Millionaire Trader Reveals Secret Trading Formula That Blows Stock Charts Away
I don't just use stock charts for my analysis. I'm going to spill those proverbial beans and show you how I find the incredible stocks for a very popular stock blog.
This is not about using technical analysis to read a stock chart. It is something much more effective.
I got this secret algorithm from the crowd of the world's best traders that I run with. This algorithm has the potential of putting you in stocks that can return 100%, 200% even 1,000% and more!
This crazy simple formula can make any computer seem to actually be able to read a stock chart and predict future price action better than a human. Many years ago, software used statistics and models for processing. This secret algorithm goes way beyond that. It's like having 100 stock analysts and day traders inside your computer giving you recommendations!
My fellow inner circle club members have used this to make a ton of cash. I'm going to tell you exactly what this secret algorithm is.
I'm giving you this for free because I'm hoping you make a lot of money from this and become a regular reader of my articles. I think that's fair.
We need to examine the trend. Get the 10 day MA, the 20 day MA, and the 50 day MA. The formula is: 10 day MA greater than 20 day MA greater than 50 day MA. So the 10 day MA should be above the 20 day MA. The 20 day MA should be above the 50 day MA. If this criteria is met, move on to the next step. If not, toss out the stock and start over.
The next step in this secret formula is to examine the last hour of trading on the previous day. If it has closed above the 5 hour MA, move to the next step. It is hasn't toss the stock out and pick a better one.
In this step we must look at the stock's 3 day high. If it is at a 3 day high, you can keep reading the next step below. If not, you need to ditch the stock and start over again with another stock.
The next component in this formula is if the last price of the stock is above the 20 day MA. If it is, move on, if not, reject and start over.
The next component in this formula is if the stock has hit a 3 week high in the last week (the previous full week of trading). If not, reject the stock and start over.
In this step we need to determine if the stock traded at a 3 month high during the previous month of trading. If it has, fantastic! If not, lose the stock and start over again with a new stock. - 23212
This is not about using technical analysis to read a stock chart. It is something much more effective.
I got this secret algorithm from the crowd of the world's best traders that I run with. This algorithm has the potential of putting you in stocks that can return 100%, 200% even 1,000% and more!
This crazy simple formula can make any computer seem to actually be able to read a stock chart and predict future price action better than a human. Many years ago, software used statistics and models for processing. This secret algorithm goes way beyond that. It's like having 100 stock analysts and day traders inside your computer giving you recommendations!
My fellow inner circle club members have used this to make a ton of cash. I'm going to tell you exactly what this secret algorithm is.
I'm giving you this for free because I'm hoping you make a lot of money from this and become a regular reader of my articles. I think that's fair.
We need to examine the trend. Get the 10 day MA, the 20 day MA, and the 50 day MA. The formula is: 10 day MA greater than 20 day MA greater than 50 day MA. So the 10 day MA should be above the 20 day MA. The 20 day MA should be above the 50 day MA. If this criteria is met, move on to the next step. If not, toss out the stock and start over.
The next step in this secret formula is to examine the last hour of trading on the previous day. If it has closed above the 5 hour MA, move to the next step. It is hasn't toss the stock out and pick a better one.
In this step we must look at the stock's 3 day high. If it is at a 3 day high, you can keep reading the next step below. If not, you need to ditch the stock and start over again with another stock.
The next component in this formula is if the last price of the stock is above the 20 day MA. If it is, move on, if not, reject and start over.
The next component in this formula is if the stock has hit a 3 week high in the last week (the previous full week of trading). If not, reject the stock and start over.
In this step we need to determine if the stock traded at a 3 month high during the previous month of trading. If it has, fantastic! If not, lose the stock and start over again with a new stock. - 23212
About the Author:
Before you spend the time doing this by hand, there is an automatic stock screener that can scan more than 20,000 stocks in 5 seconds. For more information go to Lance Jepsen's blog at stock chart
posted by X - Men @ 3:26 AM
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