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"SCMV Weekly does not generate daily trade signals. It only generates new buy and sell signals on the first trading day of each week. Because of this, the SCMV Weekly system is well-suited for traders who cannot, or do not wish to check for new signals and execute new trades on a daily basis."
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SCMV Weekly
"The SCMV (Small Cap Momentum Value) Weekly system was started December 1, 2006 as an experimental stock screen on the Trade 4 Cash blog."
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The SCMV Weekly System |
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Trading SCMV Weekly
SCMV Weekly’s unique quality is its low demand for attention. Unlike the other Trade 4 Cash Pro systems, SCMV Weekly does not generate trade signals on a daily basis. It only generates new buy and sell signals on the first trading day of each week. Because of this, the SCMV Weekly system is well-suited for traders who cannot, or do not wish to check for new signals , and execute new trades each morning.
Like all other systems, Buy Limit prices are given with all buy signals, and Sell target price are listed with each sell signal. However, these limit and target prices do not need to be strictly followed to successfully trade the SCMV Weekly system. Individual trade gains for SCMV Weekly are generally much higher than the quick, smaller profits generated by the Trade 4 Cash system. A 1% entry or exit price slippage has a much lower impact on a 25% trade than on a 3% trade. Purchasing a stock slightly above the Buy Limit Price, and selling slightly below the Sell Target price is usually not a concern. Likewise, commission fees have a much lower impact on overall performance with SCMV Weekly. Overall, SCMV Weekly is one of the simplest systems offered at Trade 4 Cash Pro.
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