Welcome to this newsletter for easy share trading. Its been an exciting week for us, moving into a new office into Terrigal, a photo or two below.

and of couse the view...

Yes, we are very happy with the office and location in the heart of terrigal.

First ,a brief look at a chart of the XAO, representing the top 500 companies on the Australian Stock Exchange.

From last week the market has rallied, again closing above the 6 ema, as well as the longer term 24 ema.

So what does that mean? Well, seeing as I am not in the game of predicting, but working as much as possible with probability, it means the market is strong and that one trades accordingly.

Those of you that have done my courses will know that because the market is exhibiting strength, stops now widen, giving our trades room to move around a bit, we don’t want to get “whipped” out of a trade too early. Most people over trade, resulting in extra brokerage, more costs, less profit, more stress! Let's not join that crowd. We will let the market tell us what to do, not our emotions or any other piece of information that is not in our plan.

Last week I featured MOC. The stock has recovered a little from the sell off and it is still in the “hold” parameters.

Here is a new trade that I bought on Monday mornings open. The chart below is of SGN. This stock made a new closing 52 week high after last weeks trading. It had a big rally closing up quite high. Rather than wait for a pullback….that may never happen…. using position sizing (working out how MANY shares to buy to limit risk) the stock was bought immediately upon the signal. Buy price $1.085

SGN has a market cap of 440million, is in the ASX 500 and pays a dividend of 7.2% p.a.

We will watch this trade and see how it goes.

IGO is an open trade in the Course Momentum System. Some of the trades in that system were sold out due to the recent volatility, but this one hung in there as you can see. Stops in this system also widen back out now the market is showing strength again. This system is a “trading” system more than an investing/wealth building method like the 52 week high systems is, so expect to be whipped a bit now and again.

This trade sold:

I was holding IRI in my portfolio, and was up over 50% from my second purchase at 82, I use a “ tight stop” to protect trades in good profit, even if the normal

parameters are still valid, as above. These rules were in the Course Pyramid System that I taught recently.

I have now re invested the money into other opportunities.

That is what trading or active investing is all about, buy, profit and re purchase to maximize return.

But as I keep saying…………….not too often.

Some Details about upcoming courses:

January Courses 

In January I will be running two courses. From my feedback sheets I have determined the following is what people seem to be asking for...so here goes.

1/A follow up course from the two courses I taught in October and November

2/A new course teaching just one simple system, the Course Pyramid System, Versions 1 and 2 which are specifically designed for SMSF or just general trading and wealth building.

3/ Smaller class groups

DETAILS OF THE FOLLOW UP COURSE

It takes a while for most things to sink in doest it? I realise I tend to have a lot of content in my courses, perhaps too much for some, so I thought a review day was in order. On this follow up day we will review the lessons from the first course.

Review open and closed trades in both the systems, be that the Momentum System or the Course Pyramid System 1

Don't forget the very effective single position Course System 3 either, the one I taught in module one, we can spend some time reviewing that one as well.

It is not essential to pyramid, just an option for some. We can discuss the pitfalls and benefits of pyramiding also.

You will go away from this day with a more clear understanding of trend trading methodology, the pitfalls and advantages of the process.

DETAILS OF THE PYRAMID SYSTEM COURSE

Although I have taught this system in the first two courses, it has proved so popular that a lot of people will benefit from a review of it. I myself trade a version of this system.

This is a popular system for many as it allows the trader to trade the top 200 with good results.

I choose to trade the smaller cap stocks, but many traders don't feel comfortable outside the 200 or 300. Perhaps you are already holding stocks in those larger indexes, and are looking for a method to use in the future.

Whatever your situation, this is such a good method a second look wont hurt.

PRICES AND DETAILS:

THE FOLLOW UP COURSE

Saturday the 12^th of January

Time 1pm to 5 pm . Afternoon tea provided

Cost $150

THE COURSE PYRAMID SYSTEM 1 and 2

Saturday 19^th of January

Time 1pm to 5 pm . Afternoon tea provided

Cost $200

FOR THOSE THAT HAVE NOT ATTENDED A COURSE

Depending on numbers people that have not done a course with me I recommend they attend the Course Pyramid System day on he 19^th.

However I recommend you have some trading experience, if you are in doubt as to this ring or email me.

As usual I will be donating to the Khedrubje Kadampa Meditation Centre. This is included in the course fee.

NOTE: The classes will be a lot smaller than the one I held in October at Wamberal. The course I taught in Wollongong was more effective for the students in my opinion, as it was around the third the size of the first course.

I want to spend more time with students so they have a complete understanding of the methods.

Thanks for reading, hope everyone has a great week.

Peter