【正文】 is crucial. After all, would you go into battle without a knowledge of the probabilities of you39。s systematic pleteness. It39。t know who you are, doesn39。t do that, you might say. Like the old dog who had a hard time learning a new trick, the people that have the most investment experience will probably find it the most difficult to grasp this material and run with it. This is because deeplyingrained habits, some of them bad, are often hard to change overnight, if at all.I39。t already have one, you must develop a very thick skin if you want to be rewarded in the market. The timid get crushed. A crude statement, yes, but too true to fool with. If you want to be rewarded you have to stick your nose out there. I realize I39。s about digging around, over and over again, to find the truly best stocks in the newest, most dynamic industries. However, in that search es a lot of potential aggravation. Many of these stocks carry high priceearnings multiples and are certainly vulnerable to the slightest negative change in the pany39。 Day Holding a position for a fraction of a day, with no overnight positions At , we understand that each trader is different. What39。s reward without risk?Kevin and I will show you how to properly set up a strategy with a minimum 3:1 risk/reward ratio. Meaning, say, for every 7% you risk on any one position your potential gain is 21% or more. If you consistently stick to this approach you will make money over time. You will make a lot of money, even with a 5050 batting average on your picks. Now there39。re not. You buy a stock and set your exit point. The whole idea is to minimize risk, not by purchasing some socalled lowrisk stock, but by having an exit strategy. All stocks are rife with risk, regardless of their supposed status or quality. Just take a look at . Penney over the past 12 months. I guess if you want to totally eliminate risk you can buy Eastman Kodak. Now there39。 Gregory J. Kuhn: Risk will always be available in the market. You can have as much as you want. But even if you buy a stock at any old price, as long as you use some kind of stoploss point ( the point at which you admit you are wrong and sell at a lower price) you39。t fortable with the potential for increased volatility. Through proper money management principles, we will show you ways to alleviate much of the stress in one39。Neil and he shared the same sentiments. A word from the wise.Your risk tolerance levelKevin N. Marder: The strategy outlined in this course works best with growth stocks, or issues of panies that are growing their earnings at a pace faster than the overall market and with little exposure to the whims of the economic cycle. Companies with annual earnings growth of 25% or more are the ones that we target. This pares with the average pany in the Standard amp。m not advising it. If you want to learn how to buy and ride some of the market39。 Gregory J. Kuhn: There may not be 101 ways to use O39。t believe there is anyone as good in the stock market. And, if you ask him, he39。Neil39。m sure there are things that I do that Greg would never do. Nevertheless, Greg and I see eyetoeye on more things having to do with the market than practically anyone else I39。s basic strategy of buying high relativestrength growth stocks as they emerge from sound technical chart patterns. Many moons ago, when I learned how to play guitar, I studied the style of Eric Clapton. Although I was greatly influenced by him, playing the guitar, like trading stocks, ultimately es down to developing your own style. That39。s Business Daily. We owe Bill a tremendous debt, as do many of this era39。 Kevin N. MarderGiving Credit Where Credit Is Due (aka The O39。s Community section.Enjoy the course and Trade Hard !Sincerely,Gregory J. Kuhnt promise you that this course will turn you into an investment phenom overnight. What we will deliver, however, is a course that emphasizes a methodology used by many of this era39。s change in dynamics. He39。and Kevin N. MarderCourse SchedulePART 1 The Base. What does intermediateterm momentum trading mean and how does it differ from the short and longterm? What does it take to excel as a momentum trader? PART 2 How to Buy. Learn the very best chart patterns that most consistently lead to big winners, as well as how best to choose an entry point. You’ll also learn about proper money management principles in detail: Learn how to jumpstart your results with an understanding of position size, position risk, and proper use of margin. PART 3 When to Sell. The sell decision is many times more important than the buy decision. Greg and Kevin will show you when to hold ‘em and when to fold ‘em. PART 4 The Market. Learn exactly how to interpret the only two market indicators that are necessary to know: the action of the major stock averages and the behavior of the market’s leading stocks. Additionally, investor sentiment is a prime driver of what goes on in the intermediate term. From the heap of sentiment indicators that abound, Greg and Kevin discuss the few that make the most sense from the standpoint of the intermediateterm trader. PART 5 Putting it All Together (Section 1). Greg walks you through a stepbystep analysis of why he became very bullish in October 1999 despite the prominent bearish overtones of the day. He shows you how to bine an analysis of the market with a study of individual stocks so you won’t miss the signposts of the next big bull move. PART 6 Putting it All Together (Section 2). Kevin explains why he turned bullish in earlyFebruary 2000 and how he took advantage of the market39。ve learned is that there is no such thing as the Holy Grail that elusive indicator or system that magically delivers fat profits every day to your portfolio. Thus, we won39。s simply not possible for us to answer all individual questions you may have. However, we will do our best to get to a number of them via the