Investing, Family Style

The success with trading continues.  I am still consistently seeing around 10% profit each month.  Once you get to that place of confidence it really feels good.  I feel ready to try more.  I introduced one of my sons to my world of trading through Rob Booker.  He has taken to it like a duck to water.  I am not sure if it is because he is younger and more adventurous but he is thrilled with it.  In fact he surpasses me in the profit territory.  I am happy for him but I like to be a little more conservative in my investing and trading.

Now my son wants to introduce me to the world of trading for others.  Helping them get a nice consistent, conservative return on their money.  His idea is to offer money management for a small percentage of profit.  That way if we do not make money with your money, you do not have to pay.  That is, no monthly or yearly management fees, just an agreed upon percentage of profits made.

I have agreed to give it a try.  You can see his ideas and business plan at www.signaturedifference.com.  I encourage you to look it up.  You can have him manage your money a bit more aggressively or me, if you want to be a bit more conservative.  As I said, I am fairly consistent at 10% a month, though past performance does not guarantee future results but it does give you an idea of what I expect.

Look forward to hearing from you,

Jenny Wren

Trading Success

Well it has been awhile.  Time has a way of passing more rapidly as we mature.  I just wanted to make an update.  I am happy (no ecstatic) to announce that I have found success in trading.  As mentioned before, I have tried many avenues and strategies without consistent success.  More like consistent losing.  I heard somewhere that trading is a process.  You start out losing a lot, then losing a little, then winning a little and losing a little, then winning a little consistently and then winning a lot.

I have finally managed to get to the winning a little (or maybe a lot if you go by percentage).  With a new mentor I have managed to achieve a 77% increase in my capital since January 1, 2015.  That averages out to just over 10% per month.  It is an incredible feeling to finally be making progress.  Trading has been a dream of mine for several years now, at least a decade.  I was sure it could be profitable for me if I could just figure it out.

The formula is at least 5 fold.  Number 1: have the right mindset;  Number 2: no big losses;   Number 3: small trade size;    Number 4: keep taking profits;  Number 5: a winning strategy

Notice that I mentioned the strategy last.  That is because there are many, many winning strategies and the other points are more important.  I feel that taking  Rob Booker’s ‘Millionaire Mindset’ course was the major turn around point for me.  I am indebted to him for his teaching and generosity to me and to traders all around the world.

I hope to start posting quite often and include some of the trades I am making.  I currently do very short term trades but am planning on expanding to longer term.  When I get a handle on the longer term I will post the trades as I enter and exit them.

Looking forward to a prosperous future doing something I really enjoy.

Jenny Wren