Setting Up & Using Your Operating Tools For Self Directed & Controlled Stock Investments ....Tips & Tricks
....Last updated 01/22/2000, 02/08/2000, 04/27/2001

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.

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.

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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.