There will be two topics:
(1) Victor Brown - A Rule-based Stock Trading System
(2) Panel: Starting a Financial Website or Blog
In our full talk for this meeting, Victor Brown will describe a trading system that he has developed that uses a limited number of technical and fundamental inputs. See below for a fuller description.
For our other topic, we will have a panel discussion on starting a financial web site or blog (or other financial venture). One of our panelists will be our member Joseph McVerry, who recently started The McVerry Report , which provides a news-style overview of financial web sites. Also taking part will be Jack de Veaux, publisher of the long-running AllStar Market Timing site, which combines a detailed analysis of waves, cycles, sentiment, option premiums and more in his daily blog, which is read around the world.
A lot of us have thought of starting a blog or other web site, and I asked Joe and Jack if they could share some advice and experience. We will also broaden the discussion to listen to some other members who have started or looked at other kinds of financial services, including chat rooms and newsletters or signals services.
Our full talk of the evening will be by Victor Brown, who will present his trading system, which is based on ideas gleaned from running multinational businesses.
In designing it, he wanted to use the fewest practicable number ot common relevant metrics. He uses three fundamentals and three technical charts in a closed box system, chosen to simplify research. He reports a high batting average on trades. There is a quantifying table that mathematically separates the thresholds in Sell, Hold and Buy.
Victor is the author of the ebook Simplified Stock Trading Techniques That Work . He also teaches courses on his method and will bring one of his own regular members so that he/she can give their own perspective on using his system. He likes to learn from others and share his trading methods.
Born in the Philippines, the son of a US army member, Victor has lived in 15 countries, running businesses in many of them, and became a US citizen in 1975. He has now retired from a senior corporate global management position.
He indicates that his approach is straight to the point and reflects the influence of his earlier engineering career in manufacturing, environmental, and other engineering fields, before he moved into corporate management. He has striven to simplify the approach as much as possible. He wants to clarify that is not a licensed broker or advisor and does not recommend trades.
All are welcome at no charge. You can bring or send friends with or without RSVP. We have lots of room (capacity over 70).
After the meeting itself ends, Dave W. will be organizing an informal get-together at a nearby restaurant tavern, at around 8:45. Please join us!