The Cheetum Market Indicator is climbing somewhat steadily in the two month old QLD trade, and I am still assessing some of the past trades in graphical form for the purpose of testing different take profit/stop loss scenarios.
If I didn't do a daily update to the trading system, I probably wouldn't look at the market every day. The goal has always been to trade from a signal without even looking at market action. A cool concept inspired by those infomercials pushing seminars trying to sell their forex software that makes trading currencies so easy..."buy when arrow turns green, sell when arrow turns red." I have to make a point to attend one of those seminars when they come to the jungle. I have some questions if you know what I mean.
In order to cleanse the palate so to speak, I was doing some web surfing (is that what it's still called?) and found a few interesting places, and marginally related stock trading articles...
The Tycoon Report shows why there's no need to push the panic button and sell all your gold quite yet.
Here's an interesting study that counters what you may have thought motivates employees. The high speed drawing hand keeps you engaged. Find it at Planet Money. Interesting psychological study in my opinion...I mean, where do you think I got my first name from?
Get the quick view of the good, bad and ugly at Uglychart.com. Easy check on the stocks making new high, new lows, including the quote of quotes from William O'Neil. Also check out the lessons of the stock market samurai.
If you enjoy losing money playing the lottery as much as I do, check out Wired's article. It's interesting on many levels. It will have you wondering how many other cracks there are in the lottery 'code'. At the same time you may never want to scratch another lottery ticket ever again.
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