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August 3rd, 2004
NOTE: We discuss our “best trades” here mainly for educational purposes. The trading examples we illustrate are based principally on our volume indicators and market commentaries. Our main intent is to show you how you can apply our volume indicators and to explain the specific correlations that exist between volume spikes and the movement of the indexes. We do not mean to imply that you should follow our exact trades, but rather wish to suggest that you may make use of our volume analytics to develop your own trading style. We also urge you to paper trade before committing your money to the markets.
For this “best trade”,
"Buy QQQQ Call #1" are opened
in order to close it later with profit if
the index moves in our favor.
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NASDAQ 100
Indicator NASDAQ 100
Advance-Decline Volume Ratio |
If one of your trades has not yet been terminated (by the time you report it as a “Best Trade), should I try to follow it?
In the following, we would like to show you the motivating factors that led us to take above trades. For this purpose, we have created what we call a 'Table of Trade Motivators':Our "Best Trade" feature is designed primarily to teach you how to use our volume indicators. We do not wish to suggest that you should mimic these actual trades, even if they are still open. Only follow an open trade if you are aware of the risks and if you have access to real-time intraday volume charts (you can get these from www.MarketVolume.com). Whether or not we leave a particular “Best Trade” open is always contingent on our volume indicators. For logistical reasons, we cannot always send our newsletters out the same day we close a specific trade. Even if we could, it would often be too late for you to establish a position, since the market can reverse with very little or no notice following a significant volume signal. For these reasons, we strongly advise you against following an open position on our “Best Trade” feature. Should you wish to do so regardless, please assure that you have access to real-time intraday volume charts.
| Trade | Volume Motivation |
| Buy Call
#1 07/21/2004 Left Opened |
The market did move lower today, and in the process of doing so it also generated a good deal of supportive volume to the downside. Initially the market opened slightly lower this morning. As the market moved lower it began to produce an increasing amount of supportive volume to the downside by 13:15. However, the market continued its decline and as a result, the market produced an even larger supportive VMA spike to the downside at 14:15 and 14:50 . By 15:45 the market resumed its decline, catalyzing the production of an even larger supportive VMA spike to the downside, which came to a peak by the end of the day. The market closed at or near its lows for the day. |
These are the trades which netted the returns shown above:
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Date |
Trade | Strike | Expiration | Contracts |
Contract Price |
Amount | Profit |
| 08/03/2004 | Buy Call #1 | $34 | September - QAVIH | 75 | $1.35 | -$10125 | |
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Total: |
0 | ||||||
For this week’s “trade of the
week”, "Buy QQQQ Call #1"
are opened
in order to close it later with profit if the index moves in our
favor.
To see any of our past best trades, simply select from the list below.
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