By Sunny J. Harris
Online Trading Summit – Equis International
San Diego, CA
January 12-14, 2001
· Retired at age 30, traveled the world, raised my kids and learned to invest my own money.
· Author:
o “Trading 101—How to Trade Like a Pro”
o “Trading 102—Getting Down to Business”
o “Electronic Day Trading 101”
o “Getting Started in Trading”
o “TradeStation Made Easy”
o “Grading the Gurus”
o “Does Technical Analysis Work?”
· Articles:
o “Testing, Testing, 1, 2, 3…”—Data Broadcasting Exchange
o “Working for a Living” —Futures Magazine, February 1997
o “Optimal Trading”—Futures Magazine, March 1997
o “Nuggets of Profitability” —Omega Magazine, Spring 1998
o “Asking the Right Questions for Trading Success” —Cover Omega Research Magazine, Summer 1998
o Weekly Articles on Melanie Griffith’s One World Live website
o Active Trader Magazine
· Appearances:
o Frequent guest of Richard Saxton on Channel 22 KWHY TV in Los Angeles
o Radio Interviews
o Online Chat Sessions for INO.com and Quote.com
o Online Investor Expo (a Money Show production) —December 2000
o Futures West
o International Online Trader Expo
o Online Investor Expo
o Equis Online Trading Summit —January 2001
o “Get Off the Floor” —Chicago Mercantile Exchange —July 1998
o Market Technicians Association Symposium —Chicago, November 1998
o “Electronic Trading” Chicago Mercantile Exchange —January 1999
o Futures South —February 1998
o Futures West —September 1998
o TAG 19 —November 1997
o Omega Research Group of Dallas —1997
o Omega Research Group of Orange County —1998
o Omega Research Group of San Diego —1997
o Omega World 1
o Omega World 2
o Online Investors Expo
o Barnes & Noble book signings
o Omega Research Users’ Groups
o AAII groups
o The Winner’s Edge” —Orlando, FL, March 1996
· Video Tapes
o Trading 101 —by Futures Magazine Group
o Trading 102 —by Futures Magazine Group
· Associations and Affiliations
o Member —Market Technicians Association (MTA)
o Member —Market Analysts of Southern California (MASC)
o Member —American Association of Individual Investors (AAII)
·
Tools vs Systems
·
Tom DeMark
·
Joe Krutsinger
·
Larry Williams
·
Jake Bernstein
·
Linda Raschke
p103 “Street Smarts”
BUY SETUP (SELLS ARE REVERSED)
Today the market must gap lower and not fill the gap
Over the next three trading sessions, have in place a buy stop one tick above the high of the gap-down day
If filled, place a protective sell stop at the low of the gap-down day
Protect any accrued profits with a trailing stop.
If not filled after three trading sessions, cancel the initial buy stop.
·
Barry Rudd
p169 “Stock Patterns for Day Trading”
High Probability Dip and Rally
5 minute bars
Consolidation at the high of the day
The narrower the range from high to low the better the trade
Buy the breakout
MOC exit
·
Joe Krutsinger
p97 “The Trading Systems Toolkit”
5-minute S&P 500
Entry {EST; V=total tick volume for the bar}
If Time > 1500 and V >45 then Sell at Low[1] stop;
If Time > 1500 and V >45 then Buy at High[1] stop;
Exit
Stop at $150 {wider if necessary}
Exit MOC
·
Larry Williams
p141 “The Definitive Guide
to Futures Trading”
High-Low Trading System (reversal)
Filter = S&P 500 * 0.0172
Round off to 1 decimal
Entry=Subtract filter from Close for short
Hold position until price moves 0.0172 from any day’s close, where you would reverse
·
Joe Ross
p114 “Trading by the Book”
The Ross Hook
In a strongly trending market, or one that is chopping around but making sharp turns and corners, whenever I see the market do the following, I immediately place a buy or sell order at what would be a continuation of the shaft of the hook.
The hook can be traded as a breakout of a one-two-three high or low
Be sure to trade in only in an established trend
Set an objective and then get out
·
Cynthia Kase
p 109 “Trading with the Odds”
Exhaustion Gaps
Late-comers speculative push in the direction of the trend
Filling the gap confirms it
Exit or short
· PHW™ Analysis
· aka Where’s the Money?
· Should I be trading or investing?
· Buy & Hold
· Calculating PHW
· Don’t try to tell the market anything