IN THIS ISSUE
Joe Duffy
Overcoming the Blank Screen
Lee Gettess' Market Sense
Four Diseases of Dead Traders
Getting Started with Options
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JOE DUFFY
 

Duffy 2010

 

Joe Duffy is the president of KeyPoint Market Analytics Inc., and a member of the National Futures Association. Joe has been published extensively in the areas of trading and market analysis and has been a speaker at many international conferences. He is a three-time top ten finisher in the United States Trading Championships with actual real money annualized returns of 121%, 243% and 432%. As a mechanical trading strategy developer, Joe brings 25 years of real-time experience watching markets on an intraday basis.

 
OUR AUTHOR TEAM
 
Adam Oliensis 
Andy Chambers
Brian Schad 
Chuck Hughes
Darrell Jobman
Dave Caplan
Don Fishback
Ellie Taft
Gary Wagner
George Angell
George Fontanills
Glenn Neely
Jack Schwager
Jeff Horovitz
Joe Duffy
Jon Najarian
John Weston
Kathy Lien
Ken W. Chow
Larry Connors
Larry Williams
Lawrence McMillan
Lee Gettess
Mark Fisher
Murray Ruggiero
Paul Forchione
Peter McKenna
Ray Frazier
Russell Sands
Scott Krieger
Ted Tesser
Tom DeMark
Tony Catalfamo
Welles Wilder
May 5, 2010     

Inside Trading features Joe Duffy this week, who specializes in technical trading and building systems.  In his article, Joe discusses how to begin creating your own trading robot using your favorite trading software.

Next, we check in with Lee Gettess for his S&P and bond market predictions for the coming week.

Laurence Connors and Blake Hayward provide the next article on four trading habits which lead to disaster.

Last, George Angell gives some great advice to beginner options traders.

Enjoy!
 
Adrienne LaVigne

Overcoming the Blank Screen
 
By: Joe Duffy

The following is an excerpt from Joe Duffy's Ultimate Trading Robot

 "The single most important book on evidence-based trading since Wilder's New Concepts"

How to Get Started with Ideas that Work

You have opened up your new technical analysis software and you want to design a rule based strategy or system to propel you to success in your trading and investing. Where do you be­gin? Not only do you need an idea to start building a rule based strategy, but also you have to learn your analysis software's pro­gramming language. Fortunately, neither need be as daunting as it may seem at first.

 
Lee Gettess' Market Sense
 
Lee Gettess is a top trader who is excited to bring you his new video newsletter. Each week, Lee will share his predictions on what he anticipates from the bond and S&P markets.
 

Four Diseases of Dead Traders

 

By: Laurence A. Connors and Blake E. Hayward

The following is an excerpt from Connors' and Hayward's Investment Secrets of a Hedge Fund Manager

HOPE 

 

There are two times traders use hope, and both times it means they are doing something wrong. 

 

When a trader enters a position and hopes it moves in his or her favor, he or she obviously does not have a winning trading plan.  A winning trading plan is one in which the historical odds of profitability are in your favor.  One does not need hope for this.  The edge is already on your side.  For example, when one correctly trades undeniables on stock sector indexes, the odds historically state the trade should be profitable more than 70 percent of the time.  Hope is not needed, only proper trade execution.  Hope is only needed when one enters a trade based on a tip or a gut feeling or some oscillator reading that has never been quantified.

 
Getting Started with Options
 
By: George Angell
 

The following is an excerpt from George Angell's Small Stocks, Big Profits 

 

Options trading can be an extremely lucrative undertaking, but you must understand the risks involved.  For most newcomers to the game, options might seem a dream come true.  For a couple of thousand dollars you can buy up options in Microsoft, Motorola, Disney, and even Google and profit in all the gains of the underlying stocks.  And the potential profits can be dramatic.  A few years ago, I was able to buy Disney call options for just $2 per option.  Several months later, I sold the Disney calls for $10 each - a five-fold increase in my money!  More often than not, however, the underlying shares don't move, however.  This means the option buyer is looking at a loss of all his invested funds or at least a portion of those funds.  Having said this, you must always be cognizant of the risks involved when you buy options.

 
Noted Author and International Trading Expert Joe Duffy Reveals. . . 

The Ultimate Trading Robot How To Potentially Create a Simple, Automatic, Evidence-Based Profit Machine For ETF's, Futures and Forex

I will show you. . .
  • How to Possess a Winning DREAM Trading System Designed One_on_OneExclusively for you
  • How to Transform That System Into An Automatic Profit Machine
  • Best of all, since the hardest part is finding a winning system, I will Give you. . .
    1. The Million Dollar Strategy with 61.1% accuracy and over $1 million in profit
    2. An original CCI approach that pinpoints market turning points with 86% accuracy!
    3. TRIMAC, a high accurate trading program that hits market turns with amazing accuracy
    4. The proprietary evidence-based "Duffy 3 x 3" matrix that pinpoints, support and resistance
    5. ScoupeŽ, a simple, non-optimized trade system that blows away everything with 92% accuracy and $2,120,131 trading profits in historical simulations
 
 

PLEASE READ.  Past results are not necessarily indicative of future results.  There is a substantial risk of loss trading commodities with or without this or any other advertised product, service or system.  Also hypothetical or simulated performance results have certain inherent limitations.  Unlike an actual performance record, simulated results do not represent actual trading.  Since the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity.  Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight.  No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.