Dry Trading
ROSECAST FINANCIAL ASTROLOGY NEWSLETTER
Rosecast Market Timing
The Rosecast Market Timing service is updated every day and focuses on forecasting the high and low prices of E-mini S&P Futures and Dow Jones Index. Sometimes the forecasted high and lows will not become THE high and THE low of the day, but often a reaction of between 3 and 5 E-mini S&P points can be expected from a forecasted level. Thus these levels are valuable for day-traders. In addition Rosecast forecasts on average three to five intraday CIT times every day. A CIT time (CIT stands for Change In Trend) is a time that changes the short term trend of the market. If the market is making a high or a low on a 5 minutes chart and then a CIT time sets in , it will change the prevailing trend of the market and a trader can take advantage of such a movement.
It is my aim with Rosecast to alert the trader to a trading opportunity that yields between two and five points in the E-mini every day.
Day-Trading: Improve Your Statistics
At this time I would like to make a comment about day-trading. Day-trading is in my opinion the best form of trading (compared to swing-trading or trend following) if you want to trade your own account with the aim of earning a living from trading. Day-trading does not require a lot of capital to get started and if you trade well your account will grow. Day-trading is in my opinion not primarily about risk-taking, it is about knowledge and doing something right consistently.
The statistics of a successful day-trader look like this: Out of 12 months, he will have only one to two losing or flat months and will have minimum of10 winning months. There are day-traders do not have a losing month in the whole year.
From 20 trading days per month a successful day-trader will average 15 winners or - if you do not trade every day - the ratio of winning to losing days should be higher than 3 to 1. In addition the biggest losing days should only be half in magnitude as the biggest winning days.
If your trade statistics look like the above, then you are a successful day-trader.
If your statistics are not as good as the above, then - in my humble opinion - you need to learn and grow your knowledge and expertise of trading instead of increasing your capital and trying to outmaneuver the statistics with some uncanny risk-taking.
The statistics of a successful day-trader look like this: Out of 12 months, he will have only one to two losing or flat months and will have minimum of10 winning months. There are day-traders do not have a losing month in the whole year.
From 20 trading days per month a successful day-trader will average 15 winners or - if you do not trade every day - the ratio of winning to losing days should be higher than 3 to 1. In addition the biggest losing days should only be half in magnitude as the biggest winning days.
If your trade statistics look like the above, then you are a successful day-trader.
If your statistics are not as good as the above, then - in my humble opinion - you need to learn and grow your knowledge and expertise of trading instead of increasing your capital and trying to outmaneuver the statistics with some uncanny risk-taking.
By the way the statistics of a successful trend follower or a successful swing trader are not half as good as the statistics of a successful day-trader in terms of consistency. And that is why in my opinion day-trading is the best form of trading, if your aim is to trade your own account for a living.
Often I get the question of how much money is needed to start day-trading. Is it 50000 or 100000 US$ ? In my opinion it is only between 5000 and 10000 US$.
This will be more than enough to trade one or two lots of your favorite contract. Professional trading firms always require the aspiring trader to start trading with a one lot. Unless your ratio of winning days to losing days is not at least 3 to 1, you should not increase increase your trading size. Instead keep trading your small size and try to find an approach that works for you until you get the statistics right.
Remember it is only the statistics that matter, not the size of your trading account.
Having said all of the above I do not recommend anybody to quit their jobs and to start day-trading. For 95% of the population there are easier ways to make money than trading. And if your goal is to make money and you think about your talents in serenity then most you will find a more joyful way to make money as opposed to learning how to trade.
If you are already committed to day-trading or if day-trading is only part of your income then you should try to learn as much as you can in order to improve your statistics. Many of my subscribers - some of which are successful day-traders and money managers - have emailed me that my service helps them to improve their trading statistics. This makes me proud and is really all that I can hope for. You can read some of the unsolicited testimonials I have received here.
Unique Rosecast Trader Software
The Rosecast Trader software has been revised and new updates of the software are being sent out to all those who have already purchased the program.
The software features now an extensive guide on how to use it so that my prior one-hour tutorial for instruction on how to use the software has become obsolete and is hence no longer available. The Rosecast Trader software is recommended for all those who possess already a knowledge of astrology and would like to acquire some basic knowledge of how to use astrology to forecast the prices of financial instruments. The software performs all tedious calculations that are required to do that.
The software features now an extensive guide on how to use it so that my prior one-hour tutorial for instruction on how to use the software has become obsolete and is hence no longer available. The Rosecast Trader software is recommended for all those who possess already a knowledge of astrology and would like to acquire some basic knowledge of how to use astrology to forecast the prices of financial instruments. The software performs all tedious calculations that are required to do that.
In order to protect this knowledge from becoming too wide-spread and thus to protect the method from loosing its effectiveness, the sale of the software is limited to 100 copies, currently about 40 of this stock have been sold. Everybody who receives this newsletter is invited to order the software without needing to contact me first. This offer extends until March 31st, 2006.
Rosecast Welcomes the New Astrological Year
For most people the new year starts a few days after Christmas. However for astrologers the new year starts when the Sun enters the Sign of Aries, the first sign in the Zodiac. This marks the beginning of Spring and occurs every year between March 20 and March 21. By erecting a chart for the exact time the Sun enters the sign of Aries, the astrologer can look ahead of the events that are likely to shape the coming year. This chart is called an Ingress chart in mundane astrology. Mundane astrology is the branch of astrology that looks to forecast events of global reach like politics, weather trends and the stock market. Since the Ingress chart is strictly valid for one year only, it is not surprising that the trend of various stocks and commodities changes when a new Ingress chart becomes valid on March 20 or 21 of every year.
In the Rosecast subscriber area you will find my interpretation of the Ingress chart of 2006 in relation to the USA and its stock market.
In the Rosecast subscriber area you will find my interpretation of the Ingress chart of 2006 in relation to the USA and its stock market.
The Bradley Indicator 2006
The Bradley Indicator measures the combined activity of the planets in our solar system with the the aim of identifying turning points in the stock market.
In the next free Rosecast newsletter I will compare the accuracy of the Bradley indicator with the Rosecast proprietary Bradley which is the result of a modification of the original Bradley formula by myself. This modification is necessary to better reflect the impact of planetary geometry on the Bradley formula. I can already reveal now that the Rosecast Bradley has performed very well and it is exclusively available to subscribers of the Rosecast market timing service.
For anybody interested in the unmodified Bradley Indicator of 2006, you can click here and you will find the original Bradley for the years 2004, 2005 and 2006 conveniently located together on one page.
For anybody interested in the unmodified Bradley Indicator of 2006, you can click here and you will find the original Bradley for the years 2004, 2005 and 2006 conveniently located together on one page.