A day trading system

 

A Day Trading System

There are hundreds of money making opportunities online to take your pick from. From blogging courses to horse racing systems and Amazon seller programs to spread betting systems. Also many day trading systems.

As we all know, some of these opportunities are total winners… others not so.

Here’s the funny thing though. When it comes to a financial trading systems how can you possibly buy a losing one?

If you were doing exactly as the system rules advised and over a reasonable time frame of use or testing it was losing you money, you could just do the opposite of the rules to make money.

Although this approach probably won’t work with longer term trend trading as they are proven and less random due to the time frame.

It is quite possible though that the idea has got potential with many of these crappy forex systems that are floating around online… or maybe not so crappy after all?

When I spoke to the author of the little acorns horse racing system, he made a very valid and intelligent point. If you tried backing the selections that his system Little Acorns produced, you’d be unable to make a long term profit.

So it gave me the idea that doing the opposite of what a losing system is suggesting could turn the same system into a profitable one.

 

So why won’t this strategy work with long term trend trading?

Well it might, but as mentioned, because of the long term nature of the trades. The whole idea of longer term trend trading is to smooth out volatility and reduce trading the shorter term and far more unpredictable price movements. Also it’s likely to be too tricky to realistically test.

These long term trades can last for 2,4,10 years and more. So when do you decide that the system is not profitable? After 1 year, 3, 10?

It’s just far too complicated and time consuming to consider. Also I think there will be too many variables to make it a viable option. It’s confusing me trying to think about it!

 

A Day Trading System

But… if you were day trading, turning a losing spread betting system into a winning one might just work, and work well with a decent staking plan.

I think you could achieve some great results over various trading time frames, 2 minutes, 5 minutes, 15. Or maybe even a single day trade on binary using higher or lower.

 

A strategy that is worth testing

I really fail to see how some of these day traders really have any edge when trading the markets in such a small time frame like 1 or 2 minutes. More to the point, are the movements that day traders are trying to trade in these minute windows even systematic at all? Are the movements likely to more random?

If the price movements in these minute time frames can be considered random then could you randomly pick winning trades?

The theory is there. So you could test it like this…

Let’s say that you take note of 8 minutes of price movements. At each minute interval you make a note of whether the price was higher or lower than the last price. So you will have something looking like this. H H H L H L H L [H = higher L = Lower]

From there you could then test how often that exact sequence of higher and lower repeats itself exactly and immediately in the next 8 minutes?

So you may generate something that looks like this

HLHLLLHH

LHLHHLLH

HHLHHHHH

And so on…

The System rules may operate something like this.

Record 8 minutes of price movements every minute.

H H H L H L H L

On the ninth minute you place a bet of one point using binary at minimum odds of evens that the market will be higher.

You’ll be placing the bets using the Fibonacci sequence for 8 bets.

If the first bet is lower and you lose you then place 2 points on your next selection that the price will be higher. If that loses your next bet will be 3 points that the price will be higher… and so on. You stop at a winner or after a maximum of 8 losing bets.

Winning system

It’s like random v random

If you didn’t manage to make a profit after a few months of testing you could then try it the opposite way round. So instead of copying the last 8 results you simply do the opposite. L L L H L H L H

Once you hit a winner you record another 8 minutes of price action and repeat.

One trade a day system.

You could test this out by recording the price of the DOW or FTSE as an example for eight days and then place the same or the opposite bets and monitor results.

It’s all about the odds though

As long as the odds are in your favor you could make a profit. You are just trying to make a point every sequence.

 

It’s pretty simple really. 

You could test this type of strategy out on anything you fancied really; football over 2.5 goals, racing favorite’s winning sequence, or even live black jack.

It is some good food for thought if you are considering day trading or even developing your own system.

So just to recap, you do the opposite of what losing systems tell you to do.

Maybe there is some smart trader/programmer that could design something that could test the theory?

Anyway… test, test, test. It’s not going to cost you anything other than a few minutes of your time every day.

Fear of failure and losing as a trader

Fear of failure

Fear is a big deal. It can save our lives when we need it most, but also it affects us negatively in situations where it needn’t.

Fear of failure is a pandemic. It ruins the hopes and dreams of so many. It sounds crazy… but is certainly very real to many might have been successful traders and entrepreneurs.

When trading the markets, fear of losing can send a trader of sound mind barmy. When a mild mannered man or woman becomes obsessed with their losing positions it’s often the begging of the end for them.

Sound game plan goes out the window faster than a Tottenham team losing at Chelsea again.

Fear of failure and losing as a trader

The fear of losing is often so great that a trader will close a trade for no other reason other than fear. Their system’s signals or strategies ignored and often only to see the position return to profit sooner rather than later.

This fear fuelled lack of discipline is so intense that any financial loss incurred is accepted almost gracefully rather than stand the pain any longer.

From my experience, if more time was spent on conditioning beginner traders emotionally there’d be far greater numbers of people investing safely and profitably in the financial markets.

Conditioning your mind for financial trading success

Just like a runner will condition their body to accomplish a certain distance or time, the same can be done (in essence) for a financial trader.

A trader should learn how to condition their minds to the inevitable losses that will occur in trading. The fear of losing money is likely induced by common mistakes, misconceptions and even the reality that you can’t afford to lose this money. If you can eliminate these mistakes and problems you can eliminate the fear.

If this is done you will be inclined to make better trading decisions which will then in turn increase profits. You will become fearless of the financial markets.

Now we do not want to confuse being fearless with losing respect. We just don’t want to feel the dread of losing more than you can afford to. Or feel the need to kick yourself hard for making irrational decisions because you were afraid.

What is fear?

Fear of failureWe have all felt it at some stage in our lives. The overwhelming panic, the shakes the adrenalin produces, the desire just to run away. Scientists call it fight or flight, yet other scientists disagree.

If you were attacked by a thug for example, this is a real and potentially dangerous situation. Your feeling of fear that you encounter here is correct. You are either going to stand and fight or run. This is fight or flight. You are in fear of being hurt and you recognise danger.

Now, the exact same feelings of fear may be induced by the fear of butterflies (Lepidopterophobia) trying to tell the person with the condition that they are being ridiculous is futile, their fear is real; as real as if they were being attacked by the thug.

The reality is that we know that the person is in no real danger from the butterfly… but they don’t. And this is the same type of fear traders feel when the markets go against them.

Realistically the financial markets are not going to physically hurt you. You are not in any danger. You just think you are.

Fear and emotions almost co-exist here and it is what has led scientists to believe that fear may have evolved into choice.

If we learn to understand that the financial markets are not to be feared and choose not to be fearful of them, and that we simply take or open the right or wrong position, then what is there to fear?

Oh yes loss of money… but that again is not going to cause us any real physical harm.  All that is going on is that somehow since we have been evolving, the fear of being attacked by a wild animal and being attacked by a butterfly has become muddled.

When you feel fear of losing money in the markets remind yourself that this is not dangerous, you are not in danger and physical harm will not be encountered.

Essentially then as there is no real fear, you should be able to overcome this false fear indicator.

When trading the markets and you are feeling fearful it is likely to be because…

  • You can’t afford to lose money
  • Your stakes are too high
  • You do not understand that trading is about winning and losing
  • You think the markets can hurt you
  • You are afraid to fail, fear of failure

All the above are recognizable, but it is Fear of failure that is the real hidden demon here. As a trader, the inability to accept that you are wrong leads many traders on to taking bigger losses. Instead of taking a loss, you are frozen in the stock market headlights praying the markets will turn back round. Fear has paralyzed you. Many traders just don’t even know it.

This hidden fear is basically a fear of failure (atychiphobia), you cannot admit you are wrong, deep down you’re scared to admit it.

Adjusting the errors mentioned above from your trading will certainly help control the fear of loss but there may also be another solution.

How to Overcome Traders Fear of Losing

Meditation benefits

I read an interesting quote on Quora recently that got me thinking.

The root of all problems is the voice you hear in your head or your thinking mind. This voice is also referred to as ego.

The only way to overcome the ego is through meditation. The scientific fact “that all matter is made of energy” has been the base of meditation since time immemorial.

Meditation allows one to experience this energy and become one with it.

Meditation has now been scientifically proven to beat depression. Since this revelation, it is true to say that meditation as a health benefit is now mainstream. So then maybe this guy’s quote on Quora carries some weight on really how to overcome fear? And overcome fear of failure itself.

I’m not going to give you a spirituality lesson here or start to preach anything to you. My point is that meditation could be the trader’s best friend; maybe everyone’s best friend?

I have meditated for some years; I totally vouch for it improving feelings, emotions and overall wellbeing. You can read more about its benefits here. I have found it stills the mind like nothing else and reduces any stresses amazingly.

In my opinion overcoming fear of the things that are really of no danger to us could give one more freedom in life. Fear of starting a business, fear of failure and fear of public speaking… they may all be manageable or even eliminated by meditation.

If you think that understanding fear is not essential to a trader’s success that’s fine, each to their own. But if you can understand my reasoning then surely meditation is worth a try? It may help you in other areas outside of trading too.

Failure is not all bad

Failure does have its place though. If the likes of Einstein or Edison never failed the world today could be an entirely different place today… So in essence failure can also breed success.

 

Sometimes by losing a battle you find a new way to win the war. Donald Trump

 

Best trades for new traders

women traders

Best trades for new traders

It’s a very valid question and one that merits some serious consideration. What are the best trades for new traders to start trading with?

When I first started I remember taking out UK stock trades. These were generally very slow moving but trending stocks. I did this after months of paper trading. I suppose I was and am just a bit cautious by nature.

There is no right or wrong type of trade to choose when starting out, although trading less volatile markets are what beginners should really try to start with in my opinion. Mainly because you will get a chance to evaluate your emotions and will have more time to act or shall I say react accordingly.

Volatile markets are not for the faint hearted. The wins can be big and fast but so can the losses. Remember as a newbie trader that you have the rest of your life to get rich and become a successful trader. So take it easy and don’t act like a monkey in a peanut factory when starting out.

As a general rule, look for steady trends that are above the 200 SMA. Also the lower the actual price of the stock can sometimes lead way to less volatility.

You can use other indicators like Bollinger bands that apparently detect market volatility. But I personally have only ever glanced at this theory as I found trend trading is what suited me.

It’s emotional

A key consideration is how you react to a losing position when beginning trading. It’s simply not all about choosing the right market to trade.

Choosing the correct market to trade is obviously an important decision to the new trader but it’s one that you shouldn’t get to hung up on. After all there are only 3 possible outcomes; the price goes up, down or sideways. You win, lose or draw basically.

Money management

In my opinion the biggest factor that a new trader should be considering is that they are managing stake size correctly and accordingly to the market/s you are attempting to trade.

Split your bank into percentages and use that percentage as an overall liability to the market.

So if you have a £2000 trading bank then your total liability on any single trade should not exceed 10 or 20 % or £100/200 on any one trade. You the just adjust your stake size accordingly.

One MillionHaving a sensible approach to your bank preservation like this will help you make better decisions as a trader, far better decisions than trying to decide what trade you should make that is going to go up, up and away to your first £1,000,000

Another approach to deciding on what to trade first is to trade a few stocks/markets and close out the losers. This will or should eventually become part of your overall trading strategy. So instead of choosing that one sure thing try to choose 3-6 instead.

You can also look to trade some of the more defensive stocks as these can also offer more stability if trending.

As I have mentioned before, 20% of your winning trades will make 80% of your profits. So don’t sweat it losing a few trades when you start out. Even if you only manage a few winners out of your entire decision making, you’ll still profit long term as long as you cut any losses quickly.

So just to recap on what to look for in the markets when starting out and deciding on those first few trades…

  • Choose trending markets
  • Choose less volatile markets
  • Choose more than one market to trade
  • Manage your bank size
  • Manage your stake size
  • Remember 20/80
  • Have an exit strategy

Start slowly and remember that trading is one hell of a marathon not a quick sprint to riches.

 

Little Acorns Profit and loss Update

Little acorns profit

It’s been a month already since I started the Little acorns system using real money. As you can see, I deposited £500 on the 8th February.

The second screenshot shows the months little acorns profit. So this means I made a profit of £21.99 or 6.2 points profit from the 8/2/16 to 8/3/16. I have now added on this month’s profits to my bank and compounded giving me my new stake of £3.65.

In total there were 35 selections.

The good thing about learning to use a system like this is that it gives you the necessary patience to trade the financial markets. If you are someone that feels they need to be doing something everyday, using a system like little acorns should help quench your hunger to do what doesn’t need to be done on the financial markets.

DAQ statement

 

Little acorns profit

Although LA [little acorns] is not trading, it still takes an amount of discipline and courage to implement the system properly.

It also gets you used to staking small and building up gradually.

With financial spread betting there seems to be less control when it comes to the crunch. Traders lose discipline very easily on the financial markets even though they have a rock solid system in black and white in front of them.

Scared to lose

I think this is down to fear and bank size though.

If you have a £5000 spread betting bank to start with but have never been involved with losing money as part of the overall winning process then when you do lose you panic.

I’m going to keep saying this from now on so that you get sick of hearing it but won’t forget it… Start small and compound your profits, over time you will become rich. Forget the lottery approach to becoming wealthy. Yes, we all want to win the euromillions but even if you do you’ll probably lose the lot because you don’t know how to handle the wealth.

Building up your wealth by compounding your profits and looking after your investments is the best way to make it to the top.

7 shocking tips for becoming a winning trader

There are many factors to trading and indeed to the trader that ultimately decide on how or even if a trader will be successful.

It seems ridiculous that some traders trade for entertainment value and that the risk capital for something to do! But there you have it, they have accepted losing from the start.

Others lose because of bad money management. More lose because they do not understand the difference from trading to gambling. Some traders seem gifted with all the traits mentioned. They just can’t make it happen.

The amazing thing is though that losing traders call more than 50% of the trades they enter correctly. In fact currency traders call the Euro correctly 61% And the Dollar 59% of the time yet they go on to lose long term.

In fact, statistics from FXCM claim that after analysing 43 million separate trades that the average profit of 43 pips on each winning trade was set off against an average of 83 pips every losing trade.

In short, even though traders are winning more often than they lose, they lose more points or ticks than they let themselves win.

what losing traders do

Cut your losses and let your profits run…

As you have probably gathered, although traders can win more trades than they lose on average, they are cutting their profits short and letting their losses run.

They have a key principle of trading back to front.

By trying to preserve their profits they have made, the average trader takes the profit to soon.

On the contrary, unable to take a loss they hold their position to long in the hope that they won’t lose so much.

So why not just hold a position that is winning and hope that it wins more?  Or close a position that is losing so it doesn’t lose anymore?

It sounds simple but it goes way beyond simply saying do it, don’t do it.

Pain from losing

The pain of losing out weighs the pleasure of winning. The hope that your losing trade becomes a winning trade is the flaw in most people’s arsenal when it comes down to trading.

I have often tried to think of ways to help traders get over this mentality. Although I believe that it is so ingrained in some that no advice will help these traders become successful, these quick tips may help others.

7 shocking tips for becoming a winning trader

If in doubt don’t bloody do it

If you are not sure that your trade will win don’t open the position. If you are sure and you are wrong that’s OK. The markets are not playing a game with you… They do not have emotions [essentially]. The prices of the markets are moved by people’s emotions. Stack the odds in your favour and think long term.

Start Small:

In my previous post I mentioned the power of starting small. If you learn how to make small consistent gains over time, it will prepare you better [emotionally] for the long haul.  It’s OK to be a small one… The markets don’t care about ego.

Bank Size

If your bank size is too large to start with you’ll find it much harder to take a loss. This will ultimately lead you to taking a bigger loss. This is because you don’t want to lose and can’t accept losing. Hoping and praying for a trade to turn round is BS. Financial trading just doesn’t work that way. You will never win them all.

Open a trade the other way, hedging, offsetting.

This works for some. If you are in a losing position open a trade in the opposite direction.  This will counter any further losses but at some stage you will have to close one of the trades.

Open a position both ways

This can also help master the art of closing a trade. If you open a trade both long and short and then close out the one that is losing. You then let your profits run.

Moving your stops

This is a great strategy for locking in profit. Trailing your stop up behind your positions can often lead you into a no loss situation.

And finally…

CUT YOUR  ******* LOSSES QUICK AND LET YOUR ******* PROFITS RUN!!!

 

Little Acorns Review

My Complete Little Acorns Review

Right, so after 2 months doing the Little acorns review from the beginning of December 2015 the results are in.

Now before I go on, this is a totally different type of system to that of which I normally recommend. Firstly because it is Lay betting on horses, secondly it is not a trading or arbitrage system and thirdly because it is a long term sports betting system.bet

I was very dubious about the results as the author claimed as did other reviewers that it had had only 2 losing months out of 44. That statistic I found incredible for a horse racing system.

So for almost 4 years, every month apart from the couple I mentioned has been a winner.

That’s some seriously reliable system.

So after my 2 month test, I can highly recommend the Little Acorns Racing System. [the website is a little dated but don’t let that put you off, the system is brilliant]

Now you are probably wondering why I even bothered to test it out if there were already 4 years of results? Well if I’m going to recommend something to you I want to make sure it really does work, but also I wanted to give you a full low down on why I liked it and also how it all works.

Little Acorns Review

The reasons I liked the Little Acorns system are numerous. But firstly I have to say that it is just so… simple to use.

All I did was to check the racing card prices on betfair for the selections that meet the criteria and recorded the bets.

Obviously I will now be using real money so that will take an additional seconds/minutes to place but it is a very quick and simple system to use.

The liability is very low with the average lay price of the selections being 1.75. This in itself made me see the possibilities with the system but also made me feel comfortable that the odds were in my favour.

You don’t need a lot of money to start using the system and a few hundred quid is all it takes.

Also, Little Acorns offers long term steady profits that can grow to a substantial second income after a few years of use.

Look at this chart. If you can average 10% ROI every month which on average seems realistic and attainable, you can be making a great income with minimal outlay in a reasonable time frame. Think of your investment strategy as 10 years not 10 months.

Little acorns review

 

You can see the compounding effect here also.

Acorns 10%

Over 2015 the Little Acorns system made a grand total of 111 points using the original staking plan and this included 1 losing month in June. So very near the 10% ROI I have just mentioned. But if you use the staking plan called 2 steps back the overall profit looks even healthier at 148 points profit.

If you could manage to squeeze a 15% ROI from your £400 start bank using the 2 steps back staking plan. And if this is then compounded over the same period. The results are staggering to say the least.

Little acorns system

Little acorns results

Now initially and in the beginning these profits may not seem big. I mean all month to make £40 is nothing special. But as I have said to you before and from what you can see clearly above, it’s compounding that slight edge and leaving time to do the rest for you that really works the magic.  It’s how to invest properly. Remember this is not a lottery ticket.

It’s set and forget.

This has to be a huge bonus for anyone that has a day job. Once you place the bets, that’s it for the day. You don’t have to go back and do anything else.

When I was doing the little acorns review I used to check the race cards for qualifying selections within the same time window every day. This was always from around 9-12.

So my actual results may vary slightly from someone else’s as it happens. This is because prices may have moved during the day, [drifted in or out]. But for me this is what worked. And what my results are based on.

Another thing is I did not deviate from the instructions when it came to the price of a selection at the time I was checking for qualifiers. So if there was a selection that was say .02 out of the system rules I didn’t lay it because it was almost a qualifier. I remained very disciplined throughout.

Support for the Little Acorns system

The author of the system is a great guy. He knows his stuff and looks at long term profits. He was helpful when I asked him anything about the system, although there is not really much to get confused with.

Staking plans

There are a few different staking plans that you can use and my results show the Fibonacci and the 2 steps back plan.

Personally I liked the 2 steps back plan. Not just because it was the most profitable but I can safely say that the bank was not ever in danger during my test.

But for those that are risk more adverse, level stakes is good also.

Here are the total selections I made during the test. The results do not take into account betfair commissions.

 

 

DateSelectionOddsResultStakeRunnersMeetingBank 14702 steps
2/12/2015ACTINPIECES1.97Winner104Ling1480
Mindurownbusiness1.78L106Catt1472
3/12/2015Wolfcatcher1.93L109Market R1463
Presenting Arms1.6L105Wincanton1456
5/12/2015  Courtown Oscar1.98L206Wetherby1446
  Ornate1.61Winner206Wolverhampton1466
  Cachao1.89Winner2013Wolverhampton1486
  Town’s History1.75Winner2011Wolverhampton1506
6/12/2015  Seeyouatmidnight1.98L106 Kelso1496
  La Bague Au Roi1.83L1011Huntingdon1487
7/12/2015Belrog1.89L207Chelmsford1469
8/12/2015  Aubusson1.81L305Uttoxeter1445
  Katie Too1.82L308Fontwell Park1421
9/12/2015  Wavelet1.73L507Ling1385
10/12/2015 Cracked Rear View1.63Winner804Newcastle1465
 Born Survivor1.83L8014Card Warwick1400
 Rock On Oscar1.89Winner8014Taunton1480
12/12/2015U S Navy Seal1.7Winner104Southwell14901520
Peace And Co1.81Winner106Cheltenham15001550
Famous Kid1.9Winner108Wolverhampton15101580
Fire And Passion1.66Winner107Wolverhampton15201610
13/12/2015Mango Cap1.97Winner1011 Car15301620
14/12/2015Zamdy Man1.79Winner105Plumpton15401630
Mckenzie’s Friend1.56L108Plumpton15351625
15/12/2015Warriors Tale1.9Winner105Catterick15451635
Laugh Aloud1.9Winner1010Kempton15551645
16/12/2015Dangerous Thought1.9Winner108Ling15651655
17/12/2015Jessber’s Dream1.72L1010Exeter15581648
22/12/2015Capelita1.86Winner1010Southwell15681658
26/12/2015Showboater1.91L105Fontwell Park15591649
27/12/2015Sprinter Sacre1.8L105Kempton Park15511641
30/12/2015Modus1.8Winner2014Taunton15711661
Points Profit10.119.1new stake
2/1/2016Yorkhill1.69L105Sandown Park1564165011
5/1/2016Patriotic1.93L107Southwell1554163911
8/1/2016Mondial1.87Winner2010Wolverhampton1574166111
9/1/2016Hombre Rojo1.96L106Ling1564165011
Tapaculo1.88Winner106Kempton Park1574166111
11/1/2016Oconnors Girl1.91Winner104Kempton1584167211
12/1/2016Special Season1.76Winner10Ling1594168311
13/1/2016Shaan1.88L107Kempton1584167211
14/1/2016Tomngerry1.75L108Catterick Bridge1574166111
15/01/2016Gorokai1.75L205Ling1554163922
16/01/2016Black Hercules1.78L305Warwick1524161333
Free Running1.92Winner505Ling1574164633
19/01/2016Conquer Gold1.65Winner105Ayr1584167933
21/01/2016Camdora1.96L108Chelmsford1574164633
25/01/2016Onenightinvienna1.81Winner104Kempton1584170155
27/01/2016Binky Blue1.98Winner107Ling1594172322
Points Profit2.36.2

 

 

Once again, I highly recommend this system for anyone looking for a long term sports betting strategy.

As with Vince’s system, it does what it says it does. It actually works.

I shall keep a monthly report of the actual results and bank as I shall start to use the system with cash. I’ll use Betdaq to place the bets as the commission is lower. But I will check the prices on betfair [if that makes sense] the prices are pretty similar but if there is and problems with liquidity and getting matched I’ll have to move back over to betfair.

A year from now you’ll wished you had started today. Order Little Acorns here

One more thing… I have managed to secure a spectacular bonus for my readers that will DOUBLE your profits if used alongside Little Acorns.

Place Profit Accelerator Method

This is an absolute gem of a bonus. Seriously… it really is. This system produced an amazing 316.84 Points Profit in 21 Months

And it’s ultra-easy to use. Simplicity really is the key to this bonus method.

This system works the numbers, not the form! And all from a liability no greater than 0.86 on any qualifying race!

 

These are the results from 2015 with only one losing month

 

JANUARY: 2015 = -6.60

FEBRUARY: 2015 = +18.70

MARCH: 2015 = +7.90

APRIL: 2015 = +5.40

MAY: 2015 = +18.55

JUNE: 2015 = +11.10

JULY: 2015 = +16.25

AUGUST: 2015 = +15.20

SEPTEMBER: 2015 = +15.60

OCTOBER: 2015 = +9.31

NOVEMBER: 2015 = +11.15

DECEMBER 2015 = +17.05

You really don’t get bonus systems like this. You normally get some crappy ebook that is totally useless in reality.

Order Little Acorns here and get the bonus Place Lay System system free.

You will not find this offer anywhere else online. So get in on it and join me.

 

 

3 Ways to Profit from Falling Markets

It’s amazing how many people think that the only way to make money from the stock market is buying shares that are going to go up. Reality is that couldn’t be further from the truth.

The stock market goes up, down and sideways and good traders know how to profit from all positions.

It is inevitable that any trader that has been in the markets for any length of time is going to experience all of the above at some stage.

So either adapt to gain or, well, don’t. But you really need to understand how you can profit from falling markets if you’re not already.

Vince Stanziones System

Trading alongside Vince has been profitable already this year, with his system picking up on many of the best short positions to take. I still have long positions but Vince’s system spotted the weakness in the markets and I have traded them.

I spread bet many of these positions, but you could use traded funds or traded options.

Fixed odds Financials System

You can also use Binary.com to place fixed odds bets on the falling markets. The good thing about trading over at binary.com is that you know your total loss that you can expect if your bet loses. It’s a great way to get familiar with the markets without any major liabilities.

You can place simple fixed odds bets that can be as easy as predicting the market to rise or fall.

A good way to make fixed odds betting pay is using the strategies in the Stock Traders Almanac it’s incredibly easy to follow and offers proven long term results.

My spread betting system

If you haven’t used my system yet you can get it here, It’s totally free, really works and you should try it and see the opportunities for yourself. You can easily trade below the 200 day moving average and then trade the noise with the 10 x 20 day moving averages.

You don’t even need a subscription to any fancy share programme to do it. You can use the free charts on Google or Yahoo.

Look at this free chart from Yahoo of Tesco. A sell signal was given way back in August last year.

Tesco Sell Signal

 

Another interesting strategy worth considering is that weak markets present the option to find good stocks to buy that are undervalued. This is a strategy that Vince seems to be quite good at, as does Warren Buffet. Just because a price is falling, doesn’t necessarily mean the stock is bad.

I do not trade like that and buying stock in falling markets may well be something for the big investors club, but I can certainly see the angle.

 

Accumulator Generator Review

As promised I wanted to point you in the direction of a new product from Mike at bonus bagging.

It’s a brilliant system that is profitable and I recommend it.

Firstly it’s all to do with accumulator betting. Some of you may be familiar with that already but if you’re not it may be a bit confusing. Not so much the accumulator itself, but more a case of using the calculators needed to operate the system.

That said, I didn’t really know anything about accumulators other than putting on doubles and trebles. But after watching the videos that come with the system [a few times actually] I got the hang of it easily.

Accumulator generator review

So what are the pros of the system?

The good thing about accumulator generator it is that there really isn’t a limit to how many of these you can do. Each £50 accumulator that you make can average £10 profit.

You don’t need more than a couple of hundred quid to start.

Most of the action is evenings and weekends. So that’s great if you have work commitments.

You will make a profit whatever the outcome is. That’s guaranteed…

There is a 30 day money back guarantee also, so if you think “no way Jose” you can get a full refund.

All the accumulator bets are done for you, so you just copy them.

There are 5 different strategies included with the system

One of the systems you just place the bets and forget it. The more losing teams there are the more money you make.

It works.

So what are the cons of accumulator generator?

It can take a bit of getting used to. I found it a bit of a learning curve to begin with. But I did get the hang of it after a day or so.

It can take a couple of days for the bets to be completed. Some of the accumulator bet’s that the system offers can be spread out over days and I found that not to my liking.

But you can use the accumulator finder to find bets that finish on the same day, although these are mainly at the weekend. You will also find the odd 1 or 2 in the week.

My opinion

Accumulator generator resultsNow these are my personal views and everyone may not agree. However, overall this system will make you a risk free profit, over and over.

It’s a fantastic system but you just may need a bit of practice using it before you can really start to make it pay. Don’t let a day or so of learning put you off though.

Personally I like the lay all strategy as you just put the accumulator on and lay them all at the same time. I have done 8 of these and 3 resulted in 2 teams losing giving me an overall profit of £91.97 unsurprisingly it’s the easiest strategy to use so it suited me.

You can read more here.

Have you ever heard of Neil Patel?

Firstly a happy new year to you all. Let’s make it a healthy, happy and prosperous one…

So have you heard of Neil Patel?

No he’s not the biggest financial trader on the planet that nobody has heard of. But he is one of the best internet marketers on the planet that a lot of people have heard of.

I have followed Neil for around 2 years now, and I’ve learnt untold about how to run a blog, build links, create content, using images effectively, writing copy, building lists, ranking on Google, recovering from penalties from Google, writing headlines, info-graphics and tons more stuff.

Neil Patel

Neil Patel Internet Entrepreneur

He is the undisputed King of content creation. If you want to make money in 2016 from your blog or website, he’s the man to go to…Seriously.

But there’s one thing that he does differently to most other internet marketers… He won’t charge you a penny for anything that you can read on his blog. It’s all free, everything.

Amazingly though and I’m sure you’ll agree once you start reading his posts; most, if not all of what he offers on his blog out shines all the other relevant information available on other websites, even though more often than not you have to pay for the privilege to read or use. It’s crazy.

Here’s an idea, if you wanted to set up an SEO company and charge astronomical amounts of money to help businesses rank their websites, all you need to do is copy the free strategies on his websites. That’s pretty much what SEO companies do, I’m sure.

And if you consider the fact that the likes of Amazon, eBay and Microsoft go to him for marketing advice, pretty soon you’ll start to catch on why. He’s awesome at what he does.

I read neilpatel.com and quicksprout.com and I can only urge you to go and take a look. He’s got a lovely little face that’s very friendly and a great sense of humour too.

I’ll be back this weekend with some results from system trials and other money making opportunities as promised.

Slow and steady wins the race

Grandville_tortoise
Well another year almost over. I have again had a profitable one although choppy in places.

2015 has been a year of study for me personally. It was part of my overall plan for the year. I wanted to take a closer look at myself and where I could improve as a person as well as financially.

I have read lot more books this year that have focused on for a better way of putting it “the science of becoming rich”. This is not only for my benefit, but also for friends, family and readers of the blog to benefit from what I have learned.

I have also looked at numerous ways to increase my income from trading. I am still of the opinion that there is no better way to trade the markets than long term trend trading. But again I have focused studying this area as it is of genuine interest to me. Plus many readers of the blog will benefit from what I can relay to them (hopefully)

The common problem with trading is that it is not a get rich quick scheme. New traders just don’t want to wait for profits and trades to mature.

For that reason I have been looking at options that will generate faster regular profits over 30-60 days that you can then reinvest or pay yourself with. Then you can use a longer term strategy like the Vince Stanzione system without getting impatient. The way to do this will be combining with fixed odds financials. More on this will be coming very soon.

Bookmaker Bonuses

The bookmaker bonuses still keep delivering and always make me laugh for some reason. Its shoe money and risk free and although not big profits it will add up. [and it really does buy my shoes]. It’s a girl thing…

I’ve also been fortunate to test a new system from Mike [the author of bonus bagging] that you should also add to your arsenal in 2016 and I’ll send information on that in January.

Something else that I have been testing is a racing system and a football betting system that you can start with a few hundred quid and that will safely, slowly and steadily build your bank from year to year.

This time frame of year to year may again not be appealing to you all, but the method is statistically sound and has been running for almost 10 years. It works and is proven but I still wanted to test it out to see for myself and see how easy it was to use and so on.

After my test I’ll publish the results and let you decide for yourselves whether it’s for you or not.

Traders from all walks of life

I went to the business show in London at Olympia at the beginning of the month. I chatted with a lot of people as well as Vince Stanzione. But one of the most inspirational things I saw that really hit home to me was whilst I was watching Vince’s presentation.

Vince was doing a question and answer bit at the end of his talk and a guy asked Vince if he could say a few words.

Now this guy was around mid-50’s wearing jeans and a leather jacket. Almost scruffy like Hugh Fearnley Whittingstall in appearance and I really do mean that in a sincere way.  And I’d say of a Caribbean nationality.

But this guy was a successful financial trader… it was amazing, and he had the courage to stand up there and say how his life had been changed by trading. He thanked Vince for all his help and then encouraged people to try it out for their selves. I was so chuffed for him.

It just goes to show you that people from all walks of life can and are making successful traders.

 

Have a plan in 2016 to get financially secure in 5-10 years.

There’s no quick and easy route to wealth and financial security. I recently read the book “Slight Edge” and this quote from it sums up so many peoples attitude towards getting rich.

You already have the skill, the confidence. You already have everything you need to achieve everything you want. You just can’t see it.

Why not?

Because you’re looking in the wrong place

You’re looking for the breakthrough, the quantum leap. You’re looking for the winning lottery ticket in a game that isn’t a lottery.

Taken from Slight Edge by Jeff Olson

I used to be just the same but have started to realise that in some areas I need to slow down to make faster progress.

The book itself is not a bad read and it has some good points and some fantastic information on how to apply the power of compounding to your daily life for success. But it is very repetitive, or at least I found it so. In saying that, it has made me consider everything in a slight edge way; much like “The Richest Man in Babylon” has done.


I also listened to Darren Hardy’s “The Compound Effect” I don’t listen to that many audio books as it happens but I’m trying to get into the habit. I found this to be better than slight edge even though I wasn’t reading it. Ideally you should read them both.

They really can teach you the finer details of how to become rich slowly at first but compounded over time the results are amazing.

Taking this approach to financial security will produce a much better long term result as you will also be learning to look after your investments along the way.

This is something that lottery winners are not competent at, and that’s why most (70%)  find themselves broke again within 7 years.

It’s the same as footballers according to statistics… 40% of professional footballers are bankrupt within 5 years of retirement.

So getting rich quick is not quite all it’s cracked up to be for the majority it seems. Reminding yourself of this can have its rewards.

 

You’ve got plenty of time to make it to the top

The first person to live to 150 is already alive today

We are living longer and that’s a fact. So even if you’re 40, 50, 60+ you’re really not that old. So slow down and concentrate your energy on longer term goals.

If you are serious about becoming a successful trader or even improving your life in other areas, don’t rush it. Take it easy and don’t be so hard on yourself. Read and learn from the books above. Learn how to use time to your advantage and not limit your achievements to your current age.

If you continuously compound your achievements, however small they are, eventually time will make the successes for you.