Company Answers Corporation.
Stock Symbol: ANSW

July 23rd Closed at 7.61
July 16th Closed at 7.40

Positioned as a long trade.
Update – Answers Corporation had a nice move this week of .21 cents and was one of the top gainers July 2nd and rose 9.5% to 7.87 – AP. Markets were mixed during the week. .

Current Investment Opportunity
by CM Capital Services
New First Trust Deed
Opportunity
Short Term Loan Pays
10% to 10.25%

CM Capital Services continues to search the western states for quality real estate loans that will yield double digit annual returns for our investors.  Just north of Salt Lake City, an experienced Utah team seeks funds to purchase and complete development of a highly desirable residential community.   

Phase One of The Old Farm at Kay’s Creek features 24 distinctive lots zoned for single family homes.  All 24 lots are currently reserved by end buyers.  Our borrower was able to negotiate an extremely favorable purchase price with a local bank looking to get these lots off its balance sheet.   

Proving, yet again, that in this real estate market only the savvy need apply, our borrower is purchasing this high quality development for a fraction of its previous value.  

We are lending 43% of the “as developed” value of this property.  Interest to investors will be paid monthly at an annual rate of 10% to 10.25%.  The loan term is 6 months with two optional 90 day extensions possible.  Take a look at the attached fact sheet for all of the details.

If you are looking for a quality income investment that is short term, then act quickly and call or email us at the numbers below.  Our investment minimum remains $10,000.

Current Opportunities

First Trust Deed Opportunity
Old Farm at Kays Creek, LLC Loan #3289

For More Info Contact:

Jay York
jyork@CMemail.com
702-739-9090
Be sure to mention this Newsletter

Trader Testimonials

"I can not even begin to express my gratitude to Robin for all that she has helped me to accomplish in such a short period of time. When I first called her, I was an emotional mess. I was in a place that so many new and experienced traders can one day find themselves. I was totally "blocked" as Robin would say, frozen, and paralyzed to a point where I was no longer able to take a trade. On my first phone call with her, she put me through her "Scramble" excersize, and the block became something that was a thing of the past. Not only was I able to trade again, but I immediately started to trade profitably again. It doesn't stop there though, because I can truly say that she has helped me to create a strict discipline around so many different aspects of the emotional side of trading. This has allowed me to increase contract size, and increase the size of my account.

As I have continued to work with her, the rules and the discipline have continued to grow. Eventually, I'm positive that she will help to me master myself, and as a result, master the art of trading. The bottom line is this: you have to work hard to get this, but if you are willing to work on yourself, Robin has the right tools, and expertise to help you get to where you want to be. Thank you Robin Dayne! You are the best!"
Jeff - NYC, NY

Ask the Coach
Win a FREE CD
If we use your trading question as an example in the newsletter we will send you a FREE CD:

"The Hidden
Trading Realities"
-The Pro's Know.

Follow Robin on Twitter

Follow StockTwits

Trader's Library

Test Your
Trading Emotions

Radio Show Archives

Free Trial Week

Hosted By
Robin Dayne
"The Trader's Coach"
18 years as a trading and life coach

Summertime
Coaching Special
Extra Session $250 Value
Limited - thru 8/31
5- Pack plus 1
Click to Register

Webinar Sept 7th
Don Miller
Teams with Robin
for the September
Jellie Training
Click for Info

P&L Syndrome What is IT? & How to Avoid It

By Robin Dayne

This is a topic for new traders and on occasion I have run into experienced traders that fall into this trap as well.

First, let me explain P&L Syndrome – It’s when a trader has their P&L on their main screen and they continually look at it over and over again. They look at it before the trade, when the trade is executed, and while in the trade. Often the make the decision to close the trade because of what they see verse what’s happening in the market at the time. This can cause a mesmerising effect and affect important trading decisions that may not be beneficial.

If the trader wants to increase their “feel” or intuition about the market they must focus on the moves of the market. The distraction of the P&L just doesn’t do anything for intuition.

Yes, it’s advantageous to set goals for the day but the bottom line is that it’s critical to focus on the quality of the trade NOT the quantity of the trade. The reason is the effect on the mind by doing this. The mind starts to become influenced while in the trade looking at the P&L all the time. It can even create a “block” and we all know what the block can do to us.

When the thought process goes to the numbers all the time, different decisions get made than when watching the moves the indicators and levels show. When switching the focus the trader will miss the important things they really need to when honing their skills. The mind seeing the P&L over and over creates a compounding effect of the same the “thought” and even can cause trading errors that are unnecessary bad decisions.

A trader can exit the trade too soon and miss out on a good move looking at the dollars instead. They can avoid taking a trade because the P&L is at a certain point. What’s worse is looking at the money will also increase the fear and emotions that need to stay under control while trading. We all know how important control of emotions can be to a successful trade, how, out of control emotions can really mess up a trade.

I am not saying don’t use stops or not to stick to rules that protect your cash. Both of those items are also important and P&L syndrome can cause the trader to miss out on many trades great set-ups while looking in the wrong place and having the focus be somewhere else than on the quality of the trade and what’s happening in the moment in the market.

I can tell immediately when a trader I’m coaching is looking at the P&L because their language and conversation is always around the dollars. They say things like: “I had a bad day I was at 1000.00 on the P&L and in the next trade I gave back all of it and more finishing down for the day.” Or “I was up 100.00 in the middle of the trade and it went up to 300.00 and than pulled back.” They don’t mention the market at all, they don’t refer to the “ticks” or the actual numbers of the market they’re trading. They only refer to the dollars in some way.

So what’s a trader to do? If they have the P&L Syndrome? Well here is a very drastic solution and I will warn you ahead of time, that doing this will make each trade better and improve the trader’s instincts of the market quality of the trade.

If you think you are doing this and you DO NOT have a problem than I challenge you to test it……try the test. AND

Take the P&L off the screen and just focus on the indicators, market movement and set-up. ....Read More

Special OFFER to all traders:

Save $50. now thru the end of August .Since this is a common challenge for so many I If you mention this newsletter and article I will take $50 Off the “Sharpen Your Performance Trading CD” it will be the best money you will ever invest in your trading!

ALL the information in the Robin Dayne Newsletter is for educational purposes only and is the sole property of Robin Dayne Inc. (RDI) and may not be duplicated, recorded or reproduced in any way and includes: verbal, print, e-mail, or any media vehicle without the written permission of RDI.

Top Traders Advice

Futures
By Chris Vermeulen

Back 2 Back Reversals for the Stock Market
July 21st, 2010

It’s been another strong week for equities but are stocks and commodities about to get hit with some selling pressure?

I have put together a short video coving all of these investments but here is my Coles Note Version:

US Dollar:
The Dollar is way oversold and looking ready for a multi day bounce. This will put pressure stocks and commodities.

Crude Oil:
Oil is trading at resistance and with the Fed minutes reported today saying they are some what concerned about the economy still this pulled oil down late in the day. Also if the US Dollar bounces it will add downward pressure to oil.

Gold:
It’s a tough call on gold because it could go either way here… It could be seen as a safe haven in stocks fall in the coming days, or if the US Dollar moves up then it will put more downward pressure to gold. I feel money can be made a breakout to the up side or the down side. Explained in the video.The market continues to become quicker and fiercer as it move up and down 2+% on a regular basis This week we have seen some wild price swings due to earnings, events and the Fed’s which just makes trading that much more intense.

I have pointed out yesterday that this market only gives you a brief moment to take profits before it starts going wild shaking traders out of positions. This increased volatility is caused from a couple of things:

1. Traders/Investors know the financial system is still riddled with unethical practices/manipulation. This causes everyone to be extra jumpy/emotional and causes volume surges in the market as the herd starts to get greedy or fearful.

2. Volume overall on the buying side of things just isn’t there… I see some nice waves of buying but it doesn’t move the market up much… then it only takes a small wave of sellers for the market to drop… Investors are just scared to buy stocks and that is not a good thing…

I keep a close eye on the buying and selling volume for the NYSE as it tends to help pin tops and bottom within a 2-3 day period. In short when we get panic buying meaning 75%+ of volume is from buyers then I know the general public is jumping into the market buying everything up and that’s when the smart money starts to scale out of their position selling to these retail investors. These retail investors are buying on news and excitement much like what we are seeing now with earnings season. Stocks have run up for 5-10 days, as the smart money buys in on anticipation of good news, then the earnings are released which are better than expected and the stocks pop and drop. Well the pop higher on BIG volume are all the retail investors buying and are generally the last ones in. The smart money is quickly selling into this buying surge so they end up getting out at high prices.Read More

Futures
By David Banister

Scaling into Trades for Profits
July 20th, 2010

At Active Trading Partners, we believe that nobody can predict exact bottoms nor tops, but we can certainly come close. In light of that belief, we “scale in” to our preferred trade set ups using 1/3 trenches at a time. Using our backdrop of looking for waterfall decline entry points for reversal profits, we add in some Elliott Wave theory and Fibonacci figures to mix up our recipe. As we see a trade set up coming around the bend, we begin to “Scale In” to our trades as each Fibonacci or Wave pattern is reached.
Samples are our recent trade into BGZ, which is 3x short the Russell 1000 Index. The Elliott Patterns we interpreted said the market rally would wane as we hit 1071/1074, 1085, and 1092. As those areas were hit on the SP 500, we would purchase 1/3 positions into BGZ, inevitably profiting from the overbought reversal to the downside in the markets. This reversal happened on cue on Friday last week, July 16th. Our BGZ position rose 8.5% in just one day of trade, allowing us to enter into a “green” profitable territory on our scaled in position. Read More