In observance of Thanksgiving I have dedicated this blog to the turkey and tactics that a day trader can exploit. I will start by saying that my spreadsheets enable a day trader to plan his strategy. Some traders are adept at trading on the fly, however that is an extremely difficult task for electronic market participants who trade from the comfort of their homes.
This is the purpose of Forensic Trader – Simply the numbers. It allows a trader to have a plan. First things first, bookmark my blog's URL http://forensictrader.blogspot.com/ and visit daily to see which stocks appear on the Forensic Trader Radar (FTR). Click on the below link to view stocks
http://spreadsheets.google.com/pub?key=pWDllmclb1Sb6-s35qfcMGQ
Understanding the FTR
The FTR selects NASDAQ traded stocks because it has been tuned to the undercurrents of that market. Easily located surface criteria like volume and percentage (%) change are its main focus. FTR also detects ripples that are not captured via normal queries. This may sound absurd but in my opinion FTR has artificial intelligence. Simply by the numbers, FTR knows. In all honesty I am not always able to immediately decipher what the numbers mean. However, daily comparisons during the trading day following my publications usually provide a clear picture of what FTR detected.
For example, on Saturday, 11/17/2007 I wrote that YHOO should be followed. On 11/19/07 Merrill Lynch upgraded to a buy. On 11/17/2007 I said watch the trucking industry and displayed YRCW on the spreadsheet, on 11/19/2007 YRCW traded down 5% from its open price. Furthermore, since trucking was down that was a lead indicator for transportations and the overall negative market sentiment. On 11/14/2007 I said watch CSIQ, on 11/15/2007, they announced a major contract.
Let me say this, either I am very lucky or you guessed it, Forensic Trader – Simply by the numbers. What does this blog have to do with Thanksgiving? Nothing! May be the readers will discuss my blog over turkey and football or possibly search engines will find. LOL.
Forensic Trader - Copyright © 2007, all rights reserved.
Symbol, Volume,and Closing price data are assumed accurate, however readers are responsible for verifying stock market data. Bias, support and resistance is determined via proprietary calculations and should not be considered buy or sell advise.
