I recently got an email from someone who bought my book Stock Trading Riches.
He complained that my book and trading system were nothing new and exciting.
Well, yes, that's the point.
As I related my story two years ago in the first post of this blog (Welcome from a Born-Again Simpleton), the search for get rich quick excitement cost me a heck of a lot of money (both actual and from lost opportunity).
I then developed my trading system, which lies midway between passive buy/hold, and hyper-active trading. It is based on re-balancing formulas.
Absolutely, there is nothing new about re-balancing. But it works. It has a sound basis. It has an edge.
My system's "twist" is that it applies one type of re-balancing (constant value) at the individual stock level, and another type (constant ratio) at the portfolio level.
It trades volatility at the stock level, and captures compounding and growth at the portfolio level.
I want people to be clear about what my book offers. It does not offer the latest whiz-bang, cutting edge technical trading indicators. There's no "Tradestation" gymnastics.
Instead, I'm giving you a proven trading system that has made money for me in real life. I trade my personal money with this system, and I love it. This is the only system I recommend to my friends and family. I sleep completely peacefully at night.
This book is not meant to entertain and dazzle you with my brilliance. It's not designed to teach you something "sexy" to discuss with other traders online. It's meant to teach you a simple, proven trading system. My goal is for you to "use" it and make money.
Wednesday, 26 March 2008
Following A Proven Path to Make Money
Posted on 14:35 by Unknown
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment