Louis, do you have any mathmatical, statistical or probability based that this setup will work? If so I'd be most interested to see your supporting math.

great video ..........more of these ...........clear concise and very helpful.........to see how the pros approach things............

Hi Louis, Thank you for this very helpful video. I really like the prospect of being able to use this over longer holding periods as I am more of a swing trader/long term investor than I am a day trader. I do have a few follow up questions if you have the time to answer that would be great. My first question is do you compare every stock to the S&P500 for relative performance or do you use different (potentially more relevant) indexes/industry? More importantly I was trying to replicate your Target Weighting table and I am unsure what the calculations are to arrive at those target weights. Finally I like your concept of volatility sizing and have looked into tradestops.com but would like to be able to create a simple version as you have done here. To that point I want to confirm that using the square root of the days you plan on staying in the trade is what you used in your calculation? Finally I want to make sure I understand that when you are talking about position size you are talking about the position size compared to your total portfolio, or are you saying that you would take 2%-7% of the total position you want to have in the stock? Thanks in advance for the help.

Great video! Thank you for the clarity on the movement of a stock.

I really like Louis Llanes quality presentations.

Great job Louis, thanks for sharing your thought process.

Excellent - love these lessons by Louis L. and Dave Floyd, being somewhat of a rookie when it comes to technical analysis.

We need more videos like this.

Excellent episode! I like the methodical process used; also like the idea of using technicals to create a short list for further research that includes fundamental factors. The relative performance indicator looks interesting. Extrapolating price targets based on past price action is not a good idea, IMO.

Great video!