Strategy Update and June Review (2024-07-02)
Alpha Signals' strategy remains solidly unchanged on a green signal and achieved an 18% gain in June 2024.
The market remains steady, consolidating gains from previous weeks after a shallow pullback. Nothing too exciting and nothing alarming has happened in the past few days.
It's fascinating how the stock market always offers something to everyone. Currently, many see a rejection from a double top (bearish), some see a dip-buy opportunity in a strong uptrend (bullish), and others see sideways chop during a short summer week!
That’s one of the many reasons I ultimately decided to start researching and developing the Alpha Signals trading strategy. It helps me notice the right time to invest when the stock market offers a great reward opportunity for low risk, remain on the right side of the trend for as long as possible, and avoid guessing, emotional bias, and opinions from fake gurus.
Performance Review June 2024
Anyone replicating the strategy on Collective2 would have achieved an 18% gain in June.
