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Fletcher the incredible trading dog, pianist, guitarist, fishing-dog and singer.

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Fletcher demonstrates fishing, singing, piano and guitar playing -- Turn up volume to hear singing

 

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Can a border collie really trade the stock market?

How about if he was trained by Roger Medcalf?

Let us find out. Training starts with an introduction to Elliot wave theory.
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fletcher1

After breezing though Elliot wave theory Fletcher familiarizes himself with the use of a mouse.

Fletcher and a mouse

Reading the charts, he spots an Elliot wave impulse wave 5 pattern is forming.

Getting excited and ready to trade, he is positive the pattern is valid and the price will fall.

Fletcher trading


One bark means ready to trade...then one bark for buy, two barks for sell....RUFF, RUFF!

He wants to sell short...


How many contracts? RUFF, RUFF, RUFF, RUFF, RUFF! .....5 contracts?

....its a big trade for his first attempt, but he seems so sure about it

SELL SHORT 5 contracts at 6210.5, all agreed? RUFF! ....( Yes! )

Roger

Oh dear, the FT-SE is now at 6247.5, he is losing £1850 already.....



Fletcher trading FTSE 100
 
Verdict...Elliot wave theory doesn't work, apart from a nice way to wave goodbye to your money...

Roger
 
Fletcher passed away September 2019 aged 13 years and 4 months. RIP my old friend.

Some old pages of minor interest

The water cooled Yamaha FS-1E with home made engine

The old system performance page
 

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Some amazing trading stories can be found here.


Some interesting philosophical quotes can be found here.


Trading IQ Game with PTS products as prizes


Risk management in the sense of protection from market crashes with guidelines on stops to enter shorts.


Optimal trade size for maximum gains


Beginners and intermediate traders guide tutorial in six parts with examples and diagrams

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The help and advice of customers is valuable to me. Have a suggestion? Send it in!

The contact page here has my email address and you can search the site

 

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About

Precision Trading Systems was founded in 2006 providing high quality indicators and trading systems for a wide range of markets and levels of experience.

Supporting NinjaTrader, Tradestation. MultiCharts, TradingView, MetaTrader 4 and MetaTrader 5

 

 

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Admin notes
Page modernized on October 19th 2023 to replace old page from 2010   -  New responsive page GA4 added canonical this. 5/5 html sm links added - responsive- 32 degrees outside today