(GIMG) Greendale Investing Meetup Group
MEETUP LINK – https://www.meetup.com/greendale-investing-meetup-group/
We’ll meet on the last Monday of the Month, starting at 6pm, ending by 7:45pm
Directions to Meeting Location:
Greendale Public Library (click for map)
Community Room in basement
5647 Broad St, Greendale, WI 53129
Enter through the front of the Library, and ask for the Community Room
You are ENCOURAGED to bring something to the meeting: an investing book or article, an investment quote, website link, market insight, etc. I REALLY APPRECIATE INSIGHTFUL QUOTES ON THE STOCK MARKET! Don’t just bring a stock tip!
AGENDA, Monday Feb 22, 2021, 6pm
1. Opening Bell – Let’s get ready to trade (info)
2. Welcome! Introduction and Goals for this Group
3. TOPIC: The Seven Parts of Trading: Trading Plan, Trading Strategy, Trading Systems etc. How do they all fit together??
SSSHHHHHH – Secret Preview at
“Apply The 3 M’s Of Trading To Improve Your Results”
which is based on “Come Into My Trading Room: A Complete Guide to Trading” by Alexander Elder
covering the 3 M’s:
Mind – Mindset, Rules and Psychology
Money – Risk Management and Stop Loss
Method: Develop a winning trading system that fits your personality.
BONUS: Let’s make a market!
4. Stock “Share” Time: What idea did you bring?
5. Stock “Quote” Time: Financial Insights distilled into a pithy quote. See MONEY Quotes text
6. Closing Bell (by 7:45pm)
7. After the Bell . . .
3rd MEETING: Monday March 29, 2021, (last Monday of the Month) starting at 6pm
Start by going to IBD University and Review the Information. Investor’s Business Daily
Learn to use the Time Saver Table, General Markets Indicator, and Psychology Indicators. Read the Big Picture every day.
Read The IBD Bible – How to Make Money in Stocks by William J. O’Neil, who was the founder of IBD.
24 Essential Lessons for Investment Success: Learn the Most Important Investment Techniques by William J. O’Neil
Secrets for Profiting in Bull and Bear Markets by Stan Weinstein
Reminiscence of a Stock Operator by Edwin Lefevre
Market Wizards by Jack D. Schwager
How I made $2,000,000 in the Stock Market by Nicolas Darvas.
Come Into My Trading Room: A Complete Guide to Trading by Alexander Elder
Trend Following by Michael W. Covel
Investments are not insured or guaranteed. “Investments” may lose value. This website (and the Meetup meeting, or meetup.com) is not an offer, solicitation of an offer, or advice to buy (or sell) securities.
Any information presented or discussed as a part of this presentation is only opinion.
It should not be taken as advice and should not be acted upon.
This information is presented to be educational. Your individual financial requirements have not been taken into consideration.
As always, one should seek appropriate professional advice before entering into financial or other arrangements.
Our Meetup Group Aims For Three Goals: 1-MAKE MONEY, 2-HAVE FUN, 3-LEARN. Your participation, while voluntary, will help us achieve at least two goals. Which ones? Well two out of three ain’t bad.
No real estate, there is another local Meetup group for that.
No politics or religion.
No gold or collectibles or coins, unless you want to.
Touch on fundamentals, not emphasize it like NAIC.
Mainly technical trading, leading to Nicolas Darvas’ “techno-fundamentalist” & William O’Neil
If its handled by a stockbroker, we’ll cover it.
OUR EMPHASIS: IBD (Investors Business Daily) CANSLIM by William O’Neil, Market Wizards (see Jack Schwager books), Jesse Livermore, Nicolas Darvas, Ed Seykota, Richard Dennis, Trend Following by Michael Covel, Turtle Trading.
E.G.O.= Everyones Got an Opinion — Herb
That is what makes a market!
(GIMG) Greendale Investing Meetup Group – THIS PAGE
(GIMG) Greendale Investing Meetup Group – MEETUP LINK
Herb’s Investing List on Twitter
FinViz Screener Test_Macro
Creating Your Own Trading Plan
This document “Creating Your Own Trading Plan” is a great transition from our discussion of the Three M’s to our next topic on “7 Parts of TRADING”
7 Parts of TRADING
1. Trading Plan
2. Trading Strategy
3. Trading System
4. Trading Tactics
5. Trading Metrics
6. Trading Review
7. Trading Fruits
Confessions of a trader
A place where you can anonymously post your trading struggles
Inflation Adjusted Dow
University of Finance Twitter:
Price Action: @priceinaction
1 on 1 Mentor: @GossettTrading
I recommend (and use) XLQ – Your solution to working with market data in Microsoft Excel since 2000
https://www.qmatix.com/XLQ allows you to work with market data in the way you want. No interface or program design restrictions. Create your own layout or easily modify any existing spreadsheets to have them always updated and up to date, even in real-time.