Sunday, August 28, 2011

BPT giving away tools and Wave 5 AWOL

Breakpoint Trades somehow keep getting better, I am migrating towards Tradestation, away from Thinkorswim, setting stops is essential, but setting too tight of stops is the best way to lose money consistently.  

BPT gave away some code for setting stops.   Good stuff.  $40 per month for incredible value.    Sign up using link on the left of my blog.    They are kind of leaning to the long indices position now, just FYI.  

And further down, if you look at SPX, it looks like maybe SPX is missing a wave 5.    Well, I noticed something similar on copper.    Wave 5 just "went away".

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Insightful and Useful Comment!