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

Friday, April 19, 2013

April 19, 2013-Stocks Closed Higher Hitting Long term Trend Resistance

Stocks are generally showing gains in mid-day trading on Friday, though weakness in IBM (IBM) has held down the overall blue chip average. The S&P and Nasdaq are showing solid gains, boosted by strength in stocks like Microsoft (MSFT) and Google (GOOG). Meanwhile, the Dow is posting a mild decline. The S&P 500 is posting a gain of 12.44 points, or 0.8 percent, to 1,554.05. The Nasdaq, boosted by strong performance among many tech stocks, is showing a gain of 39.39 points, or 1.2 percent, to 3,205.75. Despite the overall strength on Wall Street, the Dow is showing a fractional decline. The blue chip average is down 7.10 points, or 0.05 percent, to 14,530.04. The index is down even though only 6 of its 30 components are below the unchanged line. IBM is the major reason for the Dow's underperformance. The tech giant is down more than 7 percent after revealing a disappointing earnings report. The Dow is a price-weighted index, meaning that IBM, as the highest-priced stock among the index's 30 components, has a large sway over the overall index.
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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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