November 2nd, 2007
Hello everyone and thank you for the introduction Sean, it’s great to be here.
As Sean mentioned, I have been Trading For a Living since November 2005 and started my own site a little under 6 months later, where I decided to place my trading diary online so others could view and learn from both my good experiences, and those that were not so good!
MarketMum’s Strategy
I trade a simpler strategy than Planet Wealth but have had much experience using Andrew Dimitri’s strategy and are very pleased to be able to share my experiences with you all here. I mainly sell puts and then if I have to buy the shares, write covered calls over them. This strategy has allowed me to completely replace my income so that I am able to stay at home with my two beautiful boys, and yet run my successful business.
I look forward to many more posts and will see you all back here next week, so until then,
Happy trading and remember…
Mum’s the Word!
Marketmum
Stock Market Investor
Planet Wealth Blog © 2007
Posted in Andrew Dimitri, Marketmum, Planet Wealth, Renting Shares, Trading Diary, Trading Strategy | No Comments »
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 23rd, 2007
What is the most lucrative stock market strategy going around? Mine! Everyone calls out, loud and clear to make it quite obvious that they have the one and only Holy Grail of Investing. This is my view: If you do one stock market strategy and learn it properly, then you’re on the road to success. As long as you are committed to learn it properly and stick to the rules. Remember: Don’t break the rules. They are there for a reason.
Planet Wealth and The Rules
Planet Wealth have their own set of rules. They are there to follow and many people have made lots of money following those rules. I have made plenty when I followed the rules. Then I have broken the rules too and guess how my results ended up that month? Broken, just like the rules. There is a lesson to be learned and it’s not rocket science. Follow the path of the successful traders and there is a good chance you will enjoy the same results as them. Fortunately for me, I learn from my mistakes. I don’t like repeating bad results and my trading looks pretty healthy now.
Trading Success
Andrew Dimitri has had plenty of Trading Success. His latest strategy involves the US stock market and takes advantage of the volatility of the market, especially in the last few weeks before option expiry. This is called Volatility Advantage and is taking the industry by storm. This time Planet Wealth have come up with their own version of the Holy Grail of stock market strategies. Just remember to follow the rules. They are there for a reason.
May the wealth be with you
Sean Rasmussen
Stock Market Investor
Planet Wealth Blog © 2007
Posted in Andrew Dimitri, Investing, Planet Wealth, Stock Market, Trading Success, 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 »
