I don't know about you guys but in these uncertain
times I like to use the stock market as a cash machine. I don't make many long
term investments and try to extract profits in one or two days.To assist me in
this endeavor I have been researching a tool to provide reliable information on
the next days direction. The idea is to enter the trade near the close when a
signal occurs and take profits the next day. I have done some backtesting that
indicated value and this week began real time validation with some outstanding
results.
For each indicated trade I have recorded the next
day open, high and low. A profit opportunity is recorded if a profitable exit
could be made during the day. A loss is recorded if no profit opportunity
occurred. This week 195 signals were given. Both the back testing results(2
years) and the real time results indicate 65% of the trades were profitable at
the next day open. Not bad but here is the outstanding result - 94% of the
trades were profitable some time during the day. That is better than any other
tool I have developed. I will continue to validate this tool in real time and
have enclosed an EXCEL spread sheet of Mondays
trades so that anyone interested can track them also
Now before anyone gets bent out of shape about this
message please be advised that this is a commercial - if this tool proves
itself, I will license its use so any further communication on this should come
to me PRIVATELY at Jwhite431@xxxxxxxxxxx.
Happy Holidays
Jim White
Pivot Research & Trading
Co.
PivotTrader.com
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