After seeing the early plunge today, I decided to stay out of the fray and come back another day. Trading the CMI is currently 6.0% ahead of blindly following the Cheetum Market Indicator. The daily comparison between the CMI and trading the CMI is alot like playing chess against myself. I've won the battle this week, but I am hoping that the method starts to show it's true profitable self as we continue through the year. Knowing that the method is solid provides a good foundation and safe positioning. This is critical because it lessens the need to make decisions and prevents overtrading. At this point I would not jump back in until the stochastics give a firm oversold signal, and there is some sign of support in the price chart.
About this Site
Hello! Sigmund here. Just a quick word about this site. Monkey Throw Dart is an informational site for traders and investors who are looking for a trading strategy that really works. Using a unique trend-following system, originally called the Cheetum Market Indicator 1.0 (CMI 1.0) which has now morphed into a beast called the MensaMonkey, the goal is still the same: Outperform the market with double digit gains every year regardless of market direction.The stock market will never be a safe place for your savings or trading capital unless you have a plan that includes expert timing, and a good dose of risk management. This site is dedicated to leveling the playing field, or playing jungle as the case may be. No gimmicks or phony promises. Transactions and trading signals are posted as they happen so you can follow along as I sink or swim with every trade.
2013 starts the fifth year of this grand experiment so set your sights on the MensaMonkey's trade signals just below these words because the little primate's market calls are on public display as usual and can change at any time.
To learn more about the MensaMonkey trading, scroll down to the 'Posts By Category' in the sidebar below and look for MensaMonkey, or just click here.
Of course, if you end up losing money due to information posted here, don't blame me. You're the one who took advice from a chimp.
Sigmund's Blog List
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Palanteer18 hours ago
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This is the end11 months ago
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