Hello everyone,
Welcome to Accelotrade Academy. This was formerly called Excel 4 Stocks before, but I changed it to Accelotrade Academy to suit with the work I am helping out with kids and individuals who like to learn what I mastered. This is a site which had been a fruit of the many years of study and experience in scripting and trading. I believe that an individual can actually do his or her own investing without the need of the institutions like the big Mutual Fund Companies and the like. I do not say that they are bad or you should not use them. If you do not know anything at all about investing and trading then you are better off using them, just like me when I did not have a clue of what investing and trading.
Before coming to Canada, I knew a little about investing and is more like saving my money not really the real meat and potato of trading with the stocks of a particular company. I was naive then placing all my RRSP and Locked in Retirement Fund with the big Mutual Fund. This Mutual Fund I came to trust so much that nothing could persuade me to do anything else other than giving my money to these guys.
It was the God-Father of our wedding who kind of awakened me to this slumber. He told me that if I have to make sure that my portfolio is gaining I have to do it myself. Same words that reminded me of my Father Benjamin Noel Sr. who taught me that "If you want it right, do it yourself."
Fast forward 5 years later after my God-Father told me those words, the investment that I had with the Mutual Fund never actually grow. I was paying more and more in Management fees. It grew only by the fact that I was adding money into my portfolio not because it had been invested wisely. Sometimes, realization comes knocking on yourself only when there are big events that befall on you. My God-Father Jaime died and it was then I started tinkering what he told and taught me. And that was my realization, no gain at all in the hands of the big guys who I thought could make my portfolio bigger because they are big. But reading the book of Derek Foster called "The Lazy Investor" I found out that Mutual Funds add money into the fund only after the stock had already made a great run. Besides their first interest is not so much with you but profit with their company which is created by the management fees whether your investment had grown or not.
Derek Foster, the author of the book "The Lazy Investor" kind of become my 2nd mentor in stock investment after my God-Father Jaime Salcedo. It was from Derek I started moving out my funds from the Mutual Fund Company and placed them in Investor's Edge of CIBC, self managed LIRA and RRSP. I started with many of the well known companies that Derek mentioned as dividend paying companies and I made money on them like Scotia Bank of which I made money in the increase of share value and the dividends. Later on I started adding shares in different companies like Cineplex, Shaw, Power Financial and Enbridge. They all gave dividends, so you were making money in all sense even if the turn around was slow. Later on I started knowing those TSX Ventures stocks that are cheap and has the potential to grow bigger in a span of 1 year, like IplayCo which I got in at .75 and made money at 1.50. Then slowly my attention got into investing in what I like and love which is facebook. Companies that had been dominant in the industry at the same time making revenues. I got facebook at $30.00 and had sold it at 50 then re-bought at 56 and held it up until now. In the span of 2 years I made my portfolio to grow to 200%. In the 8 years that the Mutual Fund had been holding my portfolio it never grew. Compare the growth between the my self-managed portfolio against what had been held by big guys. If I was able to make it, then you should be able to make the same too, instead of being promised to receive a meager gain of 3% which could even go less if you have to account the inflation rate.
It is so amusing to see a commercial of many banks and Fund manager advertising for a 2% return of your money being saved. If you come to think that inflation rate is 3% then you are actually draining money instead of earning money. For all of us hard working Canadians, our money is a hard-earned money and should be saved and invested properly in order to generate more for us. But if you rely on just giving away your money into the hands of Money Managers, you may gain perhaps that 2% and in how many years we do not know. But If you learn the trade of doing it on your own you will be handsomely rewarded.
My third mentor in this stock investing and trading journey is Mark Minervini, the author of "Trade like a Stock Market Wizzard", It was from him I learned to use the so called Minervini SEPA Strategy to filter out stocks that poised to be super-performers. With his strategy I was able to recreate his filter in stockfetcher.com so I can easily pickup those possible super-performers. Then I kind of combined also his strategy with Larry Williams, the author of "The Secret of Selecting Stocks For Immediate and Substantial Gains". It was from Larry Williams that I was able to create my own program in excel that will help me identify if the stock has still all the necessary backing of the insiders to propel to higher highs or the insiders are exiting and the price would just eventually go into waterfalls. There is also a Millionaire wizard who had been teaching other students to become millionaire like him, his name is Tim Sykes. I had been following him silently without signing up with him and I learned few strategies which he used in picking up possible plays using the Percent Gainers from Yahoo Finance. It was from him that I got inspired to create my own script in scooping the Percent Gainers from yahoo in excel and automatically filter the data based on my preferences as well as compare one data against previous data so I will be able to know right away possible play thru the changes in price and Volume. And because the whole strategy involves reading a chart, especially candle chart, Steve Nison's "Secret to Becoming a Samurai Trader" had helped me a lot in determining candle formation and knowing those reversal signals like Morning star, shooting star, Dojis, hammers hanging man and the like. Since chart is not only composed of just the candle stick formation but also involved in reading the volume of shares being traded, Anna Couling's "A complete Guide to Volume Price Analysis" had helped me a lot too in deciphering the possible clue of what are false moves and valid moves in candle formation based on its accompanying volume.
All these knowledge and experience I laid out in this blog to help out other newbies and other traders who would like to learn to do their own investing and trading or enhance their trading knowledge. We worked so hard for our money in the 9-5 jobs we undertook but we never give a chance to let our money work for us. And the only way to let it work for us is to learn trading and investing. By learning this trade you will come into the realms of having your money work hard for you too, even while you do not work.
Mark Minervini mentioned in his book "Trade like a Stock Market Wizzard" that if you want a decent return, you can always put your money with good mutual fund manager, in a hedge fund, or an index fund. If you want Superperformance, you are going to have to go the extra mile. But first you need to understand that your greatest challenge is not the stock market. It's you. I remembered my Father used to tell me: "Success is 99% perspiration and 1% inspiration." You need to work hard also in learning how investing and trading is done. Just like Michael Phelps mentioned: "If you want to be the best, you have to do things that other people are unwilling to do."
This blog is for those who are willing to do what other people don't like doing at all.
Noel Jerome Noel
Practice makes Perfect
accelotrade.com
Welcome to Accelotrade Academy. This was formerly called Excel 4 Stocks before, but I changed it to Accelotrade Academy to suit with the work I am helping out with kids and individuals who like to learn what I mastered. This is a site which had been a fruit of the many years of study and experience in scripting and trading. I believe that an individual can actually do his or her own investing without the need of the institutions like the big Mutual Fund Companies and the like. I do not say that they are bad or you should not use them. If you do not know anything at all about investing and trading then you are better off using them, just like me when I did not have a clue of what investing and trading.
Before coming to Canada, I knew a little about investing and is more like saving my money not really the real meat and potato of trading with the stocks of a particular company. I was naive then placing all my RRSP and Locked in Retirement Fund with the big Mutual Fund. This Mutual Fund I came to trust so much that nothing could persuade me to do anything else other than giving my money to these guys.
It was the God-Father of our wedding who kind of awakened me to this slumber. He told me that if I have to make sure that my portfolio is gaining I have to do it myself. Same words that reminded me of my Father Benjamin Noel Sr. who taught me that "If you want it right, do it yourself."
Fast forward 5 years later after my God-Father told me those words, the investment that I had with the Mutual Fund never actually grow. I was paying more and more in Management fees. It grew only by the fact that I was adding money into my portfolio not because it had been invested wisely. Sometimes, realization comes knocking on yourself only when there are big events that befall on you. My God-Father Jaime died and it was then I started tinkering what he told and taught me. And that was my realization, no gain at all in the hands of the big guys who I thought could make my portfolio bigger because they are big. But reading the book of Derek Foster called "The Lazy Investor" I found out that Mutual Funds add money into the fund only after the stock had already made a great run. Besides their first interest is not so much with you but profit with their company which is created by the management fees whether your investment had grown or not.
Derek Foster, the author of the book "The Lazy Investor" kind of become my 2nd mentor in stock investment after my God-Father Jaime Salcedo. It was from Derek I started moving out my funds from the Mutual Fund Company and placed them in Investor's Edge of CIBC, self managed LIRA and RRSP. I started with many of the well known companies that Derek mentioned as dividend paying companies and I made money on them like Scotia Bank of which I made money in the increase of share value and the dividends. Later on I started adding shares in different companies like Cineplex, Shaw, Power Financial and Enbridge. They all gave dividends, so you were making money in all sense even if the turn around was slow. Later on I started knowing those TSX Ventures stocks that are cheap and has the potential to grow bigger in a span of 1 year, like IplayCo which I got in at .75 and made money at 1.50. Then slowly my attention got into investing in what I like and love which is facebook. Companies that had been dominant in the industry at the same time making revenues. I got facebook at $30.00 and had sold it at 50 then re-bought at 56 and held it up until now. In the span of 2 years I made my portfolio to grow to 200%. In the 8 years that the Mutual Fund had been holding my portfolio it never grew. Compare the growth between the my self-managed portfolio against what had been held by big guys. If I was able to make it, then you should be able to make the same too, instead of being promised to receive a meager gain of 3% which could even go less if you have to account the inflation rate.
It is so amusing to see a commercial of many banks and Fund manager advertising for a 2% return of your money being saved. If you come to think that inflation rate is 3% then you are actually draining money instead of earning money. For all of us hard working Canadians, our money is a hard-earned money and should be saved and invested properly in order to generate more for us. But if you rely on just giving away your money into the hands of Money Managers, you may gain perhaps that 2% and in how many years we do not know. But If you learn the trade of doing it on your own you will be handsomely rewarded.
My third mentor in this stock investing and trading journey is Mark Minervini, the author of "Trade like a Stock Market Wizzard", It was from him I learned to use the so called Minervini SEPA Strategy to filter out stocks that poised to be super-performers. With his strategy I was able to recreate his filter in stockfetcher.com so I can easily pickup those possible super-performers. Then I kind of combined also his strategy with Larry Williams, the author of "The Secret of Selecting Stocks For Immediate and Substantial Gains". It was from Larry Williams that I was able to create my own program in excel that will help me identify if the stock has still all the necessary backing of the insiders to propel to higher highs or the insiders are exiting and the price would just eventually go into waterfalls. There is also a Millionaire wizard who had been teaching other students to become millionaire like him, his name is Tim Sykes. I had been following him silently without signing up with him and I learned few strategies which he used in picking up possible plays using the Percent Gainers from Yahoo Finance. It was from him that I got inspired to create my own script in scooping the Percent Gainers from yahoo in excel and automatically filter the data based on my preferences as well as compare one data against previous data so I will be able to know right away possible play thru the changes in price and Volume. And because the whole strategy involves reading a chart, especially candle chart, Steve Nison's "Secret to Becoming a Samurai Trader" had helped me a lot in determining candle formation and knowing those reversal signals like Morning star, shooting star, Dojis, hammers hanging man and the like. Since chart is not only composed of just the candle stick formation but also involved in reading the volume of shares being traded, Anna Couling's "A complete Guide to Volume Price Analysis" had helped me a lot too in deciphering the possible clue of what are false moves and valid moves in candle formation based on its accompanying volume.
All these knowledge and experience I laid out in this blog to help out other newbies and other traders who would like to learn to do their own investing and trading or enhance their trading knowledge. We worked so hard for our money in the 9-5 jobs we undertook but we never give a chance to let our money work for us. And the only way to let it work for us is to learn trading and investing. By learning this trade you will come into the realms of having your money work hard for you too, even while you do not work.
Mark Minervini mentioned in his book "Trade like a Stock Market Wizzard" that if you want a decent return, you can always put your money with good mutual fund manager, in a hedge fund, or an index fund. If you want Superperformance, you are going to have to go the extra mile. But first you need to understand that your greatest challenge is not the stock market. It's you. I remembered my Father used to tell me: "Success is 99% perspiration and 1% inspiration." You need to work hard also in learning how investing and trading is done. Just like Michael Phelps mentioned: "If you want to be the best, you have to do things that other people are unwilling to do."
This blog is for those who are willing to do what other people don't like doing at all.
Noel Jerome Noel
Practice makes Perfect
accelotrade.com
It's very interesting, Thanks for sharing a valuable information to us & Knowledgeable also, keep on sharing like this.
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