4 Trades Tuesday

Had to be 2 parts today, because I talked for 11 minutes. Damn I hate that 10 minute limit on youtube videos. I need a utility that speeds up the video, so that it sounds like a market-savvy chipmunk is doling out advice. At least it would fit in one video, that way.

Anyway, 4 trades today for 4 wins. I am the king of trading (except I only took small profits today… but I have an excuse!)

I am slowly convincing myself that the eotpro indicators can be gainfully applied to stocks. Having multiple time-frames agree, and double-checking that their EOT-TA seems to be in-synch with the action are both a must, but everything seems to go smoothly once you have that. I am hopeful that the indicators will help me hold out for larger gains when the situation calls for it. So many indicators are geared towards helping you choose an entry… it’s very cool to have a couple indicators that can help you pinpoint an exit. Dynamically-adjusted fibonacci lines are very cool things to have on your charts.

I finally posted my review of An American Hedge Fund late last night. If you watch all my videos, you know I read it months ago in pre-release form. It’s available to purchase now, so check it out.

5 Responses

  1. Bass Ackward Trader Says:

    let the guys (and girls) at eotpro that i gave them an interesting plug at mtm: rated r

  2. Richard Says:

    I wonder if any of the people in the room went and saw it…. when Bill plugged the “x-rated” section, a couple of people asked for the address.

  3. Bass Ackward Trader Says:

    none of them signed the guestbook :-)

  4. how Says:

    my question is, how do you make $ off 5 and 10 cent gains? unless you bought like a tonne of stock? is that what it is? lots of stock? thanks
    still learning

  5. Richard Says:

    @how: yep, it’s the scale of it. 0.10 * 2500 = $250 If I do that 3 times a day, that’s $750/day, or about $180k a year. Sometimes, I settle for 5 cents. Other times, I make 20 cents… the key is to only risk 0.05 or less if you can get away with it, and winning almost 100% of the time doesn’t hurt, either. :-)

    great, now I’ve really jinxed myself. Tomorrow the market will massacre me!

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