Stocks were falling when this lesson began, but we went cautiously against the trend in Google to come up with a winner that took all of three minutes to play out. Who cares about the trend when one can make $500 in just a few minutes by catching a small twitch up or down in a $900 stock? In an average day, Google probably twitches hundreds of times. You may be surprised at how easy it is to spot the nervous ups and downs that can deliver quick, painless profits.
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Previous Wednesday Recorded Tutorial
The Limits of System Trading
By Brian Catalucci on August 1, 2013
Two losing trades stopped us out for small change during this session, but that was a small price to pay for the lesson learned. What are the limits of system trading on a day so trendless that the Dow was barely able to move 10 points up or down for the entire six hours? You’ll find an interesting and enlightening answer to that question in this recording.
