As as stock and option trader, I often come into contact with newly developed trading systems, investment book releases, “secret” trading methods, stock investment newsletters, and trading software that is released each month in the industry but, almost without exception, none of them live up to the hype that precedes their release. After many years in trading the markets, I have gained an insight that the real crown jewels of trading information can be credited to less publicized work that you never see in the glossy full-page ads in Stock & Commodities magazine and the like. One of these crown jewels in online stock trading and option trading strategies is from the Blue Collar Trading Manual from StockOptionSystem.Com.
I ran across this site after reading some trading articles on online stock trading at one of the article directories on the web while waiting for the markets to open. One of the articles on selecting momentum stocks caught my attention and I noticed it was written by a trader named Billy Williams, owner of the StockOptionSystem.Com. Later, when the markets had closed for the day, I went to his website to check it out. I read his articles posted there as well as his blog entries and was impressed with his market commentary and stock selection. His market analysis was spot on and impressed me which is not easy to do.
Eventually, I ran across the sales page for the Blue Collar Trading Manual and skimmed thru it while taking note of points of interest. After reading thru the site I decided to take a chance and purchase the manual since the author appeared to know what he was talking about in relation to the markets and stock selection. Besides, as long as I get one idea that I can profit from it is well worth it in my mind and if I don’t the manual comes with a six-month guarantee.
Along with the manual there are two bonuses that come with it that are just easily downloaded in PDF format. I had them printed and began reviewing it within minutes of my purchase and found all the information to be direct and impressive in value. I even found myself smiling as I read the intro where the author details some of the huge failures he experienced as a beginning trader as I could relate. However, he goes on to detail how he began to refine his trading edge with statistical analysis combined with price patterns to lower his risk of loss while increasing his probability of winning.
He then detailed many of his methods and trading techniques for selecting the best stocks for large upswings, momentum stock trading, a simple option trading strategy that consistently brings in money almost every week, possibly the best system for spotting turns in the market that I have ever seen, and a lot more. Even more, if you have any trading experience, you will be able to tell that this was written by a trader who has more than had his knocks in the market and that the success he enjoys now is in large part because of the lessons he has had to learn from those knocks.
The manual, however, is not without its flaws though. First, this is a manual written by a veteran trader and not a professional writer. Simply put, if you want Shakespeare then go to Amazon.Com. But if you want real methods to make big money in the stock and option markets then this manual has it.
Secondly, it does not really take into consideration the absolute beginning trader. The author is very upfront that he does not want the reader to waste time reading on price patterns and technical analysis methods when that type information is readily available on the internet. If you can do an internet search for it then you won’t find it in this manual. The author assumes that the reader has a basic education in price patterns and trading jargon.
In conclusion, I felt compelled to write about this trading manual as I think it is a real gem of practical information and I predict that the author will be recognized one day as a true expert in the industry. If you are really serious about learning more and improving your trading skills then I highly recommend adding this work to your library before word gets out and the Blue Collar Trading Manual becomes a lot more expensive than it is now
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