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

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

In the past, I have mostly felt uptight and stressed when trading.  That is why I have mostly concentrated on longer term strategies lately.  It reduces the stress and the parameters are clear, concise and easy to follow.  I have found some success with these methods and will continue with them.

But I think these small successes have whetted my appetite for a little more adventure.  It seems evident in the fact that I am continuing to work in the forex market.  I have had several successful trades using the currency connect system, mostly with the dow and a few with currency pairs.  I am feeling a little more positive each week, that I will be able to make headway in this sphere.

Now the exciting part.  I have come across another strategy for trading options.  Rather than being a longer term method, it is day trading unusual option activity.  I have been following this for a couple of weeks now and am really having some fun.  I think I am actually making some money along the way as well.  At the end of the month I will know if I am actually getting some income or just having fun and will inform you as to how I did and whether I will sign up for another month or not, haha.  I sure hope so because it is nice to enjoy your ‘job’.

Jenny Wren

Again this week I have been having positive trades on the Dow using the skills learned from Currency Connect.  I have made at least one trade per day on the Dow and all have been closed for profit.

I think I have a good thing going here.  I realize it is not a get rich quick deal but rather, a consistent steady as she goes type of approach.  I still have a long way to go to feel like I know what I am doing but it is coming along nicely.

If anyone is interested in Currency Connect you can go to their website and check it out.  There is no cost to become a member, just a cost to get the signals and triggers and then the rest is included.  I am quite happy with it so far.

Visit CurrencyConnect.net

Jenny Wren

Once again I have neglected my blog.  I have immersed myself in the world of trading.  In spite of past results and experiences, I have spent many hours listening to webinars, reading reports, and I admit to buying systems to trade with.  I have been swing trading stocks, options, and currency.  Of all the products I have tried and used, I think I have finally settled on 3 that I think are worthwhile and I have been having some success with.

For stocks, I have been very pleased with ‘Candlestick Trading Forum’ with Stephen Bigelow.  He gives a lot of value for the price you pay.  I am having minor successes following his training and live chat room.  The success would be greater with a larger account but I am pleased with what I am doing so far.  I have tried several other services with little to no progress made.

Rule 1 Investing remains the best training I have had so far for options.  I continue to have success with the 2 strategies I learned from them.  Again, the results are small but consistent.

I am currently investigating and learning about weekly options.  I have tried about 3 weekly option trades and been successful.  I do not feel I have enough knowledge in this area yet to give a good opinion of it, though it looks like a good strategy to add to my trading tool belt.

I am really quite excited about the possibilities in forex.  I found some good training and some good products that I am finally seeing some consistent positive results.  I hope to able to share more information on this as I see more successes in the future.  One site you might like to check out is Currency Connect.  I have one particular trade I learned with them that I have been positive on 10 out of 10 trades.  I would be happy to share it with anyone who signs up.

I am very hopeful of seeing increased success as I finally stop looking for the next holy grail of trading and learn the programs and strategies that I currently am using that are showing some consistent results.  I feel that the more I use them and study them, the better it will be.  There might be some light in the future.

Jenny Wren

Several years ago I learned about  ‘day trading’ on the stock market and how much money can be made doing so.  I figured I could learn how and do the same.  They forgot to mention, in the article I read, that 98% of those who try, fail.  I am sorry to say that I am one of those 98%.  I admit that I am just a regular, average person and it did not work out well.  I tried for several years but I am too emotional or whatever, to make a success of it.

But I caught the bug and have been trying to find an answer to how I might make money investing in some way or another.

There are many investment vehicles available, ranging from zero risk to significant risk.  Putting your money into bonds, bank GIC’s (guaranteed investment certificates) and such are virtually zero risk for losing your initial investment.  The problem often is that the interest rates in such investment vehicles are lower than the rate of inflation and in actual fact you may be losing actual buying power over time.

I tried mutual funds through an investment brokerage only to lose more money.  I would have to rank mutual funds as a medium risk vehicle.  Not as high as day trading, by any means, but still a risk and I do not seem to do well with risk.  I was never very good at games that require luck with dice or cards or whatever.

Next I decided that maybe I would just try to make some extra money by having a website to sell something.  I took a course how to get it set up but the course was not very clear or complete and I was not able to get it started or find anyone willing to let me sell their products.  I have not given up on this idea yet but it is on the back burner at the moment.

While I was doing my learning and searching on the web, I discovered forex trading.  I took some courses on that and tried it.  The results were similar to my day trading efforts.  They really mean it when they say that forex trading has ‘significant risk of loss’ and is not for all investors.

Then there are many websites that are HYIPs, otherwise known as high yield investment programs.  Have not really had the courage to try these as I kind of think that they are here today and gone tomorrow but you never know when tomorrow is here.

Recently I learned about trading options.  I think I have found one vehicle for my investing.  Trading options can be both high and low risk.  So far I have learned some of both.  Currently I have 2 favorite strategies that have been successful for me for the past 4 months.  I realize that that is not a long time to be able to really endorse them but I feel really good about them.  I think the test drive is over and I am on my way to owning this vehicle.  It is not a get rich quick plan but according to some rough calculations, I think I can take a $10K investment and turn it into $300K in about 15 years.  That would make a nice retirement with the monthly earnings.

Unfortunately retirement is here and so I am still looking for more vehicles.  Will keep you posted on what I find.

Cheers,  Jenny Wren

I am writing this post for those that have shown an interest in an earlier post I made about Wealthrock and their education program to have multiple streams of income.  I chose to learn about stocks and option investing and signed up for a 1 year mentorship after taking their Cash Flow Seminar.  They had guests from a company called Rule 1 Investing present the cash flow seminar and I was impressed and excited about being able to invest in the market with low risk strategies.

After a couple of months into the mentorship I was slowly learning more but anxious to get going with a live account and put some of what I learned into practice.  Just when I figured I was ready for the next step I was informed that my coaching classes were cancelled until further notice.  I tried to contact Wealthrock through several avenues but got nowhere with it.

After a few weeks I got a call from someone at Rule 1 Investing.  They informed me that Wealthrock had ‘closed their doors’.  Rule 1 felt an obligation to those who had signed up for more education following the seminar they presented and have offered to continue my education at no further cost to me even though they had not been paid either.  I am most grateful.

It has turned out to be a blessing in disguise as I am finding their education better and have successfully used one of their strategies to make some money in the market.  I am watching and looking forward to trying and learning more over the next few months.

I have tried trading on the market on my own and not done well so this is very exciting to me.  I truly believe I am going to create a nice retirement fund through what I am learning from Rule 1 Investing.  Nice to know there are still some honest and good hearted people in the world.

Jenny Wren

I attended a Financial Success Summit this week, put on by Wealth Rock.  It was very inspiring.

My dear husband, wanting to inspire me to greater things, took me to a ‘Power Within’ seminar.  It was very good.  All about being able to be whatever you want.  We all have the power to accomplish any dream.  My dream is to be able to make an income from home through the use of the internet.

At this seminar, I was introduced to Rule #1 investing which basically has one rule.  Rule #1, do not lose money and Rule #2, remember Rule #1.  I like that kind of attitude and hoped to learn more about it.  So I signed up for further learning on this.  I have done some stock and currency investing without much success and am very interested in learning the options trading and not ‘losing money’.  Will keep you posted on this.

The next step in the process was to attend a Financial Success Summit.  At this seminar, presented by Wealth Rock, I learned more about the stocks and options.  Enough to make me want more, which I guess was the object of the seminar.

I also learned about having multiple streams of income.  A concept that I have heard many times since I started looking for ways to earn money online.  The Wealth Rock presenters included income streams from real estate and tax liens and deeds.  They also presented ideas on how to keep your income after you earn it by going through some basics of asset protection.

The whole presentation was fascinating, in my opinion.  I wish I had the finances to take all of the further education available from them.  At this point I will only be following the stock and options portion but hopefully when I see success in this area, I will then have the funds to take more.

I really felt that Ryan Smith, Steve Sitkowski and the other presenters were great and were very interested in having us succeed in our pursuit of wealth and then in having us give and help others.  For those who are able to make money, it is their opportunity to share it and make the world a better place.

Kudos to the Wealth Rock team and the presenters at the Financial Success Summit.  Well done.