About Stocktrenddetectr

The trading program I employ evolved through a decade of trading experience and tens of thousands of trades in futures, options and equities. Through an in depth study of past trades, I isolated many things that were both working well and not working very well, refined these ideas through further testing and research, and distilled this into a comprehensive systematic trading method. In addition to my own trading experiences, I've read hundreds of trading books and worked with trading mentors and coaches to develop and reinvent my ideas. My purpose for the site is to share my market perspective with you so that you can streamline your market understanding and become a better investor or trader, regardless of your experience in the markets.

The first step to successful independent trading or investing is having a business plan. This plan involves understanding the markets you trade, knowing how much capital you need to trade these markets, having a risk management approach and having some idea of your potential for success or failure through historical testing with sufficient sample size and through diverse market conditions. 

Most independent investors and traders alike fail or pull away from markets altogether because of emotional pain related to financial loss resulting from not having a plan or strategy. The pain associated with financial loss overwhelms any desire to persist so that the learning process can develop. Developing any skill to a point of mastery involves constant practice and continued experience through repetition of specific habits that generate desirable results. In trading, if you jump into the markets head first without a plan, your initial trading stake defines your experience. Once your stake is gone you can no longer participate, learn and grow from the visceral experiences of being a participant. That is, growing through and learning from past mistakes as an essential guide to gaining the expertise and knowledge required for trading markets. Insofar as this is concerned, a wise beginner or an experienced trader may elect to paper trade his or her ideas live before using their hard earned money from a day-job. 

The first thing you need to do to start yourself on a path of producing consistent market results is having a plan, as has been stated. But any trading plan that you employ must be a personalized reflection of how you want to participate in the markets. Are you a long term investor (hold a product for years)? Are you a swing trader (trading short term directional changes in markets that may last for days to weeks)? Are you a day trader (close your position at days end)? More importantly, you might begin asking yourself how comfortable you are taking risk? How much money am I comfortable losing? 

The program that I will be discussing on this site is applicable to any type of trader or investor mentioned above. The program can be applied to any product in the investment universe with sufficient volume and volatility. And because the program is fully automated or systematic in nature, I am constantly scanning primarily North American listed stocks and futures, to derive trade ideas across a wide range of products. 

If you have any questions about stocks, etf's or futures that you trade or invest in that I do not discuss you can email me and I will either get back to you or post it for everyone. 

Hope you enjoy the content!