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. 

You couldn’t buy better Trading Results

paddypOK, so I have mentioned this stock before but being as it is one of my all-time favourites and given the impressive gains lately it has to be noted.

I have more or less been trading Paddy Power since I started trading. What’s more is this was one of the first proper long term trades that I found myself using the Vince Stanzione course.

As you can see from this chart, you could have entered this when I did back in 2011 and stayed in it [depending on moving averages and stops] there are not many tax free investments that you can find like this. You couldn’t buy better trading results if you subscribed to a service. And there is not a horse racing service on the planet that is anywhere near capable of producing more points profit in this time frame.

I traded out and then moved back in but I also reversed my position. Regardless of that I was following the signals and stayed with the trend.

I first bought paddy power at a fraction over £35 and spread bet it at finspreads. Today it’s trading at £114+ so even trading at a modest £5 a point profit you could be up over £35,000 in four years.

Not too shabby for a £5 bet. And you could have even used 0.50p a point if you wanted to if you had a smaller bank.

Another thing is that you have to remember that if a trade goes against you’d of closed out. So as you can see, the cutting your losses and letting your profits run approach is far from any myth or hype.

Trend trading, simple moving averages, a spread betting account and Vince Stanzione. You could do a lot worse than having that team in your corner.

You can read more about Paddy Powers recent buyout off betfair here. This has added to the current run.

Here’s the Paddy Power chart. I use Sharescope but you can just as easily use the free charts like this one from Yahoo finance.

pap

Fantastic Trading Profits

HalloweenHalloween has been and gone but it’s been a wicked few weeks of trading and I have had some fantastic trading profits. As a member of Vince’s site it never ceases to amaze me how valuable this man is to me. He called some massive shots that have already shown fantastic profits and it is reassuring after all the choppiness.

The thing you have to understand about the Vince Stanzione system is that although predominately Vince trades longer term moving averages, he’s not just a one rule man.

His seasonality knowledge and results are not far from spectacular. And although I do not trade every single trade that Vince mentions, trading what I think looks good from his recommendations has rewarded me substantially over the years.

Reading his regular market updates is like having my own financial advisor that actually knows what he is talking about {sorry to any good financial advisors}

As time rolls on and by keeping calm I have had the opportunity to learn that truly the golden rule of trading is in the waiting. You may never get accuracy of winning trades of 90%, 80, 60 or even 50% but by cutting the losses and letting the profits run [waiting] you’re going to be better of financially than most other traders ever will be.

I still get edgy on some trades nowadays but the urges to break rules and make stupid mistakes are gone. If I’m really ever in doubt I do email Vince.

Someone emailed me the other day that was thinking about buying Vince’s course and asked this question… If Vince decided to stop selling his system for whatever reason and he shut down his member’s sites will it stop everyone from continuing to make money? It’s a good question for a newbie to ask. So I answered as always as honestly as I could.

 

Dear ******

Thanks for your email, there is only one answer to your question. Absolutely not! I have been fortunate enough to trade alongside Vince for a number of years now and his key trading system is still delivering my main trading profits. If you have basic intelligence and can follow simple rules you will profit over time from trading the financial markets using his strategy.

Over the years that I have dedicated to learning to trade, Vince has shown me some other fantastic strategies that have been amazingly profitable over many many years that not many others [to my knowledge] are privy to.

You cannot be worrying about what has not happened yet. It’s a pointless exercise that will keep you stagnant forever. On the other side of the coin, nor can I say that his past results are the light to future financial successes. But I will say that up until today, I have continually made long term profits with Vince Stanzione since I began trading his system.

It hasn’t always been pretty; learning to take a loss was hard, learning to be patient even harder, but it is these traits that Vince has reminded me of that once mastered are the key to becoming a successful trader.

Trading is not a get rich quick scheme, it more a get rich sensibly type of approach.

Whatever you decide to do, I wish you good fortune for the future.

 

Rachel.

 

That is the most accurate and honest answer I could have given to that question.

I do not have to try to convince you or anyone to become a trader and I will not try to do so. But from what you can learn from the Vince Stanzione course and over the years from following him, it’s enough knowledge to keep you trading successfully for the rest of your days I should imagine.

The markets haven’t changed their dynamics that much over the last fifty or even one hundred years. So I think we’ll all be safe from not having enough trading opportunity’s to take and a system to trade with. Although I could be wrong of course; but I doubt it.

Trading Bank Size

losing your headIt’s easy this whole trading thing. If you’ve just started out and anything you buy just keeps going in the right direction… up up and away the prices soar of your stocks. The Ferrari is on order and coming soon. You buy more stock and woosh… up it goes again.

Strategy and discipline leaves the conscious mind and greed replaces it.

Your whole bank is invested. No insurance trades taken. You don’t even need charts anymore. You’ve totally lost your head and just don’t know it.

Wobble… eh? Hold on a minute; the price is coming down. The markets must be wrong because I can’t be. They’ll go back up tomorrow.

Whooo steady on, the charts say sell now but that can’t be right. If I sell now I’m going to lose way too much £££, I can’t afford to lose that much so I’ll hold on.

That’s better, I knew I was right. Moving back up now, and to think I was even considering selling when the system said I had to!

Ahhhh… what the ****! This can’t be ******* happening. How the **** has that happened. I just can’t ******* believe this ****. I’m ****** totally.

One of the biggest hurdles when trying to learn to trade the financial markets is trading in your comfort zone with the correct trading bank size. If you can totally detach yourself from your trading bank you’ll stand a far greater chance of success in the long run.

Taking a loss is hard for anyone, but it will happen trading. If the thought of losing £5000 overnight is unbearable don’t trade with it. If losing £1000 overnight is chicken feed you might not take investing seriously enough. The idea is to try and find a starting bank that suits.

The sweet spot for your trading bank is that point at which you’re not going to panic and make irrational decisions if things go against you. But it needs to be an amount that still gains enough respect from you that you do not consider the bank just gambling money.

It’s tricky to do but it is a factor of trading that may define your success or failure.

If the markets hurt you [financial loss] as a beginner trader, it can affect the way that you progress from then on. You may give up with trading if a loss of 10% of your £5000 bank feels far too uncomfortable. But with a smaller bank of £2500 and the same 10% loss of £250 you may still feel slightly upset at the loss but you still have the determination to continue.

From then on you can adjust and keep to your long term plan.

Comfort levels in trading are a big deal but so often overlooked. I have regularly heard of stories of traders that just can’t bear to take a small loss so they hold on and take a much bigger one.

That’s not trading, that’s gambling. Know the difference and become a trader not a gambler.

An amazing book to read

I have just finished reading a fantastic and timeless book. It has been in print for many many years, and I had seen it often, although it never ever really appealed to me for some reason.

However, just this Sunday I was in the mood for a good inspirational read so headed over to Amazon. After searching I then saw the book was again, so I went to order the kindle edition for the bargain price of 99p.

Annoyingly, amazon could not process the order so I tried again. Still no joy! Different card needed maybe? So I tried one of the other cards stored on my account. Nothing but the same message and a telephone number to call if the error persisted.

Growing increasingly frustrated, I Googled the title of the book. And there it was, free to download. A nice result, not for saving 99p but because I wanted it now.

Anyway my free book that I wanted to pay for was called “The Richest Man in Babylon” And although only seventy odd pages long on my ipad, I can safely say it is one of the best books money could buy [if amazon took my payment] on creating wealth.

In fact, they should make this compulsory reading at business school. It’s that good.

If you want to know how to get rich slowly but surely then this is the book for you.

Although in a roundabout sort of way I have been doing some of the teachings from the book I just found it very inspiring and reassuring that I’m on the right path.

It’s strange that I never fancied reading it before, but there you go. Obviously try to get it on Amazon but if not here is the link for you to download it free.

The principles and style in the book remind me very much of how Vince Stanzione talks [if that makes sense]. And whilst reading I did wonder if he had read it also?

Get it now, read it and start to apply, if you’re looking for a way to improve your finances.

One of the key principles in the book I heard in a film once and thought what a good idea it was. Can’t remember the name of the film, but Cameron Diaz was in it and she saved 10% of everything she had ever earned. The conclusion being she had a huge lump of money saved for when she needed it most.

Summer went missing and Seasonal trends

Seasonal tradingWell it seems as though our poor summer is actually over.  I say that because for me it always feels like that at the beginning of September. The schools and colleges go back, Halloween costumes appear in the shops and as traders we start to think about our seasonality trades.

Summer officially ends on the 22nd September and from then on there will be more going on from a trading perspective.

After all the crash, bang and wallop over the last few weeks I’m looking forward to buying some new stocks.

Vince will let his members know what to buy and when. This information is priceless to me and I can make enough profit from those trades alone to call the year successful. Obviously past performance and all that don’t give me any future guarantees, but things do look good.

If you haven’t got a copy, get the stock trader’s almanac. It’s truly a wealth of knowledge, and you can use it to practice some seasonal trend trading over the coming months and into 2016. It is a great way to see how well you can do and how things work for minimal outlay.

So if you haven’t got started as yet it’s probably a better place to start than most others. And considering that very soon, smart investors are predicting it’s going to be a good time to buy again.

After these recent price dives, you might just find the perfect opportunity of a good stock that’s going cheap.

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.

21 of the funniest money and stock market quotes EVER

OK, with all the doom and gloom in the world at the moment I thought it a nice change to list my favorite funniest money and stock market quotes.

 

  1. “All I ask is the chance to prove that money can’t make me happy.” Spike Milligan.
  2. Money isn’t the most important thing in life, but it’s reasonably close to oxygen on the “gotta have it” scale. ~Zig Ziglar
  3. Bear: what your trading account will be after following the hot tips in the financial times.
  4. Bull: what your hedge fund manager is full of.
  5. Bond: what you had with your wife until you pawned her jewellery to fund your account again.
  6. The pessimist sees the glass as half empty. The optimist sees the glass half full. The day trader just adds whiskey.
  7. Financial markets have a very safe way of predicting the future. They cause it.
  8. Q: Which one of our natural resources will become exhausted first? A: The Taxpayer.
  9. Wall Street is the only place that people ride to in a Rolls-Royce to get advice from those who take the subway. – Warren Buffett
  10. “Sometimes your best investments are the ones you don’t make.” – Donald Trump
  11. “The best way you hurt rich people is by turning them into poor people.” – “Trading Places” (1983)
  12. Money can’t buy you happiness but it does bring you a more pleasant form of misery.” – Spike Milligan
  13. The investor’s chief problem-and even his worst enemy is likely to be himself.” -Peter Lynch.
  14. “Markets can remain irrational longer than you can remain solvent” -J Maynard Keynes.
  15. “I’m spending a year dead for tax reasons.” Douglas Adams.
  16. “If you owe the bank $100 that’s your problem, If you owe the bank $100 million, that’s the bank’s problem.” JP Getty.
  17. Money doesn’t make you happy. I now have $50 million but I was just as happy when I had $48 million. Arnold Schwarzenegger
  18. If you lend someone $20, and never see that person again, it was probably worth it.
  19. There is a very easy way to return from a casino with a small fortune: go there with a large one. Jack Yelton
  20. A study of economics usually reveals that the best time to buy anything was last year.
  21. Don’t marry for money; you can borrow it cheaper.