By ryan45 on Sep 29, 2008 in Featured | 0 Comments
Today was a historic day in the market as congress failed to pass the bailout bill and we saw some of the largest drops in history. Yes, we did trade today before the announcement and sentiment was generally bearish. Volume was high and volatility was a constant trick as to where to enter trades. The [...]
By ryan45 on Sep 26, 2008 in Featured | 0 Comments
The market brought opportunities for us to make money in both directions today during our time window. Yesterdays breakdown in talks in regards to the bailout caused a drop in the market, yet this mornings open signaled that discussions are back on track and that there will be a deal reached. The collapse and subsequent bargain basement [...]
By ryan45 on Sep 25, 2008 in Featured | 0 Comments
Today was another conservative but profitable day. Market conditions were bullish throughout our time window due to higher possibility of a deal being reached on the government bailout of the market. Slow and steady was the upward pace as news continued to feed the american public information on the likelyhood of the market receiving $700 [...]
By ryan45 on Sep 24, 2008 in Featured | 0 Comments
Today was a great day for us to make money in the market, however there was still fed speak and we always take a conservative approach during those addresses. The Matrix Wealth Trading System still led us to a modest profit and the speed, volatility and volume were conducive to short trade cycles. The market [...]
By ryan45 on Sep 23, 2008 in Featured | 0 Comments
Today was a day that we didn’t spend too much time analyzing the market as we spent most of our time listening to congress, the treasury, and the fed go back and forth with questions and answers. We did enter a few trades to give us a modest profit, but with a bailout of this [...]
By ryan45 on Sep 22, 2008 in Featured | 0 Comments
Following the week we had, we’re quite pleased to see market movements come back to a manageable level. Today’s market was mostly bearish with financials still struggling. With the value of the dollar dropping and the price of oil skyrocketing, the direction was fairly clear. Still, we took a conservative approach to the market and [...]
By ryan45 on Sep 17, 2008 in Featured | 0 Comments
Today was another volatile day, but trend was clear so we engaged the market conservatively. Market speed was still fast and whether volume was high or low, the market continued to move in large strides in each direction. Bearish sentiment was leading the direction of the trend and we carefully selected our entry points to [...]
By ryan45 on Sep 17, 2008 in Featured | 0 Comments
Today was a day where volatility was so extreme and market speed and direction would shift so fast and so often that we chose to stay out of the market today. Whenever trading becomes more of a bet than an educated guess, it’s time to stay away. We’re a bit bummed about not being able [...]
By ryan45 on Sep 15, 2008 in Featured, Uncategorized | 0 Comments
Today was quite a volatile day in the market. Pulling profits was a riskier endeavor for us today due to the drastic swings. Financial news dominated open due to Lehman bankruptcy announcement and Bank of America purchasing Merrill Lynch. From the announcements the market dropped significantly, yet from open the trend was bullish. Still, the [...]
By ryan45 on Sep 12, 2008 in Featured | 0 Comments
Todays market provided great opportunities in both directions to make money. The Matrix Wealth Trading System has come through for us again as it gave us the structure to help protect us against large loss and giving us the framework to pull profits. Market conditions were volatile but volume was all over the place. At [...]