logo
Welcome Guest! To enable all features please Login or Register.

Notification

Icon
Error

Options
Go to last post Go to first unread
KTP2  
#1 Posted : Friday, October 28, 2011 12:40:50 PM(UTC)
KTP2

Rank: Advanced Member

Groups: Registered, Registered Users, Subscribers
Joined: 2/2/2007(UTC)
Posts: 367

Was thanked: 1 time(s) in 1 post(s)

Don Harrold, the Rational Day Trader, exposes five truths every trader must learn to make money in a market ruled by fear, greed and hype.

Big brokerages report quarter upon quarter of stellar trade results. The number of losing days a "big name" firm might have each quarter could be counted on one hand. These same firms give public opinion about the market in general, and specific stocks each day through the media.

So, it seems like a great idea to trade based on the comments and advice from "winners" who seem to never have a bad day. Yet, if you think about it, the opposite must be true: It is a mathematic equation that if the big firms win, YOU must lose if you take their advice with regularity. The market is a zero sum game where wins and losses are defined in dollars lost or gained. If the person you are trading against wins, you will lose.

When I realized this and other fundamental truths about the market, I began a search for ways to beat what seemed unbeatable if you walked in the front door of the casino. What I show you today will be the key that opens the back door and allows you to trade like the big boys, not like they WANT you to trade.

Users browsing this topic
Guest (Hidden)
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.