| When first activated, Marl will use its own | | | | While monitoring hundreds of stocks in the |
| database to perform a scan of stocks trading | | | | watch list... Marl may notice that a stock |
| on the OTC and Pink sheet exchanges. During | | | | has been hitting resistance at $0.50 all week |
| this time Marl is looking for companies whom | | | | (not being able to rise above 50 cents a |
| are forming bullish trading patterns.(stocks | | | | share). And if the stock breaks that level |
| about to increase) | | | | (meaning there is a good chance it will |
| | | | "breakout" and run much higher) the bot will |
| Carl helped Michael program the bot to | | | | start analyzing the stock in more detail... |
| identify (in split second timing) distinct | | | | looking at its longer term weekly trading |
| trading patterns from a vast range of 6578, | | | | pattern and applying its vast range of |
| held in Marl's internal database. | | | | criteria. |
| | | | |
| If Marl identifies a clean, uncongested chart | | | | Any stocks that reach this stage have been |
| pattern, that is proven to yield a good risk | | | | under close scrutiny and passed a variety of |
| reward - Then the stock will be added to | | | | complex tests. Marl will then analyze the |
| Marl's "Watch List". All of these "watched | | | | charts looking for the best entry point (to |
| stocks" will be forming bullish patterns | | | | buy the stock at) with the lowest risk to |
| (indicating the stock is about to rise). | | | | potential reward. |
| | | | |
| This watch list has two distinct advantages. | | | | The average professional stock trader can |
| The first and most obvious is that Marl can | | | | analyze one stock chart around every 8-10 |
| easily monitor hundreds of stocks at the same | | | | seconds... when looking for an opportunity. |
| time. The second is that Marl is programmed | | | | On the other hand Marl can analyze 7 charts |
| on an "evolutionary framework". What this | | | | every second. |
| means, is that as Marl is watching hundreds | | | | |
| of stock patterns it actually learns the most | | | | Why Does That Matter? |
| likely direction of stock prices under | | | | |
| thousands of situations. | | | | It means that Marl can be extremely |
| | | | selective, waiting until all the correct |
| Because of this. The longer Marl is allowed | | | | criteria line up until a trade recommendation |
| to run on a computer... | | | | is made. |
| | | | |
| The More Advanced He Becomes! | | | | Often Marl will disregard profitable |
| | | | trades... In favour of a potentially more |
| What's more by scrutinising the miniscule | | | | profitable trade occurring at the same time. |
| movements in price of hundreds of stocks... | | | | |
| Marl becomes familiar... even intimate... | | | | After creating Marl to version 1.0... The two |
| With each individual stock. | | | | input a trading capital of $1000 and set it |
| | | | running. Marl spent 13 hours analysing over |
| Developing what professional traders call a | | | | 6,000 small capitalisation firms. After those |
| "sixth sense". A sort of "feel" for how the | | | | 13 hours Marl made his first ever stock |
| stock will behave in any given situation. | | | | recommendation... |
| | | | |