An expert-driven approach to trading

Follow a stream-lined approach to Contrarian trading where expertise guides you through a graduated learning program. Select pre-screened opportunities that support a complete entry and exit strategy and also track your orders to target with recommended adjustments based on current market sentiment. If you are interested in finding out more about this successful approach to trading and how to become part of this community, please email me direct at randystradingdesk@gmail.com

Thursday, March 15, 2012

March 15, 2012- Markets Edge Higher Approaching Over-bought Status

Markets edged higher on light volume after a better-than-expected US Jobless Report and improved global outlook from Europe. The major U.S. index futures traded higher on Thursday, with sentiment still shaky despite the release of a report showing a bigger than expected drop in jobless claims and another showing a faster pace of expansion of the manufacturing sector than had been anticipated. The overbought levels of the markets may traders wary and keep sentiment subdued even in the face of modestly positive economic evidence. Technically, the S&P is approaching June 2008 cycle highs and this being a solid resistance level will prove difficult to break through. We remain Neutral in our Buying Sentiment but recommend smaller positions in light of an eventual pull back.
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Delivering Consistent Returns



Since Nov 2009 this system has delivered an average of 1.5% per week returns . The "Weekly Average" includes taking a loss on a stock 15% of the time following a prescribed stop-loss.

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Remember, this is my specialty and a full-time focus as we continue to deliver a graduated learning program to an elite trading community.

randystradingdesk@gmail.com

Successful Trading requires:
1. Following a set of proven disciplines
2. Building confidence that removes emotion
3. Patience know "when to hold em and when to fold em"
4. Continuous Learning

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