EPS ANNOUNCEMENT TRADING PLAN

Don't get me wrong. I love my current trading plan, but it is tough to sit on the sidelines and wait for some stocks to make a move. Take, for example, OMCL. I have been waiting for 4 weeks for this stock to make a move.

So I have tried a scenario and I am going to use code for myself. Why?? Well, what if I want to make it a proprietary system and open up a hedge fund to trade it this way? I don't want anyone else knowing how I do it, but I will at least give you the results and show my trading progress.

Here are my rules:

5 min chart. Last 15 mins price and volume.

Buy if up
Short if down

Here are some stocks that I have traded and the result:

MENT
Bought 8/23 @ $12.50
Sold 8/28 @ $14.0325
Profit = $1.5325/share
Percent gain/loss = 10.9%

GEF
Bought 8/29 @ $58.80
Sold 8/31 @ $57.85
Profit = ($0.95/share)
Percent gain/loss = (1.6%)

OVTI
Bought 8/30 @ $19.88
Sold 8/31 @ $20.7825
Profit = $0.9025/share
Percent gain/loss = 4.5%