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Strategies & Market Trends : The Art of Investing

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Nov 3 4:00 PM EST

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To: sixty2nds who wrote (8731)	9/10/2024 8:59:41 PM
From: Sun Tzu	Read Replies (2) of 10505

No, the algo doesn't tell you which stocks to trade. This is why I need to build my market scanner. Assuming that you picked the right stock, the algo tells you how to minimize your losses and maximize your profits. But you still have to have picked the right stock. There are two parts to the algo: estimating the support and resistances, and figuring out the hidden momentum. Based on these two, it makes recommendations for what you present it. But it doesn't pick the stock on its own.

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