Kevin J. Davey - Stock Investing For Everyone: How You Can Beat Wall Street At Their Own Game

STOCK MARKET INVESTING FOR EVERYONE

How You Can Beat Wall Street At Their Own Game

Kevin J. Davey

Copyright 2019 by Kevin J Davey. All Rights Reserved.
All rights reserved. No part of this book may be reproduced in any form or by any electronic or mechanical means including information storage and retrieval systems, without permission in writing from the author. The only exception is by a reviewer who may quote short excerpts in a review.
ISBN: 9781701767720 (paperback)
Printed in the United States of America
First Printing: October 2019

Visit my website at KJTradingsystems.com

Table of Contents

D isclaimer

Data, information and material (content) is provided for informational and educational purposes only. This material neither is, nor should be construed as an offer, solicitation or recommendation to buy or sell any securities. Any investment decisions made by the user through the use of such content is solely based on the users independent analysis taking into consideration your financial circumstances, investment objectives and risk tolerance. Neither the author, KJTradingSystems.com (KJ Trading) nor any of its content providers shall be liable for any errors or for any actions taken in reliance thereon. By accessing the KJ Trading site, a user agrees not to redistribute the content found therein unless specifically authorized to do so.

Author is not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the SEC) or with any state securities regulatory authority. Author is not licensed to provide investment advice.

Contents of this book are not provided to any particular individual with a view toward their individual circumstances. The information contained herein is not an offer to buy or sell securities. Information contained herein constitutes non-personalized advice and involved disinterested commentary on the securities discussed.

This book has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. An individual should never invest in the securities of the companies mentioned based solely on information contained in this book. Individuals should assume that all information provided regarding companies is not trustworthy unless verified by their own independent research.

Individual performance depends upon each students unique skills, time commitment and effort. Results may not be typical and individual results will vary.

U.S. Government Required Disclaimer-Commodity Futures Trading Commission states: Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures, stocks or options on the same. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in this document. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41-HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL, OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE DISCUSSED WITHIN THIS SITE. IF YOU DECIDE TO INVEST REAL MONEY, ALL TRADING DECISIONS SHOULD BE YOUR OWN.

Grab My Bonus Material

Before you begin, simply go to http://www.AOKbooks.com/stock-book to get these bonuses:

• Tradestation code and workspaces for the algo strategies discussed in the book
• NinjaTrader NT7 and NT8 code for the algo strategies discussed in the book
• Invitations to free trading webinars I regularly put on, podcasts where I discuss trading, free articles I write and possibly even updates to my kids portfolios!
• 6 Nifty Extras not entries, not exits, but instead useful code snippets for Tradestation you can use for algo trading
• 44 minute video 3 Excellent Entries advanced entry techniques, not discussed here

Special Note: Thanks to my colleague and student Brett for converting Tradestation code to NinjaTrader NT7 and NT8 code provided in the bonus package. Reach Brett at ironbuffalo@mail.com with any questions or comments on the NT7 and NT8 code.

THANKS!

Dedication

To my children-Owen, Kathryn and AndrewI hope my stock and wealth building advice will bring you success and happiness in the years to come.

To my wife AmyThanks for making all this possible!

Introduction

We are in the homestretch now. Just a few more minutes. Be still, or the scar will look worse. An authoritative voice filled the room, although I could not tell the source. I was too blinded by the glaring surgical lights shining in my eyes to see anything except some faint shadows in the periphery above me. Dont worry doc, I thought to myself as I tried not to shake from fear, Im not moving a muscle.

That was 14 years ago, and it was now 1988. The repressed memory shot to the forefront of my brain as I handed the slick talking, but downright friendly, Toyota salesperson the cashiers check for $15,051. Basically all the money I had to my name. As I handed him the check, he flipped the keys to me. The shiny red Toyota MR-2 sports car was mine.

Pig face!

As I walked towards the car, the little voices came back. Cruel, heartless second graders. My friends only a few weeks prior were now hated enemies, mercilessly taunting and bullying me.

His cheek had a hole in it, so they had to fill the hole with pig skin. Hes a pig face! one girl authoritatively exclaimed. Thats so gross!

Why now? Why after 14 years were these tormentors returning, filling my head with a cacophony of sing song taunts?

$15,051. That was why.

Actually, the amount in 1974 was $5,500. That is what the owners of the dog paid for disfiguring my 7 year old face. Actually, their homeowners insurance paid it, and their vicious dog, who had bitten numerous people before me, lived happily ever after with his owners. I, on the other hand, endured months of painful visits to the plastic surgeon, and years of mocking, for the scar on my cheek.

$5,500 did not nearly cover my pain and suffering the past 14 years, but it eventually paid for my new car-sort of college graduation present to myself. Maybe I should be thanking that dog instead? No!

I was lucky, I suppose, and could have been even luckier. My mom took that $5,500, and for all those years, faithfully invested it in certificates of deposit (CD) from local banks. CD rates were around 6-10% back then, a far cry from the 1-2% annual savings rate returns we now endure. She was able to grow that $5,500 into over $15,000. Plus, as guardian of the money, she kept me from frittering it away when I first turned 18.

So, being a 21-year-old in 1988, with $15,000 to buy a new car, made me pretty lucky amongst my peers.