Mark Shipman's Investment course

he is not allowed to put his individual stock positions on his site, he obviously is allowed to put index future positions on it. listen man, im not taking advice from someone who lost everything. bye bye
 
limerickboy1 said:
he is not allowed to put his individual stock positions on his site, he obviously is allowed to put index future positions on it. listen man, im not taking advice from someone who lost everything. bye bye
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Limerickboy - I have regular personal email contact with mark shipman.

You are factually incorrect with this assumption you are making.

Just to clear up where your confusion lies, for a while Mark shipman was not allowed post ANY of his positions on his web page.
The reason being that the financial regulator argued that it could be misconstrued as financial advice.

It wasn't in any way related specifically to individual stocks as you seem to think.

The regulator finally came up with a compromise whereby as long as he included a disclaimer he could continue to post his positions.


I find it quite bizarre that you continue to argue this point with me even though I am passing on first hand information from mark shipman himself.
I really have no reason nor desire to make this stuff up.
 
I havn't looked at shipmans diary in a month now but i see he is only long gold now, what a change in a month, one of the best forecasters i have come across even though he does not tip individual stocks or commodities is 'marc faber', he has articles and interviews up and down, but he was the one that got me investing in commodities, he is a long term fan of gold, however in the short term next year he says the most undervalued asset is the US dollar, i usually put my money where his mouth is
 
gold had made a double top and is on the way down
 
I am planning on reading Mark Shipmans two books in the coming weeks. Can you recommend which one to start with? Next Big Investment Boom or Big Money Little Effort? Do they live up to the hype?

PS - Iam goina git me some gold teeth
 
qwertyuiop said:
FOr the last 2 months i decided to literally copy all his positions and do nothing else.

It's worked so far - made a nice few thousand.
That said - i'm fully aware that 2 months isn't nearly enough of a time span to draw any conclusions.

However - due to my profits made i'm thinking i'll give the guy back some of it !!
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How has it worked out since January with following Mark Shipman? I read both his books and also followed his advice but it didn't work out as well for me in the last 4 months. I'm hoping things will get better for the latter half of this year.

Neil
 
shipman just closed hid gold position that he opened a few weeks ago. this guy is no help when in a market like this i.e. no real trend and high volatility.
 
limerickboy1 said:
this guy is no help when in a market like this i.e. no real trend and high volatility.
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That's correct - nor does he claim to be !

He is involved when markets are trending and he is out when they are not trending.
That is why he has no positions open at the moment.
 
Hi Qwerty,

Was the Shipman course in March any good??

Did anyone else attend one of his courses and if so were they worth it??
 
Daithi7 said:
Hi Qwerty,

Was the Shipman course in March any good??

Did anyone else attend one of his courses and if so were they worth it??
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Yes - I found his course very good.

He goes into more details of stuff that is not included in his book - the most important being his stop loss which for some mad reason was not mentioned in his book.

The thing to remember is that basically he is a trend follower.
There are many trend following systems out there.
The courses teaches just one of them that shipman uses.
He doesn't claim this is the best one. It is one that suits him though.

He has another one starting in february.

I would recommend you look into trend following as a general trading strategy too.

There is a good book by Michael covell called 'trend following'
 
Thanks for that Qwerty,

I have Shipmans book and am currently reading it, and have read the full discussion here which is excellent in fairness.

A few points strike me though:

1. Define your (one's) role: Are you an investor or a trader?

2. Look at other's role and pick out models in your mode i.e. investor models rather than trader models

3. Observe best practice, take a view, from this spot sectors and areas you'd like to invest in, maybe do tech analysis to pick entry (still not sure about this) and hang on until you have realised your view or otherwise (and pick exit based on tech analysis?? -maybe not sure on this either)

For instance, I am an investor not a speculator or trader. While I realise all investors are really just long speculators there are significant differences- one invests based on some fundamentals (or at least a view thereof) while the other is really just playing pure sentiment, which to be honest I don't understand, and even if I did, I would be 24hours out of date as I read newspapers that report on yesterday not today!!

So as an investor right now, say I like Eastern Europe, say I like wind energy, say I like China (but I don't understand enough about markets there) and say I'm begining to like US consumer based companies (e.g. food, etc). So I want to take long positions in some of these and hang on till I think my outlook for these areas has been someway realised.

So what does this have to do with Shipman and Buffet??

It strikes me that Shipman is a speculating trader (via spreadbetting), while Buffet is an investor. So for me, I'm gonna follow people like Buffets way (excuse the pun), and just read Shipman to get another type of animals view of the market, and to try to understand some of the other forces at play in the market I am using as my investment vehicle. Am I right or am I really right- what do you think??

And hence, my real question is, even as an investor should you use some form of technical analysis to time when exactly you get into a market and when out?? e.g. If I want to buy a US Food Company ETF this year, as I think it may be a nice 3-5 year bet, should I try to use some form of tech analysis to pick the exact month,week, day and hour(?) to enter as an investor, so that I maximise potential gains and get in on some sort of momentum push or at a theoretical value price???
 
Daithi7 said:
Thanks for that Qwerty,

I have Shipmans book and am currently reading it, and have read the full discussion here which is excellent in fairness.

A few points strike me though:

1. Define your (one's) role: Are you an investor or a trader?

2. Look at other's role and pick out models in your mode i.e. investor models rather than trader models

3. Observe best practice, take a view, from this spot sectors and areas you'd like to invest in, maybe do tech analysis to pick entry (still not sure about this) and hang on until you have realised your view or otherwise (and pick exit based on tech analysis?? -maybe not sure on this either)

For instance, I am an investor not a speculator or trader. While I realise all investors are really just long speculators there are significant differences- one invests based on some fundamentals (or at least a view thereof) while the other is really just playing pure sentiment, which to be honest I don't understand, and even if I did, I would be 24hours out of date as I read newspapers that report on yesterday not today!!

So as an investor right now, say I like Eastern Europe, say I like wind energy, say I like China (but I don't understand enough about markets there) and say I'm begining to like US consumer based companies (e.g. food, etc). So I want to take long positions in some of these and hang on till I think my outlook for these areas has been someway realised.

So what does this have to do with Shipman and Buffet??

It strikes me that Shipman is a speculating trader (via spreadbetting), while Buffet is an investor. So for me, I'm gonna follow people like Buffets way (excuse the pun), and just read Shipman to get another type of animals view of the market, and to try to understand some of the other forces at play in the market I am using as my investment vehicle. Am I right or am I really right- what do you think??

And hence, my real question is, even as an investor should you use some form of technical analysis to time when exactly you get into a market and when out?? e.g. If I want to buy a US Food Company ETF this year, as I think it may be a nice 3-5 year bet, should I try to use some form of tech analysis to pick the exact month,week, day and hour(?) to enter as an investor, so that I maximise potential gains and get in on some sort of momentum push or at a theoretical value price???
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Well ya - I suppose a certain grey area is what is the difference between a trader and an investor.
Not sure if there is an exact textbook difference.
Investors would probably be around for the longer term though whereas traders can be in and out in only hours.

For the record, shipman does consider himself an investor.

However I am not so sure i would agree with him.

Shipman is big into identifying bubbles and riding those to make the quick buck.

I am not so sure that an investor would do that as a big part of tehir investing strategy? (Maybe i am wrong)
I would have assumed that investors would be buying soley on fundamentals (albeit with a little chart analysis to time their entries/exists)

One difference between buffett and shipman is that shipman relies far more heavily on charts.
Because he uses long term charts he then defines it as investing.

What I will say is that regardless of what school of thought you come from, a lot of 'investors' do use charts to time their entry.

i.e. they trade with the trend as opposed to against it.
Personally i would not reallly call this technical analysis.

For me i think technical analysis referes to using charts to trying to predict the fuuture (fiobanacci,turning points etc.)- as opposed to using charts to trade with the trend.
(I suppose you could argue that trading with the trend is also predictive. Not to the same degree though)
 
For those using charts, what charting sites would you use for or have you seen recommended and is there any particular reason why those charts are better than others?
 
how can shipiman regard himself as an investor when he predominantly trades on stock index futures??? what does he invest in
 
For the last few years he has invested exclusively in indices and commodities.

Personally I would consider him more of a longterm trader.
 
I saw him on the late late 2 years ago and he was a spark of light , a very unusual guest for this show, he said house prices in britain and ireland would crash and he had cashed out of that market in 2004, this was a shock then to the late late audience, he said the next big thing was commodities and it would last many years and this was where he was putting his money, so he has identified the long term trend, in other words he is not following any trend but only the one he thinks is a really long term one
 
Hello,
I have read both Mark's Books and like the idea of long term investing.
As he says, luck rewards the prepared
Therefore, I am currently conducting my own due dilligence about where I can actually invest in an ETF when (hopefully, if), the next crossover happens in the markets.
What stockbrokers provide ETF's to track the following indices?
FTSE100, DOW, NIKKEI, S&P500, CAC 40, DAX, HANG SENG?

The
 
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