StockOptionSystem Blog

Hey Stock Fans!

 Just a quick note to let you know that I have an article to be published in the September issue of Futures Magazine, a prominent publication for traders.  It will be on the news stands in September so keep an eye out.

 It will detail a concept I use to benefit from momentum, velocity, and compounding in your trading to give you a definable edge over the market.  The “Surfing the Momentum Wave” concept details the importance of integrating these principles with a sound approach and emphasizes the importance of using these principles together to get the most leverage for maximum effect.

The whole concept was borne out of the idea that I have seen alot of traders chase the illusive “perfect entry” and are frustrated that there timing isn’t better.  I think thats why alot of traders emphasize entries over any other component in their trading approach because it can be the most frustrating component and becomes an obsession for them.  I know it was for me for the first 10 years in this game.

Nothing costs me more money than getting really pissed off by missing an entry or having one go against me leaving me then to watch the damn stock take off only after I got stopped out.  Sure enough, I’d get so pissed that I wasn’t trading with my reasoning but with out-of-control emotion.  I was going to make that damned stock give me my money back plus some more.  I was going to show it there was only “one bear that shit in these woods” and that was me!

Now, if you’ve ever chased a trade with that type of mindset then you know the market will let you know who the real bear is.

So, one day, I was sitting on my porch frustrated at my poor ability to time my entries and then had a radical thought.  If I couldn’t get the right entry maybe the best thing was to let the entry come to me.

This formed the basis for the Surfing the Wave Concept.

Enjoy the article when it comes out and I’ll let you know when the September issue hits the stands!

If you want to read about it online you can check it out by clicking here.

Good Trading,

Billy W.