I test since december 2008 an easy and simply system that makes +51% now...If someone is interested in the system, i will give you here each day (excepted holidays) my own recommendations
1. Just BUY signal.
2. 5 STOCKS in NASDAQ with high VOLUME (MRVL, RIMM, HCBK, JNPR, SCHW)
3. DAY TRADING approach. We never hold a position after the close of market.
4. It takes FEW MINUTES per day
5. SETUPS : SIMPLE, EASY and AUTOMATIC TRADING. NO emotions. NO fundamental analysis. NO technical analysis. just BEHAVIORAL ANALYSIS.
6. WHEN TO ENTER: I will give you each day a percentage (%), called “L5” that you must add to the open price for having entry signal.
Example (virtual) : if stock opens at 100.00 and L5 was 10 then your buy signal is 110.00. Simple.
7. WHEN to EXIT:
Your target price is : “L5 * 2”. Example : stocks opens at 100 with L5 at 10 so your target price for gain is “100 * (1 + ((L5 * 2) / 100)) = 120.00”.
Your stop-loss price is at opens less 0.07. Here your stop-loss will be of “100 – 0.07” = 99.93.
Otherwise, sell your position at market’s close.
Example on 2008-12-22 :
MRVL: L5 = 3,3921%
JNPR : L5 = 3,396%
HCBK : L5 = 1,6487%
RIMM : L5 = 3,3916%
SCHW : L5 = 3,2374%