Our SDTC!

Jody here!  We all realize that good trading tools are essential if you want to make money consistently in the trading world. Market Mover Trading has great trading tools like proprietary Prediction Points, the Real Time News Server and semi automated trading tools that precisely place your order just before an announcement is released. However, for those tools to work properly, it is essential to also have the right computer with the speed and processing capability to handle MMT’s time-based, precise trades. Last week, while I was making a few trades, my trading dome and charts showed the S&P e-mini market was trading at 1114.50 and I had an short order sitting at 1115.50. After checking the news server and realizing that the fundamentals were going to push the market higher, I attempted to move my order up to the next prediction point. Before I could execute the move, my order was filled at 1115.50 even though the market and charts appeared to be at 1114.50!

My broker, Craig Ross at Infinity Futures, suggested that I keep any processes on my computer closed unless they were absolutely necessary. I tried this and it only slightly helped the lagtime on my 2.5 year old computer. Seconds can literally equal hundreds of dollars or more with this type of trading, so I really needed to find a solution to my issue.

After speaking with a colleague, Zach Huyge, he told me about the guys at Contact PC in Highlands Ranch. Contact PC built Zach a reasonably priced computer that is used exclusively for trading. Dawn, Zach and I went into Contact PC earlier this week to have a Super-Duper Trading Computer (SDTC) built to our specs. Chip, Russ and James were extremely knowledgeable when it came to what Dawn and I wanted this computer to do. So here is what we bought…

• ATX Midtower Case w/ a 600w/20 pin w/120mm Fan Power Supply
• 1366 Atx P6x58D Motherboard
• Intel 1366 i7-930 Quad Core Processor
• 12 gigs of RAM
• 1GB PCI-E Gaming Video Card
• 10/100/1000 PCI Network Adapter

and a lot of other stuff that I know nothing about (Dawn knows) that makes this computer the fastest, baddest trading computer I could afford. If your trading is suffering because your computer is old, slow & tired, I highly recommend you contact the guys at Contact PC and have them build your trading computer for you. We had ours in less than a day. The only thing this computer will be used for is trading. Contact PC even had a switch that allows us to move from one computer to the other at the touch of a button (we kept our old computer) to check emails, surf the net, etc.

We will keep you posted on how our trading goes over the next few weeks with our SDTC….

Popularity: 25% [?]

Well, no surprise that today was volatile.  ADP hasn’t been a good indicator for months, and rumors were swirling that Nonfarm Payrolls were going to tank.  Can I say Market Mover Trading is a perfect way to turn bad news into good news?  Can I get a woo-hoo?

Nonfarm Payroll/Unemployment Claims 8-6-10

I even lost one trade when I anticipated the correction too early…still up 5.75 points (57.50% or $287.50 on one $500 contract) for the day.

For my week (8/2 – 8/6), I was up 20.25 points (202.50%!!!) on my money.  I won 12 of my 14 trades.  I LOVE Market Mover Trading.  You will, too!

Popularity: 26% [?]

New Unemployment Claims went up this week to 479,ooo; about 19,000 more than expected.  Not fun for those out of work, but fun for Market Mover Trading traders:

Initial Unemployment Claims, 8-5-10

$150 in the blink of an eye.  I ♥ Market Mover Trading.

Popularity: 24% [?]

We traded ADP Nonfarm Employment Change and ISM Non-Manufacturing PMI today.

First up, on ADP Nonfram emp, my order didn’t get filled.  Bummer.  It was pretty movement, too, though I caught .5 point on the correction.

So, on ISM Mon-Manufacturing PMI, I did the ‘usual’ (since Friday, haha) MMT tools that I was 9/9 on.  This time, I was bitten a bit.  I thought maybe I hadn’t been filled earlier in the day because I wasn’t fast enough with my mouse; double-clicking to set my order.  I decided to trade the second news announcement with a feature that allows me to click once to place an order.  But my clicking finger had the double click scored into its muscle memory and I ended up with TWO orders that were filled short at the bottom of a wick on an up candle.  Whoopsie!  I did keep a cool head and move my stop loss down to minimize my losses, as the fundamentals showed that the news was good and we were going way up.  I lost 1 point on each of the two contracts, but then I made a point back on the correction.  So, I ended up down $25 on the day, which is not too bad given my giant fill/click mistake.  Lesson learned with barely any pain AND I am doing very good at keeping my cool and trading without emotion.  I am still pleased with the MMT Tools, as since last Friday, I am 10/11 trades and up $575.  Cannot complain!

ISM Non-Manufacturing PMI, 8-4-10

Popularity: 31% [?]

Can you sense a theme here?  My third day in a row of trading (basically) single news announcements with Market Mover Trading’s semi-automated tools and I am 3/3.  Actually, 8/8 trades.  3/3 days.  Weeee!  Today was Pending Home Sales.  After the Homebuyer Tax Credit expired in April, we have seen lackluster PHS in the months that reflected the expiration.  Duh.  Today was no different.  However, with Market Mover Trading, I don’t care if news is happy or sad, I just want volatility.  Volatility is my new bestest friend. 

Oh, and the Pending Home Sales news measures the change in the number of signed real estate contracts for existing single-family homes, condos and co-ops. The National Association of Realtors developed the pending home sales index as a leading indicator of housing activity. As such, it is a leading indicator of existing home sales, not new home sales. A pending sale is one in which a contract was signed, but not yet closed. It usually takes four to six weeks to close a contracted sale.

So, I set my tools prior to the announcement.  Even though I was pretty sure how the news would go, it doesn’t matter with the MMT Tools if I know that or not.  I sold short on the initial move, made 3 points (30%) and then .25 points on the correction.  I could have made more on the correction, but I forgot my fundamentals and got out too quickly.  A rookie mistake and to be expected.  That’s why I journal my trades and learn for next time.

Pending Home Sales, 8-3-10

Tomorrow, I will have two excellent opportunities to use my MMT Tools in this way; at 6:15 and at 8:00.  Stay tuned!

Popularity: 32% [?]

Okay, so normally ISM Manufacturing PMI doesn’t make anyone’s skirt fly up.  We’ve gone over this before, but for you new readers and normal people who don’t retain stuff like this from month to month, the ISM Manufacturing PMI (Purchasing Managers Index) is a rating from 400 purchasing managers who are asked to rate the level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories.  Pretty boring for 99.9% of everyone.  HOWEVER, when you are trading news announcements with Market Mover Trading, ISM Manufacturing PMI becomes very, *very* exciting.  It’s what we at MMT call a “High Impact” announcement.  I love High Impacts.    They usually mean more opportunity to jump in, jump out and make some money.

Last Friday, Jody taught me how to set my semi-automated MMT Tools at Infinity Futures so that I can capture the initial movement on a single news announcement AND then quickly capture the correction.  I don’t have a screenshot of my day last Friday, but I made *7* flippin’ points on the Chicago PMI & U of M Consumer Sentiment.  That is 70% on my initial investment.  Sim, of course (hey, I was trying out new tools!)  I was too excited to screenshot.  I literally thought I had died and gone to heaven.

So, I did it again today and simmed 2.25 points or 22.5%:

ISM Manufacturing PMI, 8-2-10

Yay for me!  Yay for Market Mover Trading!  Yay for MMT Tools!

If you would like to take control of your money and your financial future, give us a holler.  We can help!

Popularity: 27% [?]

This market is desperate.  Desperate for a glimmer of hope, a light at the end of the tunnel, politicians with brains.  Whoops!  Did I just say that last part out loud?

So, New Home Sales went up today all of 0.01 – told in millions, that’s 10,000 homes.  The teeniest of moves up.  Barely a drop in a very tired, sad, empty bucket.  But the way the markets reacted, you would have thought we had a return to, IDK, 2001!  LOL!  Okay, I love volatile news announcements, so I’ll take it, but it’s just plain weird.

New Home Sales; 7-26-2010

5 points on the initial move, 1.25 on the correction, 3 points on the similar move.  Okey-dokey, we’ll take it!!

Popularity: 26% [?]

By Joseph Plocek

WASHINGTON (MNI) – The U.S. June employment report was weak and the bright spot of a 0.2 point dip in the unemployment rate is likely to be ignored.

The June employment report had few surprises, and shows slow growth. Payrolls printed -125,000 and included -225,000 census workers and +83,000 private jobs. May-April jobs were revised +25,000 in total.

The unemployment rate fell 0.2 point to 9.5% as the labor force contracted by a huge 652,000 workers on seasonal adjustment. The unadjusted labor force advanced 901,000, and the only age group whose participation increased was age 55+.

Hours and wages (all Average Hourly Earnings fell 2 cents for +1.7% over the year) were modest, suggesting slow gains ahead in income and production.

June payrolls were mixed: manufacturing +9,000, construction -22,000, retail -6,600, transportation +14,600, financial -15,000, leisure +37,000, temp help +20,500, health +16,800.

Overall, this was not a robust report whose surprise drop in the unemployment rate reflects more discouraged workers and caution entering the workforce.

Details: Payrolls/Prior AHE,yoy Agg Hrs Civ Unempl Rt/Unrnd Jun -125k —- +1.7% 99.1 9.5% (9.5115%) May +433k +431k —– 99.0r 9.7% (9.6980%) Apr +313k +290k —– 99.0r 9.9% (9.8633%)

** Market News International Washington Bureau: (202) 371-2121 **

Popularity: 43% [?]

Asks, wicks, ticks, candlesticks…what?  When I first enrolled in Market Mover Trading, I didn’t know selling short from a fill price!  Brackets were for shelves and domes were something cakes did when you baked them, right?  RIGHT?

Pre Market Mover Trading, pictures like this made my head absolutely SPIN:

Chart Confusion? Not with MMT!

Now, that picture (my chart from earlier today) isn’t confusing at all to me!  And I am not spending hours and hours every day studying.  This knowledge comes with a couple of hours a week and just being around trading.  Mucho learning by osmosis!

I am here to tell you that you shouldn’t let lack of knowledge about these kinds of  terms  or “scary” pictures of charts be what keeps you from an education with Market Mover Trading.  Other issues might keep you from it, but it shouldn’t be either of those!

It is so empowering to watch Fast Money on CNN and know what they are talking about!

Take a look at the MMT Education Video or pop in for a Thursday night webinar and see what all the buzz is about…

Popularity: 89% [?]

Join us for some Free wine tasting and gourmet hors d’ oeuvres as you enjoy a relaxed atmosphere of Networking, Discounted Shopping & Fun!

May 12, 2010 from 4-7 p.m. @ 3740 Dacoro Lane in Castle Rock!

This event is for EVERYONE!  It’s a way to relax and enjoy some freebies while checking out local small businesses in a beautiful, available commercial property.  All attendees with get a goodie bag and a free oil change!

Awesome Prize Drawings:

• Nancy Student ~ WildTree Basket
• Kris Jordan with Garvin’s Sewer Service
• Nina Anderson with Wine Shop at Home
• Ryan Tracy ~ Meineke Car Care ~ Free Oil Change for Attendees
• Renee Louis with Arbonne ~ Basket of Goodies
• Mark Tasker ~ Camp Bow Wow ~ 2 Day Get-a-Way Spa

DJ and Music by our Robert Romano with ACES DJ
Food Provided by the Following:

• Tommy’s Bodacious BBQ :: Tom Ren 303-968-7099
• WildTree ::Nancy Student 303-717-3123

Popularity: 80% [?]