Thursday, December 6, 2012

Mike's Mojo


Mike makes money fast. But his approach is not a get-rich-quick scheme. Both patience and timing are key to trading. Mike trades very quickly, but Mike does NOT trade just because he can. If the setup is not there, he is flat. He is patient and makes trades that are set up correctly. 

If you analyze Mike's spreadsheet and look at those stocks on a chart, you will see how quickly it all happens. Here is a screenshot of the spreadsheet with Mike's trades from earlier today:

Follow the link to Mike's Spreadsheet: https://docs.google.com/spreadsheet/ccc?key=0Amb9wqa86WkudDdxVFZnblFDdHVqN1lQNDNIU1pkUGc#gid=0
Mike does plenty of research in advance, but the decision to buy is done within seconds. Once he invests, the price often moves quickly in the direction that Mike expected and then he is out of the trade. 

By the time he buys the stock and sells it, StockTwits or Twitter is late to the party. Sometimes social media misses the entry or the exit entirely because Mike is making the trade, reporting it in the trading room and working on his next setup. It can be difficult to understand just how accurate the trades are when you are not experiencing it in the trade room. 

Mike has expertise and a proven track record in ETF's like TZA, UVXY and XIV. He sees key signals and understands how they move with the market. He also specializes in a few popular stocks. When you follow Mike's approach in the trading room, you learn how he watches the market and finds bottoms. And as people experienced in our trade room today, you learn how to be patient when the trade is NOT there. 

Mike does personal coaching for those who want to watch how he performs in real time and want to learn from him personally. Second, you can get involved in his trading room experience. He tells the room when he is buying and what his target sell price is. There are also things he teaches every day to the entire room.  Just go to the website at www.mojodaytrading.com or email Mike at richlender@gmail.com for more information.

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