Why Forecasting Methods Do Not Work (2)
There are four reasons why these forecasting methods do not work in the real world: 1) The wave assignments are always made after the turning points have formed. They are a pretend crystal ball that...
View ArticlePsychological Preparation for Trading (1)
Ten Secrets to help you prepare for trading success. The word “secret” is usually used for information shared by only a few people. The secrets on the following blog and upcoming series, however, are...
View ArticlePsychological Preparation for Trading (2)
Secret Two: Buy on price strength and sell on price weakness. One of the predominantly accepted concepts in trading is “buy low and sell high.” It seems simple enough (easier said than done), but it is...
View ArticlePsychological Preparation for Trading (3)
Secret Three: Be more than willing to take small losses. In the real world, don’t believe it when someone says that he or she knew the direction a market would take ahead of time. In fact, there is no...
View ArticlePsychological Preparation for Trading (4)
Secret Four: Be more than willing to switch positions. One of characteristics of floor traders is that they don’t use “stops.” When they see the market turn against them they simply exit all their...
View ArticleHow to Trade Surprise Rally on Eve of Fed Decision?
Last week US stocks tumble in worst week since August as fed anxiety spreads. Poor’s 500 Index fell 3.8 percent in the five days to end at a two-month low. Energy shares plunged as the cheapest crude...
View ArticlePsychological Preparation for Trading (5)
Secret Five: Stick with the “big” trend until a change in trend tells you to exit. It is easy to take a small profit and run but in the end you will most likely lose overall with such a trading...
View ArticleAbleTrend Ranks No. 1 in Top 10 Viewed Trading Systems SCM Jan. 2016
AbleSys celebrates ranking No. 1 in Top 10 viewed trading systems at Stocks and Commodities Magazine again in the January issue of 2016. With the celebrating, we are offering this Special Holiday...
View ArticleGuidance Chart is a powerful tool for risk control
Guidance Chart has been popular among the successful traders using AbleTrend. Guidance Chart combines 2 time frames and 2 different AbleTrend algorithms into 1 chart and helps to filter out false...
View ArticleWelcoming the new year
To start the year, we like to take a step back to review what it is we’re really trying to do at the various levels of our life. At a high level, what we want from our trading decisions is to be out...
View ArticlePsychological Preparation for Trading (6)
Psychological Preparation for Trading (6) Secret Six: Only move stops in the desired direction of the trend Where should you place your stops for the most protection? It’s easy when you place your...
View ArticleTake advantage of the current market condition with AbleTrend
Take advantage of the current market condition with AbleTrend Dow dropped 1500 from current high in 7 days, this is the worst start percentage wise in stock market history. Analysts are predicting...
View ArticleFour Essential Characters of Traders/Investors
The essential characters of traders/investors can be captured in the profit/loss matrix diagrammed as below. Basically we belong to one of the characters. The two factors that define a character are...
View ArticleHow to turn mental discipline into the power to profit
Psychological Preparation for Trading (7) Secret Seven: How to turn mental discipline into the power to profit. Human emotion can greatly affect one’s performance in any arena. Being able to control...
View ArticleInstruction for Setting up Guidance Chart
As the Guidance Chart getting popular we’ve got many requests for the AbleTrend Guidance Chart setup instruction. Here are the step by step instructions. There are 2 ways to set up the Guidance Chart....
View Article