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

Monday, March 11, 2013

March 11, 2013-Markets Edge Higher for 7th Straight Day

After moving modestly lower at the open, stocks turned higher over the course of the trading day on Monday. The gains on the day extended a recent upward move by the markets, with the Dow once again reaching a new record closing high. The major averages saw further upside going into the close, ending the session at their best levels of the day. The Dow rose 50.22 points or 0.4 percent to 14,447.29, the Nasdaq climbed 8.50 points or 0.3 percent to 3,252.87 and the S&P 500 edged up 5.04 points or 0.3 percent to 1,556.22. The strength that emerged on Wall Street largely reflects the recent upward momentum for the markets, as there were not really any major positive catalysts to generate buying interest. A lack of major U.S. economic news kept some traders on the sidelines, enabling the markets to follow the path of least resistance, which is currently to the upside. Meanwhile, traders largely shrugged off some disappointing news from overseas, including weaker than expected readings on Chinese industrial production and retail sales.
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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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