Track My Trade

I have been following a site called Track My Trade. He-They trade triangles... which is a popular style, and in this case I have followed their trades, and I pass on the link for evaluation.... the stocks so far are chartable picks, and the description though simplistic (makes me jealous) have an honest quality, in that if a person can bid, and purchase a stock at his listed price, there may be something to be said for his speculations as far as the downside risk, and as well the points of entry match my own targets... whether I trade with him, likely depends on whether I am already into another issue, as I wont hold more than about 3 stocks at any one time due to the volatile nature... diversity often increases risk in my own picks.

My biggest impression is that as long as they keep the quality of the issue high, trading triangles is a solid gorilla tactic, and if the site counter is right, I feel that he has harnessed the power of mass appeal to thinking for the herd, such that they have a following, that to say the least has the power to make the triangle trading profitable for those who do not chase past the chosen entry as depicted. The presentations appear to be timely, and as of their latest post, have mirrored my own thinking as far as the commentary goes when describing the reasons for the choice.

I have never been one to turn my back on something that works... so I have decided to emulate albiet a bit different, a Track my trade as well, and in a lot of cases may move in step with them.

After going over the history of his picks, I do however find that he has chosen a few particular choices that are his favorites to trade which is good in that a person can do some due dilligence, and become more familiar in passing.

GLTA Lostoutwest

Kenuck SmallCap Trader

National Post

Grandich

StockCharts Public Chart List

CBCnews

Please read our Complete Disclosure

If you see the hand... click on screen shots to enlarge them.