If you don’t currently utilize Technical Analysis in your trading decisions, knowing full well that every major trading house, algorithmic flash trader and all institutional investors do, the obvious question then becomes, why? The most common answer we hear is; “it takes to long to learn,” and “it’s to complicated to interpret.” Stock-Dot-Genie.Com automatically analyzes your stock, utilizing
multiple Technical Indicators, and distills the results from these custom indicators into a simple, but sophisticated signal that makes your trading decisions obvious and profitable. Our goal was to add this valuable tool-set, to all trader’s arsenal of tools, without requiring them to spend months or years mastering the mired indicators available and then experimenting with their application to learn by trail and error what actually works in the many different situations all traders are faced with. A better process is to put together a set of steps (algorithmic processes) that utilize the interpretation of multiple Technical Analysis indicators to monitor what the stock price actually is doing and displays simple and obvious signals that provide to the trader, real-time feedback in the form of red or green dots. It’s a very, very simple indicator, but the dots are the algorithmic distillation of multiple indicators and reflect what is technically going on now, not what might happen tomorrow. Genie is a derivative of the word Genius and having a Genie in each of our dots was our goal, but it also provides an accurate analogy of the Stock Dot Genie process. Technical Analysis works on a scientific, statistical and probability level, but it also works on a social level. Social because so many individuals have been convinced of it’s utility after making money utilizing it. As the methodology behind TA has spread and it’s utilization adopted by every major institutional trading entity and the majority of successful retail investors, the conventions behind TA become a self-fulfilling prophecy because a trading signal generated by Technical Analysis is seen, interpreted and reacted too in the same way by a constantly increasing percentage of all active traders. When these traders see a stock approaching support or resistance they all have the same expectations of what the stock’s price will probably do. The qualifier here of “probably” is required because no process can predict what will occur between the close of today’s markets and the open of tomorrows. No amount of analyzed data can predict, completely unexpected events affecting the broader markets or your specific stock. We can’t know, what we don’t as yet know.
