Randy'sTradingDesk: October 01, 2012- Markets Trade Higher Pulling Back from High of Day

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Monday, October 1, 2012

October 01, 2012- Markets Trade Higher Pulling Back from High of Day

After failing to sustain an early upward move, stocks turned mixed over the course of the trading day on Monday. The pullback came as traders seemed reluctant to make significant moves ahead of the release of the closely watched monthly employment report. The major averages ended the day on opposite sides of the unchanged line, with the Nasdaq posting a modest loss. While the Nasdaq edged down 2.70 points or 0.1 percent to 3,113.53, the Dow rose 77.98 points or 0.6 percent at 13,515.11 and the S&P 500 climbed 3.82 points or 0.3 percent to 1,444.49. The early strength on Wall Street was partly due to the release of reports showing a slowdown in the pace of contraction in manufacturing activity in both China and Europe. China's National Bureau of Statistics released a report showing that its index of Chinese manufacturing activity rose to 49.8 in September. While a reading below 50 indicates a continued contraction in the sector, it reflects an improvement from 49.2 in August.

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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

Why Does He Provide the Service

What I have found out about myself is that I am really successful when working with a team and when it is all about me I tend to get lazy. If it were not for leading an investment team, this model would not have developed to the degree of accuracy and efficiency that it is today. It's about being accountable to others that encourages the weekly analysis used in refining this system and always looking for ways to streamline even further by investigating technology solutions that automate what is considered routine. As a result, we are able to take advantage of a refined system while offering it to a limited group of investors.

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Limited Time or Knowledge
Here investors are notified when a "Traders Pick" is posted and simply log-in to the service to view the selection and follow a precision pricing strategy (PPS) for each traders pick recommended. These picks focus on US, CAD, ETF's and Global/Emerging markets.

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