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Tonight I also like to release the first edition of the HPS 40. The HPS 40 is a selection of 40 stocks that each have their own unique qualifications based on overall quality, institutional interest, liquidity, Beta and average range of trade and shows a consistent history of pattern development.This will be more defined when the main section is launched . As a stock shows good characteristics it will be added to the index and one that has dried up and does not look to be consistent will be dropped. This will happen at any time.
The majority of the HPS setups will be taken from this index, But other will be alerted if they are found outside the index.
The purpose of the HPS 40 is to force you to only take the Highest Probability Stock Set ups (HPS) in the market at that particular time. This methodology takes the emotion out of the trade and lets the volatility work in your advantage. The HPS 40 are forty stocks that will be tracked for there HPS setups and alerted as they approach and trigger that zone. The purpose of this is to keep us in a tight defined non emotional trade zone where we become familiar with certain trading styles of individual stocks and profit from them on a consistent basis. No greed, no hopium, less risk and faster profits
HPS 40 |