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Viewing 16 posts - 1 through 16 (of 16 total)
  • Perry
    Participant
    @perry
    Join Date: 2003
    Post Count: 17
    August 16, 2005 - 9:53 am

    Hi WayneL and Nat,

    Okay lets all end this in an up lifting note….what can a newbie trader like learn how to become a masters of the market. So far you have highlighted the pitfalls as all people new to the markets should be aware of.Thanks

    Whats steps can i take to become a better trader?

    i have been trading for 1 year now.So far these are the steps i have taken.

    I have back tested my trading system for 10 years for 2 stocks. i I keep diary which i keep my trades in and i take down all details of the trades. I intimately know the persoanlity quirk for each stock so i only put trades of the highest probability.

    I’m aware of all my trading system win loss ratio, % loss % profit and all my trading system statistic. Which i have manually backtested my self and automatically tested with software.

    I have found a mentor to guide me whom has 30 years experience in the financial markets and we mostly focus on the physcology of trading and who is always a phone call away.

    What steps Wayne and Nat can i take to my trading to the next level?I just know it trading i want to do please help!

    Cheers,

    Perry

    One who ask a question remain a fool for 5 minutes;One who does not ask a question remains a fool forever.

    Perry
    Participant
    @perry
    Join Date: 2003
    Post Count: 17
    August 13, 2005 - 1:49 am

    Hi,

    Yes i have alot of respect for WayneL as money manangement and physcology is extremely important in trading which he has covered extensive. Fascinating read! No i just want to thank Jamie for putting me on this path. If it’s not for him i would have thought trading was extremely risky, you can’t make moeny from the markets and lots of false that i may have. He has opened up my mind rather then closed it which all my uninformed relative and friends do.

    Cheers,

    Perry

    One who ask a question remain a fool for 5 minutes;One who does not ask a question remains a fool forever.

    Perry
    Participant
    @perry
    Join Date: 2003
    Post Count: 17
    August 12, 2005 - 8:12 am

    Uhmm oh just because i’m a graduate doesn’t mean i have to support him 100%. Nat is right i reckon he should just comply!I can have my own opinion right?

    Oh yeah….i see that the many site of Jamie can be off putting…..i believe at the moment he is teaching ppl how to make money from the internet through OR better known as Internet marketing where you earn passive income from selling products or become an affiliate etc like googlecash. Those ppl with so many website of offering Jamie product are Affiliates…i haven’t added internet marketing as one of my skills yet so i can’t comment much.

    Cheers,

    Perry

    One who ask a question remain a fool for 5 minutes;One who does not ask a question remains a fool forever.

    Perry
    Participant
    @perry
    Join Date: 2003
    Post Count: 17
    August 12, 2005 - 8:02 am

    Hmmmmmm yeah Henry you did make some good points and Nat as well.I see both your POV now and understand where you stand. I’m just happy i have learnt a skill that will carry with me forever and I have a lifetime skill i’m honing to make me another source of income…..i’m happy and i thank Jamie for it and i owe him alot for it. Hmmmmm what i reckon is that Jamie should just do what ASIC wants and avoid all that publicity. Just get the liscense then there is no problem =) You guys have a nice weekend!

    Cheers,

    Perry

    One who ask a question remain a fool for 5 minutes;One who does not ask a question remains a fool forever.

    Perry
    Participant
    @perry
    Join Date: 2003
    Post Count: 17
    August 11, 2005 - 11:50 am

    Hi,

    I have actually done Jamie’s course and thanks to him i have now the new found knowledge in making money in different types of conditions.

    All that Jamie did for me was explained the options maket in such a way that it over came my fears of the options market through simple language that was easy to understand. Uhmmm after learning jamies course i went to the local library and started reading any books about options and attended the ASX course to further edcate myself.

    So yes what Jamie teaches do work. Is it a get rich quick scheme No not really as really you have to do abit more work study and paper trading and that may take 6 months to a year.So pretty much you have to be commited. The strategies are are simple to understand But to implement need alot more thought about market direction.

    Hmmmmm what i dont agree with Jamie is that its about time he just sit the test and jump through the hoop like veryone else and just get the liscense =P. What i have learnt in life is that if you want to play the capitalist game you have to play by the house rules and the house ALWAYS win. You don’t want to play by the rule then dont play the game at all. ASIC is after Jamie becoz he wont play by the rules thats all.

    Regards,

    Perry

    Cheers,

    Perry

    One who ask a question remain a fool for 5 minutes;One who does not ask a question remains a fool forever.

    Perry
    Participant
    @perry
    Join Date: 2003
    Post Count: 17
    April 13, 2005 - 4:58 am

    The ASIC liscence??? pffft! How many University professors do you know that’s finacially free? Was my University professor there when i was stressed out trying to get a job? Was my university professor there to help me when i lost my job? Give me a break Nat.The license means jack all. Only real life experiences works in the real world my friend. “Everyone needs to jump through the hoop” give me a break…. because they are a bunch of sheeps! The 95%.

    Cheers,

    Perry

    One who ask a question remain a fool for 5 minutes;One who does not ask a question remains a fool forever.

    Perry
    Participant
    @perry
    Join Date: 2003
    Post Count: 17
    April 13, 2005 - 3:30 am

    Yeah I agree with Nat comments. Get Jamie’s free DVD the do lots of research. After reading Jamie’s material i went to the library and started borrowing books about options and i was surprised that i could understnad those books after understanding jamie’s teaching. From there I’m would i spoke to ASX and brokers, paper traded before live trading. Nat just doesn’t like him because he names covered calls strategies “renting share” as she reckon its misleading but what she doesn’t realise technical terms scares more people then open up their minds.

    Cheers,

    Perry

    One who ask a question remain a fool for 5 minutes;One who does not ask a question remains a fool forever.

    Perry
    Participant
    @perry
    Join Date: 2003
    Post Count: 17
    April 13, 2005 - 2:53 am

    Hi,

    I have been doing seminar for 1 year now and its the best education you can get. Jamie explains the options market and simple everyday language that you can understand. After reading Jamie’s material i was no longer afraid of options. I then went and did further research and learned from ASX and spoke to the Brokers and was able to them in their language with option terminology.If i never seen Jamie’s course i would have never traded options as all my uncles etc would tell me options are risky when in fact they aren’t really educated themselves….in fact they are repeating what their financial planner told them.

    Learning from jamie and steve has given me control of my life. I lost my job b4 as a Chemical Engineer in alarge oil and gas firm due to mass reduncy. I now know how to make money whether i have a job or not and i’m so grateful for this.

    Regards,

    Perry

    Cheers,

    Perry

    One who ask a question remain a fool for 5 minutes;One who does not ask a question remains a fool forever.

    Perry
    Participant
    @perry
    Join Date: 2003
    Post Count: 17
    April 11, 2005 - 4:03 am

    What ever Nat![blink] you have been avoiding my questions about what would happen if ASIC investigated Steve because you have just shot your own foot.

    Cheers,

    Perry

    One who ask a question remain a fool for 5 minutes;One who does not ask a question remains a fool forever.

    Perry
    Participant
    @perry
    Join Date: 2003
    Post Count: 17
    April 11, 2005 - 2:05 am

    WHat the heck? What do expect my friend to do huh? Save his ,oney in the bank and earn 5% on his interest? What a good person you are!!! He scared off investing in options because of the lousy ASX course because of ASIC, he also scared investing in property because of Jenman and ASIC.
    And its people like you who wants to keep secret to themselves and be rich alone PITY ON YOU!

    Maybe ASIC are just having a slow month and need to meet their quota?

    If so, I know a few celebrities who are handing out footy tipping advice that I can dob in! If I used their *expert* advice and recommendations and placed bets on at the TAB (based on that advice) I might lose some money!

    So maybe they should start investigating all the radio and TV footy experts to see if they have a Financial Services Licence and that they are making appropriate disclaimers that their tips are meant to be general investment advice and not based on any knowledge of my personal investment goals, risk profile. etc.

    That means just about every TV, radio station and newspaper must also be responsible for those recommendations as they publicise that advice!

    This must be stopped – ASIC save me from these evil tipsters before I go broke! Every expert except 1 backed Port to win today, yet the Crows thrashed them soundly 124 to 56! None of the information I read and hear warns me NOT to place any bets based on the advice given,

    eg;
    http://afl.footytips.com.au/cfm/ft/engine/engine.cfm?r=451162652765&L1=Results&L2=Results%2ECelebrityTippers&Finals=0&SportId=1&forround=3&Tips=1

    Ok, so that was typed tongue-in-cheek, but if you think it through, isn’t there a risk that ‘Joe Average’ will read the footy tips from high profile & successful (top of the tipping ladder) celebrity experts and figure placing a bet isn’t such a risk? After all, these people are in the AFL so they must know what they are talking about surely?!?

    Personally Robbo, I’d be inclined to lodge complaints about every situation like this we can think of before complaining about ASIC directly.

    After we complain about footy tipsters, we can take on the ‘Johnny Tapps’ and the rest of the racing industry that have a ‘hot tip in race 7’, and after that we can start on those darn careers counsellors that recommend people take jobs that they later find out are in oversupply and don’t pay enough (and don’t take their financial objectives in mind). What about the weatherperson that tells you it won’t rain on the weekend (but it does anyway), AND you don’t catch any tommy ruffs where you were told they would be biting (causing you to lose money on the hire of a boat and bait). I’m sure the list is endless.

    Cheers,

    Perry

    One who ask a question remain a fool for 5 minutes;One who does not ask a question remains a fool forever.

    Perry
    Participant
    @perry
    Join Date: 2003
    Post Count: 17
    April 10, 2005 - 5:44 am

    What the??? Nat r u working for ASIC? ASIA has tried jamie one year ago!!!! They couldn’t convict him because he was innocent! They are now wasting our tax money chasing him again! Are you saying ASIC should go after Steve as well? They are both in the same industry! Man the ASX course sucked i did it and i couldn’t understand anything about option at all due to all that tecknical jargon BS. Jamie had the ability to explain option is everyday language not all that BS about delta gamma etc. My friend did the ASX course on option was more frightened about option then embrace it…he told me it was TOO confusing!!!!!

    Cheers,

    Perry

    One who ask a question remain a fool for 5 minutes;One who does not ask a question remains a fool forever.

    Perry
    Participant
    @perry
    Join Date: 2003
    Post Count: 17
    April 8, 2005 - 7:08 am

    ASIC is just <angry> that they couldn’t proof Jamie is guilty in their earlier attempts so they are looking for new excuses to bring him back to court. Don’t worry he will be back. People like Steve Mcknight and Jamie who are teaching ordinary Aussies how to be financially independant God Bless Them. ASIC should do their job properly and target Jenman.

    Regards,

    Perry

    Cheers,

    Perry

    One who ask a question remain a fool for 5 minutes;One who does not ask a question remains a fool forever.

    Perry
    Participant
    @perry
    Join Date: 2003
    Post Count: 17
    September 23, 2004 - 6:57 am

    Hi Peter my name is Perry , a Chemical engineer working for an oil and gas firm and this year I’m 24. I have read your fantastic book wealth magic a year ago and is now starting to implement your strategy or your way to wealth. At 24 I’m not a millionaire yet but I will get there. May I ask you what’s the life of a millionaire really like? Being wealthy does it give your life a lot of excitement? I’m quickly climbing my way to the top but what’s the view like up there?

    Cheers,

    Perry

    One who ask a question remain a fool for 5 minutes;One who does not ask a question remains a fool forever.

    Perry
    Participant
    @perry
    Join Date: 2003
    Post Count: 17
    September 22, 2004 - 7:50 am

    “Once I complete my next book on shares and options my entire strategy and probably more content than can be covered in my seminars will be in the books and available for less than $100.”

    Hi Peter,

    Just a quick question….when will this new book be release to the Australian public?

    Cheers,

    Perry

    One who ask a question remain a fool for 5 minutes;One who does not ask a question remains a fool forever.

    Perry
    Participant
    @perry
    Join Date: 2003
    Post Count: 17
    September 25, 2003 - 12:55 am

    Hi Chris,

    That information would be great~! Can you please email it to me? My email address is

    [email protected]

    Cheers,

    Perry

    One who ask a question remain a fool for 5 minutes;One who does not ask a question remains a fool forever.

    Perry
    Participant
    @perry
    Join Date: 2003
    Post Count: 17
    September 15, 2003 - 5:45 am

    Thxs Hunter and Investron,

    Your answers were really helpful and straight to the point. Thxs Investron, i now know how to take into account vacancy periods when doing my calculations.Thanks guys.

Viewing 16 posts - 1 through 16 (of 16 total)