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FREQUENTLY ASKED QUESTIONS
Dohmen Capital Research
only provides impersonal advice to our subscribers. The firm does not manage
money, or provide personalized investment advice based on a person’s own,
individual circumstances.
Q: What type
of investor is Bert Dohmen’s SMARTE TRADER designed for?
A:
The SMARTE TRADER is
for any investor who wants to commit a portion of his investment capital to
short-term oriented trading.
Q: Does the
SMARTE TRADER investor have to be very experienced?
A:
The trader should have
experience in the investment market with stocks, bonds, ETFs, and other
investments. Of course, he must have a brokerage account. The
SMARTE TRADER
recommendations are very specific and detailed. The subscriber is not kept
guessing on what to do. But he should never feel compelled to implement all the
recommendations, and should always check them out himself.
Q: When and
how many e-mail messages should I receive per week?
A:
The
SMARTE TRADER
is not a daily service, it is
market driven . We are averaging about 2 to 4 messages per week. Our rule is
that when the Dow Jones Industrials index has a change of 80 points or more in a
day, a new issue is released. However, issues are also produced when there is a
smaller change but there is some important news or development.
Q: How many
recommendations are given in the SMARTE TRADER?
A:
The
SMARTE TRADER will have an
average of 8 to 15 recommendations at any given time.
Q: What
markets does the SMARTE TRADER give recommendations on?
A:
The
SMARTE TRADER gives
recommendations on stocks and the short selling of stocks. WE DO NOT TRADE
FUTURES, COMMODITIES or FOREX.
Q: Do you
have to trade them all?
A:
You don’t have to trade all
recommendations. Many subscribers will not implement all them all.
Q: If I’m
implement a specific recommendation, will I be advised when to sell?
A:
That’s one of the many
benefits of the SMARTE TRADER:
you’ll always know where you stand. When it’s time to take profits, or to exit,
you’ll be advised. For risk control, you will use recommended protective stops
(whenever we give
them) on your
positions. Therefore, the maximum downside risk will always be protected. The
goal of the SMARTE TRADER
is never to lose a significant portion of your trading capital
on any one trade. Risk reduction is a most essential ingredient for every
successful trader.
Q: What kind
of track record does the SMARTE TRADER have?
A:
Subscribers to SMARTE
TRADER tell us "it’s the best." Please read the actual, unsolicited
testimonials from subscribers on this website. Smarte Trader can make money
whether markets go up or down. During the global crisis of 2008, subscribers had
the chance to make huge profits by selling short. A bear market and crisis is
the true test of an investment professional. There are very few who passed that
test. Bert Dohmen is one of them.
Q: How much
money should I have available for the SMARTE TRADER?
A:
Depending on your experience,
you use no more than 20-30% of your total investment capital for shorter-term
trading. The minimum dollar amount used is of course the decision of each
subscriber. The answer depends on the individual and his risk tolerance. We do
not give any specific minimum amount for our service. However, the cost of the
service should be a reasonable percentage of the amount of money being traded.
Many professional traders suggest that a person should not start any type of
trading with less than $10,000 or $20,000. Several decades ago, Mr. Dohmen
started with less than $1,000 and became very successful. However, that may be
the exception.
Q: What is
the subscription price for the Smarte Trader service?
A:
The Smarte Trader is a
monthly subscription automatically charged to your account every 4 weeks. The
rate for a 4-week autocharge subscription is $399. To investors subscribing to
some monthly newsletters, that may seem high. However, remember that the
expertise required to produce a service like SMARTE TRADER is much greater. Just
one good trade can make you many times the monthly fee. And that is the true
value.
Q: What is
an Automatic charge?
A:
"Autocharge" means, your
credit card will be charged automatically at the end of every 4 weeks cycle
without renewal notices. This method of payment is excellent because your
subscription will never be interrupted. If at anytime you want to cancel, you
merely log in, go to MY ACCOUNT and cancel your autocharge at any time. You can
also write us an e-mail when you wish to stop the charges and your subscription
will be canceled at the end of the current term.
Q: Can we
pay for the subscription by check?
A:
Subscriptions can only be
paid by credit card. We have recently converted to an automatic system, which
lowers our cost, and allows us to maintain our low subscription rates. We accept
Visa, Master Charge, or American Express.
Q: Does the
SMARTE TRADER cover foreign markets as well as US markets?
A:
Yes, some of the stocks may
be those of foreign companies, but they must be traded on US exchanges. We cover
the globe.
Q: When can
I expect the new issue? Are updates posted during the trading day?
A:
The
SMARTE TRADER e-mails
notifications that a new issue has been posted are sent out always in the
evening . After receiving them, you simply log into the website and retrieve the
new issue. You can them make your trading plan for the next day. There are no
updates sent during the trading day. This is not a service for daytraders who go
for nickels and dimes.
Q: What
brokerage firm must I use to trade the recommendations? Can you recommend some
brokers?
A:
We do not recommend any
specific brokerage firm. However, we don’t want you to use a so-called "full
commission" firm, because the commissions are too high for trading. A good,
on-line discount broker is the way to go.
Q: How much
time should I give for the Smarte Trader to prove its worth?
A: You should give
any trading service at least 60 days. In effect, you are giving yourself 60 days
as well, because you first must get used to the way the service trades the
markets. The biggest obstacle to successful trading is usually psychological.
You can take 10 traders using the same service, but you will probably get 10
different results, and some may have losses while others have profits. The guy
in the mirror is often the biggest problem. But with experience, you can learn
to ignore that guy.
Q: Is
trading the best way to make money?
A.
There is no “best” way. Some
people do best with short term trading and very poorly trying to be long term
investors, and vice versa. Others feel more comfortable using both approaches.
But if you do that, you should use two separate brokerage accounts. In today’s
environment, we feel that short term trading is far superior than trying the
long-term “buy and hold” approach. In fact, the latter can lead to ruin.
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