The Algorithm Called it Perfect

Feast your eyes on this!  The algorithm that I have spent so many long years working on is now doing things I could only dream of when I first started trading.  It’s impossible to exit at the very very top of these large swings in the market, but if you can get this close on a fairly regular basis, then you will do just fine!

The results this year have been extraordinary and I am delighted to be able to share this algorithm with anyone that will listen.  It gives me such joy to see other people win alongside me.  All I ever wanted when I started trading was for someone to give me something that works….well this works!

There is a myth that daytrading is the most consistent and lucrative form of trading, but even if someone could put an argument together to dispel that myth, just were exactly is the FREEDOM in daytrading; stressing yourself out for a few bucks per day, staring at screens trying to scratch out a living.  No thank you!

Swing trading is, and always will be one of the most, if not THEE most lucrative, freedom giving, wealth building forms of trading there is.  The trick is to know when to get in and when to get out.  And that has been my quest for over 10 years.  What you see in the picture above is the results of that quest, and I have been doing this all year.

To your wealth and health!

John


My Weekly “Closing Bull” Remarks

Welcome to the week's "Closing Bull" – my financial markets recap

Posted by How do I trade stocks? on Friday, August 31, 2018


Welcome Back to my “Closing Bull”!

My "Closing Bull" is back – A weekly review if the financial market news

Posted by How do I trade stocks? on Friday, August 24, 2018


Patience and Trading

There is no obvious way to make money from trading, which is why most traders lose money, it takes time and study to build systems with an edge. Trading is definitely not as easy as some vendors and educators would have you believe. I believe so many start trading in the belief that they will have fantastic riches with very little effort. Sadly, they will be in the 95% that lose and give up. Most accounts have been blown because people lack the discipline and patience to follow a trading plan, if they even have one!

Trading is contrarian to our emotional decision making. Basically, that which is EASY to do is almost certainly the WRONG thing to do. It is easy to take your profits when you have a winner and that is why it is WRONG. 95% of traders take profits way too soon because it is the EASY thing to do and because of this they never generate the handful of big winners that are required to pay for any and all the small losing trades. 95% of traders lose money at the end of the year because they do the EASY thing. If we want to be part of the 5% that makes money, then we have to do the HARD THING. This is what it takes to be successful.

Becoming an expert in trading patience does not happen overnight. It takes time and practice. I often feel anxious when I run a course and end up with a whole new batch of people following me. The reason is simple, I take on some of the emotional turmoil that comes with any new trader or follower of my site. I want them to win with me immediately and never look back. But, losses are also part of the game, and while they are always small in comparison to the wins, they can come consecutively too.

Those that have been with me for years I do not worry so much about. Sure, all of us, veterans or not get excited when the system is killing it as it has been for most of this year, but we also appreciate that it won’t win all the time. And, lets face it, emotionally it is easier to be losing previous profits than it is to lose any of your original starting balance. And all people that are new to my site start somewhere.

So, anyway, as I watch the current trade finally lift into profit after days of patiently waiting for it to do so, it fills me with a sense of relief for those that are new to this in particular. Hang in there, it takes patience to be successful here.

Now bring on the bulls!

John


This week’s closing Bull Broadcast

Welcome to the weeks financial markets roundup

Posted by How do I trade stocks? on Friday, July 27, 2018


This week’s “Closing Bull”

Welcome to this weeks "Closing Bull", my round-up of market events

Posted by How do I trade stocks? on Friday, July 13, 2018


This Trade is as Hot as the Weather!

As the sun shines in beautiful Southern Ontario reaching temperatures into the 30’s Celcius, the market has been hotting up too.  It’s not closed yet, but at the time of this writing the current Nasdaq Futures trade is turning into another monster.  The chart above represents daily candles and shows the current trade entry 4 trading days ago. The trade is currently up $4,500 per contract in the Nasdaq E-mini futures (22% return in your entire bank in one trade based on our conservative risk controls).  I am delighted to say the system grabbed another bottom as it has done so many times before.

If you are in it, or even the QLD ETF system, congratulations, this is setting up for a move to a new all time high in the Nasdaq and likely the S&P 500 too.  So let’s see where it goes and enjoy the ride, the stop will be moving higher in the morning, so watch out for my next text alert.

Bring on the bulls!

John


Market’s Swift Recovery

The Nasdaq Futures held the 7000 mark again.  It has been bouncing of that area for a number of days now.  I was surprised by the ferocity of the sell-off on Tuesday.  The market was set to close at 1pm EST and it sold-off right into it.  While I wasn’t expecting it, that support area held again and looks to me like that will be the last time we visit it for a while.  My expectation is a move higher again from here, with tomorrow being key.  The Nasdaq Futures have to take out the 7150 point to solidify my interpretation, and it closed at 7125.75, so not too far away.

This latest trade like any other requires patience.  In the game of swing trading, where you are in for bigger wins in terms of multi-day/multi-week trends, you must have patience.  Recently at the course I held in June I talked about the phenomenon of almost always being in the red of the first day I enter a trade.  It’s almost universal, yet the ultimate outcome is always unknown….back to patience…

Bottom line, trading is not easy, never will be and even thought this latest trade is now back in the black and making money, the important thing for me to remember is that this is a game of math.  I know there will be losses, but I know also that MOST of the time there will be gains, and the gains will be on average 3x the size of any losses, those are pretty good odds in the long run…even the short run.

So bring on the bulls!

John


This week’s “Closing Bull”

Some spots have opened up due to non-confirmations, please follow the link if you would like to register for next weekends course (Sat June 23rd and Sun 24th at the Old Mill Toronto Hotel).  The course is FREE and I won’t be selling anything at it either.    https://howdoitradestocks.com/training/profit-power-course/

What you do get is the actual trading system itself, and all the training you need on how to use it, so if that’s something of interest, please register before it’s full again.

Have a great weekend!

John

Welcome to this week's "closing bull", a roundup of market news. Also here is a link to my upcoming free weekend course in Toronto June 23/24. Sign up if you can make it, we have made a few more spots available: https://howdoitradestocks.com/training/profit-power-course/

Posted by How do I trade stocks? on Friday, June 15, 2018


This Weeks Market News

Welcome to this weeks "Closing bull" – My take on this weeks financial news

Posted by How do I trade stocks? on Friday, June 8, 2018