The Desk of Nigel Thomas Welcome Fellow Trader! Whether you're new to trading the stock market or an old hand needing a fresh new approach, I highly recommend you read every word of this letter. It contains information which will show you the way to total financial independence. I should know, it has for me. You see, a couple of decades back I was fast tracking an executive career in a large corporation. I loved my job, don't get me wrong. I was making great money, had great benefits, in fact the company I worked for strategy for just about everything.
There was a big downside though. My time belonged to the company. Apart from a couple of weeks a year when I could get on an airplane and get as far away as I could without my cellphonethe rest of the year was spent doing company things with company people, whether it was a work day, a weekend or a holiday.
I had money but no freedom! I knew there must be a way out! Minimize the chance of a stock going against me after I buy in 2. Minimize the loss amount if a stock actually does go against me. I learned how and when to buy, and how and when to sell, so that when I was buying I was buying low and when I was selling I was selling high.
I now had money AND freedom! Not everybody likes that I assume you know nothing about trading. In order to understand the ten steps you must understand very basic 'technical indicators', like support and resistance levels.
If you know that already I apologize. Not everybody likes that I leave out so many other important technical indicators, like bollinger bands, elliott waves and something from Fibonacci the three favorites.
The ten steps is structured to be as simple as possible. It doesn't need to be bogged down with over complication, nor do the users. Those with an investor mentality don't like the fact that it ignores complicated company fundamentals like balance sheets, PE ratios and annual reports to name a few.
On the contrary the ten steps strategy uses the only fundamental that really makes a difference. The dividend re-investment crowd don't like that you don't leave your stocks alone and let them grow into mighty retirement funds.
My experience with this strategy is why I started trading for myself in the first place. Some don't like that it doesn't take advantage of the sometimes dramatic swings we see during a trading day. Whilst there's nothing wrong with intra day trading there are occasions the ten step capitalizes on itit is very stressful, something which the ten steps proactively avoids. High octane traders those who spend their weekends base jumping suggest it is not active enough. Ten steps is structured so that you only need to work for a few minutes, three or four times over a two month period.
You can do more. Ten steps is designed to give you freedom, not take it away. Some experienced traders suggest beginners cannot possibly trade profitably with any long term consistency using only a ten step formula like this.
I say read it first. It's about giving beginners to the stock market a simple staircase approach to buy-low-sell-high trading that will maximize the chances of winning and minimize the chances of losing, regardless of market conditions.
Even experienced traders who are not satisfied with their results use the ten steps to help refresh their trading approach. It's about earning a steady income from a trading amount of capital so that you can build on your nest egg, which remains separate and intact or in some other very low risk investment. It's about taking you, one step at a time through a profitable trade, from how to choose your stock, to getting in at the best and safest possible time, to getting out at the best and safest possible time, protecting your capital strategy the way.
It's about understanding how much you should be risking in your trades so that you can get in and out of your trades easily, but still make enough from them to make it all worth while. It's about allowing your winning trades to safely ride as long as you can. I've followed strategies in best you exit when you have 'hit your target'. It's about cutting losers quickly. Preservation of capital is key with the ten steps. Things will go wrong and you will make losing trades, but you will always be able to fight back another day, the same day if you wanted.
It's about avoiding confusion from the hundreds or is it thousands? Technical and fundamental analysts have always been at odds, so why listen to either of them? It's about discovering who are the real players in the market. It's not the bulls and the bears, it's the 'dumb money' and the 'smart money'.
Stock who they are and how they do it. It's about learning how to handle news, and the hype which surrounds it. The market is driven by fear and greed, and this causes panic buying and panic selling. Ten steps works independently of the fear and ever, allowing rational trades to be made which capitalize on the hype. It's about being in a system which only requires your attention once, to set your order, then again every couple of weeks until you take profits.
You don't really even need to be there at the time either. It's about living a leisurely, stress free life whilst still enjoying the benefits of having a paycheck. If early retirement seems out of reach for you, then you could make this your second chance. So What's It Going To Cost For All This Valuable Information? I WANT YOUR BUSINESS! Is That Too Conservative For You?
Click on the Buy Now button below to be directed to my Secure Payment Server. Pay with your credit card or PayPal account 3. Once payment is made you will instantly receive an automated email with a link to the download page. ONE TIME PAYMENT ONLY. There are no monthly trading ongoing fees. Unlock The Secret To Profitable Trading Today! Keys to Top Trading Profits This amazing ebook is an assemblage of never-before shared tips, tricks and strategies of 18 of the best market traders in the US.
That's over five centuries of experience between them. You couldn't best the wisdom these guys impart in here even if you wanted to or could afford it! And it's yours with your purchase, absolutely free! Secrets of Millionaire Traders After interviewing several millionaire traders, it became obvious that there were certain rules they all seemed to follow.
This fascinating ebook is an easy to read and understand synopsis of the top 25 of those common-to-all rules. If you believe that emulating the best will put you on the path to success, then stick to these rules yourself and there's no reason you can't join them. A Practical Guide to Swing Trading This down-to-earth guide covers everything you need to know to be a successful swing trader from defining the rational behind swing trading, identifying stocks to trade, when to enter and exit a trade, how to maximize trading and minimize risk, what tools are available and what are the best books to read.
This is a must for everyone playing the markets for the medium term. The Ebook of Technical Market Indicators If you're having trouble getting to grips with the array of market indicators you see accompanying the price charts then look no further.
This ebook explains them all, including the Advancing-Decline indicators, with both official definitions and accompanying graphics showing examples. Trading in Mind Trading the markets takes nerves of steel, and one of the most often neglected aspects is arguably the most important. That is the mind set of the trader. Why does that happen? It's all in the mind. This highly successful trader pours his secrets out in this awesome 31 page info-product. He spills the beans on how he handles his trades and the principals he adheres to in his trading regime.
If you want to see inside the head of someone who's been making year-on-year gains for himself and his clients for many many years, then this is the ebook for you. Sure Fire Forex Trading If you're getting or planning to get one of the great FX trading products researched on our website then this manual in a must have for you.
Using terms aimed at the novice trader, it talks about market mechanics, leverage, roll-overs, accounts, statements and describes the main players in the world of foreign exchange, together with a list of central bank websites.
The Truth About Fibonacci Trading Using 13th century mathematician Leonardo Fibonacci's 'natural proportion' theorem of the universe, and applying it to today's markets, the Fibonacci technical analysis indicators are a proven favorite for traders in every market. This ebook goes into great detail explaining what it is, how it works, and how you can use it as part of your arsenal of trading strategies.
Charting Made Easy With live market data now available to the masses and highly sophisticated software on offer to interpret that data, using technical chart analysis to predict price movement is more popular than ever, and growing at an incredible rate. Testament to this is the number of page views we get on the charting software we highlight. This ebook examines the type of algorithms this software searches for.
Options Trading This manual is a superb accompaniment to whatever options trading product you buy through us. Whether you're a beginner who needs to know the basics, or a veteran who needs a handy resource to refer to on the fly, Options Trading is exactly as it says it is, options trading all the way from theory through to application.
Swing Trading Using Candlestick Charting with Pivot Point Analysis This sixteen page white paper looks in detail into using pivot point analysis on candlestick charts as a simple swing trading strategy.
Candlestick charts are by far the best way to examine prices as they offer an instant overview of what the price actually has been doing and therefore far more insight into what it will do. The Trader Business Plan Too many traders enter the markets without a real plan in place. Playing the markets is a business even if you're an independent trader using your own money.
Are you sure you know what you need to know first? Are your goals clear to you? Look before you leap. This short checklist put together by a veteran stock and index futures trader, will make sure you have all the bases covered and save you from jumping into any expensive mistakes. Independent Investor eBook This page world renowned manual has recently been updated with six new chapters dealing with how to invest during a long term bear market.
No matter what the markets are doing and what the general sentiment is, the Independent Investor eBook now covers the good and bad weather days. Pattern Cycles "As bulls and bears fight for control, Pattern Cycles are born. Driven by emotional behavior, trend inhales and exhales.
Falling price ignites fear as paper profits evaporate. Fresh rallies awaken greed, inviting momentum players to become greater fools.
On and on it goes. With three real life examples explained using charts, instructions and definitions which can be replicated, your first trades need not be something you have to do feeling like you're all by yourself. These are examples and are not necessarily indicative of the sort of trades you will make when you use the Ten Steps To Profitable Trading. Profits and losses will depend on the stock you decide to target and the timing in which you get in and out.
Trading in the stock market best with risk. You can lose as well as profit. Even the middle of the ever was not sacrosanct as far as the company was concerned.
I felt like I had no choice. I was in a competitive company in a competitive industry and unless you played ball you fell behind. To keep ahead of the rats you had to be a better rat. I had a great life though, and nothing but the most expensive things seemed to be out of reach. I had a great little fund going too that my broker took care of for me, which I added spare money to when I wasn't otherwise blowing it to maintain my lifestyle. I knew nothing about the stock market except to suppose that my broker could do no wrong.
After all, it wasn't long before we were in the nineties and the tech bubble was in full swing. No one could really do wrong. I felt quite secure thinking my long term future would be well taken care of and that I was on track to getting enough money together to start my own business and be my own boss. This was a dream I had had since I went to my first job interview, and the longer I had been in the rat race the more it became a goal.
Not long after that I got married, had kids and was settling into the role of father and family man. The battle between family life and work was tough, but the company was doing well and there was exuberance in the air, buoyed by the paper gains people were making in the markets.
Those around then will remember it well. The tide went out and it took all the boats with it. The bubble burst, and whilst I didn't have anything more than stocks tied up, I wasn't over extended, but no steps had been taken anywhere to protect my long term investments.
To make the situation serious however, the company I worked for had to scale back and I found myself out of work. I didn't feel alone, the situation was the same for many of my friends, but it struck me that there must be a better way to take care of what I had worked so hard for, my money. After all that slogging and personal commitment, I was back at square one again. Surely I could do better? I definitely couldn't do worse.
If I had lost my job with all my investments intact then I wouldn't be in this predicament. Fortunately it didn't take long before I was back to being employed again, but the sort of salary packages which existed before the crash didn't exist any more, and with home expenses now more than they ever were I was struggling to make ends meet. It was a real wake up call I must say, but on the positive side I had much more free time to do something about it.
I decided at that point to take money matters into my own hands. All I had was what was left of my stocks and they had pretty much stagnated. They weren't stock anywhere fast and meanwhile others stocks were.
I cashed out completely, opened an online trading account and started learning everything I could about trading the markets. I bought just ever every product out there at the time and read just about every article, blog and website.
I still couldn't find a system which exactly suited me, my style and my tolerances. One thing I did know was that long term buy and hold investing in the stock market for me was out. I needed to learn how to trade myself, and over the next year or so I tried everything from very short term day-trading to trades lasting weeks or months.
Whilst I was careful to make sure I was well researched in any strategy I was attempting, I still made mistakes, and I admit at first I was even a little foolhardy.
Not in terms of amounts - I was very conservative to begin with - but in terms of trying a strategy when I hadn't properly grasped it. It wasn't surprising, they were all so complicated. I made sure however, that every mistake I made was a lesson learned, and I made sure that I benefited in some way from every losing trade. Slowly but surely I started getting the hang of things, developed my own style and began to see through all the smoke and mirrors which shroud the markets.
I was able to put the few good tips from all the different sources I had scoured, together with my own system which was maturing by then and finally I strategy a strategy which was recording consistent profits. What I had found though, was that the strategy which worked best for me anyway was the simplest and most obvious of all the systems and strategies I had tried. All I had to do was follow a dozen or so simple steps and time after time I was walking away from my trades with more money stock I put in.
I have to stress here that I didn't profit every time I traded, but I managed to reduce to a minimum the chance of a stock going against me after taking a position and, if one actually did go against me, then the losses were kept manageable. Minimize the chance of a stock going against me after I buy in. Date Target Price Set. Pay with your credit card or PayPal account.