As soon as you find a winning stock and determine its direction, you will decide which strategy will be most beneficial. Instead of throwing caution to the wind and trading haphazardly, you will pick the right strategy that fits the current circumstance and your personal outcome.
As soon as you find a winning stock and determine its direction, you will decide which strategy will be most beneficial. Instead of throwing caution to the wind and trading haphazardly, you will pick the right strategy that fits the current circumstance and your personal outcome.
Looking to reduce your risk and generate consistent, predictable cash flow? There's a strategy for that! Or perhaps you don't mind a little more risk, and you are hunting for that perfect trade sure to make your friends jealous. There's a strategy for that too...one that will keep you from going broke in the process!
There are typically two types of uneducated traders who lack a healthy strategy. The first is the "poor looser." This is the person who never makes any money, and their equity curve falls faster than a lead ballon. This person usually quits when they go broke.
The second is actually more dangerous. This is the "lucky winner." This person makes a massive amount of cash on their first few trades, but it was not strategic. In fact, it was luck. This person usually spends years trying to repeat this unskilled success and ultimately loses a fortune...several times.
There are typically two types of uneducated traders who lack a healthy strategy. The first is the "poor looser." This is the person who never makes any money, and their equity curve falls faster than a lead ballon. This person usually quits when they go broke.
The second is actually more dangerous. This is the "lucky winner." This person makes a massive amount of cash on their first few trades, but it was not strategic. In fact, it was luck. This person usually spends years trying to repeat this unskilled success and ultimately loses a fortune...several times.z
Imagine this: You see a money-making opportunity. You know there is a pretty good probability things will go as expected. But you're no fool. You know that even the best of the best have trades go against them.
So, you strategize!
Time to deploy the right strategy at the right time. You know the anticipated direction of your winning stock. You know exactly what should be risked on this trade. You've considered the external conditions.
Imagine this: You see a money-making opportunity. You know there is a pretty good probability things will go as expected. But you're no fool. You know that even the best of the best have trades go against them.
So, you strategize!
Time to deploy the right strategy at the right time. You know the anticipated direction of your winning stock. You know exactly what should be risked on this trade. You've considered the external conditions.
And...you pick the winning strategy like a pro. Sit back and watch it work for you!
Step 2 works because it generates results -- and a lot less stress. You'll learn to map out a plan, and instead of stressing over every little price fluctuation, you'll just work your plan. This is no place for gambling. The market rewards a strategic, disciplined trader ... exactly what Step 2 teaches you to be!
Predictable cash. No surprises. That's the goal. You decide if you prefer large quantities with higher risk (yet highly managed) trades. Or maybe you prefer gains that come in a piece at a time with higher probability, lower risk trades. The goal is still the same.
Make predictable money. Consistently over time.
Remember, trading is a skill -- one that you can learn and enjoy the rewards of for a lifetime. You can do this! Today. Right now. The opportunity is here.