Should you be an investor or trader?
"Raiman Associates" <[email protected]> Tue, 23 Aug 2005 21:56:32 -0700
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If you have trouble reading this HTML e-mail, pleaseclick on this link and you can access the text on the PTS web site. Dear Investor or Trader, I’m Dr. Mel Raiman and I have been mentoring and training traders for years. I would like to make you aware of the Precision Trading System, which has changed the lives of hundreds of investors and traders during the past two years. First of all, what are the differences between investors and traders? An investor buys the stocks (or options) of a company that should move up, or down if you like to short. The decision to buy a stock is often made because of an article you have read, or for that matter, from the recommendations of a TV pundit such as Jim Cramer (CNBC). Often, the decision to buy and hold a stock is based on the company’s fundamentals such as the PE ratio, or earnings per share. So what’s wrong with buying and holding a good stock? The answer is simple and is what separates investors from traders. Timing. Let me give you an example. I was watching the Fox Network stock show, Bulls & Bears one Saturday morning. Several of the panelists endorsed Ross Stores (NASDAQ: ROST) and suggested buying it Monday morning at $28. During the following few weeks, ROST fell more than 7 dollars. That was early in 2004 and ROST has never gone back to that $28 level. Traders would never have bought ROST while it was falling and gambled that it was going back up. Traders try to understand the markets and have reasons for buying and selling stocks at specific times. For example, traders never hold a position into an earnings report. Traders know that all stocks go up and down and traders try to be in a trade only when it is going in their favor. They know when to take money off the table. I also want mention slippage. Suppose you enter a trade on a stock that moves up $6. That $6 is not in your account until you sell the stock. If you wait too long to sell, you might get only a dollar or two of the move. You must understand exactly when to take your profit. That nice move is not real until you cash out your position. Let me give you an example of a long-term trade I took a few summers ago. I bought 3,000 shares of FBF (Fleet Boston Financial) at $22 per share. I kept the position for many months until FBF reached $45 per share and cashed out for a $69,000 profit. The day after I sold FBF, it fell $3 and that would have translated into $9,000 less profit (slippage). So, my timing was good and that was not an accident. In addition to long-term position trades, I also swing and day trade stocks and options; in fact, I make my living as a trader. I do better than most traders and buy-and-hold investors because I have software that allows me to almost perfectly time entrances and exits on any kind of trade from one that will last months to scalps lasting just a few minutes. I use the Precision Trading System timing platform. No, I am not selling software; in fact, the PTS (Precision Trading System) software is free! It’s not too good to be true—here is how this evolved. In late 2002, I was paid to develop software for a New York based hedge fund. They trade a $100 million dollar account and wanted an extremely accurate timing platform. In addition to my trading experience, I drew on my former career as a university professor and built a platform based entirely upon the statistical analysis of price movement. I have personally traded this platform daily ever since then and it’s great. I know when the odds are in my favor—I never take a trade with less than a 90% chance of winning. I never get head faked (enter a trade only to have it go against me)—and I get 90% or more of the move. I was so excited about the PTS platform that I started giving it to all of my friends who trade. I should not have been surprised, but none of them had any idea of what to do with the software. Since I have been mentoring traders for years, I just waded in and started teaching on the phone. This got old, in fact, I ran up more than 300 hours with a trader in Wichita. It was at this point, back in the spring of 2003, that I decided to develop a cutting-edge trading course. The decision was also made at this time that this would not be a commercial venture and the software would remain free. This PTS course is available to new and experienced traders alike. It is a two-day, 16-hour course that covers all of the basics you will need to trade the markets like a pro. Everything from how to effectively place trades on line to how to interpret the PTS charts is covered in a course that addresses 1,150 critical trading points. You will know how to effectively time the market, not just with the major indices, but also for individual stocks. For many people, trading is a profession and often takes many years to learn. We can short circuit the process and get you going immediately. We have already trained many beginning traders who are now making their full-time livings at trading. We have also trained people who trade part time and can only check their positions once or twice a day. Many of the people attending plan to retire and wish to have a second career. On the other hand, we always have professionals attending and have had market markers, brokers, money managers, fund managers, floor traders (for example from the Chicago Mercantile Exchange), and professional traders at the course. The PTS course has been in operation for two years and has graduates from Australia, Canada, Mexico, South America, Japan, China, Slovenia, Belgium, Germany, Israel, Ireland, the U.K., and of course, the United States. PTS has professional relationships with Marketgauge.com, Trade-Ideas.com, eSignal.com, InvestIN Securities, HotScans, DirectAccessElite, and other fine firms in the trading industry. To the best of our knowledge the Precision Trading System course is the best-of-the-best of the trading courses and the free software makes this an incredible opportunity for people who are serious about making money in the markets. We receive many e-mails from attendees and you can read some of them by clicking on this link . The cost of the 2-day PTS course is $750. Additional family members can attend for a reduced free. The typical two-day course is priced from $1,500 to $3,000 and that does not include software, subscriptions, etc. The PTS course tuition includes 4 catered meals and a workbook. In addition, graduates of the course are invited to join a graduates’ message board (2,000 posts per month on average), get access to the graduates’ area of the web site, and receive telephone coaching if requested—all at no additional charge—for life. PTS has become a family of traders and there is nothing for sale at or after course. We even publish a stock picks newsletter which is distributed free of charge. If you would like to be included on the mailing list, just click this link . We have a huge amount of information for you and I hope that you will take a moment to visit the web site . I realize that this cutting-edge software is new to you and that you may have questions or may wish to discuss your personal situation. You may send me an e-mail at [email protected] . If you wish, you can send your phone number and I will call you. Since I am a full-time trader, the course is offered only 3 times each year. The next course is being held on September 12th and 13th at the Sheraton Gateway Atlanta Airport Hotel. If you are an investor, isn’t it time you learned how to trade? If you are a trader, this is an opportunity to learn the most sophisticated platform in use today. Mel Raiman The next course will be held in Atlanta, Georgia on September 12th and 13th at the Sheraton Gateway Atlanta Airport Hotel PrecisionTradingSystem.com Trade the Markets With An Edge Stocks Options Forex Futures The training provided to course attendees or recipients of this e-mail is for their personal use. The Precision Trading System Course, Dr. Mel Raiman, or Raiman Associates, assumes no responsibility for the trading results or individual traders. Since there are many variables inherent in trading and investing including the skill level of the individual trader or investor, the individual’s ability to effectively interpret the PTS charts, the direction and trends of the various markets, the execution of the trader’s or investor’s broker, and the trading characteristics of the particular medium (e.g., stocks, options, futures, commodities.), it must be assumed that there will be a range of individual success when applying any trading system. Although an opt out from future e-mails follows, this is not an advertising mailing. The training provided to r http://flzmail.net/080E111F1B1C07011F1B1C070132111F1B1C07011F1B1C07015C1D00150E4A4B44424A0E430E08.aspx Raiman Associates · P.O. Box 930786 · Norcross, GA 30003 This e-mail message is an advertisement and/or solicitation.