D. R. BARTON, JR.
THE 10-MINUTE MILLIONAIRE
THE 10-MINUTE
MILLIONAIRE
THE ONE SECRET ANYONE CAN USE
TO TURN $2,500 INTO $1 MILLION OR MORE
D. R. BARTON, JR.
Cover design: Wiley
Cover image: © blackred/iStockphoto
Copyright © 2017 by D. R. Barton, Jr. All rights reserved.
Published by John Wiley & Sons, Inc., Hoboken, New Jersey.
Published simultaneously in Canada.
No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, (978) 750-8400, fax (978) 646-8600, or on the Web at www.copyright.com. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, (201) 748-6011, fax (201) 748-6008, or online at http://www.wiley.com/go/permissions.
Limit of Liability/Disclaimer of Warranty: While the publisher and author have used their best efforts in preparing this book, they make no representations or warranties with respect to the accuracy or completeness of the contents of this book and specifically disclaim any implied warranties of merchantability or fitness for a particular purpose. No warranty may be created or extended by sales representatives or written sales materials. The advice and strategies contained herein may not be suitable for your situation. You should consult with a professional where appropriate. Neither the publisher nor author shall be liable for any loss of profit or any other commercial damages, including but not limited to special, incidental, consequential, or other damages.
For general information on our other products and services or for technical support, please contact our Customer Care Department within the United States at (800) 762-2974, outside the United States at (317) 572-3993 or fax (317) 572-4002.
Wiley publishes in a variety of print and electronic formats and by print-on-demand. Some material included with standard print versions of this book may not be included in e-books or in print-on-demand. If this book refers to media such as a CD or DVD that is not included in the version you purchased, you may download this material at http://booksupport.wiley.com. For more information about Wiley products, visit www.wiley.com.
ISBN 978-1-118-85670-3 (Hardcover)
ISBN 978-1-118-85691-8 (ePDF)
ISBN 978-1-118-85680-2 (ePub)
FOREWORD
In a recent survey by BlackRock, Inc., the world’s largest money-management firm, 74 percent of respondents said that they expect to feel financially secure in their retirement. However, there’s a $30,000-a-year income gap between what they need and what their savings will earn.
During our educational webinars, when we ask participants what their biggest concerns are, we consistently hear that market volatility creates intense anxiety for traders and investors alike.
When you combine these responses, what you get is a large group of Americans who need to be successful in the stock market to grow their nest egg and fund their retirement, especially in the current environment of historically low interest rates. However, because of concerns over market volatility and a distrust of Wall Street, the average investor has sat out the seven-year bull market that began in 2009. Some pundits have called this the most-unloved bull market in history.
What investors and traders need is a disciplined methodology that gives them the confidence and conviction to be in the stock market, not on the sidelines. D. R. Barton, Jr. has researched and developed just such a plan.
I have known D.R. for more than 20 years. In that time, I have come to respect not just his trading acumen but also his integrity.. in life and in his trading system research. What he has done in The 10-Minute Millionaire is to bring together three disciplines that are essential to success in the stock market:
1. A high-probability trading plan with well-defined entries and exits.
2. A focus on money management and risk management.
3. A plan that allows traders to take advantage of volatility – and not be spooked by it.
What D.R. has put together is a trading plan that positions you for success. He understands that focus is the key to success in the stock market. Focus leads to conviction and conviction empowers you with the confidence you need to follow the trading plan religiously, like all successful traders do.
I have compared the quest for a consistently reliable trading system to the search for intelligent life in our universe.. we know it’s probably out there but it’s darn hard to find. D.R. has taken one big step in the right direction with The 10-Minute Millionaire.
[Editor’s Note: Marc Chaikin is a legend in the super-competitive world of technical market analysis. His groundbreaking work includes the development of the Chaikin Money Flow and Chaikin Oscillator indicators – both industry standards found in virtually all the widely used charting-software platforms. Chaikin is now building an even greater legacy through his new venture at Chaikin Analytics LLC. His latest quantitative, fundamental and technical- analysis models are being used in market-beating indexes at the Nasdaq, on institutional trading desks, and by individual investors throughout the world.]
ACKNOWLEDGMENTS
The first money I ever earned was the $5 I got for mowing Mr. Campbell’s yard back when I was 10.
Mr. Campbell was a neighbor of ours, and I remember that he had one of the all-time great nicknames: Soup. (I just called him “Mr. Campbell.”)
That nickname isn’t all that I remember from those childhood days in Virginia. I also remember all the people who helped me get those jobs done.. as well as the lawn-mowing dollars that followed.
Back then, my dad let me borrow the push lawn mower. Mom would run me down to the Esso station for gas anytime I ran low. And when I was away on vacation, I knew I could count on friends – like close buddy Rob, or Mike, the little brother of another friend – to cover my commitments.
Because I had a great team, by the time I was a senior in high school, I was mowing 14 lawns per week – even when holding down a full-time summer job in the city of Radford electrical department.
Lawns were meticulously mowed (people just love straight lines – that’s how I got all those terrific referrals). I made good money for college. And I always thanked everyone who helped me. I was especially grateful to my dad, who provided mowers and maintenance and eventually the use of our 1968 Ford Torino Squire station wagon so I could expand my territory. And my back-ups were always there when I needed them.
I learned a valuable lesson here.. and I learned it early. Ever since that very first job, I’ve been getting projects done by working with talented and caring teams.
The projects have