Emin system

Hi guys,

Since december 2008 i try a new approach of my trading. For now i am at + 52,91% of results.

I will post here my orders..

Here are the principles of my "emin system" :

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.

2009-02-16:
HCBK : L5 = 1,9757%
MRVL: L5 = 2,6316%
RIMM : L5 = 2,1212%
JNPR : L5 = 2,1181%
SCHW : L5 = 2,555%

Have good trades...

Overall bilan : + 52,9102%
 
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