News 

Success comes from sticking to the system

Excerpt from Australian Financial Review – 14 November 2007

Both Hill and Haywood have adapted methodologies they learned through HomeTrader courses, with an emphasis on systems and objectivity.

HomeTrader director Jason Davis recalls how, during the correction, too many traders and investors forgot that anything can happen in the marketplace.

“The correction sorted out the appropriate and inappropriate risk takers,” Davis says. “Too many people hit their pain tolerance and felt they had to sell at any cost. At the same time, there were fantastic opportunities for those taking sensible risks.”

Davis sees the August events as not so much a meltdown but rather a transfer of wealth at an important historical moment.

As online traders are discovering, money never sleeps – it’s a case of not only spending it wisely but also of moving it around sensibly.