Get these three FREE stock investing reports and discover a Stock Trading Course that can make you rich in 2010. Get the Ultimate Swing Trading Software FREE. If you can read an email, you can print cash with these Strignano’s Forex Signals and learn how to trade like pros from Tom Strignano-an EX CHIEF BANK TRADER. One new member made a cool $15,000 in just under 24 hours. This is what Matt says; Hey you may remember me telling you about YRCW this week if you have been on my list for a few days…. I think this one is doomed to go sideways for a while, and it hit my stop today at .95, so I’m looking for other stocks to play for next week. Not sure when I will alert you to a new stock pick, to be honest I am really focusing on my new “Penny Pump Finder” strategy, lovingly referred to as PPF.
I have alerted paid members of MM to couple PPF stocks this week, I didn’t want to “officially” rec any of them, due to liquidity issues…but some members have emailed me about some quick profits they made by jumping in and out of these stocks.
I only send PPF alerts out to paid members, but I will be on the hunt for a stock that will make you money next week for a fairly quick swing trade. Anyways, not really a whole lot to this email, not a sales pitch…just wanted to let you know that I haven’t forgotten about you and I will be getting with you next week… See ya…btw no trading Monday…MLK day.
Shout-out to all of you from WSW, hope to provide you with a complimentary service of
Mike’s….so you can make money from 2 newsletters instead of just 1:
This is what Big A, a former Hedge Fund Manager says: My office had 2-3 emails claiming that our closing down for all new students last Sunday night was not true. They claimed I was a “huckster” and that they could really join my one year mentorship program at any time. My answer is go ahead and try to join on my website, you can’t. Even if you call my office manager Patrick Deaton at 800-743-0385 and beg to join we won’t let
you in.Why?
Because we care about training our new students more than we do a sale. Also because I am a true trader, not a “huckster” or marketer. Yes of course I have an “marketer” that works for me and does different ads and media buys.
When I brought him and his webmaster on I told them specifically I did not want ANY HYPE and I will always write all my own words. You would be surprised how many “traders” don’t even write their own articles or homepages. You see I don’t need hype when I have the truth.
The truth is my system is not a get rich quick.
The truth is you will have losing trades.
The truth is slow and steady wins the race in for long term results in trading.
The truth is my system only takes 10 minutes per night after you learn it.
The truth is you can’t join my program now.
The truth is down the road in 1-2 months after I get all the new students trained there is a good chance I will re-open for new students (assuming I don’t get slippage on my personal trading account).
The truth is I will trade LIVE with you for one full year. The rest of the universal trading and investment truths can be read on my homepage and free articles or watched on my free videos. Even if you never join my one year mentorship program you should read them to save yourself some pain from the real “hucksters” running infomercials and spamming you with 50% per month trading hype. Or the biggest hucksters of all; financial advisors who made 1-2% off you while losing 30-50% of your money in 2008. Helping you retire on time!
Meet the High Velocity Market Master and get your FREE copy of the Ultimate Day Trading System that can trade stocks,forex and futures. If you are interested in a 4-5 figure monthly income part time then take a look at the Forex Income Engine course. It comes with 60 days money back guarantee. Learn ETF Trend Trading! This is what Big A, a former Hedge Fund Manager says: As we approach the New Year I’m getting a lot of e-mails basically asking some variation of this question: “Big A, how can I make 2010 the year I blow the lid off my trading revenue and finally create the lifestyle I want?” This is the exact question you *should* be asking yourself right
now. While everyone else will wait until January or February to get themselves focused, you can be setting yourself up NOW to make huge financial leaps in 2010.
But the question is how to make that happen?
***** FREE 15-Minute Training Video *****
So here’s what I lined up for you guys. I happen to personally know one of the TOP productivity and results experts in the world. Jeff teaches people like you and me how to develop the Productivity and Focus habits used by the TOP entrepreneurs in every field – I’m talking about people like Richard Branson, Bill Gates and Donald Trump. Every single one of these entrepreneurs operate with a specific set of simple yet powerful Productivity and Focus habits to achieve MASSIVE results for themselves and their businesses.
This week I’ve arranged for YOU to learn and apply these same *exact* techniques to your trading business.That starts today with a Free 15-Minute Training video Jeff recorded for all of you called: “What 6-7 Figure Traders Know That You Don’t”. This video reveals the secret system used by the TOP traders in the world to achieve laser-like Focus *at will* – and therefore results that DWARF what most people ever achieve. Wait until you see this. You may be wondering how Jeff knows that all the entrepreneurs named above actually use this secret system? Simple. They’ve all shared pieces of it in their hundreds and hundreds of public interviews. Most people simply aren’t willing to do the kind of research Jeff has done. As you’ll see, Jeff has taken it upon himself to study what the TOP entrepreneurs in the world do to achieve massive success – that’s what this Free Training Video is all about.
It’s rare that I come to you like this, but I’ve had a revelation after a recent email I received. You and I both know there are plenty of good trading courses out there, but in these economic times, they’re a bit pricey. So why are we paying thousands for our education when we don’t have to? Well, here’s the answer to my revelation that should satisfy all. It’s called INO TV and I have an “on the house” preview just for my members…
INO TV gives you access to educational seminars streaming live just for traders. This on the house preview includes John Murphy, Jack Schwager, and Ron Ianieri! I recommend you tune in to watch these 4 seminars today. Remember, they’re on me! Enjoy, while I keep looking around for more good values for you, the trader.
Can you seriously pass this opportunity up?
I will give you a great technical trading system that works in ALL markets, not just ETFs, but more importantly I will teach you how to stay disciplined to follow the signals, how to be fearful when others are greedy and how to be greedy when others are fearful, how to milk the trend for almost all it is worth, and how to have minimal trades and risk when the market is not trending.
For example: There will be lots of days where we won’t be in the market. That is ok, if it’s not a system trade it’s not a trade. The day you start trading outside of the system because you are bored or “need the action” is the day you start losing. Not trading is a trading decision.
On the other hand there is under trading, not taking the trade when the signal tells you to. If that is the case why even learn my system? If you are that scared do a demo account a few more months.
You can paper trade for as long as you want. In fact that is what I recommend to all my new students. Don’t risk a dime until you see that my system works. Once you see that, trading discipline becomes easy.
There is a big difference between working and playing. In work you sacrifice your time. Don’t come to trading with “work attitude”. Come with the right attitude. The big pay days are easy and it will feel like play.
At some point you will get a string of winners, do not become overconfident.
At some point you will get a string of losers, do not get depressed.
At some point you will get no new trades, do not get bored.
Overconfidence, boredom and depression are all killers of good traders. If you know upfront this will happen at some point in time you will be better prepared for when it does happen.
These tips are just the tip of the iceberg compared to what is in my course, weekly webinars and member’s area. I am a trading veteran. If you will learn from me I will rub off on you.
Some testimonials (also found on the ETF Trend Trading Home Page).
• “I think the fact that I will be able to make trades in the evening for the next day and go on with my every day life with my wife and kids and still make money instead of sitting in front of a computer is worth its weight in gold.”
Richard L. – Commercial Airline Pilot
• “The system works hands down. This is the best system out there because it has definite entry points, exit points and profit levels. It greatly helps remove the emotion from trading.”
Mark K. – Programmer
• “As an Financial advisor, I would say that this system is far superior to “buy-and-hold,” and “asset allocation,” because it takes all of the guesswork out of the process.”
Michael V. – Financial Advisor
• “You can finally learn to trade with rationality, confidence and safety and tell your over-priced stock broker that you can trade better than him and say good-bye to him.”
John C. – Family Doctor
learn more about ETF Trend Trading or ETF Trend Trading Course
Jason Goode
Grab expert experiences for managed forex trading – this is your personal knowledge base.
Most traders have had the painful experience of setting their stops only to have the price retrace to their stop before continuing in the trend. Although some traders swear that other traders are “running the stops,” actually what happened is the trader placed the stop too tight.
You must remember that stops are there for one simple reason; to preserve your capital in case the market goes against you. If you are placing your stops too close, chances are you are consistently being stopped out and not consistently taking money out of the market. For example, a tight stop would have taken you out multiple times within the three separate trends. However, with the ETF Trend Trading stops, Channel Exits and Swing Trailing Stop Strategies; most of the time you actually stay in the trend, enabling you to take your profits near the end of the trend.
By allowing your stops to breathe with the market, you stay in your trade longer, thereby profiting from the bigger moves. Because we combine technical stops with a percentage risk stop it does not matter if some of the stops are larger to give it more breathing room because it’s still the same percentage risk.
I also teach a threshold level where the trade is not to be taken because the stop would be too far away. The great thing is that when the stop is tight we get to load up on the number of shares with still only risking the same amount.
For example if I was to sell the SPY at $100.00 and the technical stop in this case was tight at only $101.00 I would only be risking $1 per share. If I had a $20,000 account and wanted to risk only 1% that would be a total risk of $200. So I divided 200 by $1 RPS (risk per share) = 200 shares. So if price drops to a target of $95.00 I would make $5 per share times 200 = $1,000. That is a 5% rate of return while risking only 1%.
On the other end if my technical stop had to be $110.00 I would be risking $10 per share (past the threshold of too high) and still be risking 1%. I would only be able to sell 20 shares ($200 divided by $10). So if I exited at the same target of $95.00 I would still make $5 per share, but only times it by 20 shares = $100, a 0.5% rate of return for the same risk of 1%. This is a bad risk reward ratio and why this trade would not be taken in the first place.
That is why if the RPS (risk per share) is too high we don’t take the trade. I share that threshold with my members (clue; it has to do with the risk vs. reward ratio). That is why many times on my free daily videos I say “we were able to load up on the shares in this trade because the RPS was so low!” Those are my favorite trades.
Yes we still get stopped out from time to time, but a lot fewer times than traders who are scared and place their stops way too tight.
The other end of the spectrum which many average investors are doing right now with their mutual funds is to trade with no stops at all. This is the dumbest investment strategy around. Only financial advisors who only care about their management fee recommend this strategy. I call it the buy, hold and pray method.
The sad thing is that many average investors have fallen for it. Yes the market might turn around, but you’ve got to admit, it also might not! If your mutual funds are down 20-30% how much more can you take? The financial advisors are hiding the fact from you that you can learn to trade for yourself and do it better than them with proper training.
There is an easy way to become a superior trader or investor “working” only 5-10 minutes per night. I am a former fund manager and used to trade 50 million plus at a time. After leaving the money management business and trading only for myself, I got disgusted with the pathetic trading strategies are being pushed on the internet.
Most of them have no idea how to place proper technical stops let alone how to combine it with a low risk percentage stop. Most of them have purely discretionary systems leaving you open to a gambit of contradictory trading decisions. To succeed long term you need to use technical stops combined with a max percentage loss stop.
Most of them DO NOT trade in the live market like I do every night setting up my EXACT trade entries and sharing them with my advanced members the day before the market opens. Lastly most of them require a whole lot more than 5-10 minutes per night.
Cheaper does not cost less. Even if you never buy my course, please don’t waste your time and money on some cheap $99 or $499 course. You always get what you pay for. If it sounds too good to be true, guess what, it’s not true.
Yes you will have losing trades in my system.
Yes we don’t make as much in flat or sideways markets.
Yes you can’t have dangerous 100 to 1 leverage trading ETFs.
Yes as your coach I will hammer you if you go outside the risk controls my system has in place.
Yes I have two weekly live webinars where I will hold your hand until you learn the system.
Yes we make a killing when the market is trending. Yes you can day trade my system if you want.
Yes my system works on any time frame.
Yes my system works on ANYTHING that produces a chart.
Yes you will be learning from a real trader instead of an infomercial marketing genius or an incompetent salesman financial advisor. Why am I so harsh? It’s because we are talking about your retirement and life.
This is not to be taken lightly with a pat on the back and an “it will be ok” attitude.
Yes I have a no questions asked 90 day money back guarantee according to the terms on my homepage.
Yes my system can be learned by people with no trading experience.
Yes you can trade using the Quote Tracker free charts and have no other out of pocket expenses.
Learn more about ETF Trend Trading or ETF Trend Trading Course
Jason Goode
Access crucial tips about forex managed account – this is your personal knowledge pack.
Every trader/investor must guard himself against draw downs, which refer to the percentage drop in his account size after one losing trade or consecutive losing trades.
For example, imagine that after losing a few trades in a row, your $20,000 account is reduced to $12,000; that would be a drawdown of 8,000/20,000 = 40%.
If I were to ask some new traders, “In order to be back up to $20,000, what percentage return do you need to generate?”
Many would answer, “Since I lost 40%, I have to make back 40%!”
This couldn’t be more wrong! Note that after losing 40%, the trader now starts with a lower base, i.e. to undo the $8,000 loss, the return he needs to generate is 8,000/12,000 = 66.6%!
The more severe the drawdown, the harder it becomes to undo the damage, as shown in the numbers below.
Drawdown%……%Required to get back to break even
10%……………….11.1%
20%……………….25%
30%……………….42.8%
40%……………….66.6%
50%……………….100%
60%……………….150%
70%……………….233.3%
80%……………….400%
90%……………….900%
That is why all professional money managers only risk 1-2% per trade. It’s because no matter how good your trading system is at some point it is a statistical fact you will have 10 losers in a row.
Based on risking only 1-2% per trade this is only a 10-20% drawdown and easily recovered. 99% of the hype trading and investing courses in existence don’t say or do this. They say risk 5-10% per trade. It is wrong and will cause you serious financial pain if you follow their advice.
Many of them also use arbitrary stop loss advice. For example they say, “Place your stop at $100.10 because that is on the other side of a major support or resistance, trend line, MA, etc.”
This makes your risk based on the size of the stop. That is also wrong because the risk can be too large and it’s not the same risk on each trade.
Others reverse this and say risk only 2% total period and let that determine your stop. This is also wrong and will hurt you because it is important to have the correct technical stop.
The answer is to do both. Use a % and technical stop together. It works like this. Let’s say the technical stop is $100.10, but based on your entry price that is a 3% risk. Since your plan calls for a 2% risk you simply lower the number of shares you are trading.
This lets you stay within your 2% risk and have the correct technical stop. This is exactly what most professional money managers do. I know because I used to trade 50 million at a time and risk controls with correct technical stops is the number one priority.
Some say that this will lower their profits because of trading fewer shares. So what? Study the numbers above again. You know the old quote, “More risk equals more reward.” Well it’s not always true. Sometimes more risk equals more risk! If you lose your money you have no chance to make a profit. Even losing 50% is disastrous because you would then need to make 100% to get back to even.
Like Warren Buffet says, there are only two rules in investing.
Rule #1: Don’t lose money.
Rule #2: Don’t forget rule #1.
I’d like to add a third rule. Correct money management and position sizing must be mastered to insure your long term success.
The good news is that it is easy to have correct money management and position sizing. I just explained how to use a combo of a % stop and a technical stop.
Your system of entries, stops and profit taking is only half of your key to success. The other half is money management. If you get this part wrong you will lose your account every time regardless of how good your system is.
Learn more about ETF Trend Trading or ETF Trend Trading Course
Jason Goode
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