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
Read Full StorySo 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
Read Full StoryI 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
Read Full StoryWarren Buffett is the second richest person on this planet and despite this, is probably the most frugal person in the world!! He lives in the same house he bought in 1958, earns a measly $100,000 USD (for a CEO) and just enjoys the simple things in life. Someone sent me a PDF with all of his interesting facts, I enclose this.. makes interesting reading! Click here to access : Warren Buffett Interesting Facts Enjoy!
I got today off so I went out for some shopping and then got back around 3pm for some trading. I made a series of trades.. My first trade was a long at 134525 with a target of 134775. The market did go up but didn't hit my target before it started to retrace. I got out with a +2 profit before it tanked. The days movement was down day so in effect, I should have concentrated on short trades only. Then I went short at 134450 with a limit at 134175. The 5 min stochastics had peaked so it look
The markets were looking to head upwards and I put on a long at 136850 with a limit at 137050. It hit target for +9 but then shot up even more to 137400... darn, I left a lot on the table! The second trade was a short as I saw that the market had made a top from the candlestick patterns. The stochastics were looking to cross also. This short was at 137225. It hit my stop for -7 though when the market made a final push a little higher just shy of 137500 and tanked. You can see in the stochasti
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