Wealth Creation

The Stock Market is really just about supply and demand, or investors who are buyers and sellers.
And when outside factors cause them to make rash investment decisions, their emotions result in volatility or indecision in the marketplace.

For you as an options trader… to come out of these periods laughing all the way to the bank, you need a system for trading that will adapt to the constantly changing battlefield of buyers and sellers. And that is exactly what chart patterns will help you do.

I’d like to introduce you to one of my graduates David Mane, who turned $7,000 into $38,000 in just 3 weeks.

David was one of the people who took advantage of Patterns for Profit when I first released it, and I got to catch up with him at my recent Mentoring for Success program.

He was itching to share his success story with us, and luckily, Frea had the video camera with her that day
so David decided to tell his story on video.

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As David has found, using Patterns for Profit for analysis, is one of the most powerful methods you will find to help you read the market confidently and make money consistently.

Oh, and just to keep you up to date, a lot of people have been asking me when this program will be available.  I’m itching to let you know, but I just need to sort out a few little things first, but I promise to let you know within the next couple of days.

Several people have also asked how many programs will be available, and whether I have set a limit on the number I’m going to sell.

This is one of the decisions I’m addressing at the moment. All I can say right now is you will definitely want to be among the first 50 to grab one of these programs, because I have some really cool surprises in mind.  But you’ll have to act quickly once we launch
because there are around 3,000 people who have been receiving my communications about
this.

To your success,

Jules

I have a confession to make…..I wasn’t always successful at options trading…I learnt the hard way. In my early trading years, I’d been making really good profits for some time but when the market became indecisive and took some sharp turns in direction I was left out of pocket and feeling very defeated.

Learning how to trade Chart Patterns gave me an advanced way to read the market, and really boosted my confidence.

That’s why I realise how very important it is for you to understand how to use chart pattern analysis and how to trade each pattern so I’ve created a video tutorial that will walk you step by step through a “Double-Top” chart pattern. 

So grab a cuppa, sit back, relax and brace yourself for an informative chart pattern video:

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In this video I walk you through a chart and show you:

·         What I am looking for in the chart,

·         How I formulate my pattern “hypothesis”,

·         Where I draw my Support lines and why,

·         What I am waiting for to signal my entry,

·         Where I set my profit target,

·         How I take my profit to close the trade.

Enjoy the video and be sure to leave a comment below to let me know your thoughts.

To your success,

Jules

Quite a few of the questions I’ve been asked in our survey the last day or so, have been regarding the process of selecting the best stocks for Options Trading, and how to actually go about creating a watchlist of the most profitable stocks.

Many of you are already familiar with the process we use, however just recently the ASX have changed their website, so you may now find it a little different when navigating your way to the relevant report.

Take a few minutes to watch this video as I run through the exact steps on the computer screen.

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We are specifically looking for the latest Historical ASX Options Data Report.

Once we have this PDF report open, we are only interested in those stocks that have a 3 letter code. Stock codes that have more than 3 letters are relating to other variants that don’t apply to us as options traders.

Of those stocks, we are specifically looking for the ones that have a total of 20,000 or more Lots Traded. That is, when you add the number of Puts traded with the number of Calls traded, the result is a minimum of 20,000.

This number indicates the liquidity of a stock. By trading stocks with high liquidity we have peace of mind knowing we can easily open and close any one position.

OK, that’s it for now. Be sure to post a comment below to let me know what you think and what you’d like to see next.

To your success

Jules

One of the common areas people struggle with when charting, is the correct placement of support and resistance lines. Whether you are trading with Chart Pattern Analysis or any other trading system, support and resistance play a vital role in your trading success.

My aim with this video is to take away some of the confusion and lay a few ground rules so you know exactly what to look for in order to chart these levels confidently.

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Make sure you pause the video if you need to, and even print off some charts and use a ruler and pencil to practice what you’ve just learnt. 

You may find when you mention your interest in learning how to trade stock options to your friends and family, that you will get a bit of negativity. Actually, with the condition of the stock market at the moment, you might even get a LOT of negativity.       

I remember hearing “It’s too risky”, ”That’s a sure way to lose money” and “That’s best left to the professionals!” when I told people what I was doing. People react this way because they don’t know how Stock Options work. (more…)

When price movements make formations on a stock chart, we call them Chart Patterns, and each pattern represents a high chance of the stock price moving in a certain direction.

Whether you are Options Trading or Stock Trading, the use of Chart Patterns can offer you enormous opportunity to generate cash-flow even in times of challenging markets – such as the one we are in now. Knowing how to identify and trade each one can help you to make money consistently, regardless of what the market is doing. (more…)