It’s nice to be back in Sydney, Australia. For one it has let me sleep a little longer It’s a good thing I had a quick look at the weekend news and the US market ended the week higher which usually brings the good vibes to Asian market as well, and stocks are indeed up. Oh, and that Russian ‘standoff” seems to be getting a thing of the past now, for investors to focus on the real score in the economy.
I have 2 live trades that I am monitoring – one for my retirement account and one for my income account. I only have 1 stock for both trades – it is BHP. I know, I know, it’s a mining stock that is not a strong sector currently. However this is a widely-held stock that has also recently gained stimulus. It also follows global macro-economic situation (particularly oil) and it has been following the bullish sentiment of the markets. I got into my positions at different prices but both are profitable right now.
Trade 1 – is for income account, bought BHP at 35.95 and stock now at 36.60 level. My Initial Risk is 50c.
Trade 2 – is for the retirement account, bought BHP at 35.35 and stock now at 36.60 level. My Initial Risk is .75
The second trade has a wider stop because it is a retirement account so I am giving it a wider allowance to move to my favor.
The first trade didn’t have the best start but at the time I opened it, it seemed a good entry point, with accelerating volume (meaning more and more buyers are getting in). However, as wrong as I was, you can see it is now profitable. It’s because I am trading it with an expectation and a time frame of 6 weeks or end of April. This is the beauty of a comprehensive plan that considers not just technical prices, but also market sentiments. ”Target Prices” are iffy — you can never be sure it can be reached and it is also strongly possible that the market will run off farther than you thought! The sure bet is your comprehensive plan which I will walk you through in the Bootcamp.
The other “secret sauce” to trading is your Expectation Model which I teach in the “Low-Risk High-Reward Stock Investing Workshop” and we have 2 events coming up – Sydney and Singapore.
Here are just a few of the juicy topics I’m planning to cover with you and my super-easy and effective ways to help you get the results you want!
◾10 requirements for profitable investing
◾Market types and how each affect the Philippine market
◾Prediction and expectation models
◾Effective entry techniques
◾3 major risk areas and how to manage them
Want to profit whether the market goes up or down? The Sydney Workshop will feature an additional module for the highly profitable world of Options Trading – yes that’s right! I’m teaching Options in Australia starting with the ultra-safe strategies and low-risk high-reward ones.
For the Singapore workshop — I will cover the US Market so that they can still enjoy the bull market (and earn in US$$$$$) even while they invest in their favored emerging markets (ie. Philippines, Indonesia)
Hilton Hotel Sydney
George Street (in front of QVB)
April 21 – 9am to 5pm
Rate is AUD$500 and Early Bird Rate is $350 to April 15. This will have a buffet lunch, morning and afternoon tea and coffee / tea on arrival and throughout.
Apr 23, 2014 630-11pm
Rate is SGD$320 and Early Bird rate is SGD$250 to April 15. This will have a pre-event reception with drinks and nibbles, 4 course dinner with unlimited non-alcoholic drinks.