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.

 

 

Date Selection Odds Result Stake Runners Meeting Bank 1470 2 steps
2/12/2015 ACTINPIECES 1.97 Winner 10 4 Ling 1480
Mindurownbusiness 1.78 L 10 6 Catt 1472
3/12/2015 Wolfcatcher 1.93 L 10 9 Market R 1463
Presenting Arms 1.6 L 10 5 Wincanton 1456
5/12/2015   Courtown Oscar 1.98 L 20 6 Wetherby 1446
  Ornate 1.61 Winner 20 6 Wolverhampton 1466
  Cachao 1.89 Winner 20 13 Wolverhampton 1486
  Town’s History 1.75 Winner 20 11 Wolverhampton 1506
6/12/2015   Seeyouatmidnight 1.98 L 10 6  Kelso 1496
  La Bague Au Roi 1.83 L 10 11 Huntingdon 1487
7/12/2015 Belrog 1.89 L 20 7 Chelmsford 1469
8/12/2015   Aubusson 1.81 L 30 5 Uttoxeter 1445
  Katie Too 1.82 L 30 8 Fontwell Park 1421
9/12/2015   Wavelet 1.73 L 50 7 Ling 1385
10/12/2015  Cracked Rear View 1.63 Winner 80 4 Newcastle 1465
 Born Survivor 1.83 L 80 14 Card Warwick 1400
 Rock On Oscar 1.89 Winner 80 14 Taunton 1480
12/12/2015 U S Navy Seal 1.7 Winner 10 4 Southwell 1490 1520
Peace And Co 1.81 Winner 10 6 Cheltenham 1500 1550
Famous Kid 1.9 Winner 10 8 Wolverhampton 1510 1580
Fire And Passion 1.66 Winner 10 7 Wolverhampton 1520 1610
13/12/2015 Mango Cap 1.97 Winner 10 11  Car 1530 1620
14/12/2015 Zamdy Man 1.79 Winner 10 5 Plumpton 1540 1630
Mckenzie’s Friend 1.56 L 10 8 Plumpton 1535 1625
15/12/2015 Warriors Tale 1.9 Winner 10 5 Catterick 1545 1635
Laugh Aloud 1.9 Winner 10 10 Kempton 1555 1645
16/12/2015 Dangerous Thought 1.9 Winner 10 8 Ling 1565 1655
17/12/2015 Jessber’s Dream 1.72 L 10 10 Exeter 1558 1648
22/12/2015 Capelita 1.86 Winner 10 10 Southwell 1568 1658
26/12/2015 Showboater 1.91 L 10 5 Fontwell Park 1559 1649
27/12/2015 Sprinter Sacre 1.8 L 10 5 Kempton Park 1551 1641
30/12/2015 Modus 1.8 Winner 20 14 Taunton 1571 1661
Points Profit 10.1 19.1 new stake
2/1/2016 Yorkhill 1.69 L 10 5 Sandown Park 1564 1650 11
5/1/2016 Patriotic 1.93 L 10 7 Southwell 1554 1639 11
8/1/2016 Mondial 1.87 Winner 20 10 Wolverhampton 1574 1661 11
9/1/2016 Hombre Rojo 1.96 L 10 6 Ling 1564 1650 11
Tapaculo 1.88 Winner 10 6 Kempton Park 1574 1661 11
11/1/2016 Oconnors Girl 1.91 Winner 10 4 Kempton 1584 1672 11
12/1/2016 Special Season 1.76 Winner 10 Ling 1594 1683 11
13/1/2016 Shaan 1.88 L 10 7 Kempton 1584 1672 11
14/1/2016 Tomngerry 1.75 L 10 8 Catterick Bridge 1574 1661 11
15/01/2016 Gorokai 1.75 L 20 5 Ling 1554 1639 22
16/01/2016 Black Hercules 1.78 L 30 5 Warwick 1524 1613 33
Free Running 1.92 Winner 50 5 Ling 1574 1646 33
19/01/2016 Conquer Gold 1.65 Winner 10 5 Ayr 1584 1679 33
21/01/2016 Camdora 1.96 L 10 8 Chelmsford 1574 1646 33
25/01/2016 Onenightinvienna 1.81 Winner 10 4 Kempton 1584 1701 55
27/01/2016 Binky Blue 1.98 Winner 10 7 Ling 1594 1723 22
Points Profit 2.3 6.2

 

 

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. 

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.