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Chart of the Week:
QQQ November 27
, 2002


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Our conservative mid-term trader has made some profitable trades recently. Based on our advice and analysis he was able to make $5,000 for just one day!

Security Return
QQQ 1 6.5%
QQQ 2 8.2%
QQQ 3 8.4%
QQQ 4 Holding
QQQ 5 Holding

Total Earnings:

$5,000

If one had even traded January options, they could have made more than 70% on each trade, but we don't generally recommend options trading for our new members.

NOTE: This chart of the week is meant mainly for educational purposes only. We don't recommend that our customers follow these exact trades. We suggest that you develop your own trading style and try doing some paper trading before using our volume analytics.

Over the past couple of weeks our professional mid-term trader has been able to come up with some excellent trades! Based on MarketVolume's Market Outlook and some very clear volume signals, he was able to make several profitable trades. Since the market is currently in an uptrend, our trader only went long, even though there were some points he could have theoretically gone short. It is safer to go long in an up-trending market even if you are a day-trader. It has been an excellent couple of weeks for long traders as MarketVolume's predictions have been very accurate.

Motivations behind Trades: The main motivation for the above trades was simply to make conservative mid-term trades that could be backed up with very clear volume signals. On every point of purchase our trader waited for the index to decline, and as it did if there was an appreciable VMA surge to the downside he would make a purchase. On all of the sell points you can see that there was a good deal of selling volume to the upside, and in general if one wants to play it as safely as possible, one would sell their open positions on just such a signal.

Should I try to paper trade before trading options?
Yes! We suggest that anyone who is new to our signals and analysis try doing some paper trading to start, at least until they are comfortable with interpreting our signals.

How can this chart be used by me?
Our main reason for publishing these charts is to allow our members to learn by another trader's example  how they can make trades based on our volume signals and Market Outlook. Members can gain a better understanding of how to enter and exit the market, based on when a signal is generated. To learn from these charts, you don't need to trade the specific security mentioned in this publication, but whatever security you feel comfortable with. The principles for trading QQQ shares will not change when trading something like S&P 500 futures.

I trade the S&P 500 / SPDRs. How does this apply to me?
The S&P 500 and NASDAQ 100 indexes have generally the same behavior. If you overlaid a chart of each of them during a short period such as this one, their general dynamic would be the same. Because of this, you can trade S&P 500 index shares, and options.

Why trade only stocks (index shares) and not options?
Due to the current climate in the market, and the fact that this trader's goals were to make a decent return but still remain fairly safe in his trades, he decided only to trade stocks. Even if the market had not changed in his favor, he could have held onto these shares for months without having to worry about losing a lot of money as he could if trading options or futures. Simply put, he wanted to make secure trades.

Conclusion: Our short-term trader, based on our Market Commentaries and Volume Signals, thinks the market will probably move higher, but to play it safe, decided to sell half of his outstanding positions.


To see more details about the motivations behind the above trades and trade details, sign up for a Free Trial today (no credit card information will be collected) by clicking on the following link:

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2002
Date Indicator
December 30, 2002 NASDAQ 100
December 19, 2002 S&P 500 (SPX)
December 10, 2002 NASDAQ 100 Index
November 27, 2002 NASDAQ 100
November 20, 2002 NASDAQ 100 (NDX)
November 13, 2002 NASDAQ 100
November 6, 2002 S&P 500 (SPX)
November 1, 2002 NDX
October 25, 2002 S&P 500 (SPX)
September 25, 2002 NASDAQ 100
September 18, 2002 SPX
September 6, 2002 S&P 500 (SPX)
August 21 2002 NASDAQ 100 (NDX)
August 14 2002 S&P 500 (SPX)
August 7, 2002 S&P 500 (SPX)
July 31, 2002 NDX
July 24, 2002 NASDAQ 100 (NDX)
July 17, 2002 NASDAQ 100 (QQQQ)
July 10, 2002 S&P 500 (SPX)
June 26, 2002 QQQQ
June 14, 2002 S&P 500
June 12, 2002 QQQQ
June 5, 2002 S&P 500 Trading
May 31, 2002 S&P 500
May 29, 2002 NASDAQ 100 (QQQQ)
May 22, 2002 QQQQ
May 17, 2002 S&P 500
May 15, 2002 QQQQ
May 8, 2002 S&P 500 (SPX)
May 3, 2002 NASDAQ 100
May 1, 2002 NASDAQ 100 (QQQQ)
April 28, 2002 NASDAQ 100 index
April 22, 20022 NASDAQ 100
April 3, 2002 S&P 500
February 25, 2002 S&P 500
February 8, 2002 NDX
January 30, 2002 NASDAQ 100

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