Aaannnddd…. welcome to the Lifestyle Trading 101 Podcast. We are  approaching the end of July and have recently been on fire with our trade calls. This doesn’t always happen but we’ve been many many weeks of calling the markets correctly and trading it profitably.
Overview
This past month or two has been incredible and everything from the Brexit crisis or crash, stock market crash, which we’ve predicted ahead of time saying that it could be a buying opportunity. And then, indeed, the market went straight up since then for 2-3 weeks in a row.

Over July 4 weekend, the metals exploded to the upside and, since then, for 3 weeks it basically just trended down until we had this Fed day today, as really the best buying opportunity. And we do think there’s more upside to gold and silver. Long-term, we think it’s very good.

Fed Day: Wednesday July 26, 2016 (Photo by Mark Wilson/Getty Images)
Brexit aftermath end of July into July 4 wkend and some more.
Guest Introduction: Peter

Silver Surfer: Today we have a special guest, actually my brother Peter, whose account I’ve actually been trading since the beginning of this year – January 2016. It’s currently end of July going into August and we’ve had some incredible returns. Of course I’ve got to mention the downsides. There were times when we were down quite a bit.

Like many of you, Peter has been following the blog, listening to the podcast, really from an outsider perspective. Not completely understanding exactly what i’m doing. But curious. And so I thought it’d be interesting to get his perspective on perhaps he can ask some of the questions that some of you may have and that can help all of our listeners to better understand what it is that we’re doing here at LifestyleTrading101. And what you can do to make money, $1k every week, which is the goal of our site.

Peter: Yeah, so this is Peter here. I’m SilverSurfer’s brother, followed his investment blog and trades from the very beginning. There is just one thing I want to bring up first before I continue further. And that’s related to what I’m allowed to say and versus what I’m allowed to say.
Legal Disclaimer:

Due to regulations related to the Investment Advisers Act of 1940 – I’m not allowed to talk about my client experience being positive because testimionials/endorsements by definition are selective — usually filtering out the negatives and showing only the positives to the public. Further, my experience is not necessarily indicative that future experience will be similar — that past success would mean future succes s. That’s just not necessarily the case in trading and regulators don’t want want investment advisers to suggest this in any way.
It’s unfortunate because as a small investment fund, there’s no way we can effectively encourage others to check us out if we don’t point to the successes. But on the regulation side — I can understand why the regulators want to protect investors — nothing in trading is a guaranteed success. Failures inevitably come.
As such, there’s a lot I can’t say today. But here’s what I think I can say today:
1) I can talk about my background as a more in-depth introduction
2) I can discuss / ask questions about the investment strategy
3) I can talk about transformation of this success into an investment fund – that once created will be regulated by the Investment Advisers Act of 1940.
That’s about it. I have to avoid my personal client experience so that’s what I’ll do here today.