A ten minute trading strategy that works like a charm. Finding a trading strategy or system that works well in any market condition would be a rare find indeed. Let's look at what people are looking for from their online trading.
Profitable... easy to understand... easy to use... and safe or risk free. Most people just want to do better than what the street is offering.
When people decide to start investing their own money by ways of an online brokerage account, they want to do better than their previous money manager. Whether that was a mutual fund manager, banker or financial adviser, over the last few years the public has lost faith in these professions and many of people are starting to look online for a better way to invest their money themselves.
There are hundreds of investing websites and brokerages that say they are the best or they have exactly what you are looking for. When I question people that are looking to invest I have to admit I never had some one that had a clue. I mean every client I ever spoke with, had no idea what they wanted. "I just want to do better", "What can you get me", "What is a normal return" and other nonspecific answers.
I always tell potential clients to work the equation backwards and choose a simple easy strategy that meets your needs.
What do I mean by that? There are certain things you know and a bunch of things you don't. Most people have an idea when they want to retire, They know how much money they have to work with. They know what their monthly expenses are. Most people have a slight idea of what their ideal retirement plan is.
Now let's look a some key factors that most people don't know that will directly effect their investing plans. The pros and cons to having a financial adviser tend to their money. Giving up control of your cash. Investment knowledge. Time, to learn ... time to invest, time as a compounding component, time in relation to retirement and time to commit to you investing. Risks... risk of doing nothing, risk of bad decisions, risk of loss, risk of being taken advantage of. Investment budgeting... paying yourself first is one thing that people almost never do. Whether it is 5%-15% of every paycheck, you need to pay yourself before anyone one else. Stop putting your future in the back seat, your retirement is coming whether you plan for it or not... pay yourself first. Make a tight home budget and invest the difference. Find a strategy that is easy and become an expert at it.e learned and understood in less than 5 minutes and trading it takes less than 10 minutes a day... as for risk, if you spread out your funds to an easy and managable amount
Just out of high school I decided to be self employed, after running a successful manufacturing business I had a problem of making more money than I knew what to do with. I started investing, after 23 years of investing I now want to share my strategy with a select few that want an extra edge in their own investing.