Haven't you always wished for some kind of a magic wand which would allow you to time the market perfectly, pick the right stocks at the right time and make all those handsome profits which you only read about?

Well, some help is around the corner -- not exactly a magic wand, but it's something worthwhile.

And it's being launched by an Australian company called Safety In The Market. What the company is offering is a course that teaches people to trade in the market.

The course takes the investor through a set of methods which can then be employed by the latter to 'trade' in the market.

Note the keyword -- it is 'trade' and not invest.

The courseware is accompanies by a software which scans all the stocks on the Bombay Stock Exchange and the National Stock Exchange and identifies those that meet the 'safety' criteria.

This means that unsafe stocks, or stocks which have the potential to erode your wealth, will be automatically weeded out. Aaron Lynch, general manager of SITM, said, "We are guaranteeing this product."

In other words, the company will guarantee the success that an investor will get by following the course. Such confidence in the product stems from the successful responses that SITM has had across the globe including from the United States, Singapore and New Zealand, where the company has operations.

Lynch said SITM have already held discussion with the managements of the NSE and the BSE and demonstrated the product to them and found them to be supporters.

This course is not only meant for stock market traders but also those wishing to invest in commodities, bullion and the foreign exchange markets.

So basically, it would be back to school for investors. According to Pradeep Chandrasekharan, country manager for India, SITM, investors in the Indian stock markets generally rely on tips, rumours, information from others, magazines, to help them to invest in equities.

The number of people taking informed decisions on their own is very rare, simply because they do not have the expertise for it. This course is designed to fill that gap.

"To build wealth, SITM offers a clear and concise plan with exact rules to follow. This allows one to be proactive rather than reactive when an investment is not doing what one expected."

Lynch says that the course caters to people who are long time investors as well as those who have no knowledge of investing (but would like to do so).

Technical analysis is also part of the course, which helps the investors make projections about the future and thus chart out an investment strategy.

The whole idea of the course is to teach the investors the basics of investing and then provide them with the necessary software which will assist them in this, based upon the methods which have been taught in the course.

A good portion of the course is devoted to controlling and managing risk. Once the strategies for limiting risk are in place, the trader can then focus on generating profits.

Apart from the exchanges the company has also approached brokerages and large individual traders. "There is a lot of interest in the product," said Lynch.

The methods explained in the course are based on the techniques employed by a legendary US trader called W D Gann.

The product is priced at Rs 1.2 lakh for the courseware as well as the software. For this price, investors also get to attend free seminars which will be conducted in Mumbai and Delhi.

For those interested in checking out this product and hone their skills log on to www.sitimindia.com and embark on a new journey of savvy investing.