Morley Has Moved

There's this guy who's an idol of mine. I've never met him, and we've only exchanged cursory emails. He has an automated-trading bot running and producing very, very good results.

Anyway, his link changed to:
www.futurestech.com.au

While he doesn't give his techniques away, there is a lot of information to be gleaned from his website.

For starters, he's profitable. His software runs without human interaction of any kind. That means automated trading software based on technical analysis can work.

If ever you read a comment somewhere to the contrary, he is the proof that it's possible.

Secondly, he has about 11 different trading systems running. Not 1 or 2. Most likely they take advantage of different aspects of the market. Most likely some work well during trading ranges, and others work well in a trending market.

Each of those 11 must be individually profitable, and he dumps those that consistently don't perform.

Thirdly, he gives away for free a bunch of detail about the stuff that's ancillary to buying and selling rules. That's his Thoughts page.

Most importantly, please read the Trade Size section of that page. He gives a very simple and mechanical way to feed the winners and starve the losers.

Now to just unravel the secrets of the techniques he uses... :-)