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Frequently Asked Questions
1) What is it like to buy a download? Q: 1) What is it like to buy a download? A: If this is your first time ordering, paying for and downloading an Adobe PDF from my website, the process will probably not feel intuitive. Go slowly on your first order. Print out these instructions and use them as a reference. If you run into a problem, e-mail me: richardmue@yahoo.com. After your first order, once you get used to the process, things should go pretty fast. I rely on PayPal to process payments. This protects you. PayPal lets you pay with a credit card or a PayPal account (your choice). I never see your financial information. PayPal sees it (e-Bay owns PayPal). This is the process: On my website, after reading the description page of one of my items (for example, my Quick Introduction), if you want to order that item, then look along the right side of that page for the "Add To Cart" button. Click "Add To Cart". You will subsequently land on an "Order Confirmation" page. Along the bottom of the page you will see a "Pay Now" button. If your order looks OK, click "Pay Now". When you are done paying, you will be returned to my website. An "Order Confirmation" page will appear. You will see an order confirmation number. Make a note of it. You will also see a link titled "Download Product Files". Click "Download Product Files". A "Customer Sign In" page will appear. You will be asked to enter the e-mail address you used and the password you created when when you opened your account with my website (this helps protect you). Enter your e-mail address and password. Click "Sign In". A "Download List" page will appear. There, waiting for you, you will see the Adobe PDF file(s) you ordered toward the left (example: Intro 10th Edition.pdf). Click the file. A message box will appear asking if you want to "Open" or "Save" the file. Click "Save". SAVE THE FILE TO YOUR DESKTOP. Decide later where to move the file. (If PayPal does not return you to my website, then return to my website on your own. Go to my website's Service page and click "Download Product Files". When you see the "Customer Sign In" page, follow the instructions.) That is the process. You can also use my Service Page to view your Account History or retrieve a Lost Password. If you're still having trouble, e-mail me: richardmue@yahoo.com. ----------------------------------------------------------------------------------- Q: 2) Why $2.95 per day? A: $2.95 needs to be judged in context. How much commission are you paying right now to buy and sell a 1,000 shares? How much commission are you paying on a single round-turn futures contract? How many shares and/or contracts do you trade on average? $2.95 is a minor added expense in a day trading context. The relative value of my diary entries reflects your ability to learn from them. If they stop you from making expensive mistakes, $2.95 is a minor added expense. If they help you make profitable trades, $2.95 is still a minor expense. If they do neither, and I were you, I would walk away. I would not pay $2.95 or any other price. So why $2.95? It feels right. There should be enough income, assuming enough readers, to meet my expenses and enough left over to make the site a business. Would I pay $2.95? Yes. If I began subscribing, I would continue as long as the entries made me a better trader. ----------------------------------------------------------------------------------- Q: 3) Why linear regression analysis? A: Nothing else was working for me. At first, linear regression analysis was like everything else I had tried, but there was something about it that appealed to me. I still faced a steep learning curve, but the appeal only grew. ----------------------------------------------------------------------------------- Q: 4) I did not hear about linear regression analysis in a trading context until I came across your work and saw your charts for the first time? Why aren't more traders using this analysis? A: Go to your local library or a bookstore and see if they have "TECHNICAL ANALYSIS FOR DUMMIES" by Barbara Rockefeller. She takes on the spectrum of technical analysis, including linear regression analysis. She does an excellent job of presenting channel analysis and linear regression analysis...strengths and weaknesses. See Chapters 10 and 11. I was already deep into my study of linear regression analysis when I came across Barbara's book. I went bookstore-hunting to see what others were saying about linear regression analysis. I came up empty until I found her book on a table at a Barnes & Noble in Manhattan. I flipped some pages...and there it was: Chapters 10 and 11. I was excited to see her point out what was good and bad about this form of analysis in a trading context. I believe I have fixed the weaknesses she points out, but those same concerns go toward explaining why linear regression analysis is not a common tool. On the other hand, while the public media does not talk about linear regression analysis, I have to believe that someone knows full well about this form of analysis. Look at one of my daily trading diary entries. See for yourself that linear regression channels work. Could the lines work this well if "no one" is following them? The accuracy of the lines tells me that deep-pocket traders are quietly following this stuff routinely. They are just not telling the rest of us. ----------------------------------------------------------------------------------- Q: 5) My current online charting service does not provide linear regression analysis and I do not want to switch providers. What can I do? A: Use my daily trading diary entries as a stand-alone. You will not be able to see what I see during the trading day, but the entries can still offer value in fleshing out/complementing how you otherwise look at the markets. |
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