Testimonials
Case Studies
Detailed real life testimonials are not found in many books. One of the main reasons is that most books are not about precise mechanical methodologies. They are about:
- Generic charting and technical analysis.
- Generic tactics and techniques on how to pick stocks using indicators and /or fundamentals.
- Regurgitated "rules" of the markets.
This is not to say that there are not any decent books on trading around, there certainly are, and some excellent ones. The point is that the tips, hints, experiences and "secrets" are very difficult to repeat by the reader so why include testimonials that the reader will have difficulty repeating for themselves. The case studies provided in this section are absolutely repeatable by anybody. The prerequisite is that the reader has an open mind about learning how to think like a trader.
Louise Bedford is the author of 4 best selling books on the share market- Trading Secrets, Charting Secrets, The Secret of Candle Stick Charting and The Secret of Writing Options. Read what Louise has to say about SPA3.
"I’ve used SPA for years in my Superannuation fund, and I know that it works. I use it to create diversification across the trading systems that I use and to smooth my equity curve. SPA is a clean, robust and effective system. It’s powerful and simple, and is a fabulous tool for traders. SPA provides traders with a proven back-tested system to identify high probability trades and to position size correctly. I've seen how it has enabled hundreds of traders to trade mechanically, taking the signals as they arise, without having to debate about whether to enter and exit positions. All of these are essential skills when aiming to develop duplicatable results and outperform the All-Ords consistently. Because I use SPA myself, and I've been happy with the results I've achieved by simply following the system, I am happy to recommend it to people who are serious about trading profitably."
Louise Bedford
Over time I developed the discipline of consistency and objectivity.
"I am very grateful for the knowledge I have gained to become a successful mechanical trader,...." Yvette Phipson, South Africa
The most enjoyable part of the SPA methodology is that to keep the two portfolios up to date requires only about 30 to 40 minutes of my time each day
"I can honestly
say that both portfolios have more than outperformed any other published equity
investment available...." Phil Cadman, South Africa
Spa Trademaster software. I have to say I am absolutely delighted with it!
"The reasons are simple.
1. The Spa scan puts you into such good shares, seemingly those performing best
on the market at any given time...." Tony MacRitchie, South Africa
These days I trade mechanically without emotion
"As far as I
am concerned, the only way to go is to strictly follow the rules of a thoroughly
researched system with a probabilistic edge. These days days I trade mechanically,
without emotion." Paul Mahony, Victoria
Mechanically Trading with ShareFinder
"My introduction
to mechanical trading has resulted in a huge, and very profitable learning curve.
Having "dabbled" in a semi-mechanical system early in 2004, I soon realised
the massive worth of a purely mechanical system." GB, Perth
An International Perspective
"I had no
knowledge prior of trading so I entrusted what investments I had to a Financial
Advisor and two Brokers on an advisory basis. The Financial Advisor had indicated
that he would apply some measure of trading to the Funds he purchased based
on market conditions and timing. When I saw the value of these simply drop during
one prolonged period of drawdown, I phoned him to find out what was going on
to learn that he really meant ?time? being the key to investing rather than
'timing'! Valid, maybe, but not in line with my expectations!" Trevor
Bryer, London, England
A Federation Testimonial
"No-one
to date has written the book, "Mars and Venus In The Stockmarket", but our experiences
with SPA, trading the Australian stock exchange, could well provide some material
for such a book. My Martian orders his world through facts, logic, and analysis
and once all the information has been gathered, he procrastinates himself to
a stand still.." Anna and Max Rosenberg, Melbourne, Victoria
The Long and Winding Path to Consistency
"I was
particularly taken by the concept of relative strength which enabled you to
find the strongest sectors and the strongest shares within those sectors. It
made sense to me that selecting shares on that basis gave me a higher probability
of success than following somebody else's opinion. I thought when this was combined
with the correct timing of entry that the various SPA signals would give me
I would have a failsafe approach of making lots of money regardless of market
conditions..." Dietmar Kahles, Chatswood, NSW
Without Hesitation or Reservation
"Prior to joining
ShareFinder I was probably a fairly typical "player" in the stockmarket. I had
made contact with several brokers over many years and relied on their tips etc
as well as a whole lot of luck. I was always hoping that my trades would go
in a certain direction and I never had a plan for exiting in advance nor any
money management guidelines..." Barry Kras, Melbourne, Australia
From Discretionary to Mechanical Trading
"I commenced
discretionary trading on stocks on the ASX in 1998, and continued trying to
develop a sound trading system. I had some understanding of levels of risk and
the need to have different sizes of trades for the different levels, and of
technical analysis. I also tried several trading systems which used technical
analysis to determine entry points, and used both financial and technical stops
for both stop losses and taking profits. For 3 years I was not successful. I
was inconsistent in placing orders when I had entry signals, and often exited
a position because the price was dropping and I was worried about loss of capital."
Warwick Stewart, Kalkite, NSW
