Covered in this months newsletter:

• Current market update
  
  
• Get in NOW, before my course prices rise
  
  
• Trade update
  

If you have recently subscribed to my website or for some reason you did not receive my last email you can view the previous newsletters by clicking here.

It is holiday time for me now with no day care during school holidays and I am about to jet off next week for a nice break away with the family. So this newsletter will be very short and sweet.

Market Update

The market is continuing to power along rising another 5% since my last newsletter to you. It made another new high last week and has broken through another resistance level above the 4800 mark. It has definitely been a fantastic market to be trading.

I will continue to ride this market up and if anything changes I know I have my trading rules and stop losses in place to protect me.

Get in Before the Price Rise

I have some exciting news, I have an assistant on board now helping me out, which means I can now spend time creating screen recordings and videos to compliment my website and online training courses. Once I return from my holiday I will be spending the next two months pumping out videos to show exactly how I do everything I do to trade the markets.

I will be creating videos to show how I run market scans, place trades in the market, use my Smart Trader Spreadsheet to track and manage my trades, set-up the CMC Markets CFD trading platform, and many more. Plus, I will be creating an online MetaStock training program to compliment my online courses.

Once all the videos are complete and uploaded my course prices will rise by approximately $300. So if you are considering purchasing the Smart Trading & System Development Online Course or one of the training packs, now is your opportunity to do so before the prices rise. You will get access to all the new videos that I create as they are uploaded to the course. So you will not miss out on any of the new changes.

Check out some recent testimonials I have received about the Smart Trading & System Development Online Course:


"Thank you for your Smart Trading & System Development Course, it has taught me the importance of discipline, and money management, and as a result, I now control my losses with more precision than I did before. I have been very happy with the results to date: several moderate profits, and one 100% profit".
Gerard O'Grady, NSW


"I have found your Smart Trading Plan & System Development course to be extremely beneficial. I have been trading for nearly five years with sporadic success. Your ability to explain things from a traders perspective and outlining events that may happen (which I certainly can relate to!) have made me feel more comfortable with my progress. Your focus on the money management and emotions is certainly where I am up to. I have completed a diploma in Technical Analysis through ATAA and found it excellent but all the tools and indicators in the world will not make me a better trader. Your course has enabled me to complete my first plan and it is like having a weight taken off my shoulders to have something I can turn to ensure I follow the rules when things happen quickly and unexpectedly."
Malcolm Tew, ACT


"I purchased your Smart Technical Analysis Home Study Course and the Smart Trading Plan & System Development Course. May I say that they were both extremely well presented, both the manuals and the mp3 audio recordings were brilliant, so easy to follow that even I could fully comprehend. I would like to thank you for sharing your investment knowledge, strategies and secrets with me"
Dave C, QLD


If you have already purchased my course you will not miss out, you will still be able to access these new videos and I will be adding a blog to my website that will provide updates and information as changes are made, so stay tuned for this.

Trade Update

In the last newsletter I shared a trade that I had opened on a share I called MNO, which I can now disclose is MacMahon Holdings (MAH). I was stopped out of this trade when it hit my stop on 2 October. You can see this in the chart below – where the price bar of the share pierced through my trailing stop line on this day. As I use automatic stops with CMC Markets I was taken out when it hit my stop on this day automatically.

I took a loss on this trade and this is a good example to show you how you can have one profitable trade with a share, but it does not mean that the next trade will have the same result. That is why money management is so important.

I held this trade for a total of 24 days and took a loss of -6%*, which was a loss of -61%* on the CFD margin that I was required to outlay for the trade. In total I lost a quarter of my risk size on this trade. For every trade that I open risk 1% of my capital, this is used to size the trade and determine how many shares I can buy. If a share does not perform then I know up front how much I will lose in total. Once a trade starts to move my way this stop moves upwards, as I use a trailing stop that hangs from the highest closing price. As this share made higher closes after I entered it, my stop moved up accordingly, and when this stop was hit I was automatically exited out of the trade.

To Finish Up

Next month I will be in Melbourne presenting at the ATAA meeting, so please come along and join the meeting. For more information visit this web page:

www.smarttrading.com.au/index.php?q=stock-market-seminars.html

Until next time, enjoy, learn, grow and prosper and consider taking advantage of my Smart Trading Plan & System Development course before the price rises, if you have not already done so.

Cheerio

Justine Pollard
Author, Private Trader & Trading Mentor
'Discover the Smarter way to trade'
www.smarttrading.com.au
justine@smarttrading.com.au

Smart Trading Pty Ltd is a Corporate Authorised Representative of CDM Pacific Pty Ltd AFSL 223682

The returns reported are provided for information purposes only. Results of past performance are no guarantee of future returns. No assurance is given that you will incur any profits or losses in your own trading and it should not be assumed that you will experience results comparable to those as reported. Any trade examples listed within this website or associated material are either ficticious or historical and in no way should be interpreted as a recommendation to invest in any particular stock, CFD or investment. Smart Trading Pty Ltd as Authorised Representative No.336312 of CDM Pacific Pty Ltd AFSL 223682 assumes no responsibility for your trading and investment decisions or subsequent results. There is a high degree of risk involved in trading and as such we always recommend that you seek independent financial advice by a licensed professional prior to making any investment decision.