Dynamic Trend Profile

Back on Thursday, March 29, we saw in our live class discussion a trade setup in CBOT Holdings (BOT). Everything was perfect accept it had an asterisk in the buy trigger for that room so we said hold off buying it if interested in that trade and wait for a more proper time and price. For an illustration, I bought 500 shares of that setup using that Marketocracy account and said in all likelihood the trade will fail, which it did. We continue to have BOT develop other higher room setups and Monday we said as soon as that SD room asterisk disappears it is technically ok or better now to trade CBOT Holdings. Monday I took this signal and bought 100 shares with a real money account because it was now more appropriate and we wanted to track this trade from beginning to completion. Below are some captured images of this activity. We will continue to update this trade as it evolves. The primary purpose of this originally was to show how the asterisk warning works.

Below is the trade taken SD BOT chart and Profile. The next post will be the setting up earlier trade originally with the asterisk warning.

Below is the original earlier buy setup CBOT Holdings (BOT) with the asterisk warning, from late last week.

Later we got a better trade buy setup when the asterisk went away and the trade moved up to a higher room. We still don't get triggered in this trade until later when the SD and PA rooms now setup higher room trades, and the SD room turns out to be the optimal room size, or appears to be as of right now.

Here is a little info on the trigger price parameter to help you understand the DT algorithm.

Here is a little more detail about the Asterisk (*) in the Trigger Box...

Here is the SD trade in progress as of Monday, 2 April close.... We will follow this up as soon as possible...