The Wizard: Stocks, ETF's, Futures & Forex » Double Reds http://thewizard.com/blog The best day trading software information from The Wizard. Get tips on how to use the best online stock trading strategies. Wed, 02 Nov 2011 05:20:46 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Look at the Double Reds that were filled today 6/23/08 http://thewizard.com/blog/look-at-the-double-reds-that-were-filled-today-62308/ http://thewizard.com/blog/look-at-the-double-reds-that-were-filled-today-62308/#comments Tue, 24 Jun 2008 03:10:15 +0000 Gene https://thewizard.com/blog/?p=84 The Wizard picked the second worst sector, the financial sector, because the worst (conglomerates) do not have that many stocks, and look what we have. We were filled on 8 stocks and we have 7 winners and 1 small (3 cents/share) loser the first day. When you trade with the trend you make [...]]]> The Wizard picked the second worst sector, the financial sector, because the worst (conglomerates) do not have that many stocks, and look what we have. We were filled on 8 stocks and we have 7 winners and 1 small (3 cents/share) loser the first day. When you trade with the trend you make money and more money when you filter it with double reds very bearish in a down market. We picked the worst sector and the worst stocks.

EVEN BETTER

Of the winning trades in the financial sector, we have 291 short and 1 long. I would say the Wizard knows how to pick stocks. We only have 5 losing trades in the whole sector of 296 stocks. The Wizard is flat in 12 stocks. Winners to losers that is better than a 98% winning average. Can’t do much better or the Wizard would be perfect.

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