Reader Eric requested a chart of Randgold Resources Ltd. (Nasdaq: GOLD) with the eotpro indicators on it. So, always a slave to my readers, I have complied!
As you may recall, I have been wanting to showcase a simple system on stocks so that people can see how well the eotpro indicators work for stock trading. Since I’ve been trading futures, I feel like we’ve not made people aware enough of how well you can trade stocks with this technology.
Am I trying to show you a super-optimized system that pulls every cent out of every move? No way. I’m keeping it simple and staightforward. As you’ll see if you look over the recent stock posts, lots of money is left on the table. But, the rules are fairly mechanical, and I show the entire day’s chart, and so far all the requested charts have made money. I think that’s a very good advertisement, if I do say so myself!
Anyway, here are the charts of GOLD (click on them to enlarge them):
As you can see, it took 6 trades today, for a net gain of + 74 cents per share. There were 3 wins, 2 losses, and 1 break-even trade. Pretty cool!
As always, feel free to leave requests for symbols you’d like to see in the comments.
| Stocks Mentioned In This Article | |
|---|---|
| Stock | Links |
| GOLD |  |  |  |
