Stock Market Slump

Well not quite but not far off either. The thing is if you look at this first chart beneath that Vince’s system has given, you can see that a sell signal was confirmed before the current drop in prices. It’s almost spooky how accurate the signal can be.

FTSE August 2015

FTSE fall 2015 aug

You can see that a sell signal was given on the FTSE around 22/06/15 [the first arrow] and then the price drop [second arrow]

However, these signals can be used as good news on a few fronts. Firstly because you are being informed that the markets are weakening, secondly that you have or should be taking on a few short trades and thirdly that your current long positions may fall and you can take prior action.

The down side is that obviously you have no idea how much prices are going to fall.

Of course it is disheartening to see profits lost, but that is trading, always has been and I’m sure always will be. Stock prices don’t go up in a straight line.

So what do you do?

How you act on the information the charts give is entirely down to you… You can close everything, sell half of everything, wait for the crossovers, do nothing, go short everything… Ask a friend, ask a forum and on and on.

But the soundest advice I have heard and will relay to you is, “don’t panic”!

Think about my portfolio for a minute; you have to take into account that many shares or positions that I have been long on were way up in profits, in some cases 20-30% +.

Yes now they may be at 10-20% profit but it’s still a profit.

Others I lost on but had some insurance in place [short positions]

Overall this year I’m still up and well in profit. Yes I’m gutted that I have had to take some hits, they will always hurt, but on you go if you want to continue to make money trading.

I feel sorry for people that lose money, even though that’s the name of the game [you win some you lose some] but I feel even sorrier for the traders that are trying to work things out for themselves. They’ve got hell of a job of analysis on their hands.

And then I feel even sorrier for those that are following advice from someone who probably isn’t even a trader themselves!

For the newbie trader, this is all BS; it’s the evidence needed to confirm their assumptions that this is a mugs game and many will go away thinking that you can’t make money trading.

But that’s a fools approach. This isn’t a crash and many positions will recover. Plus if you follow sound advice from people that genuinely want you to make money and actually know how to make it for their portfolios, you’ll more than survive, you’ll profit.

It’s how you look at the big picture

Out of any market correction, adversity, crash or whatever global bust you want to call it, one thing is for sure… There’s opportunity to be had. It boils down to how you look at it all.

If you try trading the sports or horse racing, these crashes can happen a few times a day yet the good traders still profit.

Trading racing markets is like cramming a trading year into a day. But know one batters an eyelid at those losses. Because it’s so quick is the main reason.

If you have a crash in the racing markets, 10 minutes later you could be in a bull market [a winning trade], then a crash on the next race and then bull market after bull market then another crash. But at the end of play you’ll be in profit.

It’s just the time frame involved in trading that seems to magnify or contract the trader’s emotional balance.

Long term trend traders make steady gains with the odd windfall. Occasionally they take a larger loss and then normality resumes.

Follow the signals

As I said at the beginning of this post, the signals given by the Vince Stanzione system are pretty accurate. Not 100% of course, but certainly capable of consistently giving you an edge.

Here’s another of my recent short trades; This is on the DJI; again you can see the signal was given weeks before the slump. Overall these short trades have helped balance things out nicely.

DJI August 2015

DJI fall aug 2015

Why do Millionaires keep selling their systems?

Why does Vince Stanzione sell his System?

Vince2-OptimizedAs you know, I have been trading using the Vince Stanzione Course for some years now. Of course not every trade is a winner, but I make some fantastic profits overall.

Some of my biggest gains have come from Vince’s recommendations via his private members club and from his seminars. My decision to invest in these add-ons are probably some of the smartest investments I’ve ever made.

Seriously… I have lost count of the total points profits I make each year from this advice from Vince.

Despite all the solid evidence that hundreds, probably thousands of people can testify that Vince Stanzione is the genuine article. I often hear this quote when it comes down to peoples assumption of system sellers. “If they were that rich why are they selling a system”?

I suppose it’s understandable to a certain degree. So many people have been had over by dodgy horse racing and casino systems that the raised eyebrow appears at the mere mention of the word [system]

So, why does Vince Stanzione need to sell his financial trading system? Err, well he doesn’t need to at all from a financial perspective. But he does need to from a professional stand point.

Over the years, Vince has created a big name for himself as a financial trader. He has created a brand. His brand; There’s workbooks, seminars, NYT bestsellers, websites, members only websites, articles, newspaper reports and on and on it goes.

As rich as any man or woman becomes, if you have created a brand you can’t just lay down and say that’s it now, I’m not doing this anymore. I mean you could but that’s going to go down like a pork scratching at a kibbutz.

That’s why Tony Robbins keeps selling his books and seminars. Just like Paul McKenna does, Robbie Burns the naked trader, millionaire_house_play_lottostar_optRobert Kiyosaki the “Rich Dad poor Dad” author, Warren Buffett and the thousands of other Millionaires and Billionaires that just keep producing more products and services.

Are any of the names mentioned above scam artists? Not to my knowledge. Do any of them need more money? I doubt it, but they’re still marketing their respective brands.

Our very own home grown and the world’s most famous Hypnotist Paul McKenna is probably not short of a bit of cash. He writes a new book that sells a few million copies for what reason? To help others goes without saying, but also for profit and to keep his brand alive and kicking. And I bet you any money, to sell more seminar tickets.

Of course Vince profits from all his business activities; but what idiot doesn’t want to make a profit? “I’m going to lose a truck load of money today” the millionaire never ever said.

So instead of constant suspicion of the rich and successful try a little optimism. And give them some credit for a change. You might be surprised how it pays off in the future.