Vince Stanzione

 

  1. Many new traders start trading the markets without having any sort of plan. Because Vince Stanzioneof this, many a losing trader just second guess price direction. This is especially true when the position is losing. Inexperienced traders tend to close the winning trades and keep the losers.
  2. Traders are unaware that most of the news they read or hear has already been factored into the price of the market. Jumping into positions based on the morning news is often futile. The market has already adjusted.
  3. After a few wining trades many traders become complacent. Out goes the sound reasoning and fundamentals. In comes the hunches and nailed on dead certs. Goodbye profits.
  4. Bad bank management is a regular occurrence. New traders and even more experienced traders, trade positions too big for their bank sizes; or trade far too often for their bank size to accommodate correctly.
  5. Failure to implement a predefined risk using stop losses, create even bigger losses.
  6. Some traders are only happy trading one side of the market, either up or down. Good traders are happy to trade all sides, up, down and even sideways.
  7. Unable or unwilling to accept a loss costs traders big. Lack of experience in the markets leave traders emotionally attached to trades. Even if the positions keep losing more money. They can’t take a small loss so take a bigger one instead.
  8. New traders go crazy when they start to trade. They trade anything and everything. Online financial bookmakers fuel the situation further.
  9. Traders don’t keep to the rules of a system they are using. This lack of discipline always costs traders. Many traders have a winning strategy in their grasp, only to turn it into a losing system by not following simple rules.
  10. So many traders forget this cardinal rule. Cut your losses short and let your profits run. Instead they take profits to early and stop their losses too late.

If you want to learn how to trade the markets profitably and see your trades turn into winners instead of losers. You can read more here.

“All through time, people have basically acted and re-acted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why formations and patterns re-occur on a constant basis.”
Jesse Livermore

If you didn’t see “Traders Millions By The Minute” in the week, here is a link to watch the entire episode on youtube  Lot’s of day trading covered and lot’s of reasons why not to do it. Stress and poor returns spring to mind immediatley!

Q. How long does it take to read your course Vince?
A. Most students can read it and take the information in easily within a month.

Q. How much can I lose Vince, I’ve heard such stories?
A. That’s the beauty of financial spread betting. You can use a guaranteed stop loss so you know your exact liability on any one trade. You are never put in an unexpected situation.

Q. How long before I can start to trade?
A. First things first. It’s always best to open a virtual account to begin with so you can learn how to trade properly before using real money.

Q. I heard I can only make money if the stock market is going up, is that true?
A. That’s one of the biggest myths in the stock market. You can in fact make money in the markets from up, down and even sideways price movement.

Q. What style of trading are you going to teach me?
A. My system is a trend following system based on price

Q. I’m not really any good at maths though Vince?
A. You don’t have to be, a simple calculator is all you’ll need.

Q Vince I’m in my 60s and not great with computers, will I be able to manage?
A. Computers are a lot more stable nowadays and much more user friendly so it’s has become rare to have PC issues. Also the financial bookmaker websites are far more user friendly than years ago and support is easily available should you need it.

Q. So who handles my funds?
A. You do, you are always in complete control of your own funds.

Q. What are the most common mistakes new traders make and how can I avoid doing the same?
A. Over-trading… I see it regularly, new traders in a rush to make money. You have to keep a steady pace and not get carried away; especially when you are winning. Also new traders start chasing losses and start trading the wrong markets if they decide to play catch-up. You just don’t need to do any of that.

Q. What do I get in your financial spread betting course?
A. You get the A4 printed workbook, 2 ½ hours of DVD content, a copy of my bestselling book “The Millionaire Dropout” access to the traders website and also you have direct access to me personally.

You can read more here or go straight to the order page here

The Millionaire Dropout

You obviously know me for my spread betting and financial trading success but I am also author ofThe Millionaire Dropout the New York Times Bestseller The Millionaire Dropout: Fire Your Boss, Do What You Love, Reclaim Your Life It’s about how a school dropout like me, who left with very few qualifications, made his first million quid by the age of 21. You can read more and my reviews on Amazon

Financial trading tips video, why most index traders fail to make money trading.

If you are new to financial trading, Binary trading offers great opportunities to trade the financial markets. You can make money starting with a small bank of as little as £50. Also you can profit from up, down, and sideways bets on all major markets like indices, precious metals, individual shares, forex, Oil and many more.
You can get a complimentary copy of Vince’s complete guide to binary options trading. And there’s a FREE £20 bonus inside!

Love it or loathe it, unless you’re stranded on a desert island it’s going to be hard to avoid the World Cup for the next month…

It all kicks of today with Brazil v Croatia and finishes on July 13th you can get a list of the matches here.

Stocks to trade

So let’s take a look at some of the stocks you can trade that one way or another have a world cup theme and can be traded by financial spread betting.

Sponsors/partners include Coca Cola (NYSE:KO), McDonalds (NYSE:MCD), Visa (NYSE:V), Johnson & Johnson (NYSE:JNJ) – interestingly all of them are in the DJI. Also another worthwhile shout is global brewer Anheuser Busch InBev (NYSE:BUD).

All of the above stocks are looking good, but if I had to choose one as a stand out it’s going to be healthcare giant Johnson and Johnson (JNJ) which is nearing all-time highs and up 12% this year already and even after the big run it’s on a forward P/E of 16 and pays a near 3% dividend yield. I‘ve talked about the aging population before and this remains solid on the aging and healthcare theme.

Trading beer…stocks

AB InBev (NYSE:BUD) is listed on the US market and can also be traded via a financial spread betting. The company’s international brands include Budweiser, Stella Artois, Corona, and Beck’s; multi- country brands consist of Leffe and Hoegaarden; with local brands primarily comprising of Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, and Jupiler.

Unsurprisingly The World Cup is a big deal for beer and Bud is a global player.

UK-listed SAB Miller (SAB) which continues to do well with good exposure to the African markets like Nigeria, Cameroon and Ghana all will be playing in Brazil this year.

 Other shares for consideration that may be in for a World Cup windfall…

With this World Cup we have a substantial time difference issue if watching from the UK; for example our match against Italy will on the 14th June will kick off at 11pm UK (midnight European time).

Due to these conditions I think some of the other companies that will do well are those in the take away, eat at home area rather than beer.

Dominos (DOM) is the UK entity, or (NYSE:DPZ) which is the master company; stand to do very well indeed.

Domino’s has forecasted selling 6 million pizzas in June and July and needs 1300 further staff to quench demand. Dominos also has a large exposure to Germany who should manage to stay in the tournament until at least the knockout stages; obviously the longer your country stays in the tournament the better it is for sales and general feel good factor.

Also recently floated Just Eat (JE.) could see sales increase as watching football is a hungry business!

Snacks food makers should also do well, even though Pepsi (NYSE:PEP) is assumed by many as a soft drinks company today a huge percentage of its income comes from snacks and un-carbonated drinks as the company owns brands including Frito-Lay, Tropicana, Gatorade, and Quaker. UK consumers will be more familiar with Walkers and Doritos which are part of Frito Lay.

Mondelez International (NYSE:MDLZ) has been spun out of Kraft foods. If you’re planning staying up late to watch the footy coffee may well be the order of the evening or even to recover the next morning; chances are you will be drinking one of their brands. MDLZ has recently bought out Douwe Egberts and own Tassimo, Jacobs, Carte-Noire, Kenco, Gevalia. They also own Cadburys, Oreo, Milka and Ritz to name a few.

Aside from eating and drinking you also need to look the part during the World Cup and JD Sports (JD.) and Sports Direct (SPD) will do well, and if England manage to stay in longer very well indeed. An England shirt will relive you of around £60 and an official Adidas football £17 both making a goo profit margin.

The other big winners for the World Cup will be in the betting industry. With the huge advancements in mobile and tablet technology bookies offering in play betting and trading stand to do very well. Irish Paddy Power (PAP) although slightly weaker of late still remains a strong stock and I prefer them over Ladbrokes (LAD) and William Hill (WMH).