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The best opinion in the market is no opinion. Whenever you have a strong opinion about the market, and
you think it is going only in one direction, that opinion seems to cloud your decision making during
day to
day market movement. You need to let the market tell you which direction it wants to go.
To determine day to day market movement, I use multiple moving average indicators. This system keeps
me disciplined and organized. This system consists of two moving averages, coinciding together
to
indicate market direction. I
can not express enough the importance of being disciplined for this system to
work successfully.
Each day, a chart with statistical data and current market strategy will be posted
to this web page. This
information can be viewed by selecting MARKET
SUMMARY(call for
password). I will need confirmation from
you to participate in this trading system on an ongoing basis. Simply review the current Market Summary
and click the SUBMIT
QUERY button,
otherwise I will contact you by telephone. Due to certain market
conditions, strategy updates might be available during a trading session.
Ten to fifteen minutes after the market opens, a determination will be made to
place a trade, when
applicable. If more than one contract is placed, profits will be taken on half of all winning
trades and the
remainder of the position will stay open with a winning stop for a prior trading day. If possible,
we will
attempt to liquidate losing trades by the end of the trading session. This system will help us
follow the
trend and stay disciplined. Following the twenty-day moving average will enable us to be part
of major
moves and trends.
Thank you for your time and I hope to talk to you in the near future
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The risk of loss
in trading futures can be substantial. Each investor must, therefore, carefully consider whether
such trading is suitable in light of his or her own financial condition. The information
provided on this web site is
believed to come from reliable sources, but cannot be guaranteed as to its accuracy or completeness. Past
performance is not indicative of future results. MH
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