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I was looking at triggers for a trading strategy and asked AI to give me some ideas.. here's what it said
Here are several potential trading trigger ideas that could capitalize on momentum and market psychology:
Failed Double Top/Bottom Pattern
When a second peak/trough fails to r
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So I've been using the Dow Strike trading robot now for a couple of months and here are the results! 37 days of trading, 34 profitable and 3 losing.. made a total of $12,821.58 on a $100k account.. that's a 12.8% return in 2 months! It's particularly active from the US open and can open up 20-50 tr
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I have an associate, some guy I met online who I talk to about trading... he's an interesting character and one of the best traders that I've ever known. I'd like to say he's a friend as we do share a bit of information about each other besides our interest in trading but I've not met him in person
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As I mentioned yesterday, a move below 130000 would be huge with a target of 126300 or so. Anyway, I was a bit delayed getting home today and missed all the action... well, almost!
The market initially dipped below 130000 and bounced right back up.. if you caught the short this time, you could have rode the market all the way from this level to 128225.. that is staggering 72 prices!!
Anyway, I missed all of that. I entered long when I saw that the market was turning and moved above the MA
March 7, 2008
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The other day, I wrote about Warren Buffett being the 3rd richest man on the planet... I stand corrected, he is now the most richest man on the planet with a net worth of $62 billion.. he made $10 billion last year!!
To read more, go here
http://www.forbes.com/home/lists/2008/03/05/richest-people-billionaires-billionaires08-cx_lk_0305billie_land.html
March 6, 2008
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Yep, no trading today.. I went out for dinner this evening and took a break from it. I've come back to see what happened today. From the charts, it was a slow and gradual drift downwards. The next area of support is 130000 and if it breaks this, we could see a very quick fall to 125000 or so.
March 6, 2008
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