Profits Run
ProfitsRun.com, a company run by Bill and Greg Poulos, is a forex trading education and mentoring firm. Their aim is to both educate and mentor newbie forex traders. Profits Run has been exceedingly good at turning novice traders into professional traders time and time again.
Bull Poulos is aveteran forex trader with well over 30 years of experience, and he is always keen on sharing this knowledge with his students.
New Profits Run Prooduct:
Forex Time Machine
Bill Poulos Free Trading Tip #1
The Truth About Winning Edge Trading
Why do you invest money? This may seem like an obvious question, but it’s very important to understand your motivation for investing money in order to be successful. For some people, it’s the thrill of the game, but for most, it’s to grow your portfolio value and eventually provide you passive income. What to do with this passive income is where most people differ. Some people are motivated to increase their portfolio values in order to acquire things, like a second home or a new boat; others might want to pay for a college education; and still others might want to grow passive income to the point where it covers all living expenses, which can lead to financial freedom and early retirement.
Whatever your motivation is for investing money, it’s important to set clear, definable goals supported by a written plan of action with status updates on a regular basis. Having clearly focused goals and plans is a pre-requisite to choosing the investment vehicles that are appropriate for you. Once your plan is in place, you can follow it through to achieve success.
Investment Choices
There are many different investment vehicles to choose from. The key to making the right choice is to select an investment vehicle along with an investment methodology that has the potential to deliver the financial returns necessary to meet your goals.
For example, if your goal requires a 20% per year rate of return, buying high grade bonds yielding 6% per year would not be appropriate. On the other hand, if low risk is more important to achieving your goal than high returns, high grade bonds may be just the thing for you.
Real estate has proven to be an excellent long term investment capable of producing passive income along the way. Through rental properties, rehabbing, and land development, there are a variety of ways to invest in real estate, but these are only good choices if they align with your investment goals.
Then there are stocks: small caps, mid caps, large caps, techs, etc. With stocks, you can tailor your investment strategy to align with your goals – a diversified portfolio of high to low risk stocks, a short-term oriented stock trading portfolio, or a buy and hold long-term mutual fund portfolio just to name a few.
There are probably as many strategies to investing in the stock market as there are stocks to invest in. Whether your investment choices include bonds, real estate, or stocks, in order to be successful in the long run you must have a Winning Edge that you can leverage over and over again.
In this article, you’ll learn in detail what it means to have a Winning Edge, including a comprehensive definition, the implications of returns versus risk, and its key components. The discussion will focus on the Winning Edge as it applies to stock investing, and hopefully will assist you in determining if you currently have a Winning Edge in your own personal stock investing strategy.
Bill Poulos Free Trading Tip #2
Choosing a Trading System That Actually Works
Background
I believe a good trading system should be considered for inclusion in one’s portfolio in order to potentially enjoy superior returns. Finding a good trading system, however, can be a very difficult process. So it becomes necessary to have a way of distinguishing good systems from the rest. Fortunately, there is a way to do this by using a demanding set of criteria that I believe must be met in order for you to consider using the system.
The purpose of this report is to define the criteria that I believe will enable you to identify the good systems out there from all the rest. Background
I believe a good trading system should be considered for inclusion in one’s portfolio in order to potentially enjoy superior returns. Finding a good trading system, however, can be a very difficult process. So it becomes necessary to have a way of distinguishing good systems from the rest. Fortunately, there is a way to do this by using a demanding set of criteria that I believe must be met in order for you to consider using the system.
The purpose of this report is to define the criteria that I believe will enable you to identify the good systems out there from all the rest.
Criteria
Listed below are the key elements of the criteria set you should use in evaluating a trading system. A good trading system will meet the requirements of each key element whereas many systems will only meet some requirements. For example, a trading system may be advertised as having 80% winning trades which sounds pretty good. However, that same system’s losing trades may be 5 times higher than the average winning trade, making the system a net loser.
1. Mechanical System
The trading system must be 100% mechanical without any human input or overrides. It must also not be tweaked or adjusted as time goes on to fit current data. Also, the system algorithms or rules must not be curve-fitting or tailored to short term, non-repetitive patterns of past data that eliminate otherwise losing trades. A good way to screen for curve-fitting is to look for consistently good results over a minimum of 5 years of past data that meet all of the other criteria outlined in this report as well.
