Entries Tagged 'Financial Freedom' ↓

There’s a new breed of wealthy individuals arising today. They’re cashed up and ready for adventure - but not just any adventure. They’re out there experiencing the kind of adventures that only certain types of people can afford. They’re calling them “Thrillionaires“.

Nik Halik is one of them. He’s a self confessed “adrenalin junkie” who takes himself on the most amazing adventures around the planet, under the planet and more recently, out in space.

Among his repertoire of accomplishments, Nik includes diving five miles into the icy waters of the North Atlantic, to land on the deck of the famed Titanic and having lunch there. Perhaps there is something symbolic in that, because this ship, made famous by the movie of the same name, was the playground of the rich and famous at the time of its demise.

From the dark depths of the ocean, Nik’s hunger for thrills have taken him to scale the mountains of Everest and beyond. He has been one of the privileged few to realize a childhood dream of becoming an astronaut and to gaze at the curvature of the earth from space. The package included a short stay on the International Space Station, the only manned outpost in orbit. He remembers the surreal experience of being able, in his own words, “to blot out the earth with his thumb”. Nik is also the first flight-qualified and certified civilian astronaut from Australia.

“I have already been to the edge of space, 20 miles (32 kilometres) from the surface of the earth,” he said. “Now we are talking about 250 miles from the earth.”

Nik’s ultimate goal is to walk on the moon.

Being able to afford such unreal adventures requires money - and lots of it. But Nik Halik was not born into a wealthy family. He is a self-made millionaire, become thrillionaire. His early years were spent as a broke musician in a rock band, doing gigs mainly in restaurants, pubs and the like. When the Australian fringe benefits tax laws changed in the late 80’s, dining out ceased to be a “tax deductible” expense for business and the small-time music entertainment industry suffered as patrons of eating houses diminished. Nik subsequently found himself in debt and needed to find an alternative solution to his cashflow problems.

Then he discovered option trading. He learned proven techniques that work and spent many hours backtesting years of data, to “get the feel” for stock market charting patterns that yield highly probable results. Through focus and discipline, he developed his own cashflow strategies that yielded him a very healthy return. Nik then used this new disposable income to invest in the property market, with such success that by the time he reached his late 20’s he had amassed quite a fortune.

In 2001 he founded the Financial Freedom Institute (FFI), Money Masters and also co-founded the Intelligence Group of companies and became a wealth educator, teaching his stock market and property investing techniques to thousands globally. Today, he includes best-selling author on his list of achievements.

Nik believes that anyone can do what he has done. He doesn’t regard himself as specially gifted above other human beings, but will tell you that it’s all a matter of training your mind and emotions to shift into an “abundance mentality”. Once you adjust your thinking, you can “reach for the stars”. Nik Halik has done that, literally.

Check out this YouTube Video Review of Nik Halik’s Seminars

The Stock Market is not going away. Those who know it’s secrets can expect a lifetime income. If such a prospect interests you, check out Nik Halik’s official website by visiting Nik Halik’s Wealth Super Highway

Nik Halik - Super Trader

Option debit spreads can be a very useful and in some cases, lifesaving tool when trading. The following example shows how that, even when the price of the underlying financial instrument goes against you, you can still make a nice profit on your investment. It just takes a bit longer, but it illustrates the superiority of this strategy over only ‘going long’ on call or put options.

The following example was traded on the Australian market, but the principles can apply to any market in the world.

In late August, I entered an option trade on ANZ bank. It was a ‘debit spread’ which is where you BUY a call option (in this case) at a ’strike price’ just above the current market price, but also SELL another call option at a ’strike price’ higher up. In this case, it was an $18.50 / $19.00 spread. On reflection, it was a bad time to buy, but I had it pre-set in my broker account to automatically enter at a certain price and it did so. I was away at the time and not monitoring the market and had forgotten about this. The next day, ANZ came out with some bad news and the share price dropped about $2.

Now, if I had only entered the ‘buy’ side of the contract, this would’ve been very bad news. However, with a “spread” you can do interesting things…. I thought to myself, “if the share price has dropped, that means my ‘way-out-of-the-money’ $19 “sold” call option is now going to be very cheap” - cheaper in fact, than my bought position. (the share price was now about $16). Remember, this was a SOLD position, so why not buy it back when it’s practically worthless. Well, I had to wait a few weeks for it to get to the price I was prepared to pay, but last week the US stock market took a big dive and so the Aussie market followed the next day, particularly the banks.

The whole position (spread) had originally cost me 24.5 cents. This comprised the BOUGHT option at a cost of $1.48 less the SOLD option for $1.235 = 24.5 cents. Anyway, when the ‘big dive’ took place last week, I was able to “buy-to-close” the original SOLD position for only 12cents.

I thought to myself … “my total cost is now 24.5 + 12 cents = 36.5 cents. All I need now, is for the share price to rise a little, so that the original BOUGHT option comes up to about 38cents and I can get out and break even.

I was prepared to wait a few weeks for this to happen, because I had noticed that ANZ was in a sideways channel (see chart below). Well, to cut a long story short, the ‘big dive’ on the US markets was followed by a huge rally the next day, so the Aussie market followed (wagging its tail). The ANZ shares took off, so that my original ‘bought’ $18.50 call option was now worth 65c. I sold for an overall profit of 78%!!

We all like to share our successes. This impressed me with the flexibility of ‘debit spreads’ - how you can turn a setback to your advantage.

The Stock Market is not going away. Those who know it’s secrets can expect a lifetime income. If such a prospect interests you, check out Nik Halik’s official website by clicking the image below.

Nik Halik - Super Trader

Technical Analysis - Introduction To Bollinger Bands
By Michael Glass

Bollinger Bands were developed by John Bollinger as a technical trading tool in the early 1980s. They arose from the need for adaptive trading bands and the observation that volatility was not static as was widely believed, but dynamic. Bollinger developed the technique of using moving averages with two trading bands. This is not unlike using an envelope on either side of a moving average. However, unlike using a percentage computation from a normal moving average, Bollinger Bands add and subtract a standard deviation calculation.

To put this in perspective, let’s define the term “standard deviation.” This term refers to a mathematical formula that measures volatility, thus showing how the stock price can be spread around its true value. The technician is relatively certain that most of the price data needed will be found between the two brands. The bands can’t be used to make reliable statements regarding what percentage of equity’s prices will lie within a certain distance of a mean value, because an individual equity price does not obey known distribution functions (the stochastic process). Standard deviations of stock prices for finite time periods are not fixed parameters as required to apply classical statistical theory. Instead, they are variables in constant flux dependent upon price volatility. When the bands lie close together, low volatility is indicated. Likewise, when the bands lie farther apart, high volatility is achieved. However, when the bands have only a slight slope and lie approximately parallel for a long period of time the stock’s price will oscillate up and down between the bands as though in a channel.

Bollinger Bands are used to provide a definition of relative high and low. This is an indication of prices being “high” at one end and “low” at the other end. Using this definition can aid in recognizing rigorous patterns and is useful in the comparison of price action to indicator action when arriving at systematic trading decisions.

Bollinger Bands consist of a centerline and two price channels. One price channel is above the centerline, and the other is below the centerline. This centerline is an exponential moving average. The price channels are standard deviations of the stock being studied by the chartist. Therefore, the definition of a “price channel” in this regard refers to the encompassment of the trading activity around the trend of trading after a sharp rise or fall in the market. The bands will expand and contract as the price action of an issue becomes volatile (this is expansion) or becomes bound into a tight trading pattern (the definition of contraction).

The middle Bollinger Band equals a 20-period moving average. The upper Bollinger Bands consists of the middle Bollinger Band plus the total of two 20-period standard deviations. The lower Bollinger Band is equivalent to the middle Bollinger Band minus the total of two 20-period standard deviations.

Two important tools are derivative of the Bollinger Bands. BandWidth, which is a relative measure of the width of the bands, is the first tool. BandWidth is calculated by dividing the result of the upper Bollinger Brand minus the lower Bollinger Band by the middle Bollinger Band. This is most often used to quantify “The Squeeze, ” volatility based trading opportunity. The second tool derived from Bollinger Bands is %b. this is a measure of where the last price is in relation to the bands. This is calculated by dividing the result of the last minus the lower Bollinger Band by the upper Bollinger Band minus the lower Bollinger Band. %b is most often used to clarify trading patterns. It is also used as an input for trading systems.

Markets trade erratically on a daily basis even though they are still trading either when they are up in the trend or down in the trend. Moving averages are used with support and resistance lines to anticipate the stock’s price action. These upper resistance and lower support lines are first drawn and then extrapolated to form channels. The trader expects prices to be contained within these formulated channels. Sometimes, straight lines are drawn connecting either tops or bottoms of prices in order to identify the upper or lower price extremes (respectively). Parallel lines are then added to define the channel within which the prices should move. As long as prices stay in this channel, traders can be reasonably confident that prices are moving as expected.

When the stock price touches the upper Bollinger Band continually, the price is thought to be overbought. Conversely, when stock prices continually touch the lower band of the Bollinger Band, the prices are considered “oversold,” and thusly a buy signal would kick in.

Designate the upper and lower bands as price targets when using Bollinger Bands. If the price deflects off of the lower band and crosses above the middle line (the 20-day average), then the upper band comes to represent the upper price target. Prices usually fluctuate between the upper band and the 20-day moving average in a strong uptrend. When this happens, a crossing below the middle line warns of a reversal in trends to the downside (lower band).

Use of the Bollinger Band among traders varies wildly. Some traders buy when the price touches the lower Bollinger Band and sell when price touches the moving average in the center of the bands. Conversely, other traders buy when price breaks above the upper Bollinger Band or sell when price falls beneath the lower Bollinger Band.

Bollinger Bands can also be used in combination with price action and other indicators to generate signals and foreshadow significant moves. A “double bottom buy” signal is given when prices penetrate the lower band and remain above the lower band after a subsequent low forms. It doesn’t matter which low is higher or lower than the other one, as long as the second low stays above the lower band. On the other hand, a “double top sell” signal is given when the prices peak above the upper band and the next peak fails to break above the upper band.

Not only stock traders use the Bollinger Band. Options traders (especially implied volatility traders) often sell options when Bollinger Bands are at their most historic difference or buy when Bollinger Bands are at their closest historic point. They do this with the expectation that volatility will revert back toward the average historical volatility level for the stock.

In conclusion, Bollinger Bands are helpful when generating buy and sell signals. They are not, however, designed to determine the future direction of a security. The Bands were designed to add to other analysis techniques and indicators. All in all, Bollinger Bands serve two primary functions: the identification of low and high volatility periods, and the detection of periods when prices are at an extreme and possibly unsustainable level.

To see how I implement Bollinger Bands into my trade plans, check out my videos on Youtube at … http://www.youtube.com/accendotraders

To learn more about trade plans and other technical indicators, check out my blog @
AccendoTraders.com

Article Source: http://EzineArticles.com/?expert=Michael_Glass
http://EzineArticles.com/?Technical-Analysis—Introduction-To-Bollinger-Bands&id=1198192

Nik Halik Mastery of Stock Market Intelligence includes the use of Bollinger Bands

The following are testimonials from real people who have completed Nik Halik’s Mastery of Stock Market Intelligence course. Names are included:

“It is technical – so technical that even a 6 year old could understand. My financial security is guaranteed – it’s as simple as that!”

Andrew Maciver - Canberra

“My best return to date WMR – 600% return in less than 24 hours. Thank you very much! Cheers.”

Tim Jones - Perth

“Nik, you are the only presenter of trading information who inspires trust!!”

Terry Craddock - Perth

“Nik you have mastered the art of teaching as well as options trading, to deliver an exceptional life changing program. Congratulations.”

Peter Walker - Perth

“After comparing Nik’s course to other courses I have done, Nik has proven himself more knowledgeable and easier to understand than the others, and the people he works with on the seminar were very helpful and kind. I feel a lot more confident about trading now.”

Gwyn Brettel - Brisbane

“Excellent strategies for personal wealth and growth which no university can ever teach.”

Eugene Yap - Adelaide

“I’m so impressed with Nik Halik’s seminar as I have not come across anything in all of North America that teaches you how to trade options so effectively.”

Josh Proll - USA

“This would have to be the best ‘life-changing’ course I have ever done. I can see the light at the end of the tunnel”

Helen Stevenson - Perth

“Very good package covering all aspects of what to do and what not to do. My best trade to date was 509% on CBA ($18K+) Woo Hoo!!!”

Greg Thompson - Perth

“Great seminar, great presenter. Highly professional, entertaining and very easy to understand. Nik to me is an ‘Anthony Robbins’ of options trading.”

George Devlin - Perth

“Top Notch; Gaining experience every day and the skys the limit! Best trade AMC profit of 350%”

Mike Barr - Cairns

“Bloody brilliant! This will revolutionise my financial future. The possibilities opened up by these strategies are mindblowing. It will make life far more accessible; careers, dreams, holidays, social/community contribution far more rewarding.”

Kirsten Oliver - Canberra

“Well prepared and well presented seminar. Content is vast and all very useful. No unnecessary material presented. I’ve made some good trades – CBA – 200% profit and many more in the 100% profit bracket.”

Ted Ligas - Adelaide

“Excellent education provided, plus superb value. On an overview of all my trades I’ve had wins 80% of the time – due to the FFI education.”

Iain Girdham - Adelaide

“The original training weekend and follow up course were both well done & presented. My best trade is 400% profit on NAB in 7 days.”

Mike Yelland - Adelaide

“Overly impressed – has changed my life for the better. I made a $14,000 profit on CBA bought calls.”

Steve Hungerford - Cairns

“The course session was excellent reinforcement, reminder and explanation of strategies. My best recent trade was BHP – 80% gain.”

Peter Forster - Adelaide

“I have learned more in 12 months about the market and myself than in previous years and I am about to turn 61. My best trade – a put which returned 138% net profit.”

Anthony Clarke - Adelaide

“All education to date has been excellent in content & delivery. Latest trades: Qantas 150% profit & Telstra 160% profit.”

Jon Adams - Adelaide

“Excellent – has clarified a universe I knew nothing about. Best to date CBA 125% in 3 days.”

Gregg Stadhams - Brisbane

“I am thrilled at the MSMI education I have received not only have I got useful and useable knowledge but your ongoing support through workshops, updates and access to assistance is unparalleled in this industry. I was able to achieve a 350% profit on WOW.”

Christine Wagner - Brisbane

“With each course I attend, I always pick up some sectors or snippets that I have forgotten. On my first trade I made about $10K – 10 contracts AMP $4.51 call – the stock was at about $6.20.”

Derek Bevan - Cairns

“It is scarey how predictable shares etc can be. I have a 6 month old son who will never need to have a job - I can’t wait until he can start to learn this stuff.”

Rachael Halliday - Brisbane

“Wonderful presentation and easy to follow. By following the rules, I have had success of 80% on the last 11 trades.”

Jeff Salter - Perth

“Another top presentation. $15K return in one month – love this stuff.”

Michael Healy - Cairns

“Probably the best financial training seminar I have attended. Now have an excellent road map to immediately start using the system. Presented in a lively, informative manner with good use of screen, wall charts, voice etc.”

Niel Fabian - Brisbane

“It is very good to go over the program from basics. It reinforces Level 1 and 2 procedures and made me realise some of the shortcuts and bad habits I’m falling into. Thanks for a good day. An outstanding trade was CBA calls – 487% prior to ex-dividend date.”

Leo Pauli - Cairns

“This is the 2nd option seminar I have attended. Nik, yours is so much better. You are such a fantastic presenter / teacher / analyst and so full of energy. Many thanks”

Kim Pui - Perth

“This one day course is well designed to review what I have learnt before. Plus I picked up a few more new indicators which I will test out. I’ve had profits of over 100% on both STO and CBA in a couple of days, from things I learnt in the first course.”

Erica Ip - Brisbane

“My best return to date WMR – 600% return in less than 24 hours. Thank you very much! Cheers.”

Tim Jones - Perth

“Excellent, easy to understand and great to have the opportunity to revise and go over this all again. Our first few trades made 80% because we followed all the rules.”

Wendy Helms - Cairns

“Excellent opportunity for a refresher to get back to basics. My best trade – Nov BHP put - $2,500 profit in 5 days.”

Shane Adams - Perth

“A fantastic course and has reinforced my desire to persevere. Thanks a lot guys. My best trade to date – WOW call 131% profit.”

Doug Bryce – Perth

“Great! It has shown me how to make money from the markets successfully. Has changed my outlook on life and life goals. It has given me the freedom to pursue the direction that I want to follow. My best trade to date made a profit of 316%.”

Mark Gaynor – Perth

“I really enjoy option trading – learning the process and meeting the people. Great trade was 183% on Telstra, before it gapped up.”

Hans Bluhm - Canberra

“Awesome! For a sceptic like me, it was a revelation and I’m glad I’ve done it. Where has this stuff been? Where have I been? Thank’s a heap Nik and team.”

Brian Saunders - Townsville

“Best Birthday Present I could have given myself.”

Kath Salter - Townsville

“This MSMI course was very much needed. It re-enforced the discipline required to be a good trader. My best trade 247% profit.”

Kathy Mack - Cairns

“Excellent, life changing and enhancing education. I traded BHP in a channel and made 81% profit.”

Craig Jamison - Cairns

“This is amazing. I always thought there was something better out there, but didn’t know where to start looking. Now I have found it. Thank’s Nik for showing me a better way!”

Leisa Peterson - Perth

“Excellent, always helpful and we love attending the seminars – the motivation we get is great. About 3 months into live trading I traded BHP with an 82% return.”

Angela Jamisone - Cairns

“Great training course Nik – you delivered a detail course leaving no stone unturned. This is my third options course and by far the one that had the most content.”

Owen Booth - Canberra

“It is very good to go over the program from basics. It reinforces Level 1 and 2 procedures and made me realise some of the shortcuts and bad habits I’m falling into. Thanks for a good day. An outstanding trade was CBA calls – 487% prior to ex-dividend date.”

Leo Pauli - Cairns

“Really loved it! What Nik has taught me will enable me to get out of the rut I’ve been stuck in for years. Thank’s Nik.”

Craig Cowan - Perth

“This seminar has given me new inspiration and also exceedingly valuable insights for myself, regarding not only indicators, psychology etc, but also in consolidating and validating my opinion of my own abilities and the direction in which I am going. I loved the recent trade on BHP – that trade was executed beautifully from start to finish, and made around 95-100% profit.”

Kirsty Sorensen - Cairns

“Fantastic! Clear & precise presentation which has given me the confidence to tackle the share market.”

Justin Williams - Townsville

“Excellent job by Nik Halik. Trading psychology was for me by far the most beneficial. Also picked up some useful things on the way as well. Wrapped with my Telstra call 80% profit.”

Tony Doumos- Canberra

“Fantastic! My greatest investment to date has been the 2 days spent with Nik. The returns from this should be great and not limited to monetary returns alone. Thanks”

Mark Aitken - Townsville

“My best trade to date – over $2K profit on one trade bought in the afternoon and sold the next morning – good stuff.”

Ronnie Necrep - Melbourne

“Exhilarating! Nik is an exceptionally unique individual with seemingly boundless energy, enthusiasm and desire to help people help themselves - he shows the way!”

Barry Hardy - Townsville

“My first and only trade so far – 3 day trade on NCM last week 75%+ profit. But the win was not the profit and not that it was my first trade. It was that I knew exactly when to get in and before entering the trade, knew exactly where I was going to get out and did it!”

Jenny Nash - Canberra

“There are times in life when you realise you are at a defining moment - this is one of those moments and you have my thanks for being part of this new experience. This is where I needed to be to realise, reaffirm and recalibrate my goals.”

Paul Newland - Hobart

“Has been excellent. Provided a new passion for myself and a way to set up the life I deserve. It is simplistically presented and saved me from the myriad of confusing literary attempts at describing share and option trading. The trading and presentation from Nik Halik always makes you feel involved. Had a great trade in August- overall profit of 68% on NAB”

Chris Dann - Canberra

“An amazing journey through options - 10 years of Nik’s knowledge now in my mind to put into place. Thanks for a great and interesting two days.”

Bryan Roebuck - Townsville

“I realise that the last 20 years of trading has been based on lucky information. I also realise fate guided me to this weekend.”

Jan Davies - Brisbane

“It was a great course to reinforce and build on the knowledge I already have. I only started live trading 3 weeks ago, but my first trade was a cracker. BHP puts bought 64 cents and out at $1.11 with a profit of $2,700. Thanks FFI.”

Leon Montgomery – Perth

“It is a breakthrough in mind set that I have been waiting for - free at last, free at last, God Almighty free at last!!”

Andrew Hanrahan - Adelaide

“Nik Halik never ceases to impress me. All material is delivered in an energetic and entertaining presentation. I always learn so much and interaction is encouraged.”

Jason D’Cunha - Perth

“I found the day very reinforcing of my previous training and had a ‘clearing up’ of some aspects of trading. Good trade was Santos - $7 call @ 53 cents – sold 90 cents – profit over 60%.”

Allan Thompson - Brisbane

“I have participated in a few option trading seminars over the past 12-18 months, with various presenters explaining their interpretation of how to succeed at trading options. I would like to say that Nik’s presentation is convincingly more concise and informative than any other. His explanation of each facet is easily understood and delivered in a manner that is digestible. I would highly recommend this course to anyone either interested in beginning to learn about options, or as a “refresher” to anyone who may already be trading. Thank’s Nik - it was great!”

Paul Jones - Melbourne

“The MSMI Trading course has had to be one of the most incredible weekends of my life. It was thoroughly enjoyable, highly educational, and incredible value for money. J. Paul Getty has said that the three steps to success are:
1.Rise Early
2.Work Hard
3.Strike Oil
I’ve been doing the first two for years. Now, at last, I’ve found my oil field. Thanks once again”

Lance Begg – Melbourne

“Nik Halik offers a strong commitment to backup training, including the website and newsletters, which the novice trader really needs. Great – 60% profit on a RIO put.”

Nick Nichols - Brisbane

“Best money I’ve ever spent. I’ve never been to seminars which are so useful for me for the rest of my life.”

Wayne Taylor - Perth

“Nik gave 150% during the seminar. This is the best financial seminar I’ve attended, excellent value. I’ll recommend it to my friends. A knockout! I’d read about options about 2 months ago, but thought they were too complicated for me. Now after the weekend’s seminar, I can’t wait to start trading!”

Phil Hatfield - Townsville

“Very positive and enjoyable presentation. Good to learn from people who are passionate about trading. Great 80% profit on CBA.”

Jason Baker - Brisbane

“Absolutely fantastic. I couldn’t possibly ask any more from FFI. From the first intro seminar, the GATS and all the support along the way, it’s just been great. And I am very grateful for this amazing opportunity. Great covered call writing – BHP & Qantas a 6% return on $100K for the month!”

Kevin Perusco - Adelaide

“Feelings overall exhilaratingly inspire, challenged, definitely encouraged and feel hopeful of changing my life for the better. Nik took a complex subject, broke it into simple modules explained each with precision and simplicity. More than what I expected, better than others I have been to. Real value for money.”

“Undoubtedly the most inspiring information I have ever listened to”

Richard Jenkins - Perth

“Very happy with everything received so far, including the newsletters and summit workshops, tech talk etc. The support available is awesome – feel like you’re not alone. Although I’m still paper trading, I made $1800 on a BHP call option with only $800 in.”

Dennis Instone - Adelaide

“Excellent, would have to be the best seminar I have attended”

Brenda McKie - Perth

“Excellent, excellent, excellent – there is never enough education – keep it coming. I made 67% on Brambles in one day!”

Randall Hurrell – Adelaide

“Very inspirational. The more knowledge you get, the better off you’ll be. I made $980 over 2 days with a RIO put.”

Darren Dayman - Adelaide

“The ah ha light went on so many times during the seminar as the ’secrets’ and mechanics were revealed. Now I feel like the little boy who just inherited a lolly shop”

Tony Reid - Perth

“The review with a few more extras, has benefited me greatly. I now understand one or two mistakes I’ve made and can correct them. On my first trade with AMP calls, I made 103%.”

Adam Goldie - Adelaide

“Very good presentation and I always find I learn many things and feel re-energised to continue on. I made 70% during fudge month on CBA this year.”

Derek Morton - Adelaide

“Interesting, informative, professional and useful. My best trade was approx 40% on a $3,000 investment over a few days.”

Darren Nissen - Adelaide

“I truly believe with all my heart that with the information attained at this seminar I will no doubt, with practice and commitment, be able to reach infinite financial freedom.”

Rob Milla - Brisbane

“The education from Nik Halik has been very in depth on the basics of trading and taught me discipline and sticking to all the rules. A great trade for me was ANZ call option with a profit of 75%.”

Kym Travis - Adelaide

“Excellent and well run seminar. Excellent presenter and course notes. This would change my life. I’m very glad I’ve attended the course. I wish I had known about this when I was in my 20’s.”

Toi Lowe - Canberra

“Fabulous! I had done some other options courses, seminars etc, but none even came close to the “systems” Nik has taught and explained in merely two days. Outstanding.”

Robert Sbragi - Canberra

“Great as always. Best trade – 120% on RIO puts.”

Viv Harriss - Perth

“I just love Nik’s humility, passion and enthusiasm about his subject. I appreciate the punctuality Having team members to help was fantastic. I’ve attended two other options seminars. This one’s the best.”

Beth Britton - Brisbane

“Having done some another options course previously, Nik, yours was the most comprehensive and I feel a confidence I didn’t feel after the “other” course.”

Eric Gonzales - Brisbane

“Two thumbs up! Excellent info, well presented – can’t wait to use the new techniques we have learnt.”

Dylan Adams - Brisbane

“Nik broke down a lot of the secretive exclusiveness of options and the stock market. Told the truth about the manipulation out there.”

John Tribe - Brisbane

“Excellent - very positive and informative. Excellent presentation skills and use of experimental learning and adult learning techniques. Excellent use of humour to get theories across.”

Fran Christensen - Brisbane

“Thanks to Nik, I have the confidence to look back in the Australian market for trades. I have regained the belief that it’s possible to make a prosperous living out of the market.”

Yani Hamilton - Brisbane

“Very informative. I have learnt heaps about trading the options market successfully. 48% return in 3 days – great!”

Ricky Connelly - Adelaide

“Very good experience. I always learn something new. Did well on October BHP puts - $1,000 profit.”

Rob Sambell - Adelaide

After only four months trading, we have achieved a 70% return on our investment. This is amazing! Interestingly enough we have ‘bent the rules’ from time to time and have now seen that if we had followed the rules closely, we could have achieved in excess of a 100% return. Thanks for sharing your secrets and introducing us to this fantastic opportunity.

Kelvin & Elvie Lockie, NZ

I completed Nik’s Programme in July 2002. Within months I was grossing between $10,000 and $15,000 per month. Three months later, I am now earning that net. Our 16 year old son has turned his $7,000 (which took him 18 months to save) into $23,800 within 5 months.
Lyn Richardson, Queensland

I just wanted to thank Nik. A recent trade (which lasted less than a day), returned $1,500. It takes me nearly three weeks to make that!!! Once again, thank you.

Marisa Mallamo, South Australia

One of Nik Halik’s favourite strategies is waiting for breakouts from price consolidation. The term “consolidation” refers to a sideways movement of stock price for at least 5 days.

Price consolidation often occurs around support and resistance points and once breached, can form one of the most validating indicators that you should enter a trade. But price consolidation can also occur anywhere on a chart. The general rule is, that the longer the period of consolidation, the stronger the move once there is a breakout.

The hardest thing I have found, about waiting for signals out of price consolidation, is having the patience to wait for it. When a stock price touches a trendline, your immediate urge is to buy call or put options (depending on whether it’s support or resistance we’re talking about). But I have been burned a number of times in the past, as I have watched the price go sideways for a few days and then continue onwards. The option price decayed while the price consolidated and then fell even more once the breakout in the wrong direction occurred.

I have learned my lesson.

I can’t over emphasise how valuable this simple observation is. Nik Halik’s DVD Home Study course contains a section on a great little indicator called “Bollinger Bands”. These are like a support and resistance line that wraps around the price movements on a stock chart. Bollinger Bands also measure price volatility over a given timeframe and provide excellent validation for price consolidation.

The best trades often occur when the Bolliger Bands have narrowed together and then begin to expand as the breakout from price consolidation occurs. These are great trades to get into. The narrower the bands, the greater potential for a stronger move on breakout. It’s like pressure has been building and finally it breaks out with a strong move.

If you combine the Bollinger Band indicator with price breakouts from support and resistance levels on a chart, you have really put the odds in your favour for a successful trade.

If you would like to increase your knowledge of how price consolidation and option or CFD trading, can be your doorway to financial independence, I thoroughly recommend Nik Halik’s Home Study DVD Course.

To visit Nik Halik’s website and claim $10,000 worth of free bonuses

CLICK HERE

CFD Trading is one of the most attractive forms of short term trading for many reasons.

Firstly, it is far more liquid than option trading and if your broker or market maker provides realtime market spreads, the bid and ask price will be much closer together.

Secondly, your trading platform will usually allow you to trade many more markets besides your local stockmarket - and because the “many more” includes overseas markets, you can do it around the clock if you wish. This can be very attractive to those of us who work a day-job and like to put trades on at night. You can usually include a stop-loss as part of your trade entry, which gives you peace of mind.

One of the most popularly advertised “benefits” of CFD Trading is the leverage. This is great if the price of the underlying share is going in the direction you anticipate - but betware if it’s not. Unless you take out (and pay for) a “guaranteed stop loss” you have unlimited … let’s use that word again … unlimited exposure to price direction.

Let’s take an example of how this leverage works. Say the price of ABC stock is currently at $20.00 and you think it may rise within a short timeframe. If you had $1,000 to risk and you were going to purchase the actual shares, you could only buy 50 of them. If the price rose to $21.00 you would make a $50.00 profit, less brokerage - not much eh!

But if you used that $1,000 to purchase CFDs and they were leveraged at 5%, this means your broker or market maker finances the other 95% of the purchase price and charges you interest for it. It’s like margin lending on steroids. So now, your $1,000 will allow you to be exposed to 20 times (50 divided by 5%) the number of ABC shares. You now have a contract over 1,000 shares, which means if the share price rose to $21.00 you now make a $1,000 profit instead of $50. That’s how leverage works.

But should the price of ABC shares drop to $19.00 your highly leveraged instrument will work against you. Your $1,000 profit from the previous example will now become a loss of the same amount. If some unexpected news came out and the price gapped down overnight and opened $3.00 below the previous day (i.e. $17) you’re suddenly in a loss situation of $3,000. If your worst nightmare was realized and the company went into liquidation so that the shares were now worth nothing, your loss would amount to the whole $20,000 you controlled.

On the downside, the most your share price can fall to, is zero, therefore the most you can lose is the $20k in this case. But on the upside, there is theoretically no limit to how high a share price might rise. If you had gone short (sold) ABC Shares, you make a loss if the price rises.

So if you’re thinking of trading Contracts for Difference (CFD’s) it is a good idea to look for a dealer who only leverages at 10%. This means they finance the other 90% of your trade (not 95%) leaving you less exposed to short term market movements. Your profits aren’t as great either, but the peace of mind is well worth it. In the past, I’ve had so many trades stopped out before they took off in the direction I believed they were going anyway - all because my leverage was too high. If you use CMC Markets, they leverage blue chips shares at just 3% (scary!). If IG Markets is your dealer, they’re a bit better at 5%. But there are other dealers out there, who will give you contracts at 10% leverage.

For further information on CFDs including time-tested trading strategies that consistently work, Nik Halik runs home study seminars called CFD Mastery.

To visit his website, click on the picture below.

Nik Halik and CFD Trading

Channeling Stock - Beautiful Patterns

Nik Halik will teach you all about channels. Did you know that most stocks channel much of the time. All you need to do is find the channel, then decide where the stock price currently is within that channel - and trade accordingly.

Channels can be uptrending, downtrending, or going sideways. Sometimes the stock may break through the channel, as in the example of Boral below, but eventually it is drawn back into it. (more below the chart)

Channels don’t last forever though. Nik Halik shows you that eventually, the channel will be broken and probably a new one formed. But until that happens, a channel can last for years and in the meantime, provide you with nice profits.

There are long-term channels, as in this AMP chart below. We identify the longer term channel using the “Weekly” chart. Having done this, we can now go to our “daily” chart and see where our stock lies within this larger channel. Is it near the top or the bottom? Has it bounced off the top and now heading toward the bottom, or vice-versa?

We can see (writing this Sept. 3, 2007) from the AMP chart above, that the overall trend is still upwards, that the stock has bounced off the bottom of the channel and moved rapidly upwards. This is more likely, as the overall (weekly) trend is up. It is now pressing against a resistance line and if it breaks through decisively, is likely to continue north until it reaches the top of the weekly channel line again. “Decisively” usually means that the stock breaches the resistance line and then confirms its direction with another “low” (retracement) either on or above that line. Anything less than that can be a “false break”.

Armed with the above information, we are now in a position to purchase, in this case, call options at the right time. Why spend thousands on buying the stock when you control just as much, if not more, and risk far lesss, by purchasing options?

Here’s another example of a channeling stock.

Wouldn’t you just love to have gone short on the day coloured yellow!

The above is but a small fraction of the little gems that Nik Halik will show you in his fascinating course, Mastery of Stock Market Intelligence. If you visit Wealth Super Highway and provide your email address, Nik will send you more examples in video form, of the “footprints” the stock market leaves behind.