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NOTE:
This page is no longer updated.
The new ETF, QQQQ and GOLD stock trading
website is
www.etf-gold-stocks.com
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Free QQQQ and GOLD stocks trading
Wealth, like most everything else in your life
is about YOUR worth, intention
and resolution.
We live in a very materialistic world and need money. A proper balance of emotional and material wealth
creates a fertile ground for a secure and content life.
Virtual trading on this page is
done with QQQQ - proxy for NASDAQ’s 100 largest nonfinacial companies. It's
liquid and it can be shorted on a up tick. Some
of the companies in it are: AMZN, AAPL, CSCO, EBAY, INTC, INTU, MSFT, SBUX
and YHOO. This information may also help you to trade these individual
companies or DIA and SPY. For more info on QQQQ's components click
here.
Other good trading vehicles: IWF
Russell 1000 Growth iShares, ULPIX ProFunds,
DIA, SPY, QLD ProShares for QQQQ,
This page is my way to test and
develop my own system and to share this information. Paper
trading is not an
effective way to learn to trade, because you don’t get
the similar
fear and greed factor as you do when you lay down your
own hard earned money. But putting your trades openly out there like I do
on this webpage creates at least some fear and greed effect. I may not
lose any money on a bad trade, but I am putting my reputation / system on
the line. So if you want to learn to invest by paper trading, take it
seriously, make your picks public to your friends or spouse and if your
system doesn’t work, don’t just toss it away, but refine it and if
nothing else learn; what not to do from it.
Sell signals can be
used for shorting, but only if you know what you are doing. One good rule
is; short only after 50 MA drops below 200 MA. QQQQ can be shorted on
a up tick. In real life trading all the sell signals would not be
shorted.
As
you can see below there is very little difference whether you trader at
the open or close. I also did a little experiment, in which I randomly chose
a trading time for each day there was a signal issued.
The
results were: If you traded the first 8 signals at the open you would
have made about 39%, at the close 38% and randomly placing a market
order during the day about 38%. Of course
these results are just approximate, because noone can get the exact
open or close price.
Of course
the small few percentage gains do add up, but most years there are only one
or two bigger rallies that you must be on to make some money. If you miss
them, then you might as well be on the sidelines all year long.
Who I am?
I am not a professional money manager or a stock broker…. farm form it.
I have been investing (with varying success) online for the past 10 years.
I have subscribed to the most newsletters out there and have been
disappointed by most of them. Not that some of them have not been
profitable and good, but with every one of them there is always something
that makes them too risky, unpractical or difficult to implement. Also many
newsletters are very close to a fraud. They advertise 1000% returns etc.
but after you join the big returns are just a smoke and mirrors. So I have
been trying to develop my own system that will give me reasonable returns without
too big of a risk and stress. I am tired of running after and wasting my
money on easy ten baggers and the latest super secret CIA based trading
system, which will guarantee 2756% or $87,653.47 profit every week J.
My
system / technical analysis (TA) is based on fairly common
indicators and a internet based trading software. It is about 90%
mechanical, but I have a veto right in special situations. I use slightly
different indicators for PM stocks. My system is great in a sense
that I can implement it from anywhere, even from an internet coffee shop
since I travel constantly.
How
I discovered my system? I have a great passion to be as independent as
possible and I have not found any newsletters out there that I could trust
my hard earned money to, so I have
tried to come up with a system of my own for years. One day after spending
many hours on the net back testing different scripts I got frustrated and
just pretty much randomly clicked some indicators and values and hit back
test button and voila… the results were pretty good. From then on I have
refined this system and so far it has worked pretty well.
All
in all I try to keep my system as simple and stress free as possible. I
rarely trade during the day. I usually look at the market after the close
and if warranted place a market sell or buy signal for the next day's open. This
way I don't have to constantly worry about the markets. Believe me;
worrying about them can drain you energy and even affect your heath. If
you worry about every penny,
by doing limit orders and waiting all day long to
place an order; yes you may make few extra dollars, but also you may lose
some because one never knows how the market is going to behave any
particular day. Especially if you are an novice at stock trading you are
better off by placing market orders. The results will often even out at the
end anyway.
And if nothing else, you will have less to worry about, and that alone is
worth a lot of money, isn’t it?
I am
not trying to find every bottom and top, but to make some money from every
major move the markets make. If you have a long profitable run, it's
ok to take some or all of your winnings out... as they say: "A bird
in a bushel is better than two in a tree". In the future there
might be times that market whipsaws for months and then we can expect
several small losses in a row, but that is part of trading. Over time compounding works wonders.
Protecting
your capital is the most important thing.
I would like to get feedback
on how these signals work with your individual stocks, interesting links,
articles on trading psychology, good free websites etc. Share the knowledge, share the
wealth.
This information is provided for entertainment
and paper trading purposses only!
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New system test run with
QQQQ, GLD and GG.
Check below before market
open.
QQQQ At
open Points %
At close Points
%
1. B
3.6.07 $42.58 $42.85
2. S 5.7.07
$46.65
4.07 9.5
$46.63
3.78 8.8
3. B 5.29.07
$46.49
0.16 0.3
$46.81 -0.18 -0.4
4. S 6.6.07
$47.37
0.88 1.9
$47.07
0.26 0.5
5. B 6.29.07
$47.79
0.42 0.9
$47.60
0.53 1.1
6. S 7.19.07
$50.41
2.62 5.5
$50.32
2.72 5.7
7. B 8.20.07
$46.48
3.93 7.8
$46.53
3.79 7.5
8. S 10.12.07
$52.90
6.42 13.8
$53.53
7.00 15.0
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Totals so far long/short: 18.50
39.4
18.26 38.2
Long only:
13.99 30.7
Buy 3.6 and sell 10.12
10.34 24.3
9. B
GLD At
open Points
% At close
Points %
1. B
3.6.07 $63.66 $64.14
2. S 4.19.07
$68.00
4.34 6.8
$67.53
3.39 5.3
3. B 6.6.07
$66.11
1.89 2.8
$66.41
1.12 1.7
4. S 7.20.07
$67.13
1.02 1.5
$67.58
1.17 1.8
5. B 8.20.07
$65.06
2.07 3.1
$65.12
2.46 3.6
6. S 10.16.07
$74.87 9.81 15.1
$75.12
10.00 15.3
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Totals so far long/short 19.13
29.3
18.14 27.7
Long only:
15.17 23.4
Buy 3.6 and sell 10.16
11.21 17.6
From
this point on (signal #8) I may use the same signal for GLD and QQQQ. I compared the
results and had I used QQQQ signal for GLD the results would have been: Long and
short 37.5%. Long only 27.4%.In other words long only result would have
been even better than with the original gold trading system.
Also
I compared these first 8 signals to GG, and the results would have been: Long and
short 101%. Long only 68.3%. So according to all this it looks to me that I might as well use only one
(QQQQ) signal. Buy and hold system: If you had
bought GG on 3.6 and sold it on 10.12 you would have made 27.4%.
GG
long and short results were impressive to say to least, but when it comes
to shorting you should not do it, unless you really know what you are doing;
especially in a clear cut bull market.
Below
the first 8 QQQQ trading system signals.
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Below the results for QQQQ for 2004 and
2005.
Gain
for closed trades is about 14.03 points or 37.1 % long and short.
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FYI:
Take any hundred people at the start of their working careers.
Follow them for 40 years until they reach retirement age, and here’s what
you’ll find, according to the Social Security Administration:
Only 1 will be wealthy.
4 will be financially secure.
5 will continue working, not because they want to but because they have
to.
36 will be dead.
54 will be dead broke – dependent on their meager Social Security checks,
relatives, friends, and even charity for a minimum standard of living.
That means only 5% of the work force ends up being financially successful
while 95% retire destitute.
Solution: Start saving early. Be smart with your money. Spend less
than you earn. Invest smart.
Richard Russell's Wisdom by John Mauldin.
Read about investing
SMART...
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Links: - Free
charting: Yahoo is ok for a quick look. www.stockcharts.com
is ok for a little bit more detailed analysis, but the problem with them
is that you get free charting for only daily or weekly timeframes and only up to 3
years. www.bigcharts.marketwatch.com
have 2 good charting options. Time frame can be from 1 day to 10 years and from 5 minute to yearly. You can easily draw trend lines, compare symbols and save one
chart setting. You can set up your own portfolio too. Also they offer news and other useful information on the
same page with the chart, so you don’t have to hunt for it all over the
place.
- Basic investing; 'Path to investing' info... - Seasonals:
www.seasonalcharts.com
- Stocklemon investigates
securities fraud, questionable company information and stock
manipulation:
www.citronresearch.com
- Louis Navallier’s once a
week free
Marketmail is balanced and free of unnecessary fear
mongering. He also offers a free
Stock Grader.
- Is your stock being spammed?
Info...
- Compouding calculator here...
"Being rich is having money; being wealthy is having time" -
Margaret Bonnano
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Disclaimer:
Any information on this webpage or in any emails should be used
only for virtual/paper trading.
Timo Yla-Soininmaki is not a registered Investment Adviser or a
Broker/Dealer. Readers are advised that this webpage and/or any email, report or
newsletter is issued solely for informational purposes and is not to be
construed as an investment advice, offer to sell or the solicitation of an offer to buy any
stocks or securities. The opinions and analyses included herein are based
from sources believed to be reliable and written in good faith, but no
representation or warranty, expressed or implied is made as to their
accuracy, completeness or correctness. Timo Yla-Soininmaki may have positions in the securities that are discussed on this
webpage or emails. He doesn't get paid or compensated in any way to
feature any of the stocks or companies. Readers are urged to consult with their own independent financial
advisors with respect to any investment. All information contained in this
webpage
should be independently verified. DYODD!
- Argentum et aurum
comparendi sunt. -Gold and silver must be bought.
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