Requirements
Thank you for your interest in the investing service. To make use of this service you will need just a few simple things:
An account with at least $25,000 for investing in the market; over $50,000 is preferable. With an account of $50,000, the yearly fee (equivalent to 1.9%) will likely be made many times over.
Access to your email every day about 3:45 ET. The investment system is based on signals at the close of the daily bar. Many days you won't have to do anything urgent, but sometimes there will be entries and exits. The idea is for you to check your email at that time to give you 10 minutes to act before market close. On days that a new entry or exit is likely I will also send an alert near 12:00 ET or latest 3:00 so you can have trading software up and ready at 3:45 pm.
An online brokerage account like E*TRADE, Ameritrade, TradeKing, etc., and the ability to enter market orders, stops, and occasionally target limit orders.
The ability to check price levels at a site like www.tradingview.com because sometimes the service will instruct: "If a close above/below a certain level, then perform a certain action."
Microsoft Excel or ability to open spreadsheets through something like Google Docs. Every day after close the service will send information on the positions such as entry, stop, % risk, target, etc. You can follow along by entering your own share amounts and entry levels (share amounts will vary per account; entry levels will be similar but maybe not exactly the same).
Last but not least, you must be willing to spend a little time to actively manage your investments. The days of "buy and hold" are over. The rewards for this is a savings or retirement account that grows over time, instead of moves sideways or down; and the ability to sleep more easily during the nerve-rattling drops knowing your capital is not at risk in such environments.
Thank you for your interest in the investing service. To make use of this service you will need just a few simple things:
An account with at least $25,000 for investing in the market; over $50,000 is preferable. With an account of $50,000, the yearly fee (equivalent to 1.9%) will likely be made many times over.
Access to your email every day about 3:45 ET. The investment system is based on signals at the close of the daily bar. Many days you won't have to do anything urgent, but sometimes there will be entries and exits. The idea is for you to check your email at that time to give you 10 minutes to act before market close. On days that a new entry or exit is likely I will also send an alert near 12:00 ET or latest 3:00 so you can have trading software up and ready at 3:45 pm.
An online brokerage account like E*TRADE, Ameritrade, TradeKing, etc., and the ability to enter market orders, stops, and occasionally target limit orders.
The ability to check price levels at a site like www.tradingview.com because sometimes the service will instruct: "If a close above/below a certain level, then perform a certain action."
Microsoft Excel or ability to open spreadsheets through something like Google Docs. Every day after close the service will send information on the positions such as entry, stop, % risk, target, etc. You can follow along by entering your own share amounts and entry levels (share amounts will vary per account; entry levels will be similar but maybe not exactly the same).
Last but not least, you must be willing to spend a little time to actively manage your investments. The days of "buy and hold" are over. The rewards for this is a savings or retirement account that grows over time, instead of moves sideways or down; and the ability to sleep more easily during the nerve-rattling drops knowing your capital is not at risk in such environments.
