Matt - I really get a lot out of your quick videos. Gets my head straight for next day and helps me with my evening chart review. What's really great is that you care enough about the Trading Community to go to the extra effort. I want you to know that it's appreciated.

Thanks.

looking forward to your Peru pics - I'm thinking about a trip to Ecuador.

Excellent advice that we all have to learn one way or the other. The toughest thing is to acquire the discipline to stay laser focused. Not as easy as it sounds.

A great book that will help a lot is "Trading in the Zone" by Mark Douglas - may be one of the best trading books ever written.

yeah - mine says line 13

Great info - thanks for posting!

I learned this the hard way also. Here's what I think happens - "stop" orders are visible on certain trading screen levels so your stop order can be targeted by vampire Brokers/Traders who specialize in this blood sucking crap. I've seen examples where stops are hit as much as 10% below the last price. It usually happens to low priced / thin volume stocks that can be manipulated easily. Take a look at some of the small junior gold stocks after the close - the bid and ask spreads are as much as 10% on either side of the closing price. How do you place a close stop? Who sets those and why? I assume it is to catch any market orders or maybe stop orders that are placed by traders who haven't been burned yet. You would think that the SEC would gut these slimey shills.....oh, I forgot - the SEC staff is made up of the very best slimey vampire broker bastards. So, sometimes stops can work against you on small stocks. It may be worth a call to your broker to have them take a look at the price action that took you out - they may have some suggestions to help.

Steve - Nice callout on the spx triangle. Thanks.

Friday the VIX was up(+20.43%) - so no trade at close on Friday? Is that right?

Is around 80% winning trades consistant? Have you used it for a while?

If you did not write the program, how much was it?

Thanks for sharing!

What's really amazing is that they STILL had a AAA rating!

They look to be engineered by the Boyz.

You're right. I did a quick calc for commissions at $10 per side and it comes to approx. $680. So, approx net of $22,822 - outstanding.

WOW! Check out the AIG #2 Mechanical System - it has a 10 day winning streak with a 23.5% net profit ($23,502.28 based on $100k trades w/o commissions)

The five day uptrend symmetry fits nicely with this "Turn of the Month" study by Bob Hoye:

http://www.321gold.com/editorials/hoye/hoye052610.pdf

In other words, they are going to BAN naked short selling which is ALREADY illegal - that's hardly fair for elite banksters..........telling them that they have to obey the law.

Also, positive divergence and positive ratio TL break on the ultra Euro ETF

that fits pretty well with a wave two forming in equities before a wave three downdraft

This count makes sense given the potential gap fill down to 1113.

Matt - Any progress toward getting to the point that Peter's systems will be available? Is Stan still building the platform?