Dear
Friend,
I trade the stock market on a part time basis. Even when my returns can
cover my living expenses already, I would still trade on part time
basis. Why, you ask? Because
I
DON'T HAVE TO TRADE FULL TIME.
First of all, let me share with you one of my better trades. I
will start by asking you what will you do when faced with the
following stock chart? Pay particular attention to the circled area.
Would you sell it? With the limited information I have as you do now, I
personally would. But did I?
You would not be faulted if you sell, most obviously. You could argue
that the ideal position is to sell in early / mid May 06, and re-enter
in late July / early August 06. But, how often would you be able to do
that? Not so often if you just follow traditional trend trading
indicators, that's for sure..
I did not sell.
I was on
the verge of doing that though as my indicators started to turn against
the trend, but I stayed on. For your info, I entered the position late
December 04, and as of December 06 I have
more than tripled my
money there.
With
- on average - 30 minutes every day managing my open positions, and
about 2 hours over the weekend to analyze new trading opportunities to
enter, and
1 trade over
2 years, I tripled my money!
More
than 300%!
Now I am not telling you the above success story just to brag. I want
to share with you the simple stock market trading system I adopted that
has taken so little time out of my daily hours and yet so boringly
consistent in bringing money day after day after day to my bank
account. Yes, I said boring, as there is really not much you
need
to do to stay profitable! That's the reason why
I DON'T HAVE TO TRADE FULL TIME.
Presenting you:
The
Complete Guppy Traders Seminar Series by Daryl Guppy.