Understanding the Power Setups®

Understanding the Power Setups®

Understanding the Power Setups

Now You can Tap Into The Moneymaking Power Of The Most Successful Traders In The World

 A World Renowned Short Term Trading Strategy

Billionaire J. Paul Getty was once quoted as saying: “If you want to get rich, just find someone making lots of money and do what he’s doing.”

And this is exactly what you’re about to get the opportunity to do. But the good news is you won’t be just relying on my expertise, but what many people have referred to as two of the world’s safest, most profitable and proven short term trading strategies.

Skeptical? I would be too. So before I continue, let me give you some history of these two great strategies and then let me tell you about my ‘ah-ha’ moment 20 years ago.

We Haven’t Re-Invented the Wheel and Nor Should You

You may have read the book or even heard the intriguing story about a young ballroom dancer named Nicolas Darvas who traded $25,000 into $2 million dollars within just 18 months by using the stock market. In today’s terms that would be worth well over $20 million!

Even though this book (How I Made $2,000,000 in the Stock Market) was written back in the 60’s the simple principles and techniques remain perfectly valid today – and we continue to use them successfully.

The following chart shows the exact setup Nicolas Darvas used to trade back in the 1940’s, but here in 2013 it enabled us to make a tidy profit of $2,189.40 in just 20 trading days.

EGN

There is no secret here and there is certainly no need to pay thousands of dollars for this. Darvas identified a naturally occurring pattern caused by normal human emotion, he then followed along, riding the trends, repeating the process, and making millions of dollars doing so.

Using our short term strategies, affectionately known as the Power Setups®, in either the Australian market or the US market, you too can now ride the same pattern as Darvas did over 50 years ago.

If there is any secret to this is would be: cut your losses and let your profits run. This exact principle has been profitable for decades and continues to be so today. In fact, so far in 2013* our average win is almost 3x the average loss meaning even if most of the trades were wrong, we still make a handsome profit.

Was Darvas just lucky? Read on…

The Most Famous Experiment In Trading History

Back in the early 80’s two highly successful traders engaged in an argument over whether trading ability was innate or could be taught. They were very convinced of their viewpoints, these two young men. Both were extraordinarily successful traders in their own right, both were intelligent and both were multi millionaires many times over.

In fact, one of these men was Richard Dennis, a guy who quickly learned how to trade after starting as a runner at the Chicago Mercantile Exchange in 1966 at age 17 and had made a reported $200 million by 1983.

Now to settle an argument with fellow trader William Eckhardt about whether trading ability was innate or could be taught, he put an ad in the Wall Street Journal offering to teach candidates how to trade in two weeks – then he backed them with his own money.

Of the thousands of people who applied, a diverse group of 23 people including a security guard, a restaurant manager, an unemployed student, a bartender, kitchen cook, teacher and even a prison worker were accepted – he nicknamed them “The Turtles”.

Fast forward 4-years and they all earned combined profits of some $100 million.

And today, some 30 years later, many of these same traders are still going strong and managing billions of dollars for investors.

Why Do these Strategies Work so Well?

So why do these strategies work so well? And why will they continue to work into the future? There’s a few reasons…

  1. They’re both based on trend trading, specifically buying high and selling higher.
  2. Even though both these techniques have been around for 30+ years, human emotion is ever lasting and is why even today we can see and participate in the same moves.
  3. They are low risk. This is key – risking just a small amount of your capital on each trade to ensure that when things get tough you can ride it out without losing everything.
  4. They’re based on a set of rules and very specific patterns. Nothing is left to chance.
  5. It’s different to what the majority are doing. You need to zig when everyone else is zagging. Buying high and selling higher just goes against everything we’ve been taught – but it works!

But there is one down side which holds most people back from achieving success with these strategies, and virtually every other trading system…

My “Ah-Ha” Moment That Took 18,000 hours

If you are like most people I know, you are incredibly busy. You’ve got a job to go to, kids to look after (including playing taxi on weekends), social commitments and 101 other things on your “to do” list.

And sure, you’d probably be happy to fire your boss and trade full time if Richard Dennis handed you a million dollars and showed you exactly how to become a world class trader by following the Turtle Trading System.

But that’s not likely to happen.

And I don’t care what trading system you are trying to master, Turtle or otherwise, you need to put in the hours to truly gain the required skills in a specific area. For instance in Malcolm Gladwell’s book, Outliers: The Story of Success, he explains the 10,000-hour rule. This rule states that people don’t become ‘masters’ at complex things (like music, designing, driving fast motor cars OR TRADING) until they have accrued 10,000 hours of practice.

10000 hours to short term trading success

That’s right – even those who are considered ‘masters’ (like Mozart, the Beatles, Steve Jobs and Bill Gates) are simply people who got to the 10,000 hour mark early on in their lifetimes.

And while most seminar presenters love to spruik about the heavily clichéd quote…

“Give a man a fish; you have fed him for today. Teach a man
to fish; and you have fed him for a lifetime”

… most people I know don’t have 10,000 hours to truly master the art of a trading system. Think about it: where are you going to find the time to invest 10,000 hours…

•    If you can spare two hours a week, it will take you 96 years
•    If you can spare one hour a day, it will take you over 27.39 years
•    If you can spare two hours a day, it will take you 13.69 years

How many hours can you spare? Of course, if you can fire your boss and work on mastering the turtle system full time, you could gain mastery within five years.

But are you in that position? If you answered no, then I’d like to show you how to do this in under 10 minutes a day.

To my knowledge we’re the only firm that offers a service that tells you exactly what to do and how to do it, based on the legendary Turtle Trading System and the Darvas Trading System. It’s all been adapted to trade equities, and as you heard from the history at the top of this page, both systems have stood the test of time.

And the best part is you don’t need to invest 10,000 hours to master this strategy, because I’ve done all the hard work for you.

Back in the mid 1990’s, I was working in Singapore. And our company had a handful of ‘Turtles’ as clients. And since they were investing significant sums of money and wanted to talk to ‘the Australian bloke’, I got to know some of the Turtles… understand the way they thought… and listen to them talk.

Since then, I have done the hard yards and invested more than 18,000 hours. I have tested these systems both manually and with computers and I now trade them with my own money.

Don’t Lose Sight Of The Goal

Remember, the objective here is getting maximum returns on your money while investing the least possible amount of your free time. And that’s exactly what you’ll be able to do once you become a member of our short term trading service, the Power Setups®.

You’ll get access to specific buy and sell points of low risk trades on a daily basis for either the Australian or US markets (or both).  We identify new trades on a daily basis, as well as offer trade management advice for open positions. What’s more…

•    It doesn’t matter if you’re a beginner or a high volume professional trader: you’ll gain valuable insights and guidance from my 27 years of experience with straight to the point, no fluff trading ideas which help you save time and manage the ever unfolding opportunities.
•    It doesn’t matter if you’re a low risk or high risk trader: we give you the options of choosing from the lowest risk entry points up to the highest risk-highest return options.
•    It doesn’t matter if you don’t want to sit in front of a screen all day: because you won’t have to. That’s right – all trades are identified before the market opens so you can comfortably place the orders with your broker and resume your normal life.
•    It doesn’t matter what you prefer to trade: You also get to see other setups and systems as well as the two outlined here.

When you become a member of the ASX or US Power Setups® service you will receive buy, sell and trade management signals with strong risk parameters on a daily basis.

Of course, major opportunities don’t come around every day, but you can rest assured the ASX and US Power Setups® will alert you to any that may be pending either in Australia or the US.

So all you need to do is to join now and you’ll gain immediate access to our trading plan and course “The New Traders Blueprint” which shows you how to create opportunity from price patterns, minimise your losses and maximise your profits. You will also learn…

•    How to quickly recognise a losing trade and exit your position (cut your losses)
•    How to mange your winning trades (let your profits run)
•    How to trade another 15 patterns with similar attributes to those discussed here
•    How to make more when you win and lose less when you lose

This is a crucial moment for you.

Will you decide to follow a proven trading system, which has stood the test of time and grow your money as safely as you possibly can or will you flounder along, chopping from one trading method to another?

Let me help you grow your wealth over the coming decades and profit handsomely from these strategies.

Short Term Trading with the Power Setups®