No stock goes up forever...but many stocks will advance far beyond where you think they will.
You sell a stock for a nice 20% gain, only to see the stock run another 100% without you!
What you thought was a great trade is now seen as a dud. A missed opportunity.
So you try to get back in, buying more, not wanting to miss out on the next 100% move.
And you're happy...for about 1 day. Then the stock reverses quickly and you've lost all the money you made on your first trade... and then some.
You had a great trade... but you lost money. And you do it again, and again. A never ending cycle that feels more like gambling than trading or money management.
Sound familiar? Why does this keep happening?
Don't get me wrong: You might know how to buy, and might even have some rules to help you get in. But you don't have any rules or process to identify that critical difference between a top...and a high base that's going to provide the springboard for a top stock to make yet another move higher.
We make money when we ring the cash register...yet most traders don't understand that there is a process for knowing how to cash out. It's not random, and it's not a guessing game.
That's exactly what "Staying With the Right Stocks" is all about!
In this class, we're going to show the best methods for knowing: when to SELL a stock and when to BUY more.
Here's the truth: this is not complicated. There is a lot to know, but you can understand it in the way I present it. I make it simple, and I give you a master checklist to keep you on track.
Identifying the topping process that all markets and stocks make. If you don't know what questions to ask, how can you find any answers?
Specific timing methods for trading a top and capitalizing on the mistakes of others.
Rules for managing your profits by walking the line between the two sides of risk: Risk of missing out versus risk of giving it back.
Knowing what a healthy rally looks like. The difference between a continuation move and an exhaustion move can be subtle. But it's also critical to know the difference between the two.
Using Relative Strength in a new way. Methods that top traders use to stick with the likely winners and sell the ones that have seen their better days.
My New Master Checklist to keep you on track, and on a path to more consistent trading. Checklists are essential tools that never go out of style. You'll use it before you make any moves in your positions. Just like a pilot relies on a pre-flight checklist, this checklist will help you fly straight before you ever head down the runway.
I'll make it clear and simple: This is a course that you need. If you are frustrated with your results and know that you can do better, then invest your time and spend an hour with me. I'll be the bridge between where you are and where you want to be.
"Maybe the best yet! I had already started reviewing my stocks and watchlists for breaks in trend, etc. Very useful! Well worth the time! I think many of the messages come through in your daily discussion, but when you show it, it hits you right between the eyes. I said to myself "I know that!" So why the heck haven’t I been doing it?"
"I keep thinking I know what Dan is going to say, and then he teaches me more. Specifically, the RS vs SPY indicator (which I had on my charts but was ignoring)... a great reminder of getting into stocks which are providing real opportunity. I do have a difficult time seeing tops, so Dan's explanation was very helpful. Since the session, I've gone through all my stock holdings. Some of them, unfortunately, got marked as "get out asap!" You learn something every day!"
"I now feel much better prepared to objectively analyse my positions as they approach the end of the Markup phase. Thanks to all who made this course possible. And I love Dan's presentation style. It's like he's talking to us as if we're a very small, informal class. He's obviously focused on sharing his with us so that we can succeed."
"I appreciate Dan's emphasis on managing risk. It's absolutely critical and it helps me stay confident in my ability to make money as a function of avoiding the big loss. I'm glad he shared his daily routine; I've integrated much of it into my own routine."
"I knew I needed a tool to tell me where my loss/gain was if all stops hit, but didn't know how to accomplish that. I also knew that I was tracking too many positions, had too many losers, and the winners did not yield enough gains. Explanation of entry points, and scaling in and then elevating position size was clear and concise. Easy to grasp the strategy."
"There are pieces of the trading puzzle that are not always easy to grasp when offered out of context. This program was in context and I wish I had heard these things long ago. "
Give any Stock Market Mentor educational product a risk-free, 30 day trial and if you're not satisfied with it, we'll refund your purchase price, less shipping. It's really that simple. If you're not 100% satisfied — with your investment - simply send us an email and we'll send you back your initial investment, minus any shipping charges.