TRADERSAI - A.I. Powered Model Trades for Today, FRI 07/12
How Long Can this Ride Last? That's Not the Right Question!
As we wrote yesterday morning's outlook, trying to justify what our "gut" "feeling" says what "should or should not be" happening in the markets is NOT what one should do to invest or trade in the markets. Yet, most individual investors/traders are known to do exactly that! If you find yourself pounding the table about what should not be the case or should be the case, it will serve you well to ponder this.
Rather than trying to predict what might happen in the future (whether it be next year, next month, next week, tomorrow, or next hour), most professionals' trading relies heavily on "evidence" of what "is" happening in the market and run with it. And, most of the times, what "is" is not necessarily what might be obvious or might exactly be what is wide open and obvious. Quant models help us confirm that exact "evidence"!
The chart shows the trading levels indicated by our models for today's session. For detailed trading plans, please check on our site.
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) The results of these indicated trades would vary widely depending on the timeframe you use (1 minute, or 5 minute, or 15 minute or 60 minute etc), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#ES #ESMINI #SP500 #SPX #SPY #Fed #Powell #Rates #Yields
As we wrote yesterday morning's outlook, trying to justify what our "gut" "feeling" says what "should or should not be" happening in the markets is NOT what one should do to invest or trade in the markets. Yet, most individual investors/traders are known to do exactly that! If you find yourself pounding the table about what should not be the case or should be the case, it will serve you well to ponder this.
Rather than trying to predict what might happen in the future (whether it be next year, next month, next week, tomorrow, or next hour), most professionals' trading relies heavily on "evidence" of what "is" happening in the market and run with it. And, most of the times, what "is" is not necessarily what might be obvious or might exactly be what is wide open and obvious. Quant models help us confirm that exact "evidence"!
The chart shows the trading levels indicated by our models for today's session. For detailed trading plans, please check on our site.
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) The results of these indicated trades would vary widely depending on the timeframe you use (1 minute, or 5 minute, or 15 minute or 60 minute etc), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#ES #ESMINI #SP500 #SPX #SPY #Fed #Powell #Rates #Yields
WWW.TRADERSAI.COM
From The CFA Institute:
tradersai.com/14625-2/
blogs.cfainstitute.org/investor/2022/12/15/what-can-ai-do-for-investment-portfolios-a-case-study/
Join our substack: tradersai.substack.com/
From The CFA Institute:
tradersai.com/14625-2/
blogs.cfainstitute.org/investor/2022/12/15/what-can-ai-do-for-investment-portfolios-a-case-study/
Join our substack: tradersai.substack.com/