5 {{ upvoteCount | shortNum }}
5 {{ upvoteCount | shortNum }}

What would it take for you to buy my product!!

by Mark Alexander
4 replies
Hi Warriors

I am looking at launching a stock market website that is dedicated to the techniques that I have developed through my own trading and investing over the years.

My questions to the warriors are;

What do you think I would need to offer so that the public would believe what i had to say?

I make on average returns of between 1.5% -2% ( per month).

As many of you are aware the financial markets are full of dreamers and scammers, who say that they have invented the next best thing.

I already have doubters over my returns ( even after seeing trading statements)

My main thought of a business model was to use a blog and post my trades and advice on it, (all for free)

I hope to sell advertising space once there is enough traffic, and also to manage accounts on behalf of private clients.

I already manage 2 small accounts on behalf of private clients now.

Oneobjection I hear from time to time is : If you are so good why don't you just trade your own money??

My answer to that is once I have an account value of $300k I will be able to live soley of my investing.(I am just trying to build up my capital to reach my goal)

I would appreciate some feed back from the warriors.

Regards
Mark.
#buy #product
  • Profile picture of the author anonymous123567
    Mark there are a few guys on this forum that I personally know of that will be able to help you directly, I've only ever researched this niche.

    In general however if you could possibly document your progress over a period of one month, a bit like a diary maybe using camtasia or some sort of video camera. You don't have to give away all of your secrets but maybe an insight into how you operate, maybe then people will entrust you with their capital.

    The free option is a fantastic idea, if you need help setting up a video blog just shout.


    Take it easy Mark

    Alex
    Signature
    {{ DiscussionBoard.errors[385714].message }}
  • Profile picture of the author billromer
    Mark,

    I'd have to agree with Alex. Perhaps you could do some videos where you show the actual date/time before you enter a trade, and then document your profitable exit. I realize belief is a tough nut to crack in this market.

    Depending on the number of trades available to you each month, maybe you could throw out a pick or two for people to watch on their own - maybe that's what Alex meant by the free option.

    Maybe you could get a testimonial from someone at your brokerage, or your accountant, or something like that?

    Having traded before myself, I like a good dose of reality - i.e., showing losing trades, not too much hype, etc. Maybe showing your returns applied to a sample account with starting balance of $10k or something like that. Just showing people what they can expect - not a million overnight.

    Hope that helps a little,

    Bill
    {{ DiscussionBoard.errors[385725].message }}
  • Profile picture of the author anonymous123567
    Jim I can see exactly where you're coming from, however the one page I do have advertising a Stocks related product is doing pretty well despite the current climate.

    Trading is a great skill, just check out the Trade To Win forums, teeming with potential students.
    Signature
    {{ DiscussionBoard.errors[385741].message }}
  • Profile picture of the author Mark Alexander
    Hey guys

    Thanks for your replies so far

    I forgot to mention I have also been trying trying to obtain employment in the financial markets, but have been knocked back by the recruiters, cause I don't have a college degree, or an MBA.

    Jim I understand where you are coming from as well, and that whats makes people even more skeptical of me, Nov and Dec 2008 were my best months ever with a return of 11% for the 2 months.

    Alex I trade only covered calls and credit spreads on US ETF's (XLE, QQQQ, SMH, SPY, IWN) I have also been lurking around trade2win for a couple of years or so now.(I do not day trade and the average trade time is one to two months)

    Also most people who chase stock market riches, want to double their money by tomorrow lunch time, not make a measley 1%-2% per month, even though by trading conservatively they will make more in the long run.

    Mark.
    {{ DiscussionBoard.errors[386380].message }}

Trending Topics