Ok. So many people think that they have common sense. And their common sense would tell them that if you don’t win more than 1/2 the time in the stock market then you won’t make any money. But in fact, you don’t even need to win 1/2 the time to make money.
With my strategy you could even be wrong 70% of the time and still break even. Now this is probably a post that i should have done long ago. But what sparked it is that ive been having a feud with a member who gave me a very poor rating @investimonials.com . And seems to have had an unfortunate experience with my service. Now obviously this strategy is not for everyone. And most importantly to note is that the market is not right for everyone. In fact only 10% of the people who try to make it the stock market ever do it successfully. Thats just how difficult this game is.
So @ investimonials i currently have 105 reviews, of which 87 are 5 star reviews. take note that we have more 5 star reviews than any paid stock pick service listed @ that website. Investimonials.com is basically the yelp of financial products if you are unfamiliar with it.
So every once in a while someone comes a long and gives me a bad review. For instance this recent review from someone who obviously is not in the 10% of people who trade the market successfully, and theres nothing wrong with that. He is the vast majority of people out there. So without further ado, heres his review… that rhymed..!
Monkey throwing darts at anything moving
Not sure why all these people are all of a sudden reviewing, but I have been a member for 5 months now and this service is so hit and miss, it plays out like the career of Lindsay Lohan.
Seriously, there are WAY too many alerts, and they are risky as hell. Seriously Fous just randomly buys shit all day long, based on High of the Day scanners and other twitter traders. He almost duplicates all of Kunai00′s trades it’s almost laughable.
If you have a HOD scanner and follow some top twitter guys, then you have this service already. ZERO DD.. just random stock tickers and unprofessional ways of talking sounds like he is a 17 ur old kid behind the helm of this POS.
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1 of 5 people have found this review helpful.
We’ve actually been feuding back and forth you can read the whole conversation here: See the review by jessiesbest… Its pretty immature and stupid… But i had to respond to all his misleading claims and proove him wrong in every aspect.
http://www.investimonials.com/websites/reviews-the-technical-trader.aspx#jessiesbest
So as you can see his review was fairly harsh and while he calls me an immature 17 year old hiding behind the helm of this piece of shit.. First off, his review is whats immature and unprofessional. Im 26 by the way. All the points he made are illegitimate and i have sound rebuttals for all of them. Now don’t get me wrong i went off the deep end and talked some shit to this guy as well in my defense.
Anyways. He claims that I, me – Cameron Fous, am a monkey. And the way i trade stocks successfully is by throwing darts and picking whatever stocks the dart lands on. And Its true, i am a monkey. A chimpanzee in fact, that can read and write, speak fluent English, And i just so happen to be the only primate that has ever made it into the 10% of traders out there who can do it successfully. Oh yah.. And i can throw darts also.
He also claims that i copy cat other stock traders on twitter. Sure, i have twitter. You can follow me @foustockpicks . I see countless tweets about stocks everyday. When did people start using twitter to talk about stocks as a mainstream social avenue.. What like a year ago or less? I started this website with my trade alerts and this trading strategy in April of 2006. We just ticked 2011 bud. Obviously im not the only stock trader out there, or the only trader who knows how to trade breakouts. He also claimed i use high/low scanners. thats false. I dont use high/low scanners.
His last claim is that i have too many trade alerts. And this is where my strategy comes in. For every trade that i make i only invest a maximum 10% capital into any given trade. So if i was fully invested in the market. Then i would have 10 stocks in my portfolio. Currently i have 12 stocks in the portfolio so im slightly on margin and in some cases i dont have a full 10% into these stocks.
So im greatly diversified among any breakout in play that fits certain criteria. And Thats exactly how i win. Because im diversified. Its a strategy that ive been trading since 2006 that i call the Fous 4 which will be fully detailed on DVD released later this month. The key to this strategy is balancing your risk reward. And more importantly, staying disciplined and cutting your loss short.
So basically for every trade i make im shooting for a win of +20% or greater and a maximum loss of 5-10% . So potential reward needs to be @ least double than what im willing to risk. Sticking to fous patterns this kind of risk/reward ratio can certainly be done. So for example. Lets take a look @ my last 8 trades. A perfect example of how i trade this strategy.
i had 4 wins, 4 losses.. So yah.. Im only right about 50% of the time. So if you think you can come to my website and not diversify and succeed. Then your absolutely wrong. You must diversify. Some people don’t understand this and thats exactly why im creating a DVD to educate you fully on how i trade.
Take note i trade on average about $10,000/trade currently
Heres my wins:
FTK : +$1978
EGI: +$1555
ALXA: +$685
CNAM: +$2177
Total gain = $6,395
Avg Gain = $1,598
My Losses:
ANO: -$274
UCBI: -$389
DDSS: -$406
SHZ: -$315
Total Loss: -$1,386
Avg Loss: -$346
Total Gains = 6,395 – 1386 = +$5,009
So as you gain see i was only right 1/2 the time. The reason why i was able to win was because i was diversified in 8 different stock all of which looked like they had solid potential. The key here is to now follow my trading rules. Of which cutting your loss short, as well as locking in your profit is essential. The reason why you need to be diversified is because you never know which breakout stocks are going to work out. So you need to pick the ones that you think are best of the best. And even after you do that. Your still only going to be right about 1/2 the time.
So as you can see here my average gain was +361% times greater than my average loss. And thats a perfect example of the saying, “cut the losers, let the winners run” And thats exactly what i do. And what i always do. Most people have a hard time staying disciplined enough to take there loss. And thats why people lose in the market. If you can’t accept that losers are part of the game. Then you won’t win. I accept that im wrong about 1/2 the time and i cut the loss. That’s how i am able to trade the market successfully.
For simplicities sake. i only illustrated my last 8 trades to show the 50% win example I didnt count in the other 2 prior to this which were both wins for about another $5grand in profits.
Heres the Screenshot from profit.ly Showing the last 8 trades that i closed and used for this illustration. You can see all my trades here now verified: HERE
Here is another example using 100 trades using this kind of strategy. This is how i trade. Learn it. heres 2 sample slides from my upcoming DVD illustrating my portfolio management and risk/reward balance.
