Download 2 Percent Per Month Trading System, by Wesley Walters
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2 Percent Per Month Trading System, by Wesley Walters
Download 2 Percent Per Month Trading System, by Wesley Walters
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Remember Warren Buffet's rule number one? It is "Don't lose money"! Unfortunately if you look back over the last 12 years, most people account value has gone down. The 2% per month trading system is designed to stop the losses and grow your account on a slow and steady basis. Your benchmark is to achieve a 90% win rate and when you do experience the occasional it will be predictably small. This system can be learned by the novice investor or used by the experienced money manager. Want some good news? You can implement this system without learning to interpret charts, read stochastics, MACD, Bollinger Bands, or any of those other indicators technicians employ in their trading. All you need is some time to study and master the system, a calculator and a few hours per week. Are you ready to experience consistent winning trades? Give this system a chance to make you a winner.
A portion of all purchases is donated to With Love from Jesus. I encourage you to make a personal donation as well. See the story of this ministry at http://vimeo.com/26587282.
- Sales Rank: #1424458 in eBooks
- Published on: 2012-12-02
- Released on: 2012-12-02
- Format: Kindle eBook
Most helpful customer reviews
1 of 1 people found the following review helpful.
Well worth the price
By Michele Defilippo
Who can resist a title like this? If you are curious about stock trading, or have tried it with mixed results, you'll be amazed at the system described in "2% Per Month Trading System." While no stock trading system can guarantee 100% success, simply because nobody can predict market behavior, this system appears to minimize the number of losses and the dollar amount of those losses pretty well.
In the introduction, the author explains that this book does not cover the basics of puts and calls. If you don't know what those terms mean, you'll benefit from additional research before reading this book. The author makes it very clear that a great deal of practice and repetition ("paper trading") are necessary to attain full understanding of the concept, and he warns that real money should not be used until the student has achieved an 80% success rate with practice trades.
If you've just begun trading options, this system may seem a little confusing at first, even after working through the 5 example trades given. If you're a very experienced trader, it will make perfect sense right away. To apply a baseball analogy, the system offers frequent base hits as a safe alternative to rare and risky home runs. It looks for just one trade each week to achieve the 2% per month promised by the title.
There are two gems in the book: A recommendation to an online broker with exceptionally low fees (which increases the profit potential of each trade) and a link to a timing system that has lost money only once in the last 30 years.
I am still in the practice stage myself, but I believe that this book will return the purchase price many times over.
1 of 1 people found the following review helpful.
Good explanation for strategy to use weekly covered calls
By Kirill Droujkov
This book is explaining very well how to use weekly covered calls to gain profit on your portfolio. There are some minor flows with details for protective puts strikes and how to establish next week positions, if your present is not profitable. Also, implementation of weekly covered puts is not touched at all. Over all, first book which is really explaining how to use weekly covered options.
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