About Night-Trades

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About
Night-Trades Trading System

by
Andy Skinner

Over the past ten years, I have spent thousands of hours researching how stock prices react to support line touches. I wrote the Ramp Trendline Scan Program and this has made me uniquely qualified to do this research.

This research lead to a very profitable trading system I call AndysPicks which has been public in the Ramp-Monthly-Subscription area for over a year now. Even though AndysPicks works well and makes users a great profit, it is difficult or impossible for most traders to use because it relies on intra day price dips. This means that in order to use the system you needed to be at a computer and monitor the intra day alerts. 

When I created Night-Trades, I set out to create an ultimately simple trading system that anyone can use employing the same proven fomulas that worked so well in AndysPicks.  By simple, I mean that all the trader has to do is place a market order for the stock in the evening. When the market opens the next day. The trade will automatically be executed at the current trading price. The same is true for selling the stock. You simply enter the sell order in the evening and let it sell at the current price when the market opens. No trading system can be any simpler than that. All the trader needs is a trading account and instructions for what stocks to buy and sell each evening.

When I first started this project, I was doubtful that it was even possible, but as it turned out, the same formulas that worked intra day for AndysPicks, worked for Night-Trades. This meant that not only was it possible to do, but also, that it is already a proven system based on the real trading results from the very similar AndysPicks system.

Night-Trades takes advantage oversold stocks in market dips. You will find that the trades appear when the market has pulled back several day and you will find yourself buying when everyone else is selling. Don't be concerned if many days pass without a trade. When the trades appear they will typically be in groups and you can pick and choose the trades you like or trade all of them. The statistics show assume that you have taken all of the trades.

Night-Trades is a very simple and profitable trading system for traders who only want to trade after the market has closed. It is now, together with AndysPicks, one of many features provided for subscribers to the Ramp-Monthly-Subscription.


Trade ID

Note that I use Trade IDs to identify a trade. This is because, the same symbol may offer more than one trade setup on a single day and they are treated as entirely different trades. A sample trade ID is below:

DV-MA250L-20080221

In the above example "DV" is the symbol. "MA250L" is the type of trade. In this case a 250 day moving average long position. "20080221" is the date the trade setup was found. Feb. 21, 2008. The date is the ate the trade was found, one trading day before the trade was entered.

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