PM has been smokin' lately - playing the odds with an SD channelPhilip Morris International Inc.BATS:PMredwingcoachI am all about playing odds when I trade, so here is one that generates small, but highly reliable returns. In the past year, PM has closed below the PREVIOUS day's lower 2 standard deviation band boundary (5 day lookback) 38 times. In all but 2 cases, the stock closed higher than that initial entry within 2 weeks. Way more often than not, it was less than a week and most frequently, it was one or two days later. This isn't designed to be a whopper of a trade. I play the capital efficiency game. I want my trades to make more money per day invested than the average daily return of the market. This would have done so handily over the course of those 38 events. Additionally, PM is in a strong uptrend, above its 20, 50 and 200 day SMAs, pays 3%+ dividend and is a defensive name at a time when the market is taking turns worrying about AI and war and it makes it an easy choice for me today. I will enter at the close, and hold until the first profitable close. I won't add using this system until the price again closes below the previous day's 2SD boundary AND at least 5 trading days have passed (that avoids stacking a bunch of losing lots at the top of a long downtrend). I'll post the entry price as a note after the close. I just have a lot to attend to at the close today and wanted to get this posting out of the way early today. As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.