Mark has been interviewed by Stocko a couple of times and from some of the comments on various threads there appears to be a few of us using his methods to trade the U.K stock market. I thought it would be useful to have a dedicated thread where we can discuss how well its working.
Personally I have been in cash at least 50% since the end of May and at 95-100% since early October. Getting out of stocks as they roll over has protected me from any real damage.
I'm struggling to find many setups I want to buy so I am developing my "sit out power"
How is everyone else doing?
Yes not quite the same as batting average as MA only take the last xx days not the total, but if you have a batting average of say 50 from 200 innings then a 0 or 100 will hardly change it but on only 15 innings it will. So even if the share price drops 20% the 200MA will not drop that much over the next 30 days, about 3%, depending on the 30 days that have dropped off. My point is if you have the 150MA above the 200MA and the share price goes up between 200 and 150 days ago, I would expect the 150MA to stay above the 200MA, I think it is fairly easy to see from the chart.
