Trading System Software

Newsletter - October 14, 2012

Follow the trend, but do not try to possess it

An ideal way to trade the market is to follow the trend, but not try to own the position. AbleTrend shows you specifically how to do it, by showing you the market directions with "buy on blue" and "sell on red".

In addition, AbleTrend indicates support/resistance levels with T2 stops, which provide small blue dots as stops for buy positions, and small red dots as stops for sell positions.

Here is an example:

Benefits using AbleTrend:

• You have objective rule to follow, buy when you see blue, and sell when you see red.
• AbleTrend T2 stops show you specifically when the market support levels and resistance levels are, no guess work.
• You exit the positions when the price penetrates the T2 stops and remains beyond them when the price bar closes.
• There is no emotion involved in making these trading decisions.
• You do not become attached to your market positions. You act as the market says to act in the moment.
• If you can follow the trend objectively, trading becomes easy. You then may have the same feeling as Zhu Xi expressed in his poem 800 years ago:
  
  Spring waters surged up the riverbank last night,
  Like weightless feathers the heavy vessels float.
  Rigorous labor pushed ships forward in the past,
  Down midstream on strong waves I ride effortlessly today.
  
  May you ride on market waves effortlessly today and everyday.