October 28th, 2007
I’m happy to announce the arrival of a guest author to the Planet Wealth Blog. Her author name is Marketmum and she Trades For a Living. I know her from doing the 21st Century Academy homestudy program. She learned about the stock market around the same time as me, possibly a little earlier. She has grasped the concept of trading and runs her own trading blog called MarketMums Trading Diary. You are welcome to visit her there as well. She places her ASX trades live every time she trades and that is pretty handy for people to look at. Good or bad, they are all in there.
Marketmum and Planet Wealth
Marketmum predominantly trades a simpler strategy than Planet Wealth teaches. She will explain why she trades the way she does when she appears in this blog. The more advanced strategies from Planet Wealth are highly leveraged stock market strategies and they require a good knowledge of the system. Of course, Andrew Dimitri from Planet Wealth is the expert on how all this is done and he has successfully used this trading strategy for quite some time now. Initially Andrew was known for the Dimitri Strategy and now he’s becoming better known for his Volatility Advantage strategy on the US stock market.
I wish to give Marketmum a warm welcome to the Planet wealth Blog. May The Wealth Be With Her, and…
May the wealth be with you
Sean Rasmussen
Stock Market Investor
Planet Wealth Blog © 2007
Posted in 21st Century Academy, Andrew Dimitri, Dimitri Strategy, Marketmum, Planet Wealth, Stock Market, Trading Diary, Trading Strategy, Volatility Advantage | No Comments »
October 8th, 2007
The First Stock Market Strategy I noticed was The Renting Shares Strategy. At least that was the one that grabbed my attention. Everyone else seemed to be gambling and bumbling their way in the stock market. 21st Century Academy taught me the way to be Renting Shares and enabled me to get a ‘sleep at night factor’. Planet Wealth took it one step further by showing me to be selling insurance on a stock and insuring it at a lower level.
Planet Wealth Rules
Andrew Dimitri wrote a stock market eBook that I was privileged enough to get an early, pre-released copy of back in 2004. Monthly returns of 2-3% were quickly turned into 20% returns. At times they were much better than that. Of course, I had bad months as well. Every time this happened, I realised I was breaking the rules and quickly moved back to the Planet Wealth Rules that I was given. Common sense is a big part of trading success.
Volatility Advantage
Over the years, Andrew Dimitri has become a personal friend of mine. I consider him one of my millionaire mentors and happily copy the strategies that he has taught me. Especially the Planet Wealth strategies from his eBook that is available on the Planet Wealth Website. One strategy they cover is the Bull Put Credit Spread. Another is the Volatility Advantage. I will cover more on that one soon.
May the wealth be with you
Sean Rasmussen
Stock Market Investor
Planet Wealth Blog © 2007
Posted in 21st Century Academy, Andrew Dimitri, Planet Wealth, Renting Shares, Stock Market, Trading Success, Volatility Advantage | No Comments »
September 30th, 2007
I first met Andrew Dimitri in 2004. I had completed a wealth education course with 21st Century Academy when he contacted me. Andrew was a graduate of the same course and he took me under his wing, so to speak. He sent me an early draft of the strategy that he had been successfully trading on the stock market for quite some time and had been collecting returns in the vicinity of 200% per annum, on average. This later led to the well known Planet Wealth ebook he wrote about the stock market.
Planet Wealth Strategies
This was before the days of Planet Wealth. I was one of the few fortunate people to access this detailed trading strategy from Andrew at such an early stage. I was doing the strategy I had learnt from 21st Century Academy and was Selling Insurance, also known as Writing Puts. I went from making 2 – 3 % per month to 10 – 20% per month. I found it being an advanced stock market strategy and needed to pay the respect it deserved, however it was no harder to learn than anything else in life. A bit of passion, some time away from the idiot box (TV) and much determination got me where I wanted to go.
Volatility Advantage
Andrew Dimitri and Planet Wealth have now developed the new Volatility Advantage strategy. It deals with the US stock market and takes advantage of the volatility of certain stocks. I will get into this strategy in more detail soon. Until next time…
May the wealth be with you
Sean Rasmussen
Stock Market Investor
Planet Wealth Blog © 2007
Posted in 21st Century Academy, Andrew Dimitri, Dimitri Strategy, Jamie McIntyre, Planet Wealth, Stock Market, Trading Strategy, Volatility Advantage | No Comments »