Super Stock Picker.com - Get 13 years of wisdom in long trading for free
Welcome back!
This interview features Christophe Leconte of SuperStockPicker.com. Christophe is no newbie when it comes to long trading strategies, with over 13 years of hands on experience. He was drawn into the world of trading through his passion of economics and went onto gain a vast amount of knowledge in the stock markets of Paris, Brussells, Toronto and the US Exchanges.
SuperStockPicker.com has been running for 4 years now and during this time Christophe has also worked on other trading systems and other types of investing such as options.
Christophe claims his biggest success and sense of acheivement is indeed his FREE service at SuperStockPicker.com where he has many visitors who enjoy learning directly from his advice that he posts regularly at the site…
Question: You’ve truly established yourself as an expert in stock trading on a global level, but there are probably many people on the call listening in thinking “Sure, that’s all well and good but how can a somebody like me get a break into this stuff and isn’t it a dangerous time to be getting involved in stock trading with all this recession talk?”, what would you say or what advice would you give to those people?
If people are playing the long side only, my current advice is to stay CASH. We are obviously is a very strong down trend and there’s no sign yet of any strong bottom or a recovery. Don’t buy now just because it is cheap. What is cheap in the stock market can get a lot cheaper.
Then, particularly when the market is crashing it is very important not to trade emotionally. I think that is the golden advice from seasoned traders: “Never trade with emotions”. The best way to achieve that is to follow a proven method and to apply it without second guessing it.
Question: What made you decide to get into trading originally?
I came to trading by passion. And then, after gaining some experience and making my share of mistakes, I found that I would need a hard coded system to prove if my ideas were valuable ones or not. This has lead to the creation of Super Stock Picker, the website on which the results of my trading system are exposed for free.
Question: And at that time, what would you say were your biggest challenges or things that worried you the most about your situation?
I was the most worried when I was not following a system yet. At that time, I was still wondering if my next trade would be a good or a bad one. The problem was to be able to repeat the good picks and avoid bad choices.
As long as you have not defined your strategy yet, you could be looking for a new technique everyday. They are so many available. Each time you find a new one, you have to wonder if it can work, if you are able to apply it properly. Even if they are good trading strategies, your first tries can show poor results, but it does not mean that it is not working over the long term.
I think that could lead you to one of the worst thing to do in trading, i.e. continuously changing your trading strategy.
Question: What are the biggest mistakes you see people making when trying to trade or invest in stocks?
First, they come to the market with the wrong mindset. You’re not trying to buy a car and your focus is on getting it cheap. You are looking for an asset that will take value over time. It does not need to be cheap to generate profits.
The same way, people tend to try guessing the market direction. Definitively, not an easy thing to do. You’d better following what the market is doing.
Also, I see people being very inconsistent with their trading strategies, mixing a lot of them, or changing them all the time so they don’t know what has worked or not.
Last big mistake is the use of leverage and taking exposure to way too much risk in a totally uncontrolled way. That leads to disaster very very fast.
Question: If you suddenly went back to square one overnight and lost all your money, what would you do differently than when you first attempted to trade and become financially free?
I would start following a strict system from day one even if that can very boring (no need to rethink the trades, you can do no trades at all for long periods of time like now, etc…)
Question: Many traders I speak to speak about how enjoyable it is to be a trader, in that it’s actually FUN. But from the outside, I imagine many people perceiving the stock trading world as a cut throat, aggressive business to be in. What are your thoughts on that and how can people make it fun, so to speak?
What is sure is that trading does not need to be stressful or to involve too much emotions.
Depending on which system you follow, you be trading only a few minutes a day. It could be as easy as putting your orders at market prices on open. Not a lot of stress involved there. Then, you have a lot of time available to do something else.
There is a lot of work involved in building a trading system, but once that is done, or if you follow someone else system’s, the fun is in following it and doing something else at the same time.
Also, it could be pretty fun to reap the reward when the trades turn to a nice profit. And there is no more stress when bad trades happen as they are trimmed by the system. You also do not have any personal involvement in the bad trades, which could otherwise be something turning down a lot of traders.
Question: What are some of the most common questions you are asked about trading stocks, and could you provide some answers to these questions?
The questions we regularly receive are mainly due to the fact that people are not used to trade a strict system. They wonder why we pick some losers. They are also surprised that we can sell a stock that is still going higher in price. Sometimes, they don’t understand why the system produces such a volatility.
Well, all these questions are answered by looking at the history of our portfolios. The system has been design to react always the same way to the market, and it will tend to repeat it past behaviour.
All systems are not designed to picks 80+% of winners. Our systems are not. We get 60+%. People are very often looking for a magic solution to pick always winners.
I’m sorry, but I don’t think that exists. Long term performances tell much more about the system that a few good or bad trades.
Even if you’re not following a system, your own way of picking stocks will also lead to good and bad trades. And do not forget that even if you pick a low number of winners (# 30%), you can still enjoy nice return if you ride these winners properly and cut your losers very quickly…
Question: I know that you deal with many trading techniques and your website www.SuperStockPicker.com offers a lot more advice, can you tell us a little more about what you offer over there?
On www.SuperStockPicker.com, we expose all the results of our trading systems.
We provide all the historical information about our portfolios, which are divided in three families: Price Momentum, Low PEG Ratio and Earnings Estimate Upgrades. When visitors register, they receive the picks in their mailboxes the evening before the day we recommend to trade them. Also, we are preparing a market timing indicator that will help to know if it is a good time to be exposed to the market or not.
Finally, we host a forum which is used by our members to share their experience with our system and the stock market as a whole.
Question: Finally, your website www.SuperStockPicker.com obviously deals with all of these issues and techniques in much more detail and is something people might wish to consider if they need a system to follow to become a successful stock trader…
…But could you explain to the listeners what specifically makes your services over at www.SuperStockPicker.com any different to the numerous other programs out there in the industry?
We are FREE. Yes, access to all the information and services on our website is free. I think that is the main difference that makes us so different from the crowd. That allow people to track us as long as they want before committing some money in our strategies. You don’t need to pay first to see if it works, and that’s quite an advantage.
Also, our portfolios show exceptional returns. Our Price Momentum portfolios can get in the order of 100% of annualized return since inception. Well, that is the case in bull markets, as the latest crash has shown the need of a timing indicator to protect that growth when the market plunges. That’s why we are working on providing a timing indicator as well soon.
The latest difference is that we are currently dealing only with the Canadian market, more specifically, with the Toronto Stock Exchange. We could add more markets in the future, but at the current time, we are 100% Canadian.
We are free for life. You’ll never have to pay anything to follow us. And that’s what we are proud of: you can see everything about us in order to decide if you like what we do or not.
Question: And if people want more information, you have a newsletter that they can check out, what sort of content will they get from the newsletter?
What we send by email are the same orders as the ones that will be executed in our portfolios. So, if they register, they will receive those emails every evening and they are able to trade them in the next trading session. On our side, we record the close prices of this next trading session.
And when our timing indicator will be ready too, its value will show up in the email as well.
If interested, you just have to visit http://www.SuperStockPicker.com/free.php to register for free.
//end of interview
Jutia Group.com - Investing Stocks The Smart Way
This interview is with Stephen Oakes of JutiaGroup.com who talks openly about what it takes to be a successful trader and/or stock investor. Stephen has many years of financial experience and his well balanced money management skills enable him to help other traders who visit his website to become highly skilled stock investors.
Stephen’s knowledge is broad and expansive and his website JutiaGroup.com is testament to that, with a wide array of specific advice for traders and investors of all levels. This is why Stephen has been popular in the local and national media, from radio, TV to print.
Make sure you sign up for his newsletter by clicking HERE and feel free to check out his website for more info on how to invest smart, following his well practiced techniques that he has developed over his career.
Additionally, you can get some sound stock investing articles fed directly to your mailbox by signing up for his superb (and totally free) article feed by clicking HERE
RsOfHouston.com - Award winning trader brings us proven, stress free trading
In this interview, Valdi Thorkelsson delivers an extensive interview that covers so many critical aspects of successful trading, from mindset to technique and everything in between. Valdi co-runs RsOfHouston.com which delivers lots of material including their own free newsletter right through to personal coaching.
Valdi clearly show us in this interview how he has reached the point of being able to provide sound advice for many students worldwide, but what’s more reassuring is how anyone can effectively do the same using his techniques.
Valdi has a lot to offer right up front, so we can only imagine what is on offer over at his website RsOfHouston.com whether free or paid, or both. With the typical stressful image of stock trading now thrown out of the window, it’s time to learn from a trader who takes a refreshingly relaxed approach for both himself and his dedicated students. Make sure you don’t miss his material, by signing up to his newsletter below:
Win-At-Trading.com - Former Doctor Explains How To Exploit The Stock Market The Right Way
This interview features Jeff Wilde of Win-At-Trading.com who has been trading since 1990, who is not only self taught but knows a vast amount of techniques and markets, from options to commodities and everything in between.
In this call, Jeff shows us his current strategy and what you need to know to make huge gains with your own stock trading endeavors.
I really enjoyed speaking with Jeff, as he gives the whole stock trading and investing world a far more fun feel whilst being able to keep control of stress and impulses, leaving a level headed yet fine tuned approach to stock trading that can deliver huge profits even on a part time basis.
Jeff has clearly much advice and help to give, so make sure you sign up for his free newsletter below and be sure to check out what he talks about over at his website Win-At-Trading.com , I’m sure you’ll find it worthwhile. You can also get specific answers and more content at AskJeffWilde.com. Enjoy!
Finally, you might want to sign up for Jeff’s free newsletter here:
|
-Free Weekly Forex Market Forecasts- Ever wish you had a crystal ball to know where the market is heading? Sign up for our free Weekly Market Forecast Newsletter and get our latest analysis which will tell you where the four major currency pairs are most likely going to turn next. This will prove to be an invaluable asset in your ability to pull larger profits from the market. Sign up now, while its still free!
|
JasonKelly.com - Smart Investing From Best Selling Author
This interview features the colorful Jason Kelly of JasonKelly.com who gives us some sound advice spanning from mindset to specific trading details. Jason covers a lot of aspects of successful trading and clearly shows us why he’s a person worth listening to when it comes to money management, after becoming a best selling author of financial related publications right through to developing his own unique system to successful investing online.
His website JasonKelly.com takes people of all walks of life into the world of investing wisely, where the name of the game is all about long term profits through level headed investing. I particularly enjoy Jason’s “let’s make this simple” attitude.
Even though Jason’s website deals more specifically with investing as opposed to trading, he clearly knows both sides of the coin and this makes for an interesting and entertaining interview with a seasoned trading pro.
Silver-Investor.com - Save yourself 40 years of trial and error trading stock
In this interview, I managed to speak with David Morgan of Silver-Invesor.com . David began trading around 15 years of age under the Uniform Gift to Minors Act and has been trading stocks ever since, which makes him speak from 40 years of pure trading experience. However he would like all readers of this interview to know that he is far from perfect but has had great success overall, learning almost all his mistakes the hard way– by losing money first. With such experience, this written interview is definitely worth your time to learn what would otherwise take 40 years to find out the hard way…
Question: Now clearly you’ve truly established yourself as an expert in stock trading on a global level, but there are probably many people on the call listening in thinking “Sure, that’s all well and good but how can a somebody like me get a break into this stuff and isn’t it a dangerous time to be getting involved in stock trading with all this recession talk?”, what would you say or what advice would you give to those people?
I have been very consistent here, I advise everyone to start with the real metal first before they ever put a penny into the resource stock sector. So, to start — get real, buy real. You begin a metals portfolio with real metal first.
Question: What made you decide to get involved in stock trading originally?
I was fascinated with money as a kid, the United States went off the silver standard when I was 11 years old and I could not understand how a zinc coated copper token could be equal to a 90% silver coin. That started the quest and I am still on the journey to teach and empower people to understand the benefits of an honest money system. I saw the opportunity to own part of a business through the stock market and began trading at an early age under the Uniform Gift to Minors Act which allows you to trade before reaching 18 years of age.
Question: And at that time, what would you say were your biggest challenges or things that worried you the most about your situation?
Not wanting to lose money, and how to gain an edge on the market. Also being around 15 years old when I first entered the stock market I felt age was a factor as well.
Question: What are the biggest mistakes you see people making when trying to trade or invest in stocks?
Not knowing themselves! If they can only accept a 10% loss then set a stop at that level. If they think they should be in a sector for the long term then stay with their plan. If they are wishy-washy then find out what personality flaw they have, because if they do not the market will exploit it.
Question: If you suddenly went back to square one overnight and lost all your money, what would you do differently than when you first attempted to trade and become financially free?
First, I don’t think I can lose ALL my money because I have real money, gold and silver and this is the only true money for 5000 years of human history. If I lost all of my stock market money, I would determine how it happened. Once I determined that fact I would change my trading in accordance with that principle.
Question: Many traders I speak to speak about how enjoyable it is to be a trader, in that it’s actually FUN. But from the outside, I imagine many people perceiving the stock trading world as a cut throat, aggressive business to be in. What are your thoughts on that and how can people make it fun, so to speak?
Like most things in life it depends upon your attitude! If you have a very serious attitude about life in general then it will carry over into your stock trading. If you approach life with an open and grateful attitude you can usually accept your mistakes and move on to be successful and have fun doing it.
Question: What are some of the most common questions you are asked about trading stocks, and could you provide some answers to these questions?
What is the correct ratio to hold in metals and mining stocks.
Unfortunately, there is no perfect answer because people vary so much. Some can accept a great deal of risk and others can barely tolerate any. Generally, I teach people should have at least ten percent devoted to the precious metals. For the past several years I have moved that up to 20%. This is roughly divided half and half between real metal and mining equities.
For example: If once had a net worth of 200K then 40K would be twenty percent. Ten thousand would be in gold and silver divided equally for someone 50 or older, and favoring silver if the person were younger. In the mining allocation is would be the ten thousand divided with $8000 in top tier, cash rich unhedged mining companies, and the other $2000 in speculative issues. This is a general outline, but it gives a clear idea of how I divide the risk to reward profile.
Question: I know that you deal with many trading techniques and your website Silver-Invesor.com offers a lot more advice, can you tell us a little more about what you offer over there?
We offer the basic newsletter, special reports, videos of some mining trips, audio files, alerts, updates, special discounts, reports on specific companies, white papers and other material that slips my mind presently.
Question: Finally, your website obviously deals with all of these issues and techniques in much more detail and is something people might wish to consider if they need a system to follow to become a successful stock trader…
This is all explained in the file “How to use the Morgan Report” when someone signs up to become part of the “members only” section of the website. There is far too much detail to cover that I could express here. We are all about providing information that comes from over 30 years in this sector.
…But could you explain to the listeners what specifically makes your services over at Silver-Invesor.com any different to the numerous other programs out there in the industry?
Yes, our mandate is to help people make as much money as safely as possible by providing proper research and favoring a better risk to reward allocation.
Question: And I presume you have some sort of guarantee for your product?
It is against the law to guarantee a financial product, but we do adhere to all the legal requirements of our service, full disclosure, if we own a stock or not. We also take and answer a great deal of questions from our members.
Question: And if people want more information, you have a newsletter that they can check out, what sort of content will they get from the newsletter?
They should go to this link and get a free sample, in the near future we are going to offer the complete package for free for a limited time. So be sure to go to Silver-Invesor.com often!
Make sure you check out David’s free newsletter right here:
http://www.silver-investor.com/joinfreelist.html
And to sign up for his Morgan report subscription, please visit:
Condor Options.com - Spreading the risk, keeping the reward
This interview features Jared Woodard of CondorOptions.com, a trader who has over a decade of experience trading options, equities and futures and teaches every day people how to be successful in many different areas of trading, particularly with the safer options strategies that he talks about over at CondorOptions.com
Jared has attracted media attention from The Wall Street Journal, Bloomberg and Stock, Futures and Options magazine in the US. Clearly, a trader who knows how to play the game.
Jared explains how to keep yourself as safe as possible and how and why to approach options trading for some of the most enjoyable, low risk and transparent ways to make a serious amount of money trading in your spare time. Make sure you check out his content packed website and sign up for his free newsletter below to get started risk free…
Investor Rules.com - How to trade stocks with a level head
In this interview, founder and president of LeRiche Enterprises and InvestorRules.com Eric LeRiche talks about how he broke into stock trading over 20 years ago and managed to build a successful trading career from using his specific blueprint to successful stock trading.
Eric explains some crucial points on attitude, mentality and methodical approaches to make a killing in the stock market no matter what the current market is doing, good or bad.
Eric’s insights are truly inspiring and show us how fun and straight forward trading can be when you spread your techniques using a simple yet powerful approach.
Make sure you take advantage of his free newsletter below as his content is free of advertising and cuts straight to the point. You should also check out his site InvestorRules.com if you want a great place to start trading from scratch.
|
The Stock Market Pulse Newsletter Receive a weekly outlook on the upcoming week and many more useful tips to help you stay ahead of the herd. |
TerrysTips.com - How to give away $2 million and still retire happy
In this interview, Terry Allen gives us the insights into a calm and collective trader who not only has a heart of gold (donating $2 million dollars to charity), but also knows how to dominate the market in options trading and will show you exactly how over at TerrysTips.com.
Terry talks about how he lost everything in the stock market and build it back up from scratch. Whether you’re a total newbie trader or an experienced stock market guru, Terry clearly reveals the secrets to becoming a successful trader no matter what the market is doing. A worthwhile listen in anyone’s book…
Options Success.com - How To Trade Options Like a Pro
In this exclusive interview, Peter Shultz of optionssuccess.com reveals some really powerful insights into the low risk world of options trading. After you’ve listened to this interview, you’ll see stock trading in a whole new light. If you’re worried about the recession, you’ll like what you hear in this call. Remember, you can sign up for Peter’s newsletter directly below:
|
|
||
