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- Herausgeber: John Wiley & Sons
- Kategorie: Fachliteratur
- Sprache: Englisch
An easy and straightforward stock trading system perfect for investors in any kind of market
In How to Be a 20-Minute Trader: An Essential Guide for All Traders in Any Market, celebrated investor and trading educator Jeremy Russell delivers an incisive and one-of-a-kind guide to capitalizing on small movements in stock prices with call options…all within just 20 minutes. The author’s system replaces the complicated cauldron of charts, symbols, strategies, and monitors with a straightforward method of predicting several-cent increases in stock prices, buying them before they occur, and selling them a few moments later.
You’ll find trading techniques that don’t rely on hard-to-predict market trends or put your money at the mercy of unanticipated market crashes. You’ll also discover:
- Strategies that don’t require additional or specialized training or education in investing
- A comprehensive system that lacks a long runway, allowing you to get started implementing its lessons immediately
- A style that makes even complex investing concepts seem easy, simple, and straightforward
The perfect roadmap to effective trading for investors and traders from all walks of life, How to Be a 20-Minute Trader is an essential resource towards making money in the markets without leaving your cash at risk for more than a few minutes at a time.
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Seitenzahl: 332
Veröffentlichungsjahr: 2024
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Table of Contents
Cover
Table of Contents
Title Page
Copyright
Foreword
Introduction
Chapter 1: First Trading Update
Chapter 2: Ride the Wake of the Boat
Chapter 3: What Is the Stock Market?
Chapter 4: Trading Update
Chapter 5: Trading Terms Made Easy
Chapter 6: What Is a Call Option?
Chapter 7: Five Rules I Follow
Chapter 8: Trading Account
Chapter 9: Do's and Don'ts
Chapter 10: Trading Update
Chapter 11: Charts
Chapter 12: The Dow Jones Industrial Average
Chapter 13: Story of Discovery
Chapter 14: Pattern Discovery How‐to
Chapter 15: Call Options — Full Explanation
Chapter 16: The Psychology of Trading
Chapter 17: Trading Update
Chapter 18: The Bulletproof Strategy
Chapter 19: Trading Update
Chapter 20: Now What Should I Do?
Chapter 21: Is 20‐Minute Trading Really That Easy?
Chapter 22: All That 20‐Minute Trader Offers
The 20‐Minute Trader Free Course
The Predictable Trading Bundle
The Secret Pattern Master Class
Elite Trading Club
Bulletproof Strategy
God Mode
20‐Minute Trader Bot
Chapter 23: Everyone Needs a Frank
Chapter 24: Confession
Glossary
About the Author
Index
End User License Agreement
List of Illustrations
Chapter 1
FIGURE 1.1
FIGURE 1.2
Chapter 4
FIGURE 4.1
FIGURE 4.2
Chapter 10
FIGURE 10.1
Chapter 11
FIGURE 11.1
FIGURE 11.2
FIGURE 11.3
FIGURE 11.4
FIGURE 11.5
FIGURE 11.6
FIGURE 11.7
FIGURE 11.8
FIGURE 11.9
FIGURE 11.10
FIGURE 11.11
FIGURE 11.12
FIGURE 11.13
Chapter 14
FIGURE 14.1
FIGURE 14.2
FIGURE 14.3
FIGURE 14.4
FIGURE 14.5
Chapter 17
FIGURE 17.1
FIGURE 17.2
Chapter 19
FIGURE 19.1
FIGURE 19.2
Chapter 22
FIGURE 22.1
Guide
Cover Page
Title Page
Copyright
Foreword
Introduction
Table of Contents
Begin Reading
Glossary
About the Author
Index
Wiley End User License Agreement
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How to be a 20-Minute Trader
An Essential Guide for All Traders in Any Market
Jeremy Russell
Copyright © 2024 by Jeremy Russell. All rights reserved.
Published by John Wiley & Sons, Inc., Hoboken, New Jersey.
Published simultaneously in Canada.
No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per‐copy fee to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, (978) 750‐8400, fax (978) 750‐4470, or on the web at www.copyright.com. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, (201) 748‐6011, fax (201) 748‐6008, or online at http://www.wiley.com/go/permission.
Trademarks: Wiley and the Wiley logo are trademarks or registered trademarks of John Wiley & Sons, Inc. and/or its affiliates in the United States and other countries and may not be used without written permission. All other trademarks are the property of their respective owners. John Wiley & Sons, Inc. is not associated with any product or vendor mentioned in this book.
Limit of Liability/Disclaimer of Warranty: While the publisher and author have used their best efforts in preparing this book, they make no representations or warranties with respect to the accuracy or completeness of the contents of this book and specifically disclaim any implied warranties of merchantability or fitness for a particular purpose. No warranty may be created or extended by sales representatives or written sales materials. The advice and strategies contained herein may not be suitable for your situation. You should consult with a professional where appropriate. Further, readers should be aware that websites listed in this work may have changed or disappeared between when this work was written and when it is read. Neither the publisher nor author shall be liable for any loss of profit or any other commercial damages, including but not limited to special, incidental, consequential, or other damages.
For general information on our other products and services or for technical support, please contact our Customer Care Department within the United States at (800) 762‐2974, outside the United States at (317) 572‐3993 or fax (317) 572‐4002.
Wiley also publishes its books in a variety of electronic formats. Some content that appears in print may not be available in electronic formats. For more information about Wiley products, visit our web site at www.wiley.com.
Library of Congress Cataloging‐in‐Publication Data is Available:
ISBN 9781394205226 (Cloth)
ISBN 9781394205233 (ePub)
ISBN 9781394205240 (ePDF)
Cover Design: Wiley
Cover Image: © ATU Images/Getty Images
Foreword
by Sydney Koh
Sitting in the parking lot of my son's school pickup line, I casually scrolled through my social media account. With a simple flick of my thumb, photos of friends' exotic travel adventures, adorable puppy videos, and the occasional ad for a work from home opportunity quickly zipped by. Facebook definitely knew me too well.
Then, out of nowhere, a particular ad caught my eye.
The 20‐Minute Trader.
I smirked and immediately scoffed.
20‐Minute Trader. Yeah, right. That's not a thing.
Back to the scroll.
Having been suddenly widowed at 41, I've explored various ways of making money online. Traditional employment was not a viable option for me as I had to raise my three elementary school‐aged sons, one having special needs, as a solo parent.
I explored all the common ways of making money from home: affiliate marketing, online trading, agencies, publishing, and more. I found success in publishing as I used my personal experience in a dangerously toxic marriage to write several books to help those experiencing the same. However, I realized that having multiple income streams to support my young family would be beneficial for our long‐term stability. So, my search for supplemental income continued.
The following day, a different ad for the 20‐Minute Trader popped up on my feed. This time, a smiling gentleman calmly and casually explained the unique strategy of this trading system. I paused to listen to what he had to say as he was so obviously unlike the flashy young traders I've seen in the past. Without hyper cars or a mansion in the background, the man in the video, Jeremy Russell, held my attention and intrigued me.
Jeremy simply spoke of a particular pattern he noticed when he started trading and how he subsequently invested much time and capital in testing the reliability of this pattern. What he found and back‐tested resulted in a surprising discovery that this pattern was highly predictable given some simple movements on the charts.
“Predictable” and “reliable” were the antitheses of my personal trading experience. What I've found in my time in the markets was very much the opposite. Jeremy's system was so different from what I have used before, and with the free course he offered, I decided there wouldn't be any harm to at least find out more.
A few simple clicks later, I learned more about this pattern, and as I did, I became increasingly curious. This was unlike any other pattern I have learned about in the past, and it excited me! No ascending wedges, no cup or handle, no Fibonacci sequences. This was just so different.
I learned that within the first 20 minutes of market open, if A happened, look out for B, and then execute the trade.
That's it? That's the pattern? That's the system?
It was as if my junk food–fueled, carnivorous teenage son just told me that not only has he decided to eat healthier, but that he is now a vegetarian. Yes, I was that shocked. Something that I had grown accustomed to and didn't question anymore was just entirely upended.
It was simple. Almost too simple. Surely, there must be more to it.
One thing I knew from my time trading was that I often had to babysit my trades. I hated being tied to my desk all day as I monitored the unavoidable rollercoaster of my active trades.
I was now even more curious about Jeremy's 20‐minute trading system and soon found myself on the phone with the original 20‐Minute Trader himself. We discussed my previous trading experience, and when he found out that most of my time in the markets was in swing trades, Jeremy exclaimed, “Wow, you're brave!”
On the other end of the phone line, I humbly smiled, misinterpreting Jeremy's comment as a compliment. A split second later, something didn't sit right with me. “Wait, hang on … what do you mean ‘brave’?”
“Oh, I just mean that since you're holding trades overnight, you are willing to leave yourself exposed to overnight news.”
Jeremy definitely had a point. One of the most annoying things about swing trading was that holding trades overnight during unpredictable news events or untimely government announcements beyond my control could significantly impact the profitability of my trades, either in a highly positive or highly negative manner. The latter proving to be disastrous, not to mention painfully expensive experiences.
It didn't take me long to recognize that I needed to learn more about the 20‐Minute Trading strategy. The more I learned about this method, the clearer it became that this may be a game‐changer in my trading journey.
Living in California meant I could start and end my trading day before my sons even woke up for school. No more being glued to my computer during market hours. Using this system would easily give me the additional stream of income I was seeking. Not only that, as I understood more about this strategy, I realized it would be fully scalable when I was ready to use more capital.
There is so much to appreciate about this trading system, and I hope you will explore it and come to the same conclusion that I did. This system simply works, and whether you are seeking to make a little extra in your monthly cash flow or considering using the system to generate significantly more income, it is worthwhile to invest the time to learn what it takes to become a successful 20‐Minute Trader.
Best wishes and happy trading!
Sydney Koh
Author of Dealing with the Unavoidable Narcissist in Your Life and Can't You Smell the Smoke?
Introduction
Let’s talk about patterns.
Michael Larson was an ordinary man from Ohio who became famous for his incredible win on the game show Press Your Luck in 1984. The show, hosted by Peter Tomarken, featured contestants answering trivia questions to earn spins on a large electronic game board known as the Big Board.
The Big Board had various prizes and cash amounts, but it also had a few squares that were labeled “Whammy.” If a contestant landed on a Whammy, they would lose all their accumulated winnings and receive a comical animation of a cartoon character called the Whammy. The goal of the game was to accumulate as much money as possible without hitting a Whammy.
Michael Larson, an unemployed ice cream truck driver, became intrigued by the show's patterns during his extensive study of recorded episodes. He noticed that the random patterns on the Big Board were not entirely random. The show used five different patterns that would cycle through randomly during each episode. Larson recognized that he could potentially memorize these patterns and predict the movement of the lights on the board.
In the spring of 1984, Larson made the decision to try his luck and become a contestant on CBS's Press Your Luck. He applied to be on the show and, after being accepted, traveled to Los Angeles for the taping.
During the show, Larson's strategy was to press the button to stop the flashing lights on the board at precise moments when he knew they would land on cash or prizes rather than Whammies. He successfully avoided the Whammies and managed to amass an astonishing amount of money.
Larson's approach was risky because if he hit a Whammy, he would lose all his winnings. However, he had meticulously memorized the patterns and was confident in his ability to anticipate the board's movements. As the game progressed, Larson's winnings grew rapidly, reaching unprecedented amounts. He won a total of $110,237 in cash and prizes, which was the largest one‐day total in the history of daytime television at the time. In 2023 terms, this is over $330,000.
Larson's winning streak stunned the show's producers and staff, who suspected him of cheating. They reviewed the footage extensively but found no evidence of wrongdoing. Larson had simply exploited a flaw in the game's design and outsmarted the system.
The show's producers initially refused to pay Larson his winnings, alleging that he had cheated. Larson threatened legal action, and after several months of negotiations, he received his full prize money. The incident prompted the show to revise its game board patterns to make them more difficult to memorize and predict.
Michael Larson's incredible win on Press Your Luck made him a brief celebrity. Larson passed away in 1999 at the age of 49, leaving behind a legacy as one of the most memorable and controversial game show contestants in history.
Aside from identifying a pattern, another thing stands out about Larson. I suspect that Larson was not looking for the pattern when he watched this game show initially, but that it leapt out at him. For everyone else these flashes were random, with no discernable pattern, but to Michael, there was a pattern, a sequence. The lights shown in a specific series over exact periods. Hundreds of thousands had watched and many had played on this game show, and yet it seems no one but Michael saw this, or if they did, they decided not to monetize it.
When he first thought he had identified this pattern, he could have been a realist and simply said to himself, “I'm sure I can't predict this pattern. Someone would have noticed this by now,” and refused to admit to himself that he was capable of knowing when these flashes would land in the winning squares.
But he didn't. He tested himself, recording episodes of the show in a beta or VHS VCR, playing it back, and learning how these predictable motions transpired.
That's how I felt in November 2019, never having looked at a single stock chart, or bought a single stock, or learned a single thing about the stock market … and yet I saw this thing happening that seemed completely obvious to me, in which a stock dropped and rose rather predictably, every day around the same time. I never thought it would help catapult a series of successes so soon after.
And here I am, just a random new trader. Not an ex–Wall Street fancy pants that had been apprenticed by Warren Buffet, or some super nerd who worships algorithms. I trade predictable patterns every day. In fact, as I write this sentence, I just looked at my account and noted that I made around $99,000 in the last three weeks of trading. In the last year, hundreds of thousands of people the world over have learned about the 20‐Minute Trader, and perhaps by the time this book is published it will be millions.
Here's the weirder thing: I cannot even call myself an amateur on the subject of trading. If a Cub Scout learns first aid and you compare him to a doctor, I'm less educated at trading strategies than that kid is at medicine. I have no academic qualifications to consider myself an authority, and if you are looking for that, get a refund on this book before it's too late, and find someone with a PhD in trading who was on the floor of the New York Stock Exchange for years, or the Chicago Mercantile Exchange for decades. Someone who knows the Greeks, and the indicators, and the Relative Strength Index plus dozens of other formula … who has five screens around their desk facing their face. The only thing I trade with is a small laptop and my smartphone.
I know a few dozen or so words and symbols simply and precisely. I know how to buy and sell and some simple math. But the one ace‐in‐the‐hole I have, that's best of all, is a way to predict a tiny jump in a stock price. I also know every single detail on how to explain this method in full.
What amazing code‐breaking, glitch‐causing method did I use to find this pattern? Actually, I did use a special technique, called NSBG. Have you heard of it? It's a very powerful technique. It stands for Non‐Subconsciously‐Biased Glancing.
Experts, PhDs, and philosophers down the ages have … never talked about this at all actually. I just made it up. But that doesn't mean it's not true.
Basically, I was glancing. And I noted it. Repeatedly.
We have all seen the phenomenon where a person, independent of the scene comes in, who knows nothing, notices something the whole company, family, group or civilization failed to notice, which was headlight‐brightness obvious to them.
There's the story of the explorer who found a drought‐stricken tribe, that had been there centuries, avoiding a nearby cave because it was occupied by an “evil demon.” This was a collective certainty because the cave croaked out scary sounds continuously. It was therefore group knowledge that this cave was deadly dangerous, occupied by a demonic spirit that must be avoided, appeased, and feared. It was discussed and prayed about and dances were formed to fend off destructive effects. Committees, elders, and experts spoke on the matter with great authority, while the whole tribe was endlessly dehydrated due to no good water source. Children were taught at a young age to fear and avoid the cave (this actually sounds like the stock market to me, by the way, since “wise” elders naysay all new methods they see, and sneer at any innovation from new people).
This explorer decided, “I'll go inside and check it out,” and found out it was an underground water source growling in its depths, as water churned in a whirlpool and mini‐waterfall, echoing up to the mouth of the cave in deep grunts. He informed the tribe and solved their drought. And yet this mystical creature was a dominant factor in the lives of these people for possibly hundreds of years.
Now the drought was solved and the evil demon was gone. The explorer had employed NSBG, Non‐Subconsciously‐Biased Glancing. In other words, he wasn't subconsciously biased into believing in the demon. He just glanced with no preconceived ideas.
This was how I glanced at stock market charts.
I was 42, broke, just lost my job of 22 years and had no place so I was staying with my older brother, Kris, at the time, living in a spare bedroom he had. One day, I brought my laptop out and placed it on the coffee table.
I said, “Hey Kris, do you see that?” while pointing at the chart.
Kris is the first person who showed me stock charts a month earlier since he was experienced. He also introduced me to trading options.
“See what?” he asked, as he looked at the stock charts I showed him.
“I can tell you when that stock is going to go up,” I said.
“Oh yeah, let's see,” Kris said.
“Now,” I said, and the line jumped up.
“Holy crap, you did it,” he said.
Now you're about the throw this book out the window because people are paid millions and billions to predict market stuff, with the most detailed and complex algorithms in the universe, with an army of quantitative analysts dissecting everything in every detail. You don't want to hear the mutterings of some lucky idiot who stepped on a lottery mine by accident and who now thinks he's an expert.
I agree with you. I'd rather hear from a tried‐and‐true expert on anything. But let me be a little bit fair to myself.
And maybe I should be a little less self‐deprecating about my lack of knowledge.
Since I released my methods in 2021, hundreds of thousands of people have learned about 20‐Minute Trader pattern spotting in just a span of months with virtually no promotion from me. The main things they say is that they find the explanations refreshingly easy, applicable, and conceptually digestible. Ultimately, our students note that the 20‐Minute Trader system is easy to understand and employ, especially when compared with the overly technical and often intentionally confusing voices in the trading world. I and my team have back‐tested the 20‐Minute Trader system extensively. I hired real pros to build a time machine and simulate the market in the past with software that reproduced the market exactly how it was down to the second, seeing if these patterns existed years ago. They did. Meanwhile, over the span of these three years, I read piles of books and thousands of pages of data about the Stock Market, interviewing dozens of traders both successful and unsuccessful.
I beta tested this pattern system with over 130 individual traders that I worked with personally. I recorded their results, obstacles, and successes and analyzed, polished, optimized, and published findings.
So, I might want to give myself a little break maybe and stop running myself down fully for being “uninformed.” I am just traditionally uninformed. I did not study existing strategies, but I did study information, analytics, results, trends, symbols, words, and definitions. So, while I am an amateur or less when it comes to knowing the “rules” or “strategies” of trading, I am studied, and I have learned extensively about the stock market and trading within it.
Maybe, to crack this code, it took a totally disinterested person like me, an athlete, a novelist, a pencil artist, who really never liked the stock market, aside from the movie Trading Places, my favorite 1980s comedy … possibly favorite comedy of all time. (Side note: I couldn't believe it! I was walking by some shops in Los Angeles a week ago, and Jamie Lee Curtis, who starred in that very movie, was walking right down the sidewalk in front of me, I tried to say “Hi” to her, and I think I did, but she barely reacted. LOL.) Maybe it took a random guy with no grooming on the subject to see this blatantly obvious glitch. Because to me the pattern was so ridiculously apparent, I couldn't believe it was that easy.
It was like Eddie Murphy's character in the movie Trading Places. He came off the street as a homeless poor man and into the commodities trading market. Right away he noticed that people were betting on the price of pork bellies. He knew bacon was a luxury most low‐income people could not afford around Christmas because Santa needed to come up with money for his wife's fur coat and his kid wanted the new GI Joe with the kung‐fu grip. It was blatantly obvious to him that people would be buying less bacon during this time period. Meanwhile, the old, white, racist dudes whose butlers bathed and shaved them every morning were out of touch. They could not even conceive of that.
Eddie's character, Billy Ray Valentine, called it right and made the firm a massive sum because of it. The independent outsider, Billy Ray (Eddie Murphy), not groomed into status‐quo‐collective‐biased thought, could see so much more than those drenched in the rainfall of symbols, strategies, and meanings. He employed NSBG of course. Unbiased glancing.
Just like Michael Larson of Ohio, who won the CBS game show Press Your Luck, who even held the record for the most ever earned on a game show for decades.
Independent, non‐subconsciously‐biased glancing.
In this book I will tell you the story of discovery, show you proof of my results, and outline in detail the exact steps that one could take to become a proficient 20‐minute trader. This includes how to set up one's charts, how to discover a predictable pattern, how to use a trading account, advice on risk management, tips for success, and resources to help you along the journey.
It needs to be mentioned that day trading is risky and most people doing day trading lose money doing so, especially options traders. My results are not typical. Your success is not guaranteed if you learn with me or on your own. Practice first with simulated trading before putting your own money on the line, and never put important money on the line that your life really depends upon. Do not blindly follow me or anyone else.
Chapter 1First Trading Update
It's February 8, 2023.
Trading started at 6:30 Pacific Time. This morning, I woke up at 5:16 a.m. with no alarm. Just woke up and looked at my phone to see the time. I rolled out of bed and in the darkness, found my sweatpants, slid them on quietly, put on my glasses, stuck my feet in my slippers, and carefully walked out of the room so as not to wake my lovely wife, the mother of my toddler boy, Owen.
I went straight for the Keurig. I found my mug that says “20‐Minute Trader,” filled the Keurig with water, put in a medium roast pod called Big Bang from Pete's Coffee, and hit the button. I went and used the restroom, and upon my return, the cup was filled to the brim with life‐giving, dark brown super juice.
I went into my home office, opened up my laptop, noted some email messages and texts, responded to these, and then did my pre‐market research to publish my opinions to those who want to read them.
At around 6:26 a.m., I opened my charting platform, ensured the settings were correct, and opened the trading app on my phone. I prepared my trade by selecting the stock ticker I wanted to trade on my phone's screen. Now, all I needed to do was hit the “buy” button when the chart in front of me convinced me that the stock's share price would jump up based on the criteria I had determined through previous research.
At 6:30 a.m., the market opened, and the lines on my one‐second chart came to life, moving up and down rapidly. For every second the chart ticked forward in time, the lines extended, moving across the screen like fast worms. One line tracked the changing value of the stock price, and the other tracked the changing value of an index. These values go up, down, or stay the same every second. At exactly 6:35:04, those criteria I was watching for appeared, and I hit the “buy” button on my phone.
I paid exactly $58,380 to place this investment. Once I did, I saw in my digital wallet, known as a “portfolio” in the trading app I use, that I now owned the investment I purchased. It showed me that I paid $58,380 for it.
Within ten seconds, I placed an order to sell it for $59,430 so that if the value jumped that high, it would sell then and there for that price. Obediently and as predicted, the stock price rose in value by more than 20 cents, which was the amount it needed to rise for me to get my target price.
At exactly 6:36 a.m. and zero seconds, 56 seconds after I bought it, the investment item sold for $59,430, $1,050 more than I paid for it.
Why? Because when I identified the pattern criteria that told me the stock price was likely to jump upward by a small amount, I bought. Then it did jump by only 22 cents, and as a result, the items I bought became more valuable and, therefore, sold for the higher price I asked for, $1,050 more than I paid for it 56 seconds earlier. In other words, I made $1,050 from doing that trade by purchasing a stock market instrument and then selling it for higher moments later.
At 6:40 and 14 seconds, I then did a second, much smaller trade. This one profited only $48. My daily total was $1,098. The fees and commissions connected with these four trades (two buys and two sells) were $41.13. The price of doing business. Therefore, my actual daily profit was $1,098 minus $41.13, which equaled $1,056.87.
I closed my laptop and started on other tasks.
At 6:44 a.m., I took a screenshot, which you can see here, along with the comparative image of what the account value was at the beginning of the year on January 3 before any trading had begun (Figs. 1.1 and 1.2).
The screenshots of the trading account app display two important figures. They are 1) the Account Value, which shows the current balance of your account with all fees and commissions subtracted automatically, and 2) the Year‐To‐Date or YTD, which simply means the total profit or loss since the first day of the year, without subtracting fees and commissions. The account value says, for January 3 (the first trading day of 2023), $50,000 even, as I had funded it like that to the penny. The Year‐To‐Date says 0 dollars and 0 cents. This is the “before” screenshot. A little over a month later, on February 8, you'll see that the Account Value is $64,111.69 and the Year‐To‐Date says $14,933.
FIGURE 1.1
Jan 3
FIGURE 1.2
Feb 8
There are two ways to look at your profit, both illustrated here. I'll explain. Since the $14,933 Year‐To‐Date profit doesn't account for trading commissions and fees, it's actually a little misleadingly high. Commissions and fees take away a considerable chunk of your profit, so one might look at this figure and think they made more profit than they actually did. However, the Account Value figure shows the current balance of your account, with all fees and commissions automatically removed. You can use this value to calculate your actual profit. In the above screenshots, I started with $50,000, and the account value now says $64,111.69, so the actual profit is only $14,111.69. However, the profit on the YTD says $14,933, a difference of $821.31. The real figure is the lower one because that's how much money is in my account. The YTD figure is $821 higher because of commissions and fees. Each trade costs money to execute. Unfortunately, I am taxed on the higher YTD profit figure, not the lower Account Value increase figure. Oh well … the money is still not bad.
One can see that my profit is a gain of 28% value since the start of the year in a span of five weeks.
The way I got here is simple. I learned how to predict a tiny jump in a stock ticker. I buy just before. I sell when it hits that level, often seconds after I bought it. I do this daily.
And I'm sure you're reading this to find out HOW?
Here's the cool thing about it. I've taught this successfully to dummies who knew nothing about trading. I have screenshots and bank statements to prove my earnings, which I publish. But there is a reason that hundreds of thousands of people have signed on to learn about this method in just the last several months.
Let's get into it.
Chapter 2Ride the Wake of the Boat
The 20‐Minute Trader predicting method's simplicity is like riding the wake of a large ship. Something big is moving along, causing a little after‐effect wave. One can imagine a large ship carving through the open seas and a small jet ski leaping off the wake.
We track something big moving and assume something else will move in response right after. We jump on that little after‐motion, and when it works out, we make our profit.
It's a pretty intuitive strategy. A large pile of huge companies all move down, and some other companies immediately follow. A big pile of huge companies move up, and a bunch of others follow it up.
Watch for the big thing to move, expect the other one to move right after, and bet on it. It's that simple, and I cannot believe it works. But let's be clear: I had to do some deep research to get the win rate as high as I have it now and to verify better that this can be counted upon. Before I get into that, I will walk you through some simple explanations for some otherwise complicated concepts.
Chapter 3What Is the Stock Market?
I suggest sifting through this chapter even if you are trained in this subject. Keep in mind I have now worked one‐on‐one with hundreds of people and indirectly with hundreds of thousands, from highly experienced traders to brand‐new folks. Everyone learned from this explanation. In the case of experts, they were often dumbfounded to realize that they were unaware of some of the MOST BASIC aspects of the stock market and were thankful to understand better.
“Stock” means ownership.
If you have stock in a company it means you own part of that company.
The reason it's called “stocks” is rather funny. In England, the stock market existed hundreds of years ago right next to a meat and fish market called the “Great Stocks Market.” Featured at the market was a bunch of animals held and displayed in wooden structures and also criminals placed in neck yokes, the planks with holes for the criminal's neck and limbs. These wooden structures for confining and displaying animals or criminals were known as “stocks.” This is why the place where they sold fish and meat was called the “Great Stocks Market.”
Meanwhile, trading occurred all around that area, with brokers and traders peddling their shares at coffee houses and the Royal Exchange, which were next to each other, right there around the market. These blokes would go to do business and say, “I'm heading over to the Stocks Market to buy and sell shares.” This is where the term Stock Market came from!
The word “stock” itself goes back to meaning “wood” or “tree trunk,” which, of course, refers to the blocks of wood from which neck yokes are made.
So, that location is where you went to buy your wares and shares near folks in yokes.
Eventually, and because of this, the word stock came to mean “ownership.” And all over the English‐speaking world, we now call it stocks.
Stock market people stereotypically live agonizingly stressful lives, so I think it's rather amusing that the derivation of the title of that field comes from a torture device for criminals.
Stocks have been traded for thousands of years. Evidence of shares trading was found in pre–Roman Empire Italy and other totally disrelated parts of the world.
Stock trading is apparently a natural behavior for man. Beavers make dams, moles dig holes, birds make nests, humans trade stocks.
To obtain money a company can sell pieces of itself to people and increase the number of owners of that company, giving those new owners a chance to get paid part of that company's profits. Those owners also financially benefit from an increase in value of the company as a whole.
In the United States, the largest stock market exists, managing over $30 trillion. Stocks used to be traded with pieces of paper being carried around by people called brokers on horseback and carriages from one place to another, buying and selling shares for profits between investors and shareholders. It took place, for the most part, on the East Coast. Yes, this was the wild, wild East of stock trading.
Taking place mainly on the East Coast, stock shares back then were sold based on meetings in coffee houses and on the streets with no specific system in place. Logistics were difficult and required regulation in order to standardize the buying and selling of shares. Brokers would help investors and shareholders trade their stock and receive commissions in the process. Finally, on May 17, 1792, a group of 24 brokers got together on a dirt road called Wall Street in a region called New York. Under a buttonwood tree, they signed the initiation papers of what is now called the New York Stock Exchange (NYSE).
At that time, it was an assembly of brokers sitting in chairs or seats and auctioning off their stock in a more regulated, sensible arena. Each broker had a “seat” on the New York Stock Exchange. At that time, it was an actual chair. Access to a seat on the New York Stock exchange, to allow one to be part of the trading, has been an envied position since day one when it was formed in the 1700s. To this day there are hundreds of “seats” held on the New York Stock exchange giving a broker or brokerage access to buying and selling their clients' shares to other clients or other brokers or brokerages directly.
A broker is one who buys or sells on behalf of another. A brokerage is a collection of brokers organized into a group, company, institution, or firm. The word broker
