Take control of your  investments in stocks and options. Trade with confidence and stop worrying about the bad economy or the so-called recession because there's a sure way how to...

Make Money from the Stock Market during the Recession ... No Matter How Bad the Economy Gets!

Stock market going down Do It In 15 Minutes a Day - Only With My System!

STOP watching your portfolio shrink, and START doing something about it!

Discover exactly how to a generate huge monthly income and make a killing from the Stock Market REGARDLESS of whether it goes up or down!

(Not a "trader"? This is really for ANYONE who has money in the stock market, or who wants to START making real money from the market...
even if you've never made a trade in your life.)

Click the video to view it:

(NOTE: The course contains FULL SIZE videos so you can see exactly what is happening.)
 

Dear future "elite" trader,

Someone is always going to lose money ...

It's just a part of how the game is played.

People these days are losing their jobs due to the sour economy. They are losing their 401k's. People are losing their stock portfolios and just generally getting spanked by Wall Street.  Millions of people are currently losing so much of their financial worth in these times of recession.

Someone is always going to lose money, but that "someone" DOESN'T have to be you! 

Unlike the "masses" you can avoid financial loss.

You can achieve success in your life, in these hard times.

This is a shared hope for most of us and this motivates me to convince you to give Stocks and Options Trading Pro System a try.

This System absolutely has the potential to drastically change your life for the better - in no time at all!

Inside this Course is 20 YEARS of Direct Trading Experience!

This program was NOT just conceived in the last few weeks and packaged as a product to sell.

This course is the result and culmination of 20 years of thinking, planning, learning and practicing the material that you'll receive.

Why this course is different from anything you may have seen before?

This course will show you a new way to trade stocks and options - as a business.

When risk management is emphasized you can build a portfolio of trades that can be managed "by the numbers". The skills of the craft you acquire can make you successful in the stocks and options trading business:

Generate $5,000 to $40,000 income with a lot less stress.

Turn a $14,000 trade into $75,000 profit in just 8 months.

Trade with confidence and get returns as high as 65% ROM.

Manage your stock trading business in just 15 minutes a day!

 

Most people think the markets are too risky
and their approach is "hit or miss",
pure speculation, or worse... GAMBLING!

Stock and options trading can be a real business for you. You can buy and sell them to make money.

All good businesses manage based on numbers and ratios. Using the Stocks and Options Trading Pro System you can manage your stocks and options trading by the numbers!

All businesses plan for profits and create opportunities for the largest return on investment (ROI) possible. Here you can create opportunities for the largest return on margin (ROM).

You can engage in buying and selling stocks and options to generate the highest return on  investment by simply managing your risks!

With the Stocks and Options Trading Pro System, you can know exactly what your maximum profits are going to be before you place a trade. You don't guess nor speculate - You will have your plan. Then simply manage the position and, if necessary, adjust positions to remain profitable or cut losses through smart risk management techniques. And the last thing you'll do is to collect profits at the end of the trading cycle (monthly)!

This is an "evergreen" business. Even as the
markets shift, and the economy changes...
This System will always work!

The stock market trading business will never change... the principles, once you learn them, are yours forever. You could learn these and hand them down to your children and grandchildren.

The basics of this business will never change because the underlying the principles will never change.

That's why it's called an 'evergreen' business.

Unlike franchises or other types of consumer or business-to-business markets, the stock and option markets have been around for hundreds of years. And even though the markets move and change in some ways, the principles have been the same for the past 200+ years.

Discover how to start your own stocks and options business.

Somebody, somewhere is making a killing in the stock markets. If you're determined to find them, you can  learn everything and make a killing of your own.

Run stock and options trading as a business, not as a gambler. This means looking at opportunities, supply and demand, marketplace dynamics and managing your business based on solid business fundamentals: profit, loss, expenses, overhead and return on investment.

Like any business the only concern is to buy something that you could sell at a profit - and with enough of a profit margin so that your expenses (although small) are covered;  leaving you with a consistent and reliable income month after month.

The business of stocks and options trading has all of the advantages of a solid business endeavor.

Once you know the system, this business can be managed in 15 minutes a day.

It has all the makings of the 'perfect' business!

The problem with creating a business based on the markets is that it seems like they are consistently changing and there is a lot of risk!

As you know, the stock markets go up one day and down the next!

How is money being made in the stock market? Which way the stock market would turn?  Are you trying to "predict" the market's direction because you'd not lose this way? You'd think ... "if I could tell where the market was headed it would be easy to make money". You'd think being good at technical analysis is the key to profits.

What about waves and candle sticks, MACD, ADX, CCI, Bollinger Bands and Fibonacci and hundreds of chart 'patterns'?.. If you 'knew'  these things about the future of the market, you'd think that's it!

But frankly, technical indicators are like crutches - they only help to support and validate your trading ideas already formed in your mind. They do not help you become a better trader or see the reality of the market.

There are only 3 technical market indicators you need to run this business: support, resistance and trend lines. That's' it. Keep it simple. Simple makes us money.

The TOP 1% of all traders do the EXACT opposite of what beginners do when starting in stocks and options trading - by predicting the market... The fact is...

Top traders NEVER try to predict the market -
they only manage risk.

Most of the elite traders don't care if the stock market goes up or down - they make money either way. Also, they use charts sparingly.

All top traders do is manage their risk and take advantage of the only truths of the market - the ONLY absolute truths of the stock market.

For stocks that ONE Absolute Truth is this:

All stocks fluctuate in price.

For options there are two Absolute Truths:

All options fluctuate in price and

All options expire.

The top stock market traders learn to respect these rules because they are the ONLY truths of the market.

You might think there are other truths but there aren't--

Everything you hear about the market outside these 2 rules is hearsay, opinion, commentary and even complete fantasy.

Of course you will never hear anyone on CNBC even mention these 2 rules because they would have nothing to report!

Can you imagine Maria Bartiromo saying, "Prices fluctuated today. Have a nice evening everyone! I'm outta here!"

Obviously not!

So the top traders respect these market rules because they are so powerful and it helps them cut through the stock 'market noise'.

Then they design their trading business around these rules to TAKE ADVANTAGE of them.

Once they see an opportunity they jump on it and simply manage their business 'by the numbers' and, for me it takes 15 minutes - sometimes less - a day.

How much can you make? Frankly, it depends on your capital, ability to learn, and your ability to maintain your discipline in this business.

Don't be concerned about how much money you need in order to start your investment business. You can start with a small amount then learn this business. Just learn the skills and reinvest your profits - they will grow quickly.

Have you lost your CONFIDENCE?

If you've lost money in the market it can destroy your confidence. The Stocks and Options Trading Pro System will allow you to trade with 100% confidence. How? Again because instead of hoping to make a profit by guessing what to do, you'll have a plan.

However, there will never be a guarantee you will make money with the stocks and options business because it's up to you how you'll use the information given here.  Your success in your investment business depends on only one thing: The decisions YOU make.

The only way for you to make the right decisions is by having superior knowledge. Once you understand how to REALLY make money, you will trade with total confidence.

Also, I cannot give you official investment advice because I am not an investment adviser registered with the SEC and I am not a CFP (certified financial planner), so if you watch the videos and you see me trading a certain ETF or stock please do not interpret it as a recommendation.

I can show you exactly what I do, and how I do it. I'll teach you virtually everything I know about this business; but the actual decisions you make with your money is up to only one person: YOU.

I can tell you with a high degree of certainty though -

There is no one who will tell you what I will share with you. No one.

You could pay $5,000 or more to attend the top trading seminars, and you still won't learn!

A 'high level', 'super advanced' training could be put up by a former veteran floor trader and market maker in options on the CBOE at a steep price topping $5,000!

A seminar costing $3,000 just two years ago could give you only tip such as how to tell if a stock is in a "channel"... No kidding, that was it! 3,000 dollars!

What I'm going to teach you will blow away anything that you've learned in most places. I'm not kidding. In fact, I'd say, in truth, they were almost a waste of my money.

I say 'almost' because they did help a little but they lacked practical application of the knowledge they presented - it was mostly theory that left the attendee no better off, in practical terms, than they were when they started.

As for the Stock and Options Trading Pro System however; this course is the real deal...

It really works and very few people (even professionals) teach anyone how to do this. I know this for a fact because I've talked to some of the pros, and either they don't know this system, or else they are not willing to admit it.

But there are a few guys who really know this stuff inside and out (one guy is sort of teaching this and the others are not teaching it at all). I found them and picked their brain over and over until I figured it out and came up with a system based on what they told me.

Most of them didn't even know how to explain what they do-- it's like instinct to them and they couldn't express what they did in a step-by-step coherent way, so I really had pull it out of them.

Then I put together what I learned, and came up with a complete trading business system that anyone can follow.

I'll just say that I think it will surprise you how profitable and easy it is to run your trading business - and just 15 minutes a day is all you need.

On the other hand, if you want to make this a full-time business - you can! There are plenty of opportunities to make even more money if you have more time to devote to the stock market trading business.

So let's see if you're the right kind of person to take this course:

Have you been in the stock market as an investor and been disappointed with the results?

Do you stay away from the options markets because you think they are too risky?

Are you confused by technical and fundamental analysis?

Would you like to stop GUESSING which direction the stock markets are going, and take the professional approach to stocks and options trading as a business?

Does the idea of managing your trading business 'by the numbers' make sense to you?

Does the idea of trading stocks and options as a real business sound good to you?

If you answered 'YES' to any ONE or more of the questions above, then you would be a good candidate for this training.

Here's what you'll be getting in the course...

There are a total of 41 videos within the course. The videos are grouped into several "Modules", with each Module containing 'hands-on' videos walking you through the topics covered.

Videos are ideal because you can SEE exactly what to do as you learn, and you can watch them over and over again (if necessary) to review and build your understanding.

You can download these videos instantly and directly on your computer. A username and password will be given to you to access them anytime of the day or night - whenever it's convenient for your schedule.

You will have permanent access to these videos and you will also receive any new ones that will be added at a later date!

The Modules in the course include:

INTRODUCTION TO TRADING AS A BUSINESS & TRADING WITH CONFIDENCE

This Module is designed to introduce you to a new way to trade stocks and options - as a business. Emphasis is on risk management and building a portfolio of trades that can be managed 'by the numbers'. Learning the craft, acquiring the skills required to be successful in the trading business.

This Module contains over 4 hours of great teaching!

Video
Video THE GREEKS - MANAGING BY THE NUMBERS

The 'greeks' play a critical role in your trading business. I totally de-mystify them and tell you exactly what the greeks are and, in practical, easy-to-understand language demonstrate how they impact your business. The greeks are the numbers you need to understand how to manage your portfolio profitably.

Special report included! I'm also including the most comprehensive, yet easy to read 5 page CONFIDENTIAL REPORT on how to profit from "The Greeks" available in the world (yes, the world, and no, I'm not kidding).


TRADE SELECTION AND STRATEGY

We've set the stage, now it's time to get on with the work at hand. This is where things get good and interesting. What positions do we take? How do we determine when and how? Do 'charts' matter? What is the big picture behind what we're doing?

This Module goes in depth with FIVE videos covering EEM, ADSK, DIA, SPY, and IWM (Don't worry, you'll understand it all later!)

Video


Video PORTFOLIO BUILDING

Build an investment portfolio by putting on positions that work together. This is where many traders go wrong - they put on individual positions and do not understand how they affect your overall portfolio.

You'll discover why diversification in time frames, prices and strategies is a key to making money.

This is simply fundamental to being a good investor.


THE TOOLS OF THE TRADE

ThinkorSwim (TOS), in my opinion is the best broker and has the best trading platform available. If you had to pay separately for the kind of analysis tools they give you as an account holder it would cost you many hundreds of dollars a month in fees - with TOS they're free. I take you inside the TOS platform and help you access the power you have at your finger tips.

(There are other programs/software that you can use to analyze your trades, but TOS is also free when you open an account.)

Video


Video PORTFOLIO MANAGEMENT BY THE GREEKS, ADJUSTMENTS, VIX and More...

Now that we have built our portfolio, how do we manage it by the numbers? We learned the greeks, so now it's time to put them into action. The key to success is knowing how to look at the numbers and know, without a doubt, what they mean and what to do with them if anything.

This module includes 5 killer videos with real life examples as I manage a portfolio.


THE ART OF ADJUSTMENTS - THE SECRET KEY

What happens when our numbers don't look good? This is where 99% of all traders get killed in the stock and options market... they have no clue what to do when a position goes against them and they lose money. It's too bad because most market trades can be saved to make a profit!

Imagine making one small change to your position and increasing your odds of making a profit by 80%! That's what adjusting can do for you!

In Trading As A Business, we KNOW what to do. We trade with confidence. We know and understand that when a trade goes against us it's an OPPORTUNITY to add to our portfolio by adjusting. I call it Smart Allocation of Capital. The art of adjustments is the missing link in trading options and stocks that almost no one teaches.

Video


Video CLOSING POSITIONS

How and when to close positions, and how to close them for maximum profits. The risks of holding positions into expiration week. When and how to 'buy' short-term insurance to protect your profits and increase your wealth in expiration week. How to close positions and get free trades left over that, although small, have a chance of DOUBLING our profits.

This module contains 5 videos, and the key theme here is MAXIMIZING our profits!


THE BIG PICTURE - TECHNICAL ANALYSIS

What kinds of technical analysis help us in our trading business? There are only a few key analysis tools that can help you determine the probabilities of market direction and I tell you exactly what those are. I'll give you insights into why the stock market moves the way it does.

I'll also give you a historical perspective on market movements going back to 1900 and give you a realistic plan of attack for determining future stock market direction based on factual evidence.

In the 2nd video, I dive into short-term indicators that can sharpen your edge in the stock markets to better time your trades. Then I tell you about an indicator that predicts short-term and opening stock market direction with an amazing degree of accuracy close to 95% of the time as well as how to determine intra-day trading movements and how to tell whether money is flowing into or out of stocks and what it means for intra-day price trends.

This module contains well over 3 hours of solid teaching.

Video


Video ADVANCED TECHNIQUES AND EXPLOSIVE WEALTH BUILDING STRATEGIES

Not even one of these strategies requires any knowledge of 'technical analysis' - it can help, but it's not required. These make money whether the stock market goes up or down. These are strategies you can manage based on 'the numbers'. One important thing I should mention: There are ways to make money that are NOT obvious. For example, Strategy #1 is something I have been studying for years, and it works every time and cannot fail to work.


Explosive Strategy #1:

Using this one method I turned a $14,000 trade into a $75,000 profit in just 8 months. The most money at risk? Just $650! That was the total amount that was at risk when this position was initiated and NO more money was ever put into the position. Amazing profit/loss ratio. And it doesn't matter if the stock market goes up or down. It just requires a longer time frame of 6 to 8 months.

It is not uncommon for these trades to create the profits you can brag about. Want to make a killing in the stock market? It doesn't get any better than this.

Video


Video Explosive Strategy #2:

Another method I call "Flipping Stocks" allows me to buy stocks cheaper than anyone else. And if the stock market does not cooperate with my plan - I get paid lots of money for waiting until it does! This is for bigger players with more capital... but when you have $15k or more to put to work, these longer term stock trades generate explosive profits.

I teach this strategy to you in a nice 52 minute video.


Explosive Strategy #3:

This new strategy that has unlimited upside or downside potential and only $50 or so of risk! This trading strategy is extremely powerful and one of the biggest real 'secrets' that no one has ever discussed that I know of. Wait till you see the power of this strategy.

You can make $1000's with a total risk of $50 or so. It's extremely powerful. Think there's no free-lunch on Wall Street? This isn't one either but it's as close as it gets to one! This is the perfect strategy for playing earnings reports, takeover news stocks and any stock you think will move big in any direction with little risk.

Video


Video Explosive Strategy #4:

If you want to be more active in stocks but hate the risk, you'll love this. Day trade without the risk normally associated with day trading. This can be setup to be an 'semi-automated' trading system. Very powerful and again another low risk, high earning strategy for more active participants.

This strategy includes 9 videos which takes you through some real life trades over the course of 7 days. These show you exactly how to make thousands of dollars with these trades.

Also included are 3 worksheets (Excel spreadsheets) for your convenience.


Explosive Strategy #5:

If you liked the idea of the monthly income trades but were wondering how to 'turbo charge' them to make a fortune, then you will love THIS. Instead of $1000-$2000 a month you could start generating an income in the $5,000 to $40,000 a month range after learning this and with a lot less stress - while trading as 'big' as you want!

This last strategy is the 'icing' on the cake... the peak moment in all your hard study and will be worth 100 times what you paid for this course - maybe even more. Why didn't I reveal this until the very end of the course? Simple: You would not be able to use this strategy without a good foundation that was laid out in the earlier Modules. Everything we have learned thus far has been leading up to these explosive strategies.

Video

This course contains over 40 videos...

totaling over 24 HOURS of profit-pulling strategies!

The videos and modules are very well organized in an easy-to-navigate membership area, and they are sequenced in a perfectly logical order so that you can learn the Stocks and Options Trading System Pro one step at a time.

The course will be delivered to you 100% online, so you can get started RIGHT AWAY!

You will be able to download the videos right to your computer so you can watch them at your leisure. They will play on all kinds of computers... Windows or Mac. You may also make one copy of these videos on a storage device (CD, DVD or external drive) but may not allow anyone else to view, copy or share them. They are for your use only (with the exception of your spouse).

So... what's the price?

So you can learn it without any serious financial stress ,the Stock and Options Trading Pro System has been made  incredibly affordable.

You will get much more from this course than from any of those $3,000 to $5,000 seminars combined . I've also seen one trading course that charges $7,500 just for online access to learn the basics of options!

So right there, you can see that the VALUE of this course is easily in the thousands.

And there's more value-added to this System even today...

If you join today, you'll also receive these THREE fast action bonuses...

FAST ACTION BONUS #1
Inside Days Strategy Video (69 minutes) + Ebook

$147.00 Value - Yours free when you join today!

This mini-course teaches you a very powerful indicator in the market. This can show you how to set yourself up for explosive profits. Indeed a very useful strategy to rake in the profits from the market  time and time again.

FAST ACTION BONUS #2
"Xtreme Trading" Video (50 minutes)

$97.00 Value - Yours free when you join today!

While some day trading is covered in the main course, it is is NOT a "day trading course". However, the principles of the Stocks and Options Trading Pro System can be applied to a certain type of day trading.  Use this powerful strategy to grab profits on demand. A 50 minute video will show you exactly how to do it.

FAST ACTION BONUS #3
"Monthly Trader Alerts

$150.00 Value - Yours free when you join today!

Each month a special trader alert with information about a trade that's hot, or other "inside info" to help you profit from the CURRENT market conditions, whatever they may be will be emailed to you, if you so choose.

You're just seconds away from getting full access to the complete course.
Sign up now and you'll be on your way to trading success!

Okay, just added are $394.00 worth of bonuses onto the course.

Considering that the course itself is easily worth thousands, and even the bonuses are worth over $300, to price the course at $1000.00 is quite reasonable. You may agree that it's a very fair and reasonable price for the entire package.

However, since the economy has dealt a hard blow to many of the people who need this information the most, I want to make it as easy as possible for you to become a member today.

Instead of the normal price of $1000.00, I'm slashing the price like a crazed ninja!

If you join today, you can have complete access to the entire program for...

$1,000.00 $497.00$197.00 Only $27!

This is a limited time offer. I'm setting a strict limit, and if we don't completely sell out, the price will continue to go up!

Click Here Before the Price Goes Up ...

That's not a misprint. I'm going to give you FULL access to this potentially life-changing program for your one-time payment of only $397 $197 $27.00 today.

You can have all the material at once. You will get the entire thing INSTANTLY when you join today.

Also, I want to let you know that there is NO UPSELL. There is no "one time offer", or anything else that you have to buy to complete the course. You are getting the FULL course.

Initially I had considered breaking it into pieces and charging extra for the super-powerful strategies contained toward the end of the course, but I decided that you should have the ENTIRE thing, and I'm going to give it ALL to you in one membership.

Remember, you're getting...

  • MORE THAN 40 VIDEOS IN THE COURSE
  • OVER 24 HOURS OF TEACHING! (Plus more in the bonus videos)

Most of the other (not mine) online "educational" products out there for "learning how to trade" consist of cheesy ebooks, with little or no helpful content.

So please don't go wasting another $27 (or whatever) on yet another ebook that won't help you get to where you want to be!

Instead, invest in this course which will truly put the right trading knowledge into your hands and into your mind.

The Trading Pro System has everything needed to teach you how to make money like a pro with stocks and options.

But you'll need to act fast.

To ensure an optimal quality experience for each and every online customer, not too many memberships can be sold.

I'm going to make sure that the membership area does not get bogged down by too many members. I insist that the downloads are nice and fast, so I will need to limit the membership.

The doors may be closing at any time, so please grab your spot now if this is something you would like to be a part of.

Are you ready to start making a killing from the stock market,
regardless of whether it's going up or down?


Yes, I want to make money with stocks and options!

Yes, I want to grab a spot in this very limited membership!

Yes, I want instant access to the entire program + bonuses.

Yes, I want it now before the price goes up!
(This offer is ending soon)

Only $27!

INSTANT ACCESS!

30 Day Money Back Guarantee

Try it risk free today! I believe in this program so much that I'm giving you complete access to the entire program and all the bonuses at my risk, not yours!

I'm willing to do this because I believe it will truly show you how to improve your trade investments strategy. If you're not satisfied with the program, just let me know within 30 days of your purchase and I'll refund 100% of your purchase. No questions asked. After 30 days, all sales are final.

Trade with confidence!

Albert Born


Questions? Email us by clicking here.

P.S.-  You could attempt to learn trading as a business by trial and error on your own, but I assure you it will be a MUCH more costly "education" than the one I'm offering you today for a very reasonable price.

It cost me years of frustration, bad trades, and huge financial losses before I figured out the "secret" to a profitable trading system.

Far too many smart yet "uneducated" people lose their shirts in the stock market, and please don't let that happen to you.

PLEASE... don't lose your money anywhere. Get this course so you can avoid the pain of loss of time and money. Let me show you how to trade stocks and options the low-risk, profitable way - that will bring you profits regardless of whether the stock market is going up or down :-)


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IMPORTANT DISCLAIMERS AND TERMS OF USE

EARNINGS DISCLAIMER

EVERY EFFORT HAS BEEN MADE TO ACCURATELY REPRESENT THIS PRODUCT AND ITS POTENTIAL. THERE IS NO GUARANTEE THAT YOU WILL EARN ANY MONEY USING THE TECHNIQUES AND IDEAS OR SOFTWARE PROVIDED WITH THIS WEBSITE. EXAMPLES IN THIS PAGE ARE NOT TO BE INTERPRETED AS A PROMISE OR GUARANTEE OF EARNINGS. EARNING POTENTIAL IS ENTIRELY DEPENDENT ON THE PERSON USING THE INFORMATION INCLUDED TO THIS PAGE, THE IDEAS AND THE TECHNIQUES. WE DO NOT PURPORT THIS AS A GET RICH SCHEME. YOUR LEVEL OF SUCCESS IN ATTAINING THE RESULTS CLAIMED IN THIS PAGE DEPENDS ON THE TIME YOU DEVOTE TO THE IDEAS AND TECHNIQUES MENTIONED, YOUR FINANCES, KNOWLEDGE AND VARIOUS SKILLS. SINCE THESE FACTORS DIFFER ACCORDING TO INDIVIDUALS, WE CANNOT GUARANTEE YOUR SUCCESS OR INCOME LEVEL. NOR ARE WE RESPONSIBLE FOR ANY OF YOUR ACTIONS. MATERIALS IN THIS PAGE MAY CONTAIN INFORMATION THAT INCLUDES FORWARD-LOOKING STATEMENTS THAT GIVE OUR EXPECTATIONS OR FORECASTS OF FUTURE EVENTS. YOU CAN IDENTIFY THESE STATEMENTS BY THE FACT THAT THEY DO NOT RELATE STRICTLY TO HISTORICAL OR CURRENT FACTS. THEY USE WORDS SUCH AS ANTICIPATE, ESTIMATE, EXPECT, PROJECT, INTEND, PLAN, BELIEVE, AND OTHER WORDS AND TERMS OF SIMILAR MEANING IN CONNECTION WITH A DESCRIPTION OF POTENTIAL EARNINGS OR FINANCIAL PERFORMANCE. ANY AND ALL FORWARD LOOKING STATEMENTS HERE OR ON ANY OF OUR SALES MATERIAL ARE INTENDED TO EXPRESS OUR OPINION OF EARNINGS POTENTIAL. MANY FACTORS WILL BE IMPORTANT IN DETERMINING YOUR ACTUAL RESULTS AND NO GUARANTEES ARE MADE THAT YOU WILL ACHIEVE RESULTS SIMILAR TO OURS OR ANYBODY ELSE'S, IN FACT NO GUARANTEES ARE MADE THAT YOU WILL ACHIEVE ANY RESULTS FROM OUR IDEAS AND TECHNIQUES IN OUR MATERIAL.