In the video Justine shares the same sentiments a lot of you are probably having about the market and how frustrating the Aussie markets continue to be. The ASX makes new highs and all is going well, then wham bam, it collapses. And with it takes out some of her long trades. she could not help but think, “Ah, what is going on? Now I am short again.” But that is just the way it is. It is the nature of this market and losses are part of the game of trading. The goal is to make sure those losses are small in size compared to the winners. Sometimes it can take patience to wait for those bigger winners to come around.

In the video, Justine showcases how it will be very interesting to see what will unfold in the Aussie market for the next month and how the US markets have made higher moves, but time will tell if they are now going to take a breather or not.

Nobody can predict what is going to happen in the market. Justine just trade her system, take the best signals offered on the day and follow her trading plan and money management rules.

Justine also updated you on her two trades from last month and it was good for you to see the results of a winning and a losing trade. Losses are all part of the game of trading, the goal is to keep the size of the loss to a minimum.

Justine is back home after a great trip to Melbourne. She had the pleasure of being asked to speak at both the Australian Tecnical Analysis Association (ATAA) and MetaStock Conference.

Her first speaking engagement was on Friday evening with the ATAA.  Before the event she had a few hours available and had an opportunity to catch up with trader and entrepreneur David Jenyn’s.  David and Justine work together each year to put together an Online Trading Mastermind program for his clients. Justine finds it always great to chat trading with other major players in the industry.

Then it was off to a special meeting that the ATAA put on so she could speak to their members. The ATAA is a not-for-profit membership association for technical analysists and they offer monthly meetings in most major cities. Justine had a great time catching up, meeting the members and talking charts.

Afterwards a small group of them went out to dinner to talk more trading. You can find out more about this association from this web link: http://www.ataa.com.au/

Then the next day it was on to the MetaStock 2012 Conference. It was a great event that Justine was to be involved with.  She first purchased MetaStock for over 12 years and it is the program she uses to make all her trading decisions. So Justine was just so thrilled to be in a room full of MetaStock users to share trading strategies.  She also got to meet the US MetaStock experts Kelly Clement and Scott Brown along with Aussie experts Jim Berg and Alan Hull.

Justine also had the chance to catch up with some of her Melbourne Mastermind clients at both these events including Dave Moran and Lisa Steel.

While the Aussie market has been the most frustrating this past month, the US market has been having a phenomenal run which you can see in the charts in Justine’s video above.

In the video, Justine showcases the trades she has exited before she left for her trip to the US. As part of her trading rules, she closes down her daily system trades when she goes away for a few weeks at a time and cannot monitor the market on a regular basis. She also shared two fresh new trades she opened now that she’s back home and will continue to keep you up to date on their progress in the next newsletter.

She also shares some nostalgic moments from her US trip. One particular moment that hit home for her was her visit to the World Trade Centre Memorial Site. It all just came back to her the day of 9/11 and after being at the memorial site trying to fathom what it would have been like to be there on that day would have been beyond comprehension. 2001 was her first year of full-time trading and she was over exposed in the market undertaking strategies that she would not even consider doing now.

The market is an interesting universe all of its own and throughout time it has fallen and risen and made millionaires and paupers out of people through the years. In the markets anything can happen and you need to be prepared. Justine’s experience trading through 9/11 set her up with a plan that she bought into play during the market drop in 2008 which was the start of the global financial crisis.

It is a tough gig when you are first starting out in trading and there is an emotional intensity you have to go through when you put your money into the market and once you can master this and have a solid trading plan to follow anything can then be possible. The key all lies in having a strong money and risk management strategy within your trading plan that you adhere and apply to in your trading.

The trip started off in Vail Colorado where Justine had a week of skiing the magnificent mountains of Vail and Beaver Creek and meeting real estate agents in the area to get the feel for the local property market. Then they headed off to New York City where the action never stops and got a feel for the state and its property market.

Justine also visited all the key stock market sites—from Times Square to Wall Street and then on to the World Trade Centre Site, which is an iconic site and a turning point in her trading career.

Justine can’t help but remember where she was on the day of 9/11 and after being at the memorial site trying to fathom what it would have been like to be there on that day would have been beyond comprehension. It was her first year of trading then and she was over exposed in the market undertaking strategies that she would not even consider doing now.

The day that it occurred she felt numb and the hardest part was trying to close out options trades and naked put options she had opened, with a market that was not trading. The market makers would not allow her to close her trades until the end of that day and she had to get her broker at the time to work the price until she could get out.

She followed her trading rules which was to exit when trades drop at or below her stop. She lost all her profits for the year plus some. She also nearly quit trading and did not trade for three weeks. But it opened her eyes to the fact that she had no portfolio heat (total open market risk) set and was way overexposed.

After reviewing all her trading, everything changed for her from that day on and she moved away from the options market and into shares and CFDs which became available in 2002. She developed her medium term daily trading system with a very strong money management strategy so that she was never going to be put in the position she was in during 9/11. And she has never looked back ever since.

From New York Justine flew to Ohio and met up with her property team that were put together by Trish Davies, who she has been working with back here in Australia to buy properties over there. If you want to know more download Trish’s free report on buy property in the USA.

The property team was fantastic and offered an even better service than those in Australia. She visited all the properties she has purchased to date in this area and others that she may continue to buy.

Justine has built up a portfolio of properties in this State ranging in price from $30,000 to $40,000 that are achieving gross returns of over 20% per annum – netting on average 12% pa.

Here are two examples of properties she has bought in this state.

From Ohio Justine flew to Florida with her property agent, who has sourced properties for her in both Ohio and Florida. She met the property team in Florida and visited out the properties they own in this area which she purchased for $65,000 to $70,000. These homes are brand new beachwood homes built in early 2000 and grossing 14% gross per annum and netting 8-9%.These properties were previously worth over $200,000 back in 2005 and are now available for sale for less than their build costs.

Warren Buffet is recommending to buy US property now and you can watch what he had to say from this video. And just like Justine who has already had some strong growth in these properties which are now worth $85,000 to $90,000, you, too, can invest in the US with the help of someone like Trish Davies.

Now, Justine is back home and finally had solid night sleep to get over the jet lag and time zone difference and back into the swing of things.