Market Timer Algorithm

The latest flavor of the week is the Market Timer Algorithm.

The sales video keeps dying around the 12 minute mark, but that is okay. From what I heard in those 12 minutes, this guy is kinda making up facts. Understandable, since he is marketing something, but obviously a scenario is only a scenario. I am sure my idea of probability is different than his so I would likely not be interested anyway. Besides that, I am thinking he probably wants to sell whatever it is for some ridiculous amount of money and I am about 99.999999% positive I can already out-trade him. I only got my degree from an actual top university and graduated Summa Cum Laude (that's all A's in every course from start to finish). I always smile a bit when I hear guys tout themselves because it reminds of the scene in Armaggedon, where the scientist tells the general..."I know the President's advisor. We went to MIT together. At a time like this would you rather take the advice of someone who got a C- in AstroPhysics, or someone who got an A?" I hope you understand what I mean:))

So I don't know what the content is, but from looking around the page it appears to be about the stock market and maybe options?

I will tell you how to make a killing in options. It is really pretty easy, especially since the stock market has tools to track volume. But, if you have the Investools search engine, do a search for Insider Trading in the last 2-3 months. Once the search engine gives you the results, arrange them by the ones with the best fundamentals. Then open a yearly chart and see where the 12/26/9 macd, 14 period stochastics, and 21 period SMA are in relation to the price. If they are not overbought, go buy an option. It is really a no-brainer and extremely hard to lose. Of course, this strategy will not work in Forex, and the indicator settings are extremely crappy if you actually want to make money in Forex, so I wouldn't recommend using them.

I know I am trashing this system without a full understanding of it, so I am sorry if it's the cat's ass for you. If you like it, judge for yourself and do as you please. After all, there is more than one way to profit from the markets. Each of us has an opinion of how to do, and even though I might disagree, it is only my opinion. I do enjoy seeing other people's ideas because I never know if they might lead to an improvement in how I trade. So, please do not take it personal, okay? The real systems, like mine, never come to market because they actually work:)) Sometimes I am just annoyed by all the junk that doesn't.

I am also disappointed with the macro chart I saw in the part of the video that was working and the analysis of the market. His analysis was that eventually the price will come down. That's comforting. I know right where to enter now....gag! Gotta love historical chart analysis, right? LOL!! An understanding of market behavior is much more important than any indicator. If it wasn't a historical chart, what would he say if it blew right through the resistance? I suppose nothing. He would just find another example. Soooooo clueless, and yet trying to make a fortune teaching people to trade when he doesn't even know how himself. So aggravating!!

Sorry my soapbox is getting rather large. I am just really getting tired of a new flavor of the week, every week. It is like the carpet baggers infesting the South after the Civil War. Every week some new moron comes out of the woodwork with the latest greatest thing and doesn't have a clue what he is talking about. ARGH!!