These updates were previously provided on the main website under the Vince Stanzione review page but I’ve decided to move them onto the blog as it is easier to post them here.

A load of trades expired on the 14th June 2011 and caused a large move in the balance of the account.

Here are the important numbers:

Trades opened: 42
Winning trades: 28
Losing trades: 13
Break-even trades: 1

This leaves my spread betting account up 24.1% from the balance at the close of play on the 15th March 2011 (the time of the last update).

28 trades rolled-over - can you guess why? These will all expire on the 20th September 2011.

As this account approaches its first anniversary, the overall return on closed positions is a very healthy 27.08%.

Speaking to a business associate over the weekend it occurred to me that not everybody has a vast understanding of spreadbetting and that, compared to some, I’ve got plenty of experience! My account with Finspreads was opened way back in 2004 and has had many ups and downs.

In fact, I discovered some old trading statement emails from back in April 2004. These showed just how undisciplined my trading was in the early days.

For example, I lost almost 50% of my bank in just 10 positions over a week (!) and then made 20% from 9 positions over the next two weeks when I was on holiday and away from a computer.

The style of trading I adopt now - where I often don’t check my positions for days, and only open new trades once a week - is far less stressful and appears to be performing quite well at present.

With the low amount of funds I have I am limited in the markets I can trade. All of my trades over the last year have been on UK shares that are under £7 whereas back in the days where I was losing a lot of money I would trade Gold, GBP/USD, US shares and stock indices.

My main aim for the first 12 months of this new, cautious approach to spreadbetting was to simply not lose money and providing that I don’t suddenly make a huge mistake or get caught on the wrong side of all of my trades, I could end up doing better than I imagined.

With stop losses in place on all my trades, I know that I am covered to an extent against a sudden crash (or boom) in the markets. Providing we don’t see massive gapping occurring in UK FTSE 350 shares I should survive.

What was missing in my trades back in 2004 was a solid money management plan. Everything I traded was at, say, £1 a point or £2 a point. It was always rounded up to the nearest pound.

Today it is different. One trade I opened this morning is for 72p a point, another for £1.05 a point. A few weeks ago I opened a trade for £5.23 per point but this has the same risk as all of the others.

Is this money management plan helping me to make successful trades? Maybe. What it definitely is doing is allowing me to relax. I know the worst case scenario for any trade I make and that makes it far less stressful.

No margin calls, no anxiously watching the screen hoping for a turnaround.

Risking only 2% per trade means I’d have to have 50 losers in a row to go bust. Although this can happen, the likelihood is low.

At the moment, it is quite enjoyable to be a “spreadbettor”.

Vince Stanzione’s spread betting course is available at:
http://www.thefintrader.com

To make a change from writing blog posts about dodgy opportunities, here’s an update that is similar to the newsletters I used to send out and focuses on some good opps.

I realise that these appear to be few and far between recently.

Further down you’ll find links to some great free information from a well-known expert information publisher who has been quiet for quite some time. Evidently he’s still beavering away in the background.

But first…

The One A Day System

This opp is currently being tested and the results updated regularly on the main site:

The “One a Day” System from Clive Keeling of Canonbury Publications

Sometimes it seems that as soon as I start to test a system it goes through a big losing streak.

Remember the Lazy Lay system from a couple of years ago?

The Lazy Lay Quick Profits System by Bill Stratford

Not long after I started to use that system it began to lose money consistently.

Eventually it seems everyone gave up on it, apart from the publishers that is, who still have it up for sale online.

Clive’s system started quite badly for me, the second bet was a painful loser, as was the 5th bet but then it got interesting.

Ten winning bets over ten consecutive days brought the bank back into profit and suggested that this system has potential.

Of course, 3 losing days in a row straight after that threw a spanner in the works and even Clive admitted on the 3rd day that he should’ve declared it a “no bet” day.

19 bets so far probably isn’t a valid statistical test so I will be continuing with this one.

If you’re interested in the One A Day system, keep an eye on the results using the link above.

A 100 day test would seem to be reasonable as that would equate to 100 bets so that’s what I’ll aim for.

Making Money From Financial Spread Trading

If you’ve read through BizOppsUK.com then you’re probably aware that Vince Stanzione’s spread betting course was the first biz opp I bought back in 2004.

Since then I’ve jumped in and out of spread betting and fixed odds betting. My BetOnMarkets accounts never did very well and I can’t say I’ve ever really warmed to that site.

Spread betting, however, is a completely different story.

At the beginning I lost some money - mainly through making some silly day trades on a whim - but recently I have been quite successful trading UK shares long and short.

I’ve a load of trades open at the moment, all expiring on the 14th December and overall I am doing pretty well. Of course, this could all change by the expiry date so we will have to wait and see.

However, I am very happy with the latest version of Vince’s course which has gone through a re-vamp.

More details are available on the site, including results:

Vince Stanzione, Spread Betting and First Information

Stuart Goldsmith

Over the weekend I was looking through the manuals and folders sat on my bookshelf and found a course I hadn’t read in some time - Escape the Matrix by Stuart Goldsmith.

In the past Stuart always seemed to retire, then return, then retire again. He has been quiet for a long time now with no new products.

His site shows that he is still writing from time to time and you can read several of Stuart’s reports for free - completely free, he doesn’t even ask for an email address - on his site:

Stuart Goldsmith - Free Downloads

Have a good read through his reports, it’s well worth your time and you may well just pick up some ideas that you can use to make more money.

Random Bits

Have you used Vince Stanzione’s methods? How have you fared?

What about the One A Day System? What kind of results have you got?

Are there any other betting systems that you like the sound of but haven’t bought yet? I’m looking for other systems to test, hopefully ones from credible sources, not the junk that one Barnsley internet marketer keeps releasing under fake names!

If you’ve anything to add, feel free to add a comment to this post.

Almost three years ago I bought my first Apple product - a Macbook (the Apple equivalent of a laptop). Unfortunately the hard disk failed just last week which meant a couple of hours inserting a new hard drive and reloading the operating system.

All in all though, it’s a superb piece of kit. Well built, stylish and reliable - traits that Apple are becoming known for.

Perhaps this is why their stock is doing well at the moment.

Since October of last year the Apple share price has been in a trading range but just recently it has started to move up.

Stock market traders will now be wondering if Apple is ready for a upwards move.

And the traders over at INO have pre-empted this question by doing one of their famous free trading videos.

http://www.ino.com/info/333/CD34/&dp=0&l=0&campaignid=3

According to Adam Hewison, the President of INO:

“The world has changed, it is not a buy and hold market anymore. You need to be nimble, trade with a game plan and be disciplined. Those are the key mantras of a successful trader.”

With that in mind, check out what he currently thinks about Apple.

As always, there is no need to register or supply an email address or anything like that.

It’s just what it says, a free trading video discussing the likely direction Apple stock is going to take:

http://www.ino.com/info/333/CD34/&dp=0&l=0&campaignid=3

Enjoy!

Sometime ago I read an article which I really wish I could find now.

If I remember correctly it was written when the FTSE was riding high at well above 6,000.

It basically said that the FTSE fell as low as 3287 in March 2003 and that, according to the writer, we were “unlikely to ever see the FTSE at those sorts of levels again” (or words to that effect).

The quote stuck in my mind as I often read stock market related books and many say the same thing - markets are never too low to go lower.

And I guess what we are seeing now is severe fear in the markets and a lot of selling.

What do you think - will the FTSE fall further than that famous March 2003 low?

I wouldn’t bet against it.

In fact, I would imagine that certain people are making a lot of money from this falling market.

The first ever business opportunity I bought was Vince Stanzione’s home study course - and it was all down to an article I saw in the Sunday Observer.

Vince was the main subject in a fascinating two-page feature about spread betting the financial markets.

The article described how he had made a fortune trading a mining share (Antofagasta) and also trading the price of Gold.

The article quoted profits of several hundred thousand pounds in just three months.

I remember taking the page out of the paper and carrying it around with me, reading it and showing it to people in the pub. It struck a chord with me as I was reminded of a story I heard in the late 90s of an investment club making a fortune by spread betting the markets rather than just buying shares.

To cut a long story short, I eventually sent off for more details and received a sales letter. I then proceeded to read that letter over and over again - getting more and more excited about the possibilities of trading.

And one day, finally, I faxed off the order for Vince’s course. A couple of days later it arrived and I spent hours reading through the manual and watching the DVD.

At the beginning of this month I reloaded my trading account and started again afresh.

My last ‘try’ ended well, with me getting a 10% return on my capital over just 6 months. I had to cut it short as I was buying a house and needed all spare cash for the deposit.

So, I dug out my 2004 Stanzione course and read through it, watched the DVD and made notes. Then I decided to get an up-to-date version which just arrived today. And, well, it’s certainly been updated over the past 5 years.

Now containing 2 DVDs and a manual of well over 200 pages of quality information, this is going to keep me busy for a while.

I’ll be updating the site soon with more details but if you are interested in finding out more about Vince, check out his site at

http://www.thefintrader.com or check out my review at

Vince Stanzione, Spread Betting and First Information.

Making Money from Financial Spread Trading is the course I recommend for people who want to get into trading the markets but, like me, don’t want to be stuck in front of a computer monitor all day watching charts.

Vince’s methods are simple and take just a few minutes a day which suits me down to the ground and the results I have had have made it a very worthwhile investment.

Check out more at: http://www.thefintrader.com and watch out for more news about my results.