Prepare to be shocked.
When you discover the biggest stock market secret of all, it could undermine everything you believe about trading in stocks. It could also completely turn your trading around by removing the “gambling” element almost entirely, and turning your losses into profits overnight.
Whether you’re currently an active investor or not, you’ll know the basics of how most people play the stock market. It can be summed up in two words.
Buy. Pray.
You might laugh, but you know it’s true!
They get a ‘hot tip’ from a newspaper, a tip sheet, a guy in a bar, wherever, and they go ahead and buy the stock. Then, they wait and hope and pray that it goes up, and IF it does, they sell and collect a profit.
It’s not exactly what you’d call a strategy, now is it?
There are, of course, a lot of traders out there who are using much cleverer strategies than “Buy and Pray”. They might use charts and technical analysis and work their trades on moving averages, Fibonacci lines, Bollinger bands and so on. They might go short occasionally to profit from an expected downward move, but the “gambling” element is still there – decide which direction the stock is likely to move in, and take a position on that basis. Leggi il seguito di questo post »
