In
order to speak the same language and facilitate the learning
and training process we believe HIPG affiliates should use
the same tools, and have them configured basically the same
way. In an effort to accomplish this the following training
guide will describe the basic setup and configuration that
should be used in conducting your basic public acquisitions
operation. As the user becomes more experienced these
operations can be modified to fit your particular
purpose.
Organization &
Administration
STRIVE TO BE AS HIGHLY ORGANIZED AND STRUCTURED
AS POSSIBLE IN YOUR INVESTMENT & TRADING ACTIVITIES.
Always have your trading account number(s) handy and
readily accessible and the phone numbers and Internet
passwords handy and accessible. You will be surprised how
many times you may miss a trade because of poor
organization and administration in your business
operations. Remember to always follow the rules used in
the HIPS system. Remember that being successful requires
understanding and following the specific rules developed
for the system. Resist the temptation of mixing and other
rules developed for other investment systems with the
HIPS system as you may become confused and make mistakes
which will cause you the loss of lots of money. Being
organized and business like requires that you understand
you cannot mix apples and oranges and that you must
follow aparticular structured system in your investment
activities.
It is usual and customary that new investors do a lot
of reading and investigation into various rules and
techniques from many sources. While this good to acquire
and broaden your knowledge base, be careful to understand
that many rules and techniques while excellent within a
particular system, may not work within HIPS. So be
careful and organized and if possible study the HIPS
materials closely and throughly first get familiar with
HIPS tools nd techniques first before starting to
implement other techniques you may come across elsewhere.
Later when you become fully familiar with HIPS you will
be better able to experiment and incorporate other tools
and techniques into your particular HIPS regimen.
Computer
Setup
You will need an adequate computer. This is
perhaps the most basic and important investment tool you
will need. ALTHOUGH POSSIBLE, DO NOT ATTEMPT SELF
DIRECTED & CONTROLLED STOCK INVESTMENTS WITHOUT AN
ADEQUATE COMPUTER. YOU WILL NOT BE COMPETITIVE IN THE
MODERN MARKETPLACE WITHOUT A COMPUTER. The faster your
computer and the larger its memory capacities the better.
However any basic computer less than three years old
should suffice. As your business grows you may want to
have more than one computer, which will facilitate having
more than one screen available at the same time.
Sometimes this capability comes in quite handy. More than
one computer also helps if one develops problems as they
all do from time to time.
If possible a high bandwidth ADSL phone
connection, cable or satellite connection or other high
bandwidth connection to the Internet should be pursued.
These provide the fastest service available. Otherwise
your regular telephone connection will work just fine.
ADSL phone connections however provide always on Internet
service with instantaneous transmission. In addition it
allows both the computer Internet operation to be
conducted while fax and telephone calls are being made.
In effect it provides the capability of two lines in one
for approximately the same price as your regular line
plus your Internet service fee.
During research and trading activity your computer should
be set up with the main H.I.P.S. Focus page, the H.I.P.S.
Research Report page, The Research Tools page, Stock
Tracking, and Trading programs open all at once. If you
use the Hannaian WebLine during trading hours you
will be able to access all of these services and more
through the Hannaian Quick Trader system which is
a part of WebLine.
Trading Account
Setup
You will need one or more online trading
accounts. Please review the Training Guide "Broker Notes
& Comparisons" to see the reccomendations on picking
and using an online broker. You should begin to set this
up as soon as possible since it may take some time based
on your circumstances and the type and amount of accounts
you need to setup. A simple trading account may be all
you need to get up and started, however you should
consult a Financial planning expert to help you determine
how such accounts, their structure and type, will fit
into your overall financial & estate plan.
Personal
Communications & Support
....The Hannaian
Retreats & WebLine
Personal support and communications with fellow
investors and traders who speak the same investment
language and who understand and follow the same
investment system is extremely important to your
investment success in the highly competitive modern
investment market.
A most important tool needed for effective investments
is access to, and use of personal training and support
systems in your investment activity. This is a major
element in the HIPS Investment system. Twice each year
there are Hannaian Educational Retreats which provide in
depth personal training and opportunities for meeting and
getting to know other investors who use the same system,
and who know and speak the same investment language.
Participation in these Retreats are important for many
reasons. You should be prepared and setup to attend as
many of these Retreats as possible, and to be as
interactive as possible during your attendance.
Information on the schedule of these Retreats and other
Hannaian meetings are always available on the
website.
The Hannaian
WebLine, an online
communications tool specifically designed for Hannaian
Affiliates to communicate freely in real time over the
Internet, is available for your use. This Communications
tool is an extremely important tool and is available
during the trading hours of the day and at other times to
provide a conferencing system for important exchange of
real time information among Hannaian Affiliates. The
WebLine has become the major tool used in the system for
communications. It is important that you install the
software needed to access WebLine as soon as you can. The
complete process of installing and operating WebLine can
be accessed through the Training Guide "Using the
Hannaian WebLine". Those who are not able to participate
in the regular daily trading sessions on WebLine can
access the verbatim transcripts each night through the
training guide item
"WebLine
Archives".
The
Hannaian Quick
Trader is a trading
support center which is built into WebLine and is
designed to put important websites and other tools right
at the users fingertips during trading sessions. This is
an important tool to master and use for quick effective
trading.
There are also other personal communication tools
including various Noitce and Bulletin Boards,
Newsletters, News services, and E-mail services within
the Hannaian System which faciliate interpersonal
communications.
Hannaian Research
Tools
The main tool for research should be the various
H.I.P.S. research reports. These reports should always be
on your screen. The H.I.P.S. report screen has been
specifically designed to be your main research page. It
allows direct viewing of the ratings for each issue and
three links to some of the best research sources on the
Internet. As you click into the three research links a
new window opens leaving the HIPS screen always in the
background and available for immediate access.
The H.I.P.S. focus page with the how to use glossary, and
the sector updates needs to be open and in the background
available for quick consultation of the rating criteria
and the hot sector updates.
The stock research tools page needs to be open and
in the background for quick access to all of the major
research sites and information on the Internet and the
Hannaian websites.
If you use the Hannaian WebLine during trading
hours you will be able to access all of these services
and more through the Hannaian Quick Trader system
which is a part of WebLine.
Download or copy the blank HIPS Research log sheet from
the HIPG Business Support Materials link on the General
Resources menu. This form mirrors the H.I.P.S. report
format and will be extremely useful in organizing your
research activity when researching and rating stocks,
particularly when you are looking at many stocks over a
period of time. It may also be helpful to keep in front
of you the "Points of Alert Checklist" at the bottom of
the Stock Research Strategies training guide. This will
allow you to constantly remember the criteria you are
searching for in identifying potential stock purchases.
Stock Tracking
Software
You will need Stock Tracking Software, at this
time we recommend using Medved Quote Tracker as
your main stock tracking software. This can be downloaded
directly from the link on the Stock Research Tools Page
under the section called Stock Tracking Software. Among
many other things the software does, it allows tracking
of numerous stocks in multiple portfolios, with multiple
criteria. It is highly customizable and can track stocks
in many different ways. The program is totally free.
Once downloaded it needs to be configured. The power of
this program is that it is highly configurable. First you
should set up one or more portfolios, name them, and load
in the stocks you want to follow. If you load in a
preliminary amount of stock like 100 units and the
starting price, the program will automatically track all
changes and give you instantaneous gains and percentage
gains for the day and overall. This is very helpful in
determining buy, hold, & sell actions.
Next you must decide which sources of quote information
to use. Generally it is a good idea to start with
PCQuotes Free, or Yahoo Quotes Free. These provide
delayed (15 to 20 mins.) quote information but are very
fast. However you will need to have access to real time
information for better online trading. You can go to
several sources for this.
We recommend using the Scottrade Real Time Streaming
Service. This is a free service and works well with
MedVed as does other services like Datek Streaming,
however Datek streaming requires you to open a trading
account with Datek.The Scottrade streamer simply requires
registration, which can be done quickly and easily
online. Streaming Data is the latest method in
providing realtime data and should be utilized whenever
possible.
You may also use a Static Data supply service
called FreeRealTime although it is not as efficient as a
streaming data source. This source provides even faster
service than most other static real time quotes offered
by the online brokers you may use for trading. You can
register for this right through the Medved program.
Distinguish between this and one called
FreeReal-TimeQuotes, they look the same but are
different, the first is a better service.
When using "FreeRealTime" the
charts included in MedVed are updated in real-time and
can be used in full screen view to easily track the
minute by minute movements. The FreeRealTime source file
must be manually downloaded, unzipped, and put into the
folder on you computer which contains the Quotetracker
files. The file can be downloaded from:
http://www.quotetracker.com
MedVed has warned that using
FreeRealTime with Quote tracker will sometimes cause your
FreeRealTime service to be terminated, so use it only
during critical times. For noncritical situations use
some other real time or delayed quote source like PCQuote
or Yahoo Delayed.
Following the price movement on the charts in real
time is invaluable because the moving visual graphic of
the spike formation provides a view of the action which
the numerical quotes cannot provide. Understanding the
charts and closely analyzing them is an essential aspect
of handling the spike. A good analysis of charting can be
found on the BigChart.com website and in the excellent
help section of the Internet Trader Stock Tracking
program which can be downloaded from the link on the
Hannaian Stock Research Tools Page.
Next configure which news service you want to use. yahoo
or Bloomberg are good ones. One of the benefits of using
the yahoo service is that it gives you an additional port
into other excellent yahoo services directly through the
MedVed program. This is helpful for quick research
access.
Click on the daily value column to sort the issues so
that the ones that have the highest gains are listed from
top down. When trying to see total gain sort the same way
by the Total Gain column. This allows easier following of
the percentage gains when a large number of issues are
being followed.
Configure the program to show figures in decimals rather
than fractions, it will be easier to track changes and
gains.
When closely following stocks you want to buy or sell
quickly put them in a special portfolio with only a small
number of stocks and use the freerealtime quotes or other
real time quote source. This allows very quick updates
and following which is not so readily accomplished if you
are tracking a lot of stocks in the portfolio which slows
down the process.
Free Internet, Long
Distance Telephone, E-mail, Website Services.
There are several excellent free Internet
services around and the number is growing. You can save
time and money by utilizing such services. You should be
registered with several of them in case there is a
slowdown or other trouble getting through or on the
Internet with one or the other of them at a critical
trading time.
An important tool in your business arsenal is long
distance telephone service. We recommend using
DialPad.com a free Internet based long distance telephone
service. The service is completely free with the United
States and works quite well. You will need long distance
phone service in you research and consultations with
other HBN affiliates. visit http://www.dialpad.com
to register and get free long distance calls right
away.
You should have one of the free e-mail addresses.
Hotmail.com, Yahoo.com and Juno.com provide some of the
best ones. You may want to establish several of these and
use them for different purposes. These free E-mail
accounts are important becuase they do nort chanage as
you change Internet service providers so that you can
keep the same e-mail address forever despite which
Unternet service you use. Thes accounts are also
important because they allow you to pick up your email
wherever you are from any computer without having to
reconfigure the computer or e-mail proram for a
particular account.
If you do not have a website you should establish one
having a wevsite even just a basic one is very important
and will become more important with time. There are many
companies that offer free websites. It may even be
beneficial to have several of these free websites.
generally they set it up for you automaticaly step by
step and you can have them established in minutes. Visit
our Publisher General Resource Guide to help you locate
these free sites.
After you have read through and
studied some of the initial Hannaian material, you should
contact your Hannaian Sponsor to help guide you through
some of the setup and operational systems. You can find
contact information for your sponsor on your Personal
Notice Board accessed by using your I.A.N. password in
the members only section of the Hannaian
Website.
For Further details of the Hannaian
Business network and its associated business opportunities
visit the Business Opportunities Section of the Hannaian
Publishing Website at
http://www.hannaian.com/distribr.htm
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