Excerpt From The 74% Solution

The following is the “Introduction” from my forty six page trading manual “The 74% Solution, Stock Index Trading With Exchange Traded Funds”.

Introduction 

This system trades short-term moves of one to five days in various stock indexes, using Exchange Traded Funds (ETFs). This system should only be one part of a comprehensive balanced investment and trading program appropriate to your financial goals and risk tolerances. Past performance is not indicative of future performance.

The first question: is this trading system for you? This is an aggressive trading system in that losses can be large, but it is not a high-pressure day trading system, trades last from one to five days. If you are a high roller looking for action this system is not for you. This system trades on average once a week and I have gone as long as six weeks with no trades, so a high roller would soon be bored with the action. If you would rather be on the golf course than sitting in front of a computer monitor all day long, read on.

If you are looking for consistent above average annual returns on trading capital with a minimum expenditure of time, then you have come to the right place. All trades are opened and closed at the close of the market and there is no need to monitor the market during the trading day, unless you want to. The time requirement is only fifteen or twenty minutes a day and that is only on days that we trade.

The second question: what do I need to trade this system? You will need:

  1. A margin account with a discount online broker that will allow trading in Exchange Traded Funds (ETFs).
  2. A computer with Internet service for online trading. I am presently using a laptop computer with broad band wireless provided by Verizon.
  3. Real time stock quotes; your broker should offer this information for free.
  4. A free charting service, so that you do not have to manually track the closing prices. I use Free Stock Charts.com.

What you will not need is expensive software, costly real time charting services and unlimited time to track and monitor the market during the day.

To purchase the trading manual click on The 74% Solution picture in the sidebar or go to the Products page and get your copy of the manual today.