Wealth Building Fundamentals seminar in Denver: an update from the front line by Mike Farrell with aspenIbiz.
Mike Farrell with aspenibiz recently attended a Wealth Building Fundamentals seminar conducted in the Denver, CO area. He provides an overview of the seminar and highlights the 7 step investing formula presented by Scott Martin, lead instructor.
Online, December 28, 2009 (Newswire.com) - "Scott is a very good instructor and definitely enthusiastic about ensuring you learn to trade your own account in the marketplace," said Mike Farrell, with aspenIbiz, after attending a two day Investing Foundation seminar conducted by Scott Martin and held in Denver this past weekend.
The course followed a 7 step formula that introduced topics such as mindset (being mentally prepared to trade); some terminology associated with entering and exiting a trade; a top down approach that provides a view to the sentiment of the "Big Money"; some charting techniques to visually understand the price point action of a stock; and methods and techniques to search for trade candidates - these are not the "marque" stocks like GE, Microsoft, JPMorgan, or Valero but stocks that are better trading stocks in order to generate profits.
Additional topics that were presented in the seminar included Support and Resistance levels, chart patterns, Options, ETFs that can be used as an alternative to mutual funds, and an overview of the trading platform of thinkorswim.
This seminar concluded with an introduction to Elliot Wave Investing and how this technique indicates that more downside is likely to occur in the market ... so it is best to obtain the appropriate education in order to monitor a few indicators on a daily basis and be prepared if this downturn were to come to fruition.
"This was a 1st class seminar," said Farrell as the two day event was concluding. Over 400 students were in the class held on a beautiful crisp fall weekend at the DoubleTree hotel in Westminster, CO which is one of the northern suburbs of the Denver area.
You can find out more about the stock, option, forex, and futures marketplace and this Wealth Building seminar by reading updates that will be posted at Farrell's blog over the next few weeks.
Farrell, a former engineer with General Dynamics and management consultant at Deloitte ... is on a mission to empower individuals by increasing their financial literacy, improve their ability for personal sustainability, and contribute to the program that has a goal of creating 100 Millionaires by 2012.
He favors a recent quote from Steve Forbes. Forbes says "more financial education with the resulting increased financial literacy, and associated empowerment, are the keys to recovery from this ongoing financial crisis.
In addition, Farrell invites you to:
Meet him at: www.facebook.com/mifarrell
Follow him at: http://aspenIbiz.blogspot.com and
Watch him at: www.YouTube.com/user/MikeAIB .
When not traveling for business or pleasure, Farrell operates his own internet marketing company and consulting firm from his home in the mountains of Colorado.