You are here because you read or heard about someone who has "made a killing" in the market. Or you have been lured to the stock market by the promise of easy money or quick bucks. Maybe you hate your job and want to trade from home for a few hours in the morning and spend the rest of the day sitting on the beach or some other fantasy.
If that's why you are here, you are at the wrong place. Just drop me line and I will send you a list of web sites that promise quick fortunes. Quick large profits happen as often as winning a state lottery. It can happen...it just usually happens to someone else. And lotteries can't be relied upon to bring in a monthly income.
Ask yourself - How good a trader are you? How's this for a statistic. Over 70% of people trading less than 1 year consider themselves good traders. However, 95% of those same traders were losing money. And over 90% within 1 year of starting to trade will quit trading out of disgust or loss of money or both.
Too many traders enter the market without the proper tools. They fail to use the appropriate systems and methods to trade. The market no longer need be the domain of the professional trader. Traders who have the time, capital, persistence, motivation, knowledge and methodology will succeed. We are going to give you the techniques and systems that the professional use.
Not As Easy As It Looks
The ease of purchasing stocks has given the impression that trading is an easy way to make a living. All you need is to open a brokerage account, fund it, and find a method of trading... and most new traders wonder why cash is not rolling into their bank accounts. Most of us when purchasing a car or house do research, check some buying reports and agonize for weeks before the purchase. Most people buy stocks on a whim or just a recommendation and then watch their non existent profits dwindle away till all that is left is a loss. If you do not do the proper work, you losses will be someone else's profits.
Tags: trader, trading books, simple trading strategy
Basics for New Traders
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