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On Simon Martin

“My profits in the first week

after the seminar paid for

the seminar THREE TIMES!

And that’s just the intra-day

trades, not counting the

regular one to four day trades! 

 

I believe if traders give your

rules a go, then not only will

they profit from it, but also

realise that it is probably one

of the best investments that

they make.  Thanks again”

            Michael Kotvas

            St Albans, VIC

 

“Having traded for almost
 2 years full time, I came
across Simon Martin and
decided to sit his course
more or less out of curiosity.
It was a pleasant surprise
to me when the information
he shared really hit my
trading between the eyes,
got me thinking "smarter"
and improved my whole
concept of trading.
 
Couple this with Simons laid back, relaxed attitude, and you have a powerful set of tools ready to take you to new levels of awareness in the market, and within yourself. Thanks Simon”
 
John Kaye
Melbourne
 
Since the course… Placed 14 trades on paper which grossed 28% return in 3 weeks.

Just gone live 3 days ago with one trade grossing 17% and the other unclosed standing at 34% gross profit.”

Sein Chew
Singapore
 
“Great Follow on from Kim Reilly’s 3 day options course.  A necessary ‘next step’ to reinforce the Level 1 material, to add further tools and analysis.  Aids in making the trades more efficient and therefore more profitable.  A must for ongoing knowledge and progress.”

 Joachim Erpf,
 QLD
 
"Simon’s strategies were amazing. I have researched many different options trading strategies since my first seminar back in 2002 yet I have never come across the strategies I learnt today. Simon’s not a cheesy slick presenter (I like that!). His presentation and the content are fantastic. Thanks Simon!"

Mark Franjoc
 
I’m sooo grateful that there are guys out there like Simon Martin. The have a lot of experiences in trading and the fact that they are so willing to share with beginners like myself will make a huge difference to the way my trading career takes shape.”
 
Warren Silver
 
QLD
 
 “…. made four trades which I have submitted to Simon for review. Simon’s reviews were very positive and basically confirmed my analysis which was encouraging. 
 
7.6.04 BSL 15% profit
17.6.04 AWC 1.5% Profit  (although not a big profit I consider this a good trade. The stock performed as I expected from my analysis but the option price did not follow the stock price)   
21.6.04 LHG 28% Profit
1.7.04 NAB 42% Profit.
[Average Profit 21.6%]
 
I have also gone back over all of my past trades and checked them against Simon's indicators. It is very informative. I can honestly say that I am very glad that I enrolled for Simon' seminar and would highly recommend it to any serious student.”
 
Michael Hemphill,
Wagga Wagga
 
"The course was a complete success for me. Simon is very relaxed in his presentation which helps the info flow."

Adam Dobson
 
"Simon has given me a whole new way of looking at the market. I truly feel that my trading will turn around. I’m sure that the next few months will prove exciting and profitable."

Simon Blackburn
 
"I believe that the info I now have will take me to that level that I wish to be at. "

Darren Johnston
 
"Simon’s track record and deep understanding of market forces in technical analysis are fascinating."

Yuri Sokol
 
"Very beneficial to my trading. Looking forward to learning and implementing Simon’s strategies."

Geoff Hudson
 
"A very informative and inspiring course. Not only am I excited with the indicators to use, Simon’s overall view on the psychology of trading and his reference to his life experiences have put me into a better frame of mind to continue my trading."

Wayne Markham
 
"I at first was afraid that these courses would conflict with Kim’s teachings…pleased to see that it will complement my previous learning."

Rajeshar Lala
 
"Great stuff. This should ease my confusion of why I should or should not be in a trade."

Prem Shetty
Sydney
 
"Simon’s methods are original and unique. He has put things together into a solid system and I look forward to applying his methods."

Oscar Lee
 
"I got good nitty gritty info."

Peter Bryne
 
"Fantastic. I now have additional ways to look at trading with indicators that have been well explained. Far more confident that I can be successful at trading.”

Tom Furner,
Doncaster, VIC
 
“Thanks Simon you put the icing on the cake. I love trading and you have given me a plan that will allow me to do it for a long time.”

Danny White,
Mt Tamborine, QLD
 
“Simon is an entertaining speaker and was able to provide a huge amount of knowledge. This is definitely a new level to my trading.”

Kylie Russell,
Moroopna, VIC
 
“I was highly impressed with the combination of simplicity and potential results of Simon’s system. It is up to me now to implement them successfully. Thank you Simon!”

Pavel Sluka,
Melbourne, VIC
 
“Simon, thank you for your presentation. Your holistic approach to life and subsequently to trading gives my approach to trading a whole new perspective….”

Bill Teggelove,
Echuca, VIC
 
“I feel the cpurse has brought my life and trading life into a higher level! Thank you!”

Sarah Turnbull,
Yallambie, VIC
 
“Excellent program that was well presented. Simon’s style, I find, is effective and entertaining. The approach by Simon is a ‘whole of life’ approach which, I believe is both fundamental and essential to succeed as a trader”

Kurt Maybus,
Wallan, VIC
 
“…I look forward to coming back again and again to work with Simon.”

Sam Sapuppo,
Kew, VIC
 
“Could be used as an extension of the ‘Kim Reilly” type course”

Allan Abbott,
Berwick, VIC
 
“An excellent course. Have learnt extra parameters to refine my trading. Especially enjoyed the psychology and putting life into perspective”

Marg McDonald, Warrnambool VIC
 
“I love Simon’s objective method of trading (as objective as you can be anyway). Thank you Simon.”

Jalna Simonds,
Atherton, QLD
 


The danger of sitting out trades when using a system by Stephen Jennings

The Danger of Sitting Out Trades When Using a System

by Stephen Jennings
 
Stephen Jennings is Head Strategist for Elite Day Trading Mastery – Live Trading Room (Click here to watch a ten minute video on Day Trading by Stephen Jennings)
 
I have often said that I could give everyone my trading systems and it would do them no good.
 
Let me give you an example, I can show you a trading system that picks the direction of the market correctly 60% of the time. On winning trades that system shows a profit twice as large as the average losing trade. Now in anybody’s books that is a great system.
 
There is more. That system gives traders an average of 13 trades a day. Again on average the system produces between $800 and $1000 (net after all costs) each week.
 
WOW! That’s a great system!
 
I can hear you say “Gimme, Gimme, and Gimme!” Who wouldn’t?
 
Let me tell a couple of other things about the winning trading system. The system can produce a run of 7 losing trades in a row in any given month. Now let’s deal with this, that is 7 losing trades in a row, how do you think you are going to feel after 7 losing trades in a row?
 
It’s hard to take the next trade after 3 losing trades but this is systems trading, you must take every trade! If you don’t take all trades you will not be in line for the run of 10 winning trades; which also happens once a month. It is hard to keep trading during a run of losses and after each successive losing trade it gets harder.
 
One of the comforts of this trading system is that the losing trades are small and it is important to understand that keeping losing trades to a bare minimum is the most important step in becoming a profitable trader. When designing trading systems I always seek to limit the average losing trade over a large number of trades. If we can set a limit on the size of losing trades we don’t have to worry about losing trades anymore. We know what size our losing trade is going to be in advance so if our trade turns into a loser it will never be an unexpected amount. Certainty of return as determined by these rules helps to create confidence in the trader.
 
It helps to have a broad vision of time and activity. Traders know that they are not going to lose all their money in one trade, nor are they going to make a retirement fortune on one trade.  Think of the next trade as the first one of the next one-hundred trades.
 
Going back to our trading system, that system will produce an average of 13 trades a day or 65 trades a week. As the system picks the market direction correctly 60% of the time that is about 8 winning trades a day or 40 winning trades a week. Unfortunately they don’t all come at the same time. It also means that on average 5 losing trades a day or 25 losing trades a week.
 
Traders must understand that no matter how hard you try you cannot tell which trades are going to be winners before you take the trade. Trading is about taking a position and then managing your risk.
 
Taking a position means buy or selling according to your signal, if you buy into a market you expect the market to rise and if you sell into a market you expect the market to fall, pretty simple really. Opening a position is the easy part. Exiting a position is a little more complicated not that we worry about a trade turning bad because if it does we get out very quickly. It is the profit-taking that complicates matters. The question is always “Where will I take my profit?”
 
Keep in mind that you must keep your losing trades limited to the pre-set value and never take a loss greater than that which is set. Having preset loss limits enables us to look at ways of maximising our profitable trades. I recommend clients have a minimum profit expectation of twice the average loss value before taking in a trade.
 
Trading a system requires a trader to take all trades. It is easier when you know in advance that any loss will be limited to a known amount so that there is no ‘surprise’ factor. It is a matter of taking a position and then managing the correct exit.
 
Stephen Jennings
 
Stephen Jennings is Head Strategist for Elite Day Trading Mastery – Live Trading Room (Click here to watch a ten minute video on Day Trading by Stephen Jennings)

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Copyright © 2009 Universal Trading Solutions Pty Ltd All Rights Reserved.

Universal Trading Solutions Disclaimer

I understand that: The presenter/s and authors of this information are not financial planners, advisors, registered accountants, or financial professionals and do not hold an Australian Financial Services License (AFSL).  The information presented is based on personal experiences of the presenter/s as an entrepreneur, consultant, coach, trader and investor and on the experiences and lives of others he has modeled in detail. The model that is used is designed for me to do further research or adapt to suit my personal financial situation. The Australian Securities and Investments Commission (ASIC) suggests that if I require financial information I contact an AFSL holder.  More information can be gained from the ASIC website:  www.asic.gov.au Any information is given purely as illustrations and should not be construed as specific investments recommendations. The laws relating to investment, taxation, benefits, and the handling of money are constantly changing in government policy. So, while every care has been taken to ensure the accuracy of the material contained, here in, the authors will not be responsible or liable for any action taken by any person, persons or organizations, on the purported basis of any information contained on this website or any notes provided to me. Without limiting the generality of the forgoing, no person, persons or organisations should invest monies or take other action on the reliance of the material contained herein but instead should satisfy themselves independently (by seeking expert advice of an AFSL holder) of the appropriateness of any action. If any particular stock is mentioned it is for illustrative and educational purposes. An example is never to be seen as a recommendation of any type. By using this website I acknowledge that any example or testimonial provided may not be typical of results I may attain.  I further acknowledge that none of the presenters or staff of Universal Trading Solutions shall be (i) held liable for any decisions or actions I may take, and (ii) I indemnify Kim Reilly, Universal Trading Solutions Pty Ltd; staff and presenters of Universal Trading Solutions; resellers and commission agents of Universal Trading Solutions; against any future actions, losses, expenses, and legal costs, for myself ,or any outside party I may provide information to, of any of the information of any product I purchase. All materials and teachings provided in any product including, but not limited to, Workbooks; charts; intellectual property; computer images; verbal teachings; electronic postings and email correspondence are the copyright material of Universal Trading Solutions. I agree that I will not use or divulge any of the accepted copyright material to any unauthorized party, whether for business or personal use, without the express permission of the Managing Director of Universal Trading Solutions. Failure to do so may facilitate legal action and maximum penalties available in my country of domicile.