I’m Douglas Chadwick, the creator and founder of Saltydog Investor. Thank you very much for subscribing. Trend investing – also known as ‘trend following’ or ‘momentum investing’ – is a proven method of making money in the stock market, going back over one hundred years.
One of its most famous adherents was Jesse Livermore, an investor and ‘speculator’ (as traders were then known) on the US markets at the end of the nineteenth and beginning of the twentieth century. I refer to some of Livermore’s nuggets of wisdom in this guide, and there’s a quotation from him on the cover.†
With Saltydog Investor, I’ve taken the timeless principles of trend investing and applied them in my own way, using the data and investment technology available to us in the twenty-first century. And very successful it has been too.
I know the Saltydog system works. It’s made me mountains more money than my IFA and pension company ever did when they managed my investments. And I know it’s helped a lot of other people improve upon their investing in a way they never imagined possible.
I’m confident that Saltydog will help you make more money too.
For many investors, coming to Saltydog is a completely new departure. If you have been a ‘passive’ investor up to now – simply buying funds or shares and holding on to them for the long term, through thick and thin – you might feel a little daunted by the thought of managing your money more actively. This is doubly true if you’ve always left your investments in the hands of someone else altogether, such as an IFA. It’s perfectly understandable to feel nervous about taking on that responsibility yourself. You might well be thinking: What if it all goes wrong?
Let me assure you – if you follow our basic guidelines, it won’t go wrong. The worst that could happen is that you lose a little money as you learn the ropes. But if you follow our rules you can’t possibly have a disaster. And I’m very confident that you’ll do well. If you feel uncertain, just follow one of our two demonstration portfolios to start with.
I have complete confidence in the Saltydog system, which I’ve used to invest my own money, very successfully, for the past fifteen years. If you’re an averagely calm, intelligent person, with a bit of confidence and self-discipline, and you enjoy learning new skills, you’ll be fine. More than that, you’ll probably enjoy it!
Take it easy, take time to read the instructions, read our weekly emails, become familiar with the system and the data, and then start gently with just a small proportion of your money. You can gradually increase the amount you’re investing as you gain more experience and confidence, in both the system and in yourself.
There’s a lot of helpful material to get you on board. You have this in-depth Members’ Guide. On our website there are a number of explanatory videos, along with the crucial Saltydog data, which is updated weekly. And there are two demonstration portfolios that you can follow.
Every Wednesday my colleague and Managing Director of Saltydog, Richard Webb, will send you two email updates, explaining the movements in the markets, and telling you which changes we’re making to the demonstration portfolios. And every month Richard will also send you our monthly newsletter. So there’s a lot of guidance for you.
In addition, if you do get stuck with anything or have a question, please do get in contact with us. We’ll be pleased to hear from you, and only too happy to help. Richard is on hand to answer all your queries.
I’m sure you’re keen to get stuck in. So without further ado - and using appropriately nautical terminology - let’s get under way. I’ll hand over to Richard to explain how the Saltydog system works, and how to use it to make money… and protect it.
Warm regards, and the very best of luck with your investments.
Founder and Chairman, Saltydog Investor
† Livermore’s fascinating life story can be found in a marvellous book, “Reminiscences of a Stock Operator” by Edwin Lefevre. I thoroughly recommend it.