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.
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