Do you play the stock market? Or does it play you?

I was at a gathering last night. It was great catching up with my tertiary mate’s, everyone seems to be doing well but under a tremendous amount of stress. Very natural considering that my group of friends are mostly, if not all working in the banking/financial services industry.

If you remembered the papers recently, JP Morgan had a total trading loss of $2 billion loss! And with the banking industry cutting heads in general, it is a really tough time for anyone working there.

That aside, our conversation steered very much about the stock market and the opportunities that are there for the taking. In my last article, I wrote on PennyStock Egghead and the mirror trading opportunity that comes with it.

Quick recap here, Penny Stock Egghead is selling a system such that once you plug into it, automatically tells you the stock to buy and when to sell. They do all the hard technical analysis work. We just grab all the information and data and execute it if we are convinced. 

However, I received an email asking if there are any good eBooks or reference that could teach the fundamentals of trading or perhaps any system or framework that they can use. Always good to have options and while the can do mirror trading with Penny Stock Egghead, there’s always room to venture towards money making system. 

To those who are thinking like this, congratulations! No one knows exactly when the market might crash or the when the low point will be until it happens but the larger question is, when it does happen, will you be in the position to confidently make decisions you know will earn you money?

If you want financial freedom and wealth, you have to position yourself to be able to become financially free.

A great eBook I came across is the 60 Minute Trader. In there lies some basic training as well as a framework which helps you profit 75% of the time.

Now, what I really like from this is the fact that he states upfront that with his system, there will be a 75% success rate. In investments, there is no guarantee and I like the fact that he did not over-promise in what he has to offer.  

Personally, I did not get the 60 Minute Trader yet. But if 3 of my banker friends (working at 3 different Investment Banking Banks) I met last night got it and recommend it. It’s worth a shot.

Best regards,

ypFF – Your Partner in Financial Freedom

Email: contactypff@gmail.com