As as stock and option trader, I often come into contact with newly developed trading systems, investment book releases, andquot;secretandquot; trading methods, stock investment newsletters, and trading software that is released each month in the industry but, almost without exception, none of them live up to the hype that precedes their release. After many years in trading the markets, I have gained an insight that the real crown jewels of trading information can be credited to less publicized work that you never see in the glossy full-page ads in Stock andamp; Commodities magazine and the like. One of these crown jewels in online stock trading and option trading strategies is from the Blue Collar Trading Manual from StockOptionSystem.Com.
I came across StockOptionSystem.Com after perusing some trading articles on the web when I came across an article on momentum stock selection written by a trader named Billy Williams. I went to his site to check it out and found several articles on stock option trading and online stock trading with emphasis on momentum stocks. I also read thru his blog entry and found his stock picks were spot on which impressed me.
When I came to the product section I discovered the sales page for the Blue Collar Trading Manual and read thru it with great interest. The sales letter emphasized several key lessons to be taught and I decided to purchase it. My reasoning was that as long as I picked up one thing to help me with my trading then its worth it. Besides, there is also a six month guarantee with no questions asked if I wasn't happy so I knew I could get my money back.
There are two bonuses that come with the manual and both are easily downloaded in PDF format within seconds of purchasing. I printed them off and began studying them and found them to be direct as well as effective methods in there own right. I found myself smiling as the author began to recount his beginnings as a trader and some of the gut wrenching obstacles he encountered because it reminded me so much of my own beginning. With persistence, he details how he refined his trading edge with statistical analysis to lower his risk profile while quantifying how he raised the probability of winning on each trade.
Several methods are detailed in the manual such as his methods for online stock trading, system for stock selection, identifying momentum stocks before they launch into a hyper-bull run, using a simple stock option trading technique for consistent profits with barely a loss, possibly the best method for identifying market turns that I have ever see which uses a unique price pattern combined with a common indicator, and much more. As you read you will be able to tell like I did that this manual was written by a veteran trader that has suffered setbacks but has perservered to discover these effective methods which he describes in detail in this manual.
The manual, however, is not without its flaws though. First, this is a manual written by a veteran trader and not a professional writer. Simply put, if you want Shakespeare then go to Amazon.Com. But if you want real methods to make big money in the stock and option markets then this manual has it.
In addition, the material assumes that the reader has some basic understanding of trading jargon and price patterns. The author is very upfront in the introduction that he does not want to waste the reader's time on alot of filler about technical analysis and the like when they can just Google search that material for free on the internet. He wants to impart the andquot;meatandquot; of his methods without alot of fluff in between the points he is trying to make. While I can appreciate that as a veteran trader myself if you are an absolute beginner make sure you are aware of it so that you don't feel too lost.
In conclusion, I felt compelled to write about this trading manual as I think it is a real gem of practical information and I predict that the author will be recognized one day as a true expert in the industry. If you are really serious about learning more and improving your trading skills then I highly recommend adding this work to your library before word gets out and the Blue Collar Trading Manual becomes a lot more expensive than it is now

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