka CYA cover your

Gold
GLD - Default Style GLD / UGL
GLL - Default Style GLL / UGL

Silver
SLV / AGQ / ZSL

shopping list

Arindam · July 9, 2024, 7:40pm

Quill,

As you know, it isn’t just gold and silver that have ETF inverses, but nearly all the asset classes and major stock indices, all of which can be traded using Simon Sez. We need to put together a complete list.

What you’re calling “tetter tottering” is also called Stop and Reverse (SAR) and comes in two versions: always in the market, either long or short, or in the market long or short only when specified conditions are met.

Right now, given that The Evil Empire is falling apart --and much of the rest of the world isn’t doing too well, either-- setting up a shorting campaign might be A Good Idea.

Charlie

Quillnpenn · July 10, 2024, 3:13pm

Charlie,

The Teeter Totter Principle is all about using a “seesaw” to balance your Nest Egg’s cash and investments.

What Are Inverse ETFs?

" Inverse ETFs are exchange-traded funds that use derivative contracts to deliver positive returns from a decline in the value of an underlying asset or market index. Inverse ETFs may also be referred to as short ETFs or bear ETFs, thanks to a focus on profiting from negative returns.

Contrarian investors use inverse ETFs to profit from the decline in value of a given index or asset class, such as an index. Professional traders may use them to hedge against declines in their other positions. If one specific position sees losses, the hope would be that owning an inverse ETF that invests the same asset type would help offset the loss."

Peruse the following lists at your leisure.

https://www.proshares.com/our-etfs/find-leveraged-and-inverse-etfs

https://www.direxion.com/all-etfs#tab=Performance

https://etfdb.com/themes/leveraged-3x-etfs/

The following set is a repeat
INVERSE
BITO - Default Style BITO / BITI
DDM - Default Style DDM / DXD
DGP - Default Style DGP / DZZ
DIA - Default Style DIA
DIG - Default Style DIG / DUG
DPK - Default Style DPK / DZK
DRN - Default Style DRN / DRV
DRV - Default Style DRV / DRN
DUG - Default Style DUG / DIG
DUST - Default Style DUST/ NUGT
DXD - Default Style DXD / DDM
DZK - Default Style DZK / DPK
DZZ - Default Style DZZ / DGP
EDC - Default Style EDC / EDZ
EDZ - Default Style EDZ / EDC
ERX - Default Style ERX / ERY
ERY - Default Style ERY / ERX
FAS - Default Style FAS / FAZ
FAZ - Default Style FAZ / FAS
FXE - Default Style FXE /
GASL - Default Style GASL/ GASX
GASX - Default Style GASX/ GASL
GLD - Default Style GLD / UGL
GLL - Default Style GLL / UGL
IYR - Default Style IYR /
KBE - Default Style KBE
MIDU - Default Style MIDU/ MIDZ
MIDZ - Default Style MIDZ/ MIDU
NUGT - Default Style NUGT/ DUST
QID - Default Style QID / QLD
QLD - Default Style QLD / QID
QQQ - Default Style QQQ / PSQ
SDOW - Default Style SDOW/ UDOW
SDS - Default Style SDS / SSO
SH - Default Style SH / SPY / SJB
SKF - Default Style SKF / UYG
SLV - Default Style SLV /
SMH - Default Style SMH
SMN - Default Style SMN / UYM
SOXL - Default Style SOXL/ SOXS
SOXS - Default Style SOXS/SOXL
SPXL - Default Style SPXL/ SPXS
SPXS - Default Style SPXS/ SPXL
SPY - Default Style SPY / SH / UPRO/ SJB
SQQQ - Default Style SQQQ/ TQQQ
SRS - Default Style SRS / URE
SSG - Default Style SSG / USD
SSO - Default Style SSO / SDS
TECL - Default Style TECL/ TECS
TLT / TBF / TBT
TECS - Default Style TECS/ TECL
TMF - Default Style TMF / TMV
TMV - Default Style TMV / TMF
TNA - Default Style TNA / TZA
TQQQ - Default Style TQQQ/ SQQQ
TVIX - VelocityShares TVIX/
TYD - Default Style TYD / TYO
TYO - Default Style TYO / TVD
TZA - Default Style TZA / TNA
UDN - Default Style UDN / UUP
UDOW - Default Style UDOW/ SDOW
UGL - Default Style UGL / GLL
URE - Default Style URE / SRS
USD - Default Style USD / SSG
UUP - Default Style UUP / UDN
UYG - Default Style UYG / SKF
UYM - Default Style UYM / SMN
XLB - Default Style XLB /
YANG - Default Style YANG/ YINN
YINN - Default Style YINN/ YANG
ZIV - VelocityShares Daily Inverse VIX Medium Term ETN ZIV

Quill-

GOOGL = favourite inverse pairs
https://www.composer.trade/etf/GGLL
https://www.composer.trade/etf/GGLS

Quillnpenn · July 12, 2024, 8:12pm

re: GGLL / GGLS

When viewing the chart, click on the werd RUN in the upper right hand corner and majjic to see both SPY and GGLL or GGLS.

Quill -

Quillnpenn · July 15, 2024, 3:36pm

Another view

Topic		Replies	Views
Simon Sez III in review Technical Trader's Sanctuary	40	2382	April 28, 2023
"The Simple Simon Trading Method." Technical Trader's Sanctuary	9	1662	January 22, 2023
Simon Sez Teaching Technical Trader's Sanctuary	208	4895	June 27, 2024
Tweaking the Basic Simon Sez Rules Technical Trader's Sanctuary	3	224	June 24, 2024
Simon Sez II in review Technical Trader's Sanctuary	0	443	March 22, 2023

Swing Trading with Simon Sez & Co

Related topics