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Q:
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Is the Trader's Manual supplied as a printed book?
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A:
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No, we don't supply the
Trader's Manual as a printed book. Most of our customers
do print it, and put it in a binder. It is 55 pages.
There are 12 charts, across 8 pages, which should be viewed
in color, so you will want the PDF file handy if you print
them in B/W. The .PDF file contains links to the chart pages on
our Web site, where we will continue to provide additional
information relating to the indicators described by each chart.
When we get a Market Buy Signal, we will be giving examples
of how each indicator confirms the Buy or Sell Signal for some
of the individual stocks selected by the system, on these Web
site pages.
There is also a graphic file included with the PDF file. This
is a graphic file of a stock chart, which is described in the manual.
It does not print when the PDF file is printed, but can be
printed from most graphic programs, or your Web browser. Again,
this should be printed in color.
If you don't have a color printer to print the chart pages,
you can take the file to Kinko's to have the 8 chart pages
and the graphic file printed in color.
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Q:
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Why aren't there any losing trades on your portfolio?
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A:
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We haven't had a losing trade in more
than four years using the TradeSmart system. I know that this sounds
to good to be true. Therefore, we are offering a limited money back guarantee.
"If you can document even one losing trade that conforms to the stock
selection criteria, and trading method, as detailed in the Trader's
Manual, from November 2, 1995 until January 28, 2000, we will refund your
Trader's Manual purchase price."
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Q:
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Why are there large time gaps in your portfolio?
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A:
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We are not invested in stocks during
market corrections and bear markets. By timing the market, we avoid
the losses many investors suffer during corrections, or even bear
markets.
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Q:
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Where can I get daily data and charts on the Internet?
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A:
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At TradeSmart we use
Quotes Plus®, but there are several others. There are also free sources of
data, some of which may be fine, however we have looked at several that had many
errors.
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Q:
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How is your system different from William O'Neil's
CANSLIM method or Henry Ford's PITBULL system?
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A:
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We time the market, and we do not give back
our profits. We employ a mechanical, and more conservative, approach to
stock selection.
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Q:
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Is it important that volume always go with the price trend?
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A:
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Yes. When the momentum indicator is giving
either a sell or buy signal, pay close attention to volume. It must confirm
the direction of price (i.e. if the price is up for the day, the volume
should also be up, and vice versa). I also consider the size of the price
move, in relation to the volume. If the next new high is up by more points,
than the last high, but on less volume, this is a divergence. The trader
should sell.
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Q:
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Is relative strength an important consideration?
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A:
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Yes. It tells you how your stock is doing,
compared to an index. However, this is not your only consideration. If
the market is declining, it is more important to know if your stock has
enough momentum, to outperform the market. The momentum indicators will
best determine, which stocks are likely to be the leaders.
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