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
Join in and write your own page! It's easy to do. How?
Simply click here to return to Tips and Tricks.
Related Reading

The Encyclopedia of Technical Market Indicators: "This encyclopaedia provides an alphabetical and up-to-date listing of hundreds of important market indicators. It defines what each indicator is and explains the philosophy behind the indicator."
Market Club

New Market Club Video:
The 50 Rule:
In this new video, Adam talks about the "50 Rule" and how it can help you to spot reversals.
Software

Fibonacci Price and Time: This is an excellent software program that will calculate Fibonacci price and time levels. Also calculates Gann "Square of Nine". Inexpensive and very easy to use.
Trading Videos

4 Trading Videos:
Now you can watch four trading videos from some of the top traders in the business.
Zecco

This is the broker I use. You get 10 free trades a month with no fees or commissions. Perfect for those new to trading stocks.
100% Free Stock Trade. Trade stocks for free on Zecco.com. The Free Trading Community. www.zecco.com

Trading Course

Trading Master Plan
This is one of the few trading courses on the market right now that is actually worth buying.
You get a 200 page e-book, trading video tutorials, chart lessons, and mp3 audios.
Also includes unlimited personal email support from Dave himself.
Elliott Wave Video

Elliott Wave Video Series
In this 3 part video series, you will learn what the wave principle is, why you should pay attention to it, and how to trade it.
This course is free from the folks over at Elliott Wave International.