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