Never drive a car by looking in the rear view mirror – unless you want to crash!

Never drive a car by looking in the rear view mirror – unless you want to crash!

Never drive a car by looking in the rear view mirror – unless you want to crash!

I love it when we get feedback and questions through from people following the publication of our articles each week. Some people really struggle to come up with something to write about on a regular basis, but Matt and I find this one of the more interesting and certainly fun tasks.

Even more enjoyable is writing a follow up article. Over a period of time, going back and checking how your views came to fruition or were totally off the mark can prompt a pause for reflection, review of processes or indeed a big smile – sometimes all three.

A couple of weeks ago, my article on a “A Critically Important ABC that any serious investor needs to read”, prompted a number of comments from all corners. Questions about how those views came about, as well as how best to profit from them.

About the Article

So, as discussed, Apple Inc. (NASDAQ: AAPL) has dropped like a stone – around 5% in two session. BHP Billiton Limited (ASX: BHP) we also suggested would be pulling back, on the fall in iron ore prices. Having banked our profits 64% plus profits on the bear call spread (to see the ABC article Click Here), we have been looking for a serious pullback in the stock, to reset again. BHP Billiton Limited’s (ASX: BHP) fall has been enough to give you a nose bleed, in terms of its pace and range, but that should be the only blood on the floor, right? Now of course, past performance good or bad, is exactly what it is – past performance – and certainly no predictor of future performance – kind of why you can’t drive a car safely, by looking in the rear view mirror!

So how have you done, with these price moves?

Profited from them I hope, after all, I did tell you about them, in time to take action. More importantly, I hope you aren’t sitting on the sidelines waiting for the right time to get into the market. Again – you can’t safely drive a car looking in the rear view mirror – you have to look forward!

The best time to get in was 20 years ago, the next best time is now!  

If you want to learn how these views were identified and acted upon, Click Here and talk to one of the trading team. What’s more I have a full 2 day training session coming up in November that perhaps you may want to come to? They can share with you how to book your seat.

At least you will learn something and more importantly, have the opportunity to look forward – not backward – to a more prosperous financial future.

Originally from the UK, Andrew has been a market professional for almost 19 years, trading a wide range of global markets and instruments. As a highly regarded industry speaker, he has spoken alongside Sir Richard Branson, Robert Kiyosaki, Anthony Robbins and Tony Blair, empowering many thousands of people, from all over the world, with the skills, techniques and ...
Follow Andrew Baxter on Google+

Leave a Reply

Your email address will not be published. Required fields are marked *

*

Get Access To Your Income On Demand Opportunities

Sign up to receive the latest income generating how-to's, and ASX and US market insights!

Where should we mail you our latest income generating how-to's, and ASX and US market insights!?