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Ok, here is his simple trading secret:
"S" trades the top 100 ASX stocks (ASX100) on margin using ComSec
as a broker.
He looks at Relative Strength comparisons for the last 3/2/1 months &
2/1 weeks, and picks the best 10 performers. "S" uses a simple 3%
trailing stop as an exit.
"S" uses nothing more than a spreadsheet to work it all out. If he had
access to MetaStock and the URSC kit, it would simplify the Relative
Strength comparison process enormously. :)
jose '-)
http://metastocktools.com/URSC/URSC.htm
(available from Sept 2005)
--- In equismetastock@xxxxxxxxxxxxxxx, Pam and Ken Johnston
<milocat@xxxx> wrote:
> It doesn't sound like he needs it! But if you can find out method he is
> using....
>
> ----- Original Message -----
> From: "Jose Silva" <josesilva22@xxxx>
> To: <equismetastock@xxxxxxxxxxxxxxx>
> Sent: Friday, July 01, 2005 5:16 AM
> Subject: [EquisMetaStock Group] Re: Welcome Back Jose?
>
> Yes Wabbit, I'm still on holidays until Sept 2005.
> It's a one-hour boat trip from our beach bungalow to a reliable Net
> access point.
>
> On a side note, I've met a local Australian full-time trader living
> near our beach. He has averaged close to 50%pa gross profit (using
> 50~70% margin) for the past year on the top ASX 100 stocks.
> He uses a satellite connection, and has never heard of MetaStock nor
> other charting programs.
> I'm trying to slowly introduce him to the Lunar indicator. :)
>
>
> jose '-)
> http://metastocktools.com
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "bellamy_29m"
> <bellamy_29m@xxxx> wrote:
> Thought you were on holiday until Sep?
>
> wabbit :D
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