by Trader Dan

As as stock and option trader, I often come into contact with newly developed trading systems, investment book releases, “secret” trading methods, stock investment newsletters, and trading software that is released each month in the industry but, almost without exception, none of them live up to the hype that precedes their release. After many years in trading the markets, I have gained an insight that the real crown jewels of trading information can be credited to less publicized work that you never see in the glossy full-page ads in Stock & Commodities magazine and the like. One of these crown jewels in online stock trading and option trading strategies is from the Blue Collar Trading Manual from StockOptionSystem.Com.

I ran across this site after reading some trading articles on online stock trading at one of the article directories on the web while waiting for the markets to open. One of the articles on selecting momentum stocks caught my attention and I noticed it was written by a trader named Billy Williams, owner of the StockOptionSystem.Com. Later, when the markets had closed for the day, I went to his website to check it out. I read his articles posted there as well as his blog entries and was impressed with his market commentary and stock selection. His market analysis was spot on and impressed me which is not easy to do.

I then ran across the sales letter for the Blue Collar Trading Manual and read thru it deciding to purchase in part because of the bullet points but also because I had confidence that the author was a real trader after reading his blog and articles. After so many years in the trading trenches, I can tell a real trader from just an information peddler trying to make a buck and, besides, the Blue Collar Trading Manual comes with a six month back guarantee so I knew I could get my money back.

The manual comes with two bonuses and all of them are in are PDF format so I easily downloaded them within seconds of payment and began reading it off the computer not knowing if this was just going to be a rehash of old technical patterns or what. As I read about his failings at his beginning as a trader (which reminded me a lot of my own) he detailed how he statistically refines his edge in trading the stock and option markets to increase his winning percentage and lower the probability for losses. After, reading that he got my attention in a big way!

Several methods are detailed in the manual such as his methods for online stock trading, system for stock selection, identifying momentum stocks before they launch into a hyper-bull run, using a simple stock option trading technique for consistent profits with barely a loss, possibly the best method for identifying market turns that I have ever see which uses a unique price pattern combined with a common indicator, and much more. As you read you will be able to tell like I did that this manual was written by a veteran trader that has suffered setbacks but has perservered to discover these effective methods which he describes in detail in this manual.

The manual, however, is not without its flaws though. First, this is a manual written by a veteran trader and not a professional writer. Simply put, if you want Shakespeare then go to Amazon.Com. But if you want real methods to make big money in the stock and option markets then this manual has it.

Secondly, it does not really take into consideration the absolute beginning trader. The author is very upfront that he does not want the reader to waste time reading on price patterns and technical analysis methods when that type information is readily available on the internet. If you can do an internet search for it then you won’t find it in this manual. The author assumes that the reader has a basic education in price patterns and trading jargon.

I felt drawn to write about this trading material as I think it is filled with practical information that can really help alot of traders out there. I believe that the author will eventually become more recognized in the industry and I think helping aspiring traders become familiar with his methods will help them navigate there way in the stock and option markets. The Blue Collar Trading Manual is a noble effort that imparts alot of trading techniques as well as wisdom to anyone who adds it to there personal trading library.

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