Traders who
shorted Tootsie Roll Industries Inc $TR made a nice 5.02% profit in 4 days. On 11/28
Endeavor's Early Warning Signal (red
diamond) identified the potential for a substantial dip in price on $TR. The
signal predicted if price crossed our Trigger Point (red line) of $35.24 it
would dip 5% or more in approximately 15 days. Two days later on 11/30 price pushed down crossing our Trigger Point which confirmed the
signal. Friday's price
fell to a low of $33.47 making 5.02% from our Trigger Point in 4 days just as
predicted. Daily volume was 120,185 which is above its six month average volume
of 95,889.
Early Warning
Signals can identify when the price of a stock, ETF or REIT is either
overbought or overextended on a technical basis. This causes a pull back or dip
in price that can vary in severity. By predicting the move ahead of time,
traders and investors can profit by applying strategies that fit their unique
styles. Securities traders can short shares, options traders can buy puts and
long-term investors can prepare for the movement, so they don’t overreact.
Singapore CPF (Central Provident Fund) allows investment in a selected list of about three hundred Singapore listed stocks. Not all of them are suitable for investment for an investor. It may be worthwhile looking for solid investment opportunities from this list of stocks and invest a portion of CPF fund in such stocks. One may also use a personal non-CPF account to invest in such stocks. If the investment decision is made based on the sound analysis, it is likely that over time the investors will reap significant gain. One secret of trying to ensure such profits is to buy low and sell high. Easy to say. However, not so easy to practice as many may have found out. Here is one approach that may be of significant value. This approach looks for value stocks that are starting to go up.
Value investors may have a list of stocks in mind that are robust (non-speculative) and professionally managed. Sometimes due to industry and market undercurrents, such stocks may fall and become value buy opportunities. Even if a stock is a value stock, it is wiser not to buy it while it is still falling. A more effective approach is to wait until such a stock starts to go up and then take a position in the stock.
Following this approach, you might attempt to buy a robust stock just as it starts to go up from the bottom. Trying to buy it at the low or lowest price level. If the stock pays a respectable dividend yield %, then it is even better. Key to this approach is the ability to know when a stock is value stock and when a share has started to go up from a low level.
How does one know that a stock has fallen a lot? Using CUE technical trading systems that is easy to identify using the Price Extreme or Pendulum chart template. The stock will show up in red or magenta color if the stock has dropped a lot. Starhub (STAR.SI is the Thomson Reuters symbol) is showing up in red color, representing a significant drop in the stock. The fact that at the right edge the chart color has changed from magenta to red shows that the stock is starting to recover.
Starhub has evidently dropped a lot. What about its fundamental strength? CUE Vital allows you to do a fundamental and peer analysis in one minute using real-time data. Here is the result for Starhub. It is making money (EPS is positive). And pays a hefty dividend yield of 9.58%. That is much higher than the usual return from CPF account and is also significantly higher than Singapore fixed deposit interest rates.
The dividend yield itself may make the stock appealing to many investors looking for a steady return. However, you will do better if you ensure that the stock is a value stock at the current price level. How do you know that it is a value stock now? You can know that from the CUE Vital Peer Analysis. CUE Vital can carry out such peer analysis in real-time for global stocks. For value stocks, the Primary Valuation Score will be higher, and it will be in cyan, as is the case for Starhub. As you can also see, among the sector peers, Starhub’s valuation score is highest (the best), and its dividend yield % is the highest as well.
Well, so far we have ascertained that Starhub had dropped a lot to attract the value investor’s attention and that it is indeed a value stock. How do we know that it is starting to go up? There are several ways. One way is to apply the CUE systems unambiguous checklists to see if a valid buy set-up exists. Another way is to look for specific movement patterns using CUE Sonar scans. A logical low-risk CUE trade setup is not there at the time of writing this post. However, it is getting closer to that. Let’s have a look at Starhub using CUE weekly-daily charts. From the weekly-daily chart below you can see that
(1) The weekly had displayed a possible reversal signal several weeks ago, and so far that low has not been breached.
(2) Weekly backdrop candle color has now turned cyan, i.e., bullish.
(3) Weekly has displayed a series of bull-release green arrows that shows that the bearish pressure is now relinquished.
(4) The bullish Headwind in daily pointed to possible reversal and after that stock did not fall much.
(5) The series of green smileys in the daily chart shows that the stock is a value buy from a technical point of view.
(6) The movement indicators comprising of Acceleration, Speed and Momentum have all turned green, bullish, several days ago.
(7) The ascending Relative Performance line is showing that Starhub is out-performing the broad market and
(8) At the right edge, daily candle color is green, bullish, and the price is just below the auto-smart resistance Memory trend line.
All signals look bullish except the fact that price is just below the Memory resistance. If Starhub can close above that resistance, it may give a low-risk buy opportunity where the risk, i.e., stop loss, will be very narrow. Note that while analyzing the chart, you did not have to set any parameter or compare indicator values with thresholds or squint your eyes to look for convergence/divergence. You only looked at the intuitive colors and lines (green and cyan are bullish, and an ascending line is bullish) to make a sound decision on the stock’s technical state. And whether a novice or experienced trader is looking at the charts, they would come to the same conclusion, making the system unambiguous and easy to use.
In a few minutes, using CUE fundamental, peer and technical analysis you could identify Starhub as a value buy opportunity that is not ready yet but getting closer.
Are there similar other value buy opportunities in the Singapore market? Probably yes. As of this post, there are more than sixty stocks in the CPF approved list of stocks that are value stocks in CUE Scorecard. What about high dividend yield stocks? Currently, there are more than sixty-five stocks in the CPF approved list of stocks that pay a dividend yield of 5% or higher. Again, you could find these stocks in minutes (well, in seconds, really) using CUE Scorecard.
Could you look for high growth stocks? Yes. You could do that also using a few mice clicks.
You could also use CUE Sonar technical scans to look for stocks that are at a buy-point.
Whatever be your style, value investor, a growth investor, fundamental investor or technical investor, you would find the CUE systems of immense value in decision making based on robust data, unambiguous and easy to use intuitive and color-coded systems.
If you would like to receive a list of CPFIS approved stocks’ scorecard as of today, that contains much more than the vital statistics presented above, feel free to send us a note using the Contact form (https://superiorprofit.co/contact.html). We will be obliged to send you a copy of the same.
One of the biggest misconceptions about trading is the thought that every trade must be double digit gangbuster to be a good trade. Most of the time it’s the opposite. Small trades on quality stocks can quickly add up to big profits.
Check out PRAA which had a Blue signal on July 5th. Once price crossed our Trigger Point (blue Iine) it moved up +4.04% in 12 days!
Want more info on the Blue Signal? Click the link below.
Ever wonder how some people always seem to pick the right stocks? Well, they’re not doing it by themselves. They have help and that’s where we come in! Our Blue Signal can identify short-term upward trends in your favorite stocks, ETF’s and REIT’s.
Superior Profit traders look at multiple levels of the market pyramid structure. This structure has Country-Market at the top, followed by Sector and Industry and then Individual Stocks. Stocks may be further analyzed based on Fundamentals and Technicals. Here I focus on the Sector/Industry level with a live market example. You can use such insight not only in the USA Market but other countries as well.
The pitfall of not using Industry Rotation Insight.
Many traders don’t have the discipline or don’t have the tools to study the Sectors and Industries. They may buy Stocks in an Industry that is in peril due to macroeconomic factors, government policies, interest rate environment, technological changes, etc. The individual Stock may be healthy among its peers. However, that does not help. It ends up like swimming against the current in the river Ganges as it flows from the mighty Himalayan mountains to the Indian plains. The Stock has to make a considerable effort only to remain still. To break even in the stock becomes difficult, if not impossible.
Contrast that with the case where you are buying a Fundamentally Strong Stock in an Industry with favorable macroeconomic and policy factors. Even a moderately strong Stock will do well in such an environment. Making profit becomes easier.
Studying the strength and weakness of the Industries also helps you rotate money in a timely fashion from one Industry’s Stocks to another. Investment funds use this Industry Rotation Analysis before putting their money in a Stock. And you may also handsomely benefit by using the same. Unambiguous, easy to use and actionable Industry Rotation Insight was not available to retail traders. However, now it is available in CUE Edge (real-time version) and CUE Industry Scorecard (web-based version). I use the insights from these Industry Analysts every time I invest in a Stocks.
Live application of Industry Acceleration/Deceleration.
In the Market Roundup of Saturday 5th May 2018, I had shared that though Utilities Sector was the only positive performer for all the review periods looking back one week to one month, it was showing signs of weakness. The Utilities Industries were starting to decelerate.
Sector Performance Graph and Commentary from Market Roundup.
Above is the snapshot that I had shared in the Market Roundup. You could find the deceleration from Industry Score Heat-Map in an instant using CUE Edge Real-Time Industry Analyst or using web-based CUE Industry Scorecard. You could observe the Industry Rotation not based on newspaper opinions or anecdotal evidence but based on real and meaningful data analytics. And the visual heat-map made the Industry Rotation obvious, hiding the complexity of the data under the hood.
How does Utilities Sector look today before Market Open on Thursday 10th May? Over a rolling five days period, Utilities Sector is now having the worst possible score of 1 and the visual heat-map color is dark magenta. I am attaching that snapshot as well.
Sector Rotation Scorecard.
Isn’t that fascinating? You could anticipate the Utility Industries’ decline before it happened. Just like looking at a decelerating car in a car race you can predict that the vehicle is about to fall behind. Sector/Industry Acceleration/Deceleration once again proved to be the best predictor of future market moves at the Sector/Industry level.
How you can benefit from Industry Rotation Analysis?
Industry and Sector Rotation takes place regularly. Sometimes it is strong. Other days it is muted. Whatever be the magnitude, you can know of the undercurrents instantly using CUE Systems visual Industry Rotation Scorecard and Heat-Map. And when you use that in your trading decisions, you have aligned forces from a critical layer of the market pyramid structure with your trade. Giving you trades that have a higher probability and lower risk.
How could you act on the signals from such Industry Analysis? For one, you could protect profit in your Utilities Stocks Long Positions using Trailing Stop. Or, you could book profit altogether, moving your money to another Industry that is now accelerating instead of decelerating.
Would you prefer not to do that? What is stopping you from using Industry Analysis in your next trade and all future trades? Afterall, it takes only a minute or two to gather that insight visually from CUE Tools.
Having trouble picking which stocks are about to begin moving
up? We can help, our Blue Signal can identify short-term upward trends in your
favorite stocks, ETF’s and REIT’s.
Test driving CUE Global on Metastock XVI on the live USA market: A Workflow to Identify Reversal Buy Opportunities.
Metastock just released its latest XVI version, and I wasted no time in testing CUE Global Technical Trading System on the enhanced Metastock platform, on the live USA Market.
Trend following trades are common and are easier to identify. What is more difficult is to determine potential reversal trades. CUE Global does both flawlessly. Here I decided to define a simple workflow that will help you identify potential reversal trades.
Step 1: Using CUE Sonar scans to shortlist a few stocks.
There are thousands of stocks in the USA market, and it is not practical to go through all of them. Fortunately, CUE Sonar programs (implemented using Explorer in Metastock) are there to do the hard work. There are several Sonars that you may run based on what you are searching. I decided to use three distinct Sonars together. Let me explain.
CUE Sonars to identify reversal trade setups.
1.1. Many traders prefer to buy stocks at a discount. They do not like to buy a stock that has already gone up. In this case, I was looking for stocks that fell a lot and are now showing signs of life.
Such stocks are found using the Sonar program “CUE Pendulum Low and Reversing.” What is Pendulum Low? It is a price level that is low enough, i.e., attractive enough to start looking for potential long-term investment as well as short-term swing trade opportunities.
1.2. Showing signs of life may not be reason enough to buy a Stock. You may also want to find a stock that has given a proper trade setup as of today. As I was looking for stocks that declined and are now starting to go up, the stocks may not be in an uptrend yet. How to find possible buy opportunities in a down trending stock? You can do it using one of the CUE reversal trade setups.
CUE Headwind Long Trade Setup is such a reversal trade setup, and it turns out that CUE Systems has a Sonar to search for this setup: “CUE Headwind Long.”
CUE Headwind Long Sonar does not merely seek stocks with specific indicator values. Instead, it identifies stocks with solid trade setups at the right edge of the chart, using unambiguous checklists for the Headwind trade setup.
This CUE Headwind Long Sonar uses the unique and powerful Bullish Headwind signal. What is Bullish Headwind signal? Bullish Headwind is a signal that appears while the stock is still in a downtrend and indicates that a reversal may be imminent.
CUE Headwinds often accurately pinpoint reversals, as it did for several FANG stocks at their swing tops with Bearish Headwind signals. I had shared these FANG stocks’ Headwind reversal in a blog earlier. Here is a link to that blog.
1.3. Bullish Headwind signal works best when the stock is oversold. One way of assessing that is to check if the stock is at or below CUE Lower Boundary Lines. What are these Boundary Lines? These are lines that identify a stock’s usual price extremes. If a stock is outside the Boundary Lines, it is likely to snap back to its mean value. I chose the Sonar “CUE Beyond Lower Boundary” to find only stocks that are oversold.
CUE Sonar Result
Altogether, I decided to run three Sonar programs on the list of S&P500 Stocks. I ran the Sonars in such a way, so that result of one is fed as input to the next Sonar, shortening overall scan time. The Sonars took only a few minutes using real-time data, not data stored on my computer. If I used data saved on my computer, it would be even faster.
After running the Sonars, I could narrow down from more than 500 stocks to only four stocks.
Step 2: Evaluate the stocks on dual timeframes.
Many traders look for stocks that are strong both on weekly and daily timeframes before buying the stock. In CUE Systems you can do that by opening an instrument with the built-in, color-coded, intuitive, easy to read, CUE At A Glance Template. As the name suggests, you can identify a potential trade setup at the right edge in less than a minute, usually in a few seconds. CUE At A Glance Template uses dual timeframes, weekly and daily. However, what is different in CUE Systems from other systems is that it uses two distinct chart templates for weekly and daily. The weekly chart uses Backdrop Template, to show the backdrop against which the stock’s movements are taking place. And daily chart uses Hop On Template, which allows one to hop onto a trade using intuitive yet comprehensive signals.
I opened the four stocks identified in step 1 with CUE Technical Trading System charts. Here I share one of them looking through At A Glance Template.
Step 3. Make a trading decision.
FBHS (Fortune Brands Home & Security Inc) is a stock in Building Products industry.
Using CUE Edge real-time Industry Rotation Analyst or offline CUE Industry Scorecard, you can see that Building Products industry was lagging for a long time and now showing Acceleration of CUE Industry Score.
CUE Vital real-time Stock Fundamental and Peer Analyst or offline CUE Stock Scorecard shows FBHS is medium valued. It has earnings growth in the last quarter. CUE Stock Peer Analysis also indicates that FBHS is not the strongest among its peers. Neither regarding valuation nor growth. You may check out some of the stronger peer stocks for possible technical buy-point. For now, let us stick with FBHS and analyze it with CUE Technical Trading System.
FBHS Weekly Backdrop chart
At the right edge, a Memory Support line coming from far far away (the year of 2014) is supporting price. From the recent Candles’ Lower Tail it seems that Bulls are stepping in at the Memory trend-line support.
Weekly Backdrop chart’s Relative Performance is tilting downward. This downward tilt shows FBHS is under-performing the market in the weekly time frame, which you would expect in a reversal trade setup.
FBHS Daily Hop On chart
Daily Hop On chart shows FBHS has Heavy Activity in recent days, as the Industry is Accelerating. Thus, the Heavy Activity may be a precursor of possible reversal, as if buyers are stepping in. The daily chart has displayed the Bullish Headwind signal, a predictor of potential imminent recovery, at least enough for a quick short-term trade and potential for a longer-term up move.
Based on the CUE 360° Analysis combining Building Products Industry Acceleration, Fundamental medium-valuation & recent quarter earnings growth and chart technicals (weekly Memory support and daily Headwind at the oversold price point), this stock looks like a possible candidate for a low-risk buy opportunity. You could place the Stop just below recent low, determining the exact level using CUE Protection signal (not shown here).
One could take such a Bullish Headwind trade if one is comfortable entering reversal trade setups as against the trend-following trade setups that are more common among traders.
If you are holding a Stock what would concern you? Breakdowns.
From the desk of Sagar Nandi and Superior Profit
You may be carrying a Stock for Long-Term Investing or Short Term Trading. Whatever be your reason, you are in the Market to make a profit. And you can only make a profit if the Stock goes up.
Conversely, if the Stock drops, you will have a loss. And you know that, don’t you?
To blindly hold a Stock come what may is not a good idea. There better be a valid reason for keeping a Stock. And a good reason for owning that Stock and not another one of many possible Stocks. You could decide to buy a Stock based on #FundamentalTradingSystem or #TechnicalTradingSystem or a combination of both (as in #CUE360Analysis).
After you get the Stock in your portfolio, you need to track it regularly. And if the Stock is falling, instead of being rigid in your original assessment, you may take a hard look. Remember, you make money Buying a Stock only if it goes up. If it is falling, at some point, you need to exit, preferably taking a small loss rather than enduring a massive equity drop. Hoping that a Stock will eventually recover is not the smartest way to invest in the competitive Market.
Clear Breakouts downward is a warning sign that you may not ignore. And today, Tuesday, 24th April many Stocks in the USA Market broke down below well-established support; the CUE Memory Smart-Auto Trendlines on both Weekly and Daily charts. Here is one example.
PWR Broke below Memory Support Trendlines; found using CUE Sonar Program.
The Stock is PWR in Construction & Engineering Industry. You could find the breakout using Sonar program in CUE Globalfor Metastock or CUE Elite for Tradestation®. It broke down. And you could find that out in real-time exactly when it happened using Sonar scan or dashboard; not after the fact.
What about PWR’s Industry? If you are keeping an eye on CUE Industry Rotation Scorecard or are using CUE Edge to get an early heads-up in real-time, you can easily see that the Construction & Engineering Industry Decelerated today. All you need is to read the visual heat-map. That is another sign of possible trouble for PWR.
The Stock broke down on the technical chart. Industry Decelerated. What about Fundamentals? Currently, regarding Valuation, it is Optimally Valued. You can see that from color coded Scores in CUE Stock Scorecard. However, there are warning signs in slowing Earnings Growth; it slowed down in the last quarter. Next quarterly earnings result is due on 2nd May.
These complete 360° Analysis shows you precisely what is going on in any Stock you are holding. And if that Stock is PWR, there seems to be ample reason to be concerned.
Are you carrying similar Stocks? It is then most probably the time to run a 360° Analysis to figure out the health of those holdings; before it is too late. And take action to protect your hard-earned capital.
On 4/17, there
was an Early Warning Signal on ANF. It said if price crosses $27.46, expect a 2-5%
dip in price.
Here’s
the update:
ANF
crossed $27.46 (red line) just as predicted and ended up dipping a total of
-7.06% in 4 days. The Early Warning Signal is a powerful tool that helps
traders predict when a dip in price is coming.
Curious to know which
stocks are going to dip next? No problem! Click the link below and sign up to
receive the latest Early Warning Signals right in your inbox.
Picking the right stocks can be hard but it doesn’t have to be.
Our Blue Signal can identify short-term trends in your favorite stocks, ETF’s
and REIT’s.
Check out these two stocks that made big percentages in a short
amount of time.
MTDR had a Blue signal on Apr 16th. Once
price crossed our Trigger Point (blue Iine) it moved up +5.13% in 3 days!
FLS had
a Blue signal on Apr 10th. Once price crossed our Trigger Point
(blue Iine) it moved up +4.92% in 7 days!
Want more info on the
Blue Signal? No problem! Click the link below.
Ever wonder how some people always seem to pick the right
stocks? Well, they’re not doing it by themselves. They have help and
that’s where we come in! Our Blue Signal can identify short-term trends in your favorite
stocks, ETF’s and REIT’s.
Take a look at the 3 stocks that made big
percentages.
LULU had a Blue signal on Mar 28th. Once
price crossed our Trigger Point (blue line) it moved up +6.06% in just 13 days!
NTAP had a Blue signal on Apr 6th. Once
price crossed our Trigger Point (blue line) it moved up +5.80% in just 6 days!
MANT had a Blue signal on Apr 4th. Once
price crossed our Trigger Point (blue line) it moved up +5.05% in just 9 days!
Want more info on the
Blue Signal? No problem! Click the link below.
Stocks sometimes move inside resistance areas, and once there is enough buying pressure, it breaks out; often starting a new upswing or maybe even a new uptrend.
There are specific breakouts that you can trade for a hefty profit. The successful breakout trades have some common characteristics. They need to provide entry at Low-Risk Buy Point. If the Stock is already up substantially from their resistance breakout, then the Long Entry may carry too much risk. To be successful, a Technical Breakout also has to be accompanied by Heavy Activity showing the presence of aggressive buyers. These are factors that you can quickly and unambiguously identify in a matter of seconds using CUE Technical Trading System running on Metastock (CUE Global) or Tradestation® (CUE Elite).
However, a technical breakout is not enough to take the best breakout trades. To choose only the best breakout trades, you need to find a Stock that is Fundamentally Strong and whose Industry is either healthy or is getting strong? How do you identify that easily? Using CUE Edge Industry Rotation, you can find Industry’s strength and weakness in Real-Time. And using CUE Vital Fundamental Analyst or CUE Stock Scorecard, you can instantly carry out a Stock’s Fundamental and Peer Analysis. Together, CUE Edge and CUE Vital or Scorecard gives you the power of a complete Fundamental Trading System.
Merck (MRK) High Activity Breakout from Base and out of Resistance in Daily Chart on 9th April 2018
How to identify the best Breakout trades in real life? Let us take a recent example. On 9th April, Merck (MRK), a Pharmaceuticals Stock broke out of the automatically drawn very smart trend line resistance (these are called Memory Resistance lines) with High Activity. Not only that. On the same day, the Stock’s Candle color changed to cyan that is Bullish. The Stock was also breaking out from a well-established base formed by Watermark Support Lines.
The breakout started near the beginning of the day. Looking at that, one might take the Long position using CUE Real-Time Fine Tune Chart that uses 5 or minutes interval. That would allow you to enter the trade at an even lower price. This entry technique is standard in CUE Trading and you may learn more on this from the many Weekly Market Roundups including this one.
MRK’s Fundamental and Industry Strength
Using CUE Scorecard, you can instantly carry out a Peer Analysis and check if MRK was/is Fundamentally Strong. Here is the result. MRK is not only Optimally Valued, but it is showing some amount of Earnings Growth in the recent quarters. It pays an excellent Dividend Yield %, has robust Earnings Quality. Among its peer Stocks, MRK has one of the best overall Fundamentals.
To check the Industry, you could use CUE Edge that shows Industry Rotation in Real Time or CUE Industry Scorecard that provides up to date end of day Industry Rotation Insight. Here, we have neutral characteristics. MRK belongs to Pharmaceuticals Industry. This is part of Health Care Sector. The Industry and Sector are lagging for a long time. And in recent period (say, last 5 days) neither improving or deteriorating. Some long term investors may in fact start to look for Optimal Value Stocks at such times if they are breaking out of base and resistance. MRK fitted that profile.
What is the result of taking the MRK Long trade?
A long taken on 9th Apr when MRK broke out of Memory Resistance gave substantial profit. One of the traders we know took a Bullish position using Monthly Options Put Vertical (Sell MRK 57.5 Put and Buy MRK 55 Put; both with same expiry of 18th May; which ws just beyond the next earnings date of 1st May). That trade is Opened for a credit of 1.02 USD. As of today 17th Apr, the Vetical is trading at 0.40 USD. That is a substantial profit in six trading days. The same trade could be taken using Long Stock position.
What to do now with the profitable MRK trade?
MRK continues to be Bullish on both Weekly and Daily CUE Charts. Next Memory Resistance is at around 61.5. One may book at least partial profit then. And one may also put trailing Stop using Stock price as the Stop trigger. Protection Signal in CUE Technical Trading System immediately shows the current Stop Level for the Long position. The Stop Level is at 57.3 USD; well above the Entry price and therefore practically, this a guaranteed profitable trade from now onward.
Want a similar Breakout Trade on Today’s Date of 17th April?
That is not difficult. Using CUE Systems you could immediately identify such trades. Disney (DIS) for example. Here is the Technical Trading System chart showing the breakout. It is a Real-Time Daily chart; the day is not over yet. One may look out for high Activity. Combining Technicals, FUndamentals and Industry Rotation analysis, you may find this to be an attractive Stock to Buy.
Using CUE Fundamental Trading System (Edge, Vital or Scorecards) you could check out Disney’s Fundamental and Industry strength and decide to Buy or Stand Aside. We would not suggest Shorting Disney at this point. Would you?
Like this Breakout examples, you can find many other Breakout Trade Setup as well as Trend Following, Trend Reversion, Exhausting and Sideways Market Setups using CUE Technical Trading System. You may learn more from our Education Center; open to the public and serious traders like yourself.
