NO “Secret” methods will work

by Kevin Brown
(Austin, TX)

There are so many trading offers out there that supposedly have “little-know” or “secret formulas” for profitably stock trades. After 18 years of trading and reading over 200 books on the subject I can tell you that even the best trading "secrets" are just old concepts viewed from another perspective.

Here’s the most profitable secret you need to know…NO trading method that is supposedly “secret” or “little-known” will work. You must come to understand that the very premise of making a profit in the markets is to enter trades (long or short) that other profitable traders are trading.

Now think about this…If it’s “secret” then very few traders are using it. Doesn't it take more than a few traders to move a stock price? The aggressiveness of buyers or sellers in a single direction is what causes a stock to rally or decline in the first place. This concept is so simple yet so many traders are suckered into thinking that there is some method, system, technique or indicator out there that no one else knows about and will give them the “winning edge.

You don’t want to be a lone wolf with a winning edge in trading; you want to be part of the pack on the right side of the price moves. It is, always has been, and always will be that plain and simple.

www.SwingTraderGuide.com

Comments for
NO “Secret” methods will work

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Feb 15, 2008
No Secret Methods
by: Craig

Thanks Kevin!

You need other traders to help move the stock in your direction!

Feb 01, 2008
Crowds
by: David Fletcher

But surely being in front of the crowd helps...I mean imagine if you could see a breakout before it breaks out.
I mean if a price was oscillaing and you got in at the bottom before the eventual breakout and trend then you would on that move as opposed to making up that move...

Dec 13, 2007
Light goes off
by: Anonymous

This range true as soon as I read it...

Sep 20, 2007
Trading and common sense
by: Elbert

I agree, trading success is more a funtion of consistent common sense than of secret formulas.

Elbert
FavoriteOptions.com - Excellence in Options trading

Sep 02, 2007
Sobering comment
by: Anonymous

absolutely correct!

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