Hubert Senters here.
So far we have talked about the importance of gaining an edge by using program trading. We’ve talked about the two assembles on Trade Station or thinkorswim.
And then if you’re not one of those customers just do a little work. Google the platform you’re on or call your broker, your data package and tell them the data that you need.
So the third thing that we’re going to do here is we’re going to go over to a website called program trading research. If you can’t find this. It’s very simple. Use this thing. It’s very revolutionary. It’s called Google.
Just go program trading and then you can scroll down here and you can it’s programtrading.com Click on Today’s Secret Buy Sell Levels. So then what we’re going to do from there is we’re going to do from there is we’re going to go to programtrading.com and then you can click right here BuySell.
I’ve got a hyperlink that just goes to here so I can get the number everyday. If you don’t just go right here to BuySell it will take you to this page.
What you’re going to do is you’re going to go down here. The price level may change during the day. Our computers are set for program buying minus $6 and set for program selling at minus $9. You’re going to write down minus $6 and minus $9.
Before I tell you walk you through how I do it. The reason you want to do this is there’s a bank of computers. A lot of people use different algorithms but they’re going to buy a basket of stocks. All in the S&P 500 stocks or they’ll just buy S&P 500 in the futures.
When they do that it will usually pop a little bit or if they sell it will usually selloff a little bit so that’s why we’re doing this. Now, it’s a quick decision. You don’t get 10 or 15 minutes to decide if you want to do this.
As soon as you see the program buy or the program sell you’re going to do it so you’re going to update this number every morning before the market opens. Market opens at 9:30 so I recommend having on there for about 9:15 or 9:20 10 minutes before the market starts and I’ll show you how to do that next so you’re going to go over here.
If you want to contact HL Camp I’ll talk to them probably four five times on the telephone. They’re good crew. I like the guy. He puts on seminars and stuff on how to do this. But this is howy you use that information.
A program buy is going to be minus $6 and a program sell is going to be a minus $9. It changes every single day. On the next video we’re going to add the lines two or chart and they’re going to title together.
Good luck. Hope it helps. See you on the next video.
Hubert.
