I'm going to lay out, in all its glory, a very simple opening range breakout day trading system for gold that I wrote years ago.
And because its rules are so simple it continues to work in the world's most difficult trading environment:
Real-time!
Let's dive deeper into how this system works and how you can make this system for yourself.
You can day trade gold with only 3 lines of code if you know exactly when a strange quirk in price shows up.
This phenomenon in gold is so unique that I haven't seen anyone else talk about it.
And I almost completely missed it if it hadn't been for a lucky fluke of observation.
Let's take a deep dive into how you can pull 27% annual gains from the gold market with incredible ease.
This RSI stock market trading system (also called a "trading plan") has correctly timed the market 85% of the time for the last 40 years.
The idea of a “plan” is not a foreign concept.
You have a plan to get to work each day, you have a plan to make dinner, you have a plan to call you Mom on Mother's Day, right?
But, insanely, 95% of traders don't have any plan whatsoever when it comes to their trading; they are flying blind.
Therefore, in this post, I want to expose you to what a trading plan, called a "system", looks like.
It's time to stop treating your swing trading as a hobby. It's time to get serious.
Understand the odds of every trade you make is the only way to make consistent money swing trading stocks. No more guessing and no more listening to gurus that don't back up their "hot picks" with proven odds and statistics.
In this post, I layout three lines of code for a simple swing trading system that you can use to time the market with 82% winning odds. And the best part is you don't even need a computer, but some basic counting is required.
Do you use the MACD to trade?
I've tested it, and the results will surprise you. Back when I started trading, I read as many books on technical analysis as I could. One after another, I read all the "classics" and took tons of notes, filling up binder after binder.
But guess what? The books were wrong!