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5.SEMWEB-HMMM.How to Make More in the Stock Market
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Groups: Registered, Registered Users, Subscribers Joined: 2/2/2007(UTC) Posts: 367
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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.
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