Being a partner with Dave, founder of investment membership website, “See How I Trade”, I am given the privilege to access his website for free. For the past few months, I learned quite a lot on the different trading techniques from his website and this has inevitably changed my perspective on making money from the stock market. Whether my investing prowess has improved is still premature at this point of time because I have not put what I learned into practice. But nevertheless, it has been a fascinating learning journey.
Like many finance bloggers in Singapore, I used to believe in fundamental analysis and don’t believe in technical analysis because I always thought that the latter is more relevant for traders. But I have come to realize that most investors have the instinctive nature to speculate in the stock market. Trying to curb or avoid such instinct will not do the investor any good. Thus, the more sensible approach should be to set aside an amount of fund for “investment” and another set of fund for “trading”. But before you start trading, it is important to understand the science behind trading and develop your own method in order to win the game. Otherwise you will just be throwing away your hard-earned money.
In one of Dave’s latest postings, he shared with members on his trading method in “Best Sector Stock Play”. To be honest, I was blown away by this article because this is not just your typical speculator who just blog about what he trade on a daily basis. He shared his precise methodology on how to play the market and revealed his analysis. It is definitely not something which you can pick up in the school or learn from the investment books because his train of thoughts are based on his trading experiences. In a nutshell, it is based on a system of screening the stock from several sectors backed by technical analysis.
Unlike many financial bloggers who just publish their trades, Dave touched on how he performed technical analysis for the stock plays and explained to members the chart trends and patterns. So in way, members get to understand how the market unfolds and gain insights from his data.
It is not easy to attain Dave’s level because it requires someone who has studied the market for a long period of time and understand how the market moves. Now, of course I don’t have the time and energy to achieve his standard as I am fairly busy with my day job and family commitments. To be frank, it is rare to find someone who is so passionate about trading like Dave. Sometimes I wish I can be more disciplined like him but to be honest, after a hard day of work and putting my kids to sleep, I hardly have time to do investment research. Not to mention blogging on investment techniques. In this regard, I take my hat off to Dave for his commitment and dedication to his members. This guy updates his website almost daily!
Just imagine, someone who can help you do the dirty job of analyzing the stock market. Of course it will not be for free but what if it is less than USD50 per month? In turn, you can become a better investor and enhance your earning power. But of course trading is risky and not for everyone. If you are not careful, you can even lose your pants trading in financial products which you are not familiar. So if you are unsure, it is critical that you seek your financial advisor for trading and investing information.
Watch how the guru strategize and learn from him on how to trade. This blogger has a passion in trading and like me, understood the importance of respecting the big boys’ movement. Some features of his membership website:
1)My Daily Potential Trades
2)My Daily Trend Analysis
3)My Spotting of Big Boy’s Movement – Unique and Powerful!!
4)My Weekly Trend Analysis
5)My Weekly Dow Component Analysis
6)My Recent Trade Summary
7)Strategies to use in different situations
8)Entries, Stop Loss and Targets
9)Exclusive Articles of unique movements
10)Wealth eBooks specially written for VIP Traders
The unique portion of his site is that he combines Technical Analysis (on charts) and the movement of the Big Boys (as seen in the derivatives market) to form powerful trades. I was inspired by Dave and realize the importance of learning and earning. So if you are interested to learn how to trade, I encourage readers to subscribe to his membership site as VIP Trader. Remember to quote the discount code: “sgwealthbuilder” to enjoy discounted subscription of USD49 per month.
SG Wealth Builder