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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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![Trusting your Trading System]()
Today was a disastrous day for one of my trading systems. Let me describe below how I usually trade the system. The horizontal lines are my buy and sell lines, if the market goes above the top line, I buy and if the market goes below the bottom line I sell. The stoploss in either case is 20 pips and the limit order or potential profit is 40 pips.
However, you can see today that the market was rather choppy and the short was initiated first but it never hit the limit before it shot up, hit
February 9, 2011
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![Your New Trading System - what not to do!]()
Trading is a difficult game and most people find it difficult to take a loss of any sort. The problem with trading is that losses are inevitable in trade. Does the below sound like you? (I took it from a newsletter I receive but thought it was a great article!)
So you've invested in the new trading system and you're raring to go...
The post arrives and you rip open the package.
You digest the contents of the guide with your coffee, boot up your laptop and you're ready for action.
February 8, 2011
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![Traders Magazine - January 2011 FREE]()
The very excellent Traders Magazine January 2011 is available. This month we have:
When Chart Patterns Fail You Can Win
How Stock Chat can be a Trader's best friend
Trading Diversifications - A Free Lunch?
Dow Theory Applied Intraday
In addition, there are the usual product reviews, web reviews, strategy section and this months people section is Nick McDonald, founder of the Trade with Precision website. I've been to see him at the Traders Symposium and he pretty down to earth k
December 24, 2010
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