Discovery of a highly profitable day trading method
Welcome
to the
world of share
trading . Before explaining features of “Excella Trader” day trading
system I would like to share some
experience while making this successful
system .
I’m going to tell you something. I’ve
lost money in the stock market. How did I lose it? You name it. “Professional”
advisors, tips from friends and family, computerized systems, and so on. I
couldn’t find the reasons for my failure. Though I know I was not disciplined in
day trading, I couldn’t able to admit that. I finally got to the point of being
sick and tired . You’d think that a person with good back ground in finance and
worked as Financial analyst and Investment manager positions in foreign
companies would know better.
I struck out on my own doing my own
independent research, looking for something that would work. Countless hours
were spent on dead ends. Used different indicators and signals. Hundreds of
trial runs. New methods emerged and it was back tested. Finally
things started to click and a successful technique was found.
Several steps were involved in
developing this trading strategy. First, a broad range of stocks were selected.
This group of stocks consisted of all NSE stocks from a variety of industries. Stock
data going back over years for this
group of 1000+ stocks was analyzed with custom programmed software. Certain
reoccurring patterns were found and buy/sell rules were developed.
The results were astounding, and
I'll give you all the stats, but first, here is what this strategy is NOT:
- It is NOT a trend following or any other technical
indicator approach.
- It is NOT a seasonal based approach.
- It is NOT based on insider trading.
- It is NOT a trading volume based approach.
- It is NOT a fundamental indicator approach.
will continue.....
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