Does
the system work with futures?The
trading system was designed for stock and options trading,
but has been used successfully by many futures traders. You
will need to adapt some of the criteria, but the patterns
the system finds are relevant for all markets...including
futures.
I
live outside the United States. Will the system work in my
country?
The
system is based on patterns that exist in all markets. While
many of my customers prefer to trade their own markets, others
have found it beneficial to trade US markets from their home
countries. The guide will give you information about a very
inexpensive online broker that will make it easy for you to
trade here in the United States where there are far more companies
to choose from.
What
do I get with the system?
The
trading
system
includes
an
in
depth
guide
to
a
very
specific
trading
system
that
will
teach
you
how
to
profit
quickly
from
short-term
pullbacks
in
the
market.
You
will
also
get
all
of
the
other
bonus
products
mentioned
on
my
homepage.
Can
I pay via fax or with a check or money order?
Yes...you
may
fax
your
order
if
you
like.
Send
your
fax
to
(508)664-8520.
Be
sure
to
include
your
email
address
so
that
I
can
deliver
the
product
to
you
right
way.
You
may also order by mail if you send a check or money order
(In US funds) to:
|
Beating
The
Trend |
| Attn:
Jeffrey Putnam |
| 2206
Avalon
Drive
|
| Buffalo
Grove,
IL
60089 |
Again,
be
sure
to
include
your
email
address
for
fast
delivery.
I
am a beginning trader. Will I be able to understand it?
Absolutely!
This system is great for new and seasoned traders. It is written
in clear and precise terms so it can be easily understood
and used by anyone. Experienced traders frequently email me
about their success as well.
How
will the trading system be delivered?
The
trading guide is delivered via the internet as an ebook. You
will have access the moment your order is approved. You are
also welcome to print out the guide and bonuses if you wish.
Can
I print out the trading guide?
Yes.
While the guide is copy written, as a customer, you are welcome
to print the guide if you like. We are working on a PDF file
that will soon be available to make printing even easier.
If
I request the free charting software trial, how and when will I get
it?
The
Worden's
Telechart
TC2005
charting
software
can
be
downloaded
as
soon
as
you
sign
up
for
their
30
day
free
trial.
Once
you
have
purchased
our
Beating
The
Trend
System
you
can
download
our
parameters
and
import
them
into
the
software
.
What other software will work to search for stocks besides
Telechart?
I
am
recommending
Telecharts
because
it
is
the
least
expensive
and
simplest
alternative
I've
found.
Of
course
it
is
also
preprogrammable
with
my
criteria.
Any
other third-party charting program will work...so long as
it will allow you to compare price and volume data from one
day with the price and volume data for the previous day.
Many
people are using a program called Metastock. This software
seems to be good for customers outside the United States.
I am not familiar with any other inexpensive service options,
but I know they are out there.
You
can use the instructions for programming TC2005 as a guide
to help you program other software options you may be using.
The formulas are relatively simple.
Are there any other charges related to Worden's Telechart charting software
if I keep it beyond the free trial?
Yes they have several different subscriptions to choose from
on their site after your Telechart free trial is over. Monthly
subscriptions start at $29.99 per month.
Is
software required to use the system?
No.
While software is not "required" to trade this system
successfully, it is recommended. The nominal cost is easily
justified when you are able to save time and be sure to find
all the viable trades as they become available.
Do
you provide technical support?
I
have done my best to make the trading guide as comprehensive
as possible. This has made it unnecessary for most people
to require help. However, there are questions from time to
time. I am available on a limited basis to answer questions
you may have...so long as you understand that I have thousands
of customers and I am the only one here to support you. Please
do your best to find the answers in the trading guide first.
If you still need help, please be patient with me and I will
respond as soon as I can.
What
will happen if lots of people trade the system?
Well
all be rich in a week...just kidding! Eventually, as more
and more people learn to identify the picks that are about
to surge, we may all begin to move the market some...since
we will all be entering our trades at the same time. However,
this system works great right now. More people trading may
have the potential of making it even better for us all...in
the future.
Is
it necessary for me to use real-time data?
Not
necessarily...however, most online brokers are now providing
it for free anyway. It is nice when you are entering and exiting
your trades as it can provide you with a chance to enhance
your price. But you can just as easily use limit orders and
have the market get you in and out of your trades automatically.
How
many trades does the system usually find?
Our
goal when trading is to consistently make money. It is not
to be in the market all the time. Quality is far more important
than quantity...especially when we are all so busy. This system
will vary in the quantity of picks you will find from time
to time. It works best when the whole market (or at least
certain sectors) knows what it wants and is moving in one
direction or another. The most difficult market for any trader
is when the market going nowhere.
There
will be times when you have very few trades each week. At
other times you will have more than you can manage. But the
trades you will find must be quality...and that is what this
system is about. If you just want to be in the market, this
system is not for you. If you want to prosper and are patient,
you've found the right solution.
Do
you provide other services like a pick advisory or trading
service?
At
the moment, the trading guide is the only service I have to
offer. I have had many requests for an advisory service providing
daily picks and to trade accounts for others. While I don't
expect to ever spend the time trading for others, I am considering
an advisory service. If and when this becomes available I
will let you know. But for now, the trading system is doing
the job for those using it consistently.
How
much time will I need to spend watching the market?
Not
much. The idea is to find viable trades and go about your
business. Most people like to watch the market when it opens
and check in once or twice a day just to see how things are
going...but you don't have to be glued to your computer all
day long.
How
much money must I have to start investing?
While
it is nice to have $4-5,000 when starting out, you can get
by with much less...say $400-500. This is especially true
if you follow the rules and do some paper trading before you
risk any of your hard-earned money.
Having
a very inexpensive broker will also make a big difference
when you have little capital to trade with. The guide will
show you how to trade 100 shares of stock for only $1 every
time...no kidding. So if you only have $500 in a trade, your
total commission getting in and out of the trade would be
$2...that is less than 1/2 of 1 percent.
How
long will it take to learn the system?
Most
people
get
the
general
concept
the
first
time
they
read
through
the
guide.
It
is
written
in
very
simple
terms
in
an
organized
way.
Some
people
find
winning
trades
the
first
day,
but
I
recommend
that
you
not
be
in
a
hurry
and
begin
by
paper
trading
the
system
for
awhile
to
get
your
certainty
up.
But
you
should
understand
the
system
enough
to
start
testing
it
within
a
few
hours.
