No one left a comment today requesting any particular stock, so I went over to Trader Jamie’s site, which is one of my favorite stock trading blogs. Jamie highlighted a trade on Nordson Corporation (Nasdaq: NDSN), so I picked it as well.
For our ultra-simple eotpro system, NDSN was kinda a pain… it’s one of those stocks that’s not normally too liquid, but had an explosion of volume today. So, the action was shaky…
Still, after 6 trades we were up $1.05 or so, per share. Not bad… if you look at the charts I think you can imagine how a human trader could do a bit better by not waiting for the close of the entry candles in a couple places… I mean, even the largest gain opened up short at the bottom of a 50-cent-wide candle.
But the point is not to be optimal… the point is to show some charts that use very little judgment and no cherry-picking. That’s why I encourage readers to select the stocks they are interested in, and why I post the entire day’s worth of charts, etc.
Here are the charts:
| Stocks Mentioned In This Article | |
|---|---|
| Stock | Links |
| NDSN |  |  |  |
