How to Game the System
How to Game the System by Jessica Cohn-kleinberg – Banyan Hill
My friend and I wandered through the many maze levels of the cruise to the dining room where an army of waiters waited with trays of tiny finger sandwiches, scones and, of course, tea. At a table with two other couples, we politely swallowed cucumber sandwiches whole and chatted about the other cruises we’d been on.
The middle-aged couple from New Jersey on my left had been on, get this, 26 cruises so far — and they weren’t planning on stopping. In fact, when they retired, they were looking at a 116-day round-the-world cruise. And when that ended, they would simply stay on the boat for the next 116-day journey. And they’d continue on like that for as long as they could.
It was their way of seeing the world, without feeling forced to move into an assisted living facility before they were ready.
As I listened to this couple gush about their retirement plans, it occurred to me that they had essentially “gamed the system.” They had found a way to play by the rules, but still retire on their terms, without forcing themselves into a lifestyle that didn’t suit them.
Of course, they had to have the funds to do so.
That got me thinking about ways I could game the system — and suddenly, I realized that’s precisely what we do when we follow a proven trading strategy. We are playing the system and setting ourselves up to profit on our own terms, in our own way.
Take the strategy that one of our systems experts, Chad Shoop, designed for Earnings Drift. The system:
- Takes the guesswork out of knowing if, and when, sudden stock moves are going to take place. Chad’s system uses more than 10 years of historical data on companies’ earnings reports to be able to pinpoint how a stock will react after a certain type of earnings release.