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TradeTrend Trading System
To learn more about this system,
Call 800.669.8838/312.987.0043 or Email us» . |
Developer: Jeff Tompkins |
Market Sector: | Stock Indexes |
Markets Traded: | |
System Type: | Swing Trading |
Risk per Trade: | varies |
Trading Rules: | Not Disclosed |
Suggested Capital: | $5,000 |
System Cost: | $149.00 Monthly Subscription |
Results Available?: | Contact us for Info |
System Description: | The TradeTrend© signal software was created by Jeff Tompkins, founder and President of The Trading Profit, LLC and provides entry and exit signals for futures using a proprietary momentum-based algorithm. TradeTrend© helps traders stay on the right side of the market and momentum for both long and short positions using daily and intraday time frames. Momentum trading is a technique in which traders make decisions according to the strength of recent price trends. Price momentum in trading is similar to momentum in physics, where mass multiplied by velocity determines the likelihood that an object will continue on its path. The basic premise is that as an asset is traded, the velocity of the price movement approaches a maximum as new investors enter that asset near peak prices. As demand and money flow into the asset decreases, the tendency is for the price trend to reverse direction. Similar principles apply for momentum continuations. TradeTrend© pinpoints long and short entry setups based on a unique formula that identifies momentum shifts or continuations that are likely to persist. |
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