Coaching Process
If you were getting your self into shape do you feel you would benefit more from a set of DVD's from home or an actual personal trainer in the gym?
The answer is obvious.
However many of us treat our finances with a totally different approach.
Allow our trained professionals to take you by the hand and teach you the strategies that will allow you to take control of your portfolio and gain that feeling of confidence and control that many never find.
With thousands of stocks it is impossible to go through each of them manually each day.
With our strategy you will learn how to scan the market in a matter of seconds and quickly identify the stock we are looking for. We have found that there are a set of criterias that when aligned create an ideal opportunity for a stock to make a quick and profitable of move of often 10% or more. We call this situation 'The Perfect Storm'.
We have often had our clients comment that the biggest difficulty they have had comes down to having the confidence of knowing when to consider selling or entering into a position. Often this can be due to a lack of strategy and disciplines. Working with your personal mentor we will show you methods that you can use to strip away this confusion. We will of course will be here with you on this journey every step of the way.
8 Step Strategy
In many courses and programs out there we have found students will be swamped
with dozens of different options of different types of courses to take,
modules to include, and packages to purchase. When we asked our students
what they were ultimately looking for the answer was usually the same “I
want to know how to make more money”.
With that in mind Acorn has stripped all of the ‘noise’ and sometimes confusing
elements of the stock market away from our course. What you will learn is
a concise 8 step strategy that will enable you to open your charting software
after the market has closed and go through a definitive decision making
process which will alert you to profitable stocks and help you pick your
entry and exit points with confidence.
The way we were able to uncover such a strategy is that we found, after
testing 100’s of different profitable stocks, that there were certain which
many of them shared in common before making their move. We now the
‘personality’ of the stock’s that we are looking for. The next step was to
design a scan that would find them on a daily basis for us, thus narrowing
tens of thousands of stocks down to a short list of typically 5-10. We then
applied a series of further tests to this short list to narrow it down the
possible one we would then buy. By putting the stock through so many different
check points or tests we found that the few stocks which actually passed
them all had a very high rate of accuracy coupled with aggressive returns.
A Recipe for stock market success
Many of our clients have likened this 8 step process to much like following
a recipe. Because as with any venture, you must have a recipe and a plan
to what you are doing. Otherwise if you don’t know where you are going,
then any road will take you there!
In our course you will learn how to use our unique 8 step approach to:
- Scan the market daily and pin point a short list of candidates worth considering
- Identify and understand the different types of personalities of stocks you will encounter
- Develop your understanding of the basis of technical>analysis and how to apply our 8 carefully selected criteria to your trading strategy.
- Put the candidates(or any other stock you choose) through our tests and make confident calculated decisions.
- Quickly disregard stocks that do not meet the criteria you are looking for
- Effectively evaluate which stocks will provide you the greatest potential return with the least amount of foreseeable risk.
- Manage your trades so that the odds are always in your favor.
- Plan your exit strategy before entering your trade
No matter what their level of experience we constantly meet investors who
may spend upwards of 15-20 years in the market without ever developing a
strategy that consistently works for them. Rather than spend the time and
money having the market teach you the lessons, we hope you will take the
time to educate yourself ,with our assistance, and get your money working
effectively.
Trading Mistakes
Some of the Mistakes We Teach you NOT to make
Trend is your friend – Have you ever tried to walk the
wrong way up a moving sidewalk? Hard work isn’t it! However we see investors
everyday doing the same thing by fighting the trend of the market. Successful
trading is about putting as many different factors as possible in your favor
to increase the chances of the trade going your way. Therefore if the market
is trending downwards try to avoid holding onto positions you may be able
to buy back cheaper in a few weeks and perhaps instead look for some shorting
opportunities.
Fail to Limit Losses – No-one gets it right 100%. This
means we will be wrong from time to time. However we have found the best
trades we have done are the ones that have moved straight away. If the stock
moves against you, you must have a pre-planned exit strategy which will
get out!
Buying in to Emotion - it is tempting to buy a stock that
is shooting up. However we have always believed that the first 10% is always
much easier to make than the last 10%. This means that the further a stock
goes up the higher the risk of it reversing on you. Think about it in terms
of stretching out a rubber band for instance. Rather than chase a stock
like this wait for another one to come around which is at the beginning
of its run!
Believing in Public Information – If the information is
public, it generally is worthless as it has already been factored into the
stock price. Effective trading is about getting an edge on everyone else,
weather we do this through superior charting, timing or the way we find
the stock. However the news will generally not provide this for us.
Taking Too Much Risk - just like any business you must
have a strategy that you know will produce more money out than what you
put in. We must treat our stocks the same. If we are too get into a stock
to make a potential 10% return then it would obviously be unwise to risk
15% in order to make it. To execute and develop such a strategy you need
to be able to forecast potential returns and calculate the appropriate level
of risk to take on.