Many of you have asked me to define a "block trading system" for trading in the stock market.
This post will dedicate itself to a simple explanation. First, understand that experience using this system for trading cannot be replaced by explanation. Secondly, any system you choose for trading in the market need be tested and paper traded to grow comfortable and confident with the strategies built into the system. Know your system intimately!
The block trading system used by most members of the EZ Trade pro community is built upon four cornerstones.
1) Simplicity
2) Safety
3) Time Efficiency
4) Profitability
Blocking allows you to build a block of 10 highly refined stock picks (provided by CMAA) over a 4-5 week period. Your block can be viewed as a mini mutual fund that you have built for yourself using the news that is published by CMAA. Simplicity lies in the fact that your block will manage quite well without your watchful eyes. A block of well evaluated stock choices in essence becomes a fortress for securing and growing your money without the vigilance required to monitor your day trades or the need to be in constant contact with your stock broker. This system of trading is designed to take the work out of the exhaustive trading process. Each stock joins the next in building a portfolio that protects itself through diversification amongst your stock picks. Your block of stocks will be built over time and then simply observed over the next 2-3 weeks as your portfolio reaches towards the target gain built into the original design of the system.
Simplicity!
The next post will address the many safety features that are built into the block trading system and how using such a system creates a strategic advantage for the trader.