Over the past year I have been trading along side Petra Hess the creator of Petra Picks in another service I belong to called Millionaire Roadmap. I didn’t realize that in less than a years time she would have proven to be one of the most consistently profitable traders in our group. She began teaching the rest of us and before we knew it, she was alerting her trades that have made her a star in our trading community at Jason Bond Picks. She has split off on to her own and is now known as Petra Picks. Although this is a newer service, I can attest to what she has to offer as I’ve been trading with her for a year now. Out of all the people I have followed over the years she is the highest recommended for those who can’t trade all day, want to supersize their learning and portfolios by following easy to mirror trades without dealing with the more risky smaller cap stocks. I’ll explain in more detail below.
Petra Hess, a self made millionaire by the age of 25 found herself like many of us, with huge losses in the stock market after the recession. She decided to take over managing her money herself and spent over 8 years working on a profitable system to trade stocks. A lot of people I have tried in the past spend more time trading on a hope and prayer, Petra has a clearly defined strategy to find stocks that are ready to pay nice gains, with reduced risk and easy to follow trades.
This is the first strategy that I’ve learned that uses a combination of moving averages to find entries and exits on larger cap very liquid stocks. Small caps have been my focus for 3 years now and sometimes they don’t follow the rules and are easily more manipulated. With larger cap stocks, they have higher volume and follow the rules more often so that Petra’s picks can apply her strategy to win more times than not.
Here’s an example of how Petra Picks works and how it is applied,
Received every morning in your inbox will be a watch list and depending if you pick the platinum service you will also receive a video.
Morning watch lists contains stocks on watch with the buy and stop levels noted below.
BUY 73.22 to 76.14
Stop Initial stop will be a close below the 50 MA
Targets 81.94 and 86.42
On this particular trade Petra alerts a buy;
I am long 140 WDC at 73.18
Then a sell;
I sold WDC at 78.27 for a 7% win.
Notice that Petra is still only putting approx 10k in to a single trade, but still able to profit around $800. This is the same strategy she will apply over and over again. Petra has taught me that it doesn’t matter the price of the stock, it’s still possible to get profit from any stock, but the most important part is just managing your risk. Most people assume higher priced stocks are for people with lots of money, but these stocks still have the ability to make big moves in a short amount of time. That is the type of strategy that Petra has been working on for many years.
One of the biggest problems I hear from many of my followers is not knowing when to sell. So many people make profit and then just don’t pay themselves. Before they know it they are back in the red and closing for a loss. This is one of the biggest hurdles of trading believe it or not. In my eyes, profit is profit, however I still regularly kick myself selling to soon, or not soon enough. One of my favorite parts of Petra Picks is having a clear buy and sell area, all based on moving averages that she will teach you and can be easily applied on your own. Or just mirror.
Finally, no one can explain Petra Picks better than Petra herself. Here’s a small recap taken from her site at www.PetraPicks.com;
After years of trading mostly Canadian and mid to large cap U.S. stocks, I’ve identified chart patterns that tend to reoccur over and over again . Now many traders think that movements in the market are random, but I’ve found the opposite to be true. Experts agree that history tends to repeat itself in the stock market, and that’s why that the same patterns will continue to appear.
Through trial and error, gain and loss, I’ve a established a time-tested set of principles that I follow faithfully when I’m investing and trading stocks. In other words, the proven set of rules I’ve developed over the years has made trading more profitable and easy for me. Best of all, the proven principles keep my emotions in check and out of the trade. And they will do the same for you.
Every successful trader knows that timing is crucial. That’s why I’ve developed the right instincts and a proven method that tell me when to get in, and when to get out of a trade. My system and rules allow me to remove emotion from the equation, and simply let the charts tell me when to buy, and when to take my profits. You’re going to be amazed at how easy it is to apply my market-tested methodology!
More about Petra Hess (From her bio);
Before we get started helping you become the best trader you can be, let me tell you a little bit about myself. Over the years, I’ve faced and overcome numerous challenges. Because of this, I’ve achieved entrepreneurial success in a variety of areas.
Just to give you an idea, I’ve exported livestock to Europe, boarded and transported Ostriches, manufactured and sold cosmetics on shopping channels around the world and now, along with other members of my family, own several businesses in the telecommunications field.
In fact, I became a self-made millionaire by the age of 25 — back when $1,000,000 was a lot of money! Like many successful people, I worked long hours to build my wealth and was focused on building my business, not my investments. Because of this, I decided to hire a “trusted professional advisor” to manage my money.
All was going well, until the financial crisis hit, and my advisor lost 50% of my portfolio in about a year’s time. To make matters worse, he never called or notified me while all this was happening; he didn’t do anything to protect my portfolio.
My advisor was avoiding the problem rather than fixing it. In fact, I had to pay him his fees for losing MY money. Needless to say, I was furious! After going through the painful experience of losing over half my wealth, I realized that I needed to take control of my personal finances.
Let’s be honest, no one cares as much about your money as you do, right? So what did I do? Well, like I did with my other businesses, I jumped in and started learning everything I could about the stock market, and trading stocks.
Now, 8 years later, I can happily say that I’m a successful trader who consistently pulls profits out of both the U.S. and Canadian stock markets by following an easy-to- understand system that I continue to distill down to a science.
And here’s the good news for you — It works for me, and I can teach you step-by-step exactly how to do exactly what I do!
– Petra Hess
Hope this helps add to everyone’s profit! You can visit Petra Picks website here for more information.