tag:blogger.com,1999:blog-120313622009-05-30T19:02:18.100+08:00Welcome to StockMarket Genie's blog! We will use it to communicate with our members and to post comments about trading the stock market and options trading in particular. But we are not providing financial advice. Visit www.stockmarketgenie.com for details of our disclaimer.David Chandlernoreply@blogger.comBlogger6125tag:blogger.com,1999:blog-12031362.post-1114580912008556012005-04-27T13:43:00.000+08:002005-04-30T14:22:21.296+08:00One of our recent call option trades netted a 48% profit after just two days.<br /><br />All the details will soon be posted on the member's website.<br /><br />For access, sign up for just $1 to the Genie Insiders membership service. Go to <a href="http://www.stockmarketgenie.com/members">www.stockmarketgenie.com/members</a>/specialoffer/<br /><br /><span style="font-size:85%;"></span><br /><span style="font-size:85%;">Kind Regards<br /><br />David Chandler<br /><br />Ordinary People Making Extraordinary Profits!<br /><br />www.StockMarketGenie.com</span><br /><br /><span style="font-size:78%;">The above comments are offered for educational purposes only. We are not providing you with financial advice. We are simply sharing with you what has and hasn’t worked for us personally. If you wish to trade or invest in the stock market you should obtain advice from a registered licensed advisor.</span><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/12031362-111458091200855601?l=stockmarketgenie.blogspot.com'/></div>David Chandlernoreply@blogger.com11tag:blogger.com,1999:blog-12031362.post-1113567907919488842005-04-15T20:23:00.000+08:002005-04-15T20:25:07.920+08:00One of Kaye’s recent trades. Following on from last week’s call trade on the same stock.<br /><br />Almost $4000 net profit on a four day put trade. Bought on Monday at 31c and sold on Friday at 64.5c - a gain of 108%.<br /><br />A friend of ours was in the same trade but bought on the Wednesday. And he made almost a $7000 profit in just two days! Bought at 30 cents and sold at 65 cents. A gain of 116%.<br /><br />Details wil be posted on the member's only website.<br /><br /><span style="font-size:85%;">Kind Regards </span><br /><span style="font-size:85%;"></span><br /><span style="font-size:85%;">David Chandler </span><br /><span style="font-size:85%;"></span><br /><span style="font-size:85%;">Ordinary People Making Extraordinary Profits! </span><br /><span style="font-size:85%;"></span><br /><a href="http://www.StockMarketGenie.com"><span style="font-size:85%;">www.StockMarketGenie.com</span></a><br /><br /><span style="font-size:78%;">The above comments are offered for educational purposes only. We are not providing you with financial advice. We are simply sharing with you what has and hasn’t worked for us personally. If you wish to trade or invest in the stock market you should obtain advice from a registered licensed advisor.</span><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/12031362-111356790791948884?l=stockmarketgenie.blogspot.com'/></div>David Chandlernoreply@blogger.com0tag:blogger.com,1999:blog-12031362.post-1113562864231119162005-04-15T18:58:00.000+08:002005-04-15T20:27:20.166+08:00CBA [ASX] put trades closed out today.<br /><br />I will add some extra coments here soon and the full details and chart will be posted on the members only website.<br /><br /><span style="font-size:85%;">Kind Regards </span><br /><span style="font-size:85%;"></span><br /><span style="font-size:85%;">David Chandler </span><br /><span style="font-size:85%;"></span><br /><span style="font-size:85%;">Ordinary People Making Extraordinary Profits! </span><br /><span style="font-size:85%;"></span><br /><a href="http://www.StockMarketGenie.com"><span style="font-size:85%;">www.StockMarketGenie.com</span></a><br /><br /><span style="font-size:78%;">The above comments are offered for educational purposes only. We are not providing you with financial advice. We are simply sharing with you what has and hasn’t worked for us personally. If you wish to trade or invest in the stock market you should obtain advice from a registered licensed advisor.</span><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/12031362-111356286423111916?l=stockmarketgenie.blogspot.com'/></div>David Chandlernoreply@blogger.com0tag:blogger.com,1999:blog-12031362.post-1113114128144985482005-04-10T14:15:00.000+08:002005-04-10T14:22:08.146+08:00Tax time is here again!<br /><br />And as traders you need to make sure that your tax records are in order and that you claim all legitimate tax deductions.<br /><br />And also that you are operating under the best legal arrangement in order to minimize your tax liabilities.<br /><br />For all our US members, we have discovered a great resource at: <a href="http://www.tradersaccounting.com/a.pl?tax&1104">http://www.tradersaccounting.com/a.pl?tax&amp;1104</a><br /><br />Check out the free articles in their "newsletter" section.<br /><br /><br /><span style="font-size:85%;">David Chandler</span><br /><span style="font-size:85%;"><br /></span><a href="http://www.StockMarketGenie.com"><span style="font-size:85%;">www.StockMarketGenie.com</span></a><br /></span><br /><span style="font-size:85%;">Ordinary People Making Extraordinary Profits!</span><br /><span style="font-size:85%;"><br /></span><span style="font-size:78%;">The above comments are offered for eduactional purposes only. We are not providing you with financial advice. We are simply sharing with you what has and hasn't worked for us personally. If you wish to trade or invest in the stock market you should obtain advice from a registered licensed advisor.</span><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/12031362-111311412814498548?l=stockmarketgenie.blogspot.com'/></div>David Chandlernoreply@blogger.com0tag:blogger.com,1999:blog-12031362.post-1113040494588851112005-04-09T17:37:00.000+08:002005-04-10T18:12:07.260+08:00<strong>CBA</strong> [ASX]<br /><br /><img border="0" src="http://www.stockmarketgenie.com/blogimages/chart.jpg" width="326" height="198"><br /><br />One of Kaye's recent trades.<br /><br />Almost $2000 net profit on a three day call option trade. Bought at 24c and sold at 45c - a gain of 87.5%.<br /><br /><br /><strong>DETAIL<br /></strong><br />Based on the particular news events at the time [an expected interest rate rise did not occur], an entry was made on Tuesday 6 April on the anticipation of a continuation of an established uptrend.<br /><br /><span style="font-family:georgia;">As price approached</span> resistance the decision was made to exit on Friday 8 April, rather than risk holding over the weekend.<br /><br /><br /><strong>ANALYSIS</strong><br /><br />This trade is not strictly by the rules!<br /><br />It is an example of an experienced trader who knows the stock and is paying attention to news events and sentiment indicators.<br /><br />The MACD was supportive of the entry but not much else was.<br /><br />So there was some anticipation in the timing of the entry. The Bollinger Bands were collapsing but this can be used as a guide to a potential reversal.<br /><br />Notice in particular how the MAs were rapidly approaching each other and actually crossed on the entry day. And volume increased the day after the trade.<br /><br />The trade was entered on the understanding that if the price move was not as anticipated, then a prompt exit would be made.<br /><br /><br /><strong>LESSONS<br /></strong><br />Sometimes anticipation, based on sound principles, can be effective.<br /><br />But this strategy requires experience and an understanding of the stock and its reaction to news events.<br /><br />Novice traders should not stray from the rules until they have the track record necessary to establish the required level of confidence.<br /><br /><br /><span style="font-size:85%;">David Chandler</span><br /><a href="http://www.StockMarketGenie.com"><span style="font-size:85%;">www.StockMarketGenie.com</span></a><br /><span style="font-size:85%;"></span><br /><span style="font-size:85%;">Ordinary People Making Extraordinary Profits!</span><br /><br /><span style="font-size:78%;">The above comments are offered for eduactional purposes only. We are not providing you with financial advice. We are simply sharing with you what has and hasn't worked for us personally. If you wish to trade or invest in the stock market you should obtain advice from a registered licensed advisor.</span><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/12031362-111304049458885111?l=stockmarketgenie.blogspot.com'/></div>David Chandlernoreply@blogger.com0tag:blogger.com,1999:blog-12031362.post-1113011726717877012005-04-09T09:43:00.000+08:002005-04-09T09:55:26.720+08:00Welcome to StockMarket Genie's new blog!<br /><br />The intention with this is to provide a simple, direct means of two-way communication between us and our members.<br /><br />We will also use it to post educational material and commentary on the stockmarket and options trading in particular.<br /><br />It is sort of a combined forum and newsletter.<br /><br />If you wish to view the blog or make a post go to: <a href="http://stockmarketgenie.blogspot.com/">http://stockmarketgenie.blogspot.com/</a><br /><br />To make a post simply send me an email and I will provide you with immediate access. I look forward to receiving your feedback and comments.<br /><br /><span style="font-size:85%;">Regards</span><br /><span style="font-size:85%;"></span><br /><span style="font-size:85%;">David Chandler</span><br /><a href="http://www.stockmarketgenie.com"><span style="font-size:85%;">www.stockmarketgenie.com</span></a><br /><span style="font-size:85%;"></span><br /><span style="font-size:85%;">Ordinary People Making Extraordinary Profits!</span><br /><br /><span style="font-size:78%;">The above comments are offered for eduactional purposes only. We are not providing you with financial advice. We are simply sharing with you what has and hasn't worked for us personally. If you wish to trade or invest in the stock market you should obtain advice from a registered licensed advisor.</span><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/12031362-111301172671787701?l=stockmarketgenie.blogspot.com'/></div>David Chandlernoreply@blogger.com0