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A Complete Trading System Used by Professionals to Make Millions

If there's one thing that most traders are always looking for, is a set of rules or a system that allows them to trade the markets profitably. In this article I will describe a complete trading system used, in the past, by a very famous trader and the people he taught, and then later on by several hedge funds managed by his disciples.

It can be used "as is", without any modifications, or you can use it as a basis to develop your own system, further enhancing the power of the original rules.
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► The Turtle bet

In the early-1980s, one of the greatest and richest traders of the 20th century, Richard Dennis, and his friend Bill Eckhardt, were having an ongoing discussion on the viability of teaching people how to trade. Richard was convinced that it was possible to teach ordinary people to become good traders, while Bill believed that great traders possessed a natural skill, some sort of sixth sense that could not be taught.

In order to settle this discussion they ma…

FOUR MOMO STOCKS

BUY ON THE BREAKOUT




Long Setups for $ATW, $MLCO and $PAM

MOMO TRADES ABOVE RECENT HIGHS






LONG SETUPS FOR $AMAT, $UCTT, $TGH, $GTN AND $OI

$AMAT long setup over 50.88— King Of Traders (@KingOfTraders) Sep. 28 at 08:38 PM$UCTT long setup over 30.60— King Of Traders (@KingOfTraders) Sep. 28 at 08:37 PM$TGH long setup over 18.35— King Of Traders (@KingOfTraders) Sep. 28 at 08:36 PM$GTN long setup over 15.50— King Of Traders (@KingOfTraders) Sep. 28 at 08:35 PM$OI bullish setup over 50.88— King Of Traders (@KingOfTraders) Sep. 28 at 08:34 PM

Five bullish setups with over 20% short interest. $TSLA, $BIG, $AMAG, $WUBA, $CONN

All five charts are in an up ascending triangle pattern. WUBA has over 77% short float.











THE OIL MARKET IS BIGGER THAN ALL METAL MARKETS COMBINED

Big Oil
THE OIL MARKET IS BIGGER THAN ALL METAL MARKETS COMBINED




Ever since the invention of the internal combustion engine, oil has been one of the most crucial commodities on Earth. Without it, modern transportation as we know it would not be possible. Industries such as aviation, aerospace, automobiles, shipping, and the military would look nothing like they do today.

Of course, as we now know, this has all come with some extreme drawbacks from an environmental perspective. And while new green technology and the lithium revolution will aid in eventually reducing the role of oil in transportation, the fact is we still use 94 million barrels per day of crude worldwide.

As a result, the energy industry continues to have huge amounts of influence on our lives. Special interest groups with a focus on energy have influence on a domestic level. Meanwhile, from a foreign policy angle, countries like Saudi Arabia and Russia wield additional geopolitical and economic power because of their …

New High Dip Strategy

NEW HIGH DIP STRATEGY
Stocks that seems too high tends to go higher! Here is another addition to a BTFD strategy. Buying a stock after it dips from a new 52 week high.




Instead on buying the stock itself. You can sell out of the money putsoptions to a particular price where support was there.