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

Wednesday, April 10, 2013

April 10, 2013-Stocks Rally on China Data Closing at All-Time Highs

After moving mostly higher over the course of the two previous sessions, stocks showed a substantial move to the upside during trading on Wednesday. The strong gains on the day lifted the S&P 500 to a new record intraday high. The major averages moved roughly sideways throughout much of the afternoon, hovering firmly in positive territory. The Dow advanced 128.78 points or 0.9 percent to 14,802.24, the Nasdaq surged up 59.39 points or 1.8 percent to 3,297.25 and the S&P 500 jumped 19.12 points or 1.2 percent to 1,587.73. With the gains on the day, the Dow and the S&P 500 set new record closing highs, while the Nasdaq reached its best closing level in well over twelve years. The rally on Wall Street was partly due to a report from Chinese Customs showing a much bigger than annual rate of growth in Chinese imports, with the data generating optimism about domestic demand in the world's most populous country.
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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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