Stock Market Mastery

Back to the video camera -- As Sunday hit, and the bleak news of Lehman, Merrill and AIG came to light, my first thought was, we're all in trouble. But as the week has progressed, I changed that and asked my favorite video subject, trading expert Bill Poulos, what impact it really has.

Here's his response:
Financial Crisis Doesn't Affect You

Now with yesterday's news, I'm curious to see when people realize that, although the federal government just moved to shore up the financial industry, this does not alleviate many (or any) of the underlying problems in the US Economy, essentially leaving us with three questions:

1. Are consumers going to go on a spending binge just because the government bailed out the financial
whorehouses?

2. Does the creation of a debt-offloading company invite MORE reckless lending (since the saviour will always be there)?

3. Do the moves by the Feds really mean that the recent "tight" credit crisis will suddenly become a "loose" credit era again (as in 2000-2007)?

Many other questions come to mind - but those were the first. We'll get answers soon.

Looking at a chart of the Dow, you'll first see the obvious Head & Shoulders Bearish setup that many had been talking about since late May of this year.

However, extend a chart out - and you'll see TWO Head and Shoulders developed - a short-term (last 12 months) and a long-term (going back to 2006).

The problem?

The Dow just blew through the support line of the short-term H&S (~11000) and is heading toward the next one (~9800) -- but even that line may not offer much support as the last low was (~7500) back in 2003.

Generally speaking the Media are going to frighten you and scare you with big bad stories and 'how low can it go' predictions.

I suggest you tune them out. Why?

See the short video I did with stock trading expert Bill Poulos today to find out...

Crashing the Dow

...had no impact on you whatsoever.

Instead, imagine that you select stocks based on specific technical (or fundamental) information, uniquely applied to cull through the thousands of stocks and narrow down to just a handful of opportunities.

Trading stocks would be easier that way, wouldn't it?

And what would you say if I told you that you could read through some very powerful information right now (and not pay for it) that could help you envision exactly how to turn that idea into reality.

You already know where this is going...

Bill Poulos, a 30+ year trading veteran, yesterday released one of the most extensive stock trading training manuals (for nothing, zero, zip, nada) and he's backing that information up with a series of 5 training videos to help calm nervous traders and investors...

After all, AIG, Citi, Freddie, Fannie, Lehman, Merrill...the list of wasteland stocks is getting a bit lengthy, isn't it?

Of course, the media will only focus your attention on those disasters. They don't bother to feed you the good news (and there's a reason for that, beyond the fact that "bad" news sells and "good" news doesn't).

I invite you to sample this training and see if you agree with me -- this information will help you RIGHT NOW by calming your worst fears about the stock market and opening your eyes to the OPPORTUNITY that exists.

Check it out...no cost, no obligation:

Market Mastery Profit Plans

While everyone ponders what the Fed will do, which way the markets will go, which financial giant is the next to fail, I think an important question, which finally appeared today in a story at Newsweek, boils the financial crises for investors and traders down very nicely:

"But account holders in those two firms [Lehman / Merrill] can ask themselves this other question: Should they be paying top dollar for investment advice from companies that couldn't even keep themselves safe? "

Read that again:
"Should they be paying top dollar for investment advice from companies that couldn't even keep themselves safe?"

Another question is: should you ever be paying for investment advice if you have the capacity to learn it for yourself? Should you be paying for advice from brokers? Are they looking out for your best interests or are they going to be making sure the "firm" is taken care of first?

View the full story here at Newsweek:

Newsweek.com

And then start learning how to manage your own money. Seriously.

You probably woke up this morning to the rather distressing news about...well, surely you've already heard. But here's the thing so many people (including the disaster-loving media) are overlooking:

All this chaos on Wall Street does is create more OPPORTUNITY for you (if you choose to take advantage of it).

Last week I spent time interviewing one trading expert, Bill Poulos, who said the current times are not impossible for people to profit from in the markets; the problem isn't with stocks going up or down -- the problem is too many people simply do not know what to do or how to do it because they're frozen in time.

What do I mean by that?

They're frozen in a time-capsule concept of the post-WWII investing era; Buy & Hold.

But since the dotcom crash of 2000, Buy & Hold isn't working, and it's causing YOUR investment dollars to LOSE oppotunities each year -- and that's due to a number of reasons.

At the time of my interview, Bill intimated to me that he was creating a powerful new trading report (which by the way, he is giving away for NOTHING) that addresses how to PROSPER in today's economy.

In fact, after receiving an advance copy last night, I can tell you that Bill has created comprehensive but easily understood "Recession Proof" Attack Plans that you can use right now to break free of the past.

And he didn't just release a report -- he's also releasing several new TRAINING videos that teach you:

...How to use multiple trading methods to capture potential profits multiple ways.

...Essentials and basics of trading; an A-Z for beginners and intermediates.

...Trading secrets in the "Doom & Gloom" media-era.

...5 Times when you should NOT be trading.

...His step by step PLAN called the OPTIMAL Profit Exit Strategy.

...Simple strategies for swing trading options.

And the most important lesson:

How to become an independent trader without having to spend HOURS scouring the web for stock ideas. In fact, he boils it down to about 20 minutes a night.

I strongly encourage you to get this material -- it's FREE (no cost, no money, no nothing) and it is powerful information. Get it here:

Market Mastery Profit Plans

I posted the link to the worldwide Trading Survey that Bill Poulos is conducting below -- which I found out about while interview Bill during our Mistakes Traders Make series, and I included parts of the actual press release that announced the survey, where Bill said:

"I think many traders are getting scared (due to current market conditions) - but they shouldn't be. That's because there are specific, tested ways to turn "doom and gloom" into "opportunity", especially in the stock market."

He went on to say that he'll be releasing some brand new, free training material soon that shows the best trading strategies, tactics and techniques (and the right mindset) that traders SHOULD be using, but AREN'T.

And, he'll have a new 'insider's report' on how to prosper in the stock market in today's economy. Unfortunately, the only thing he didn't tell me was WHEN he was releasing this information -- so keep checking back, because I will absolutely let you know when it's out.

Here's the survey link I promised you (I don't know if it will be active forever, but it was working at the time of this post).

Stock Trader's Survey

Well, here's the final segment in the five-part interview series between me (Serious Trader) (that's a YouTube name) and Bill Poulos -- Bill announced that he's conducting a worldwide Trading Survey on the 'net to get a better understanding of the hurdles trader's think they're facing in the markets today (and tomorrow).

This last part of the interview was one where if you've ever lost money in the market, you'll hear what Bill says and start nodding your head and say, that's me! Here's the link to part five.
Mistakes Traders Make Pt 5

Like this line: "I'll hang in there a bit longer" -- have you EVER said that while holding onto a losing stock? I know I have...it's a shame that that ends the series for Mistakes Traders Make.

Bill said he's going to be releasing more free training material soon -- I have to admit, I can't wait.

I'm still amazed at this ongoing mini-series of interviews between me (Serious Trader) and Bill Poulos -- the questions are really going to the heart of what a lot of traders just don't get. Take for example the fourth part in the Mistakes Traders Make series --

Mistakes Traders Make Part 4

Bill talked about how traders don't take profits when they should, and how they leave a ton of money on the table by getting out when they shouldn't.

It's all part of not have a trading method, according to Bill. And that's a follow up to the last segment, where he talked about the need to have and stick to a trading method and its rules. I know I've made the mistake of bailing out too early on a trade and I know for damn sure I've made the mistake of letting my trade run when the market was against me (after being in the money, mind you).

This really hits home; I mean, when a trader like Bill really understands HOW we make mistakes and WHY we make the mistakes we do when trading, it solidifies my opinion that Bill is an expert trader, wouldn't you agree?

The next segment will be the last for the series, but I honestly hope it isn't the last from Bill. This has been great stuff.

You'll know when it's out.

This is incredible -- I can't believe I just threw this stuff up on YouTube -- this is free, easy to understand teachings from a real trading mentor.

I'm talking about the continuing interview series between me (Serious Trader) and Bill Poulos on the Mistakes Traders Make and the next segment was on not having a trading plan or a trading method.

Click here to see the YouTube video:

Mistakes Traders Make Part 3

Bill is really insightful -- you know what I was thinking about afterward? How we spend so much money on general education and college so we can just 'get a job' and yet, how much do we really invest in ourselves to learn how to 'get a life'?

I mean, who wants to be working when they're 75? Go ahead, raise your hand if that's you...because me? I want to be on the French Riveria, or in Paris, or skiing the Rockies...the last thing I want to be doing is pouring some 20 year old's grande non fat decaf vanilla cappuccino...if you know what I mean.

I'll shout out when Part Four is up...at this rate, I may even scream.

Wow. Just wow. When I get to hear someone talk about trading, and it's clear they know what they're talking about, I have to admit, I get chills.

I just uploading part two of the interview series between me (Serious Trader) and Bill Poulos on the topic of Risk Management. It's really clear Bill gets it -- he really understands stock trading and how to trade and how to teach people to trade.

Usually a lot of people talk about managing risk, but they don't take the time to explain how emotions get in the way or how 'scared' traders make 'bad' traders.

If you haven't caught any of this, you really should. (Part one is below in the previous post)

This series, which is over on YouTube, is called

Mistakes Traders Make Part 2

The first two parts have been on the money -- I'll have the next part up tonight.

If you're like me, you're probably getting tired of the awful economic and financial news every night -- it's almost like Doomsday meets Groundhog Day (the movie), isn't it?

Well, as the creator of Serious Trader's information network, I've found out that one of the trading community's real mentors is coming out with cutting edge stock trading material to help all of us shut off the TV and shut out the bad news.

That probably sounds a little crazy, but the rumor is this training material is all about "Opportunity" -- and how the 'news' doesn't affect any trader's opportunity one bit.

And if you think about it, it's true -- each day, stock prices rise and fall, right? So if a price goes up (or goes down), isn't that the "opportunity"?

Of course it is...where's that Easy button when we need it!

Yesterday I released an exclusive video interview from a sit-down I had with that trading mentor. Who's the mentor? Bill Poulos -- Bill's one of those rare guys, a straight-shooter, tells it like it is, doesn't hold back -- and those are the things I've come to enjoy about his interviews, webinars (when he holds them) and his training material.

The first interview in a five-part series was released today -- it's called Mistakes Traders Make -- and it's simple, easy to understand, and incredibly powerful thinking. In the first interview, Serious Trader asked about the mistake that people make by trading stocks when they shouldn't.

Bill's answer is so...simple - I was left with this sense of, why didn't I think of that? Hey, the video is over on YouTube - but you can view it here:

Mistakes Traders Make Part 1

I'll let you know when the second part is put up on the 'tube.

Oh --- if you want more of Bill's stuff, check
out the videos below, especially the multi-part webinar he held back in May in which he showed 500 traders why the Buy & Hold theory was wrecking their portfolios.

People have been talking lately, quite frequently it seems, about the problem with Buy & Hold strategies in today's market.

Conventional wisdom has always taught investors that Buy & Hold is the "only way" to go.

Well, it isn't.

And you can find out why. More on that in a moment though.

To the point at hand, however, the problem with Buy & Hold strategies is two-fold:

B&H is largely based on "index" returns averaged over a period of time (ie, the Dow, the S&P 500, and 10 years, 20 years, etc.)

The first problem is simple:

- Most investors do not buy the entire index (therefore, they do not net the actual index return)

The second problem is more complex:

- Every market downtown COSTS YOU MONEY in lost opportunity

This is the opportunity cost of Buy & Hold. For example, if you had been fortunate enough to buy the entire Dow index in late 2003, and then sold in early June of 2008, you'd be sitting on a significant gain right now.

But, if you had bought the index in the year 2000, you would have lost half your value and it would have taken you 8 years to regain it.

That's the opportunity cost exposed in the 2008 edition of a fantastic report.

The report is called: "The Profit Button: The 4 Simple Steps Successful Traders Know That You Don't."

The results similar to the Dow are even more dramatic with the Nasdaq and the S&P 500 -- both of which are riding 8 year+ recoveries (that means, if you bought those indexes 8 years ago, you are STILL waiting to break even).

What do successful traders know that most investors don't? They know that a lengthy time to break even means lost investment dollars and lost investment opportunity.

I urge you to consider reading this report in full. I've made it available to everyone, right here:

Profit Button Report

The rumors in the marketplace are suggesting the worst of the Bear market is yet to come, and, the recent uptrend is nothing more than a "sucker's rally." Don't get caught up in it without reading this report and deciding for yourself.