Tuesday, January 13, 2009

Why Most Of You Will Likely Fail


To make money CONSISTENTLY, stick to the methodology ..make some changes if you need to but make sure it works... then expand your toolbox if you like.

I can tell you with a high degree of certainty that these work:

- morning gap fades

- batwings formations

- overnite daytrades


Don't get drawn in with that "everyday a new stock to play" nonsense you see everybody doing.... I've been there (and you know i have) and let me save you the time... don't do it.

Incidentally, less than 5% of all traders use the above methodologies (among many others that work)...

instead, over 90% do the stock jumping "what's moving?" business.

Did your lightbulb just turn on? hmmmmmm...We know that over 90% of all traders will fail....and 'over 90% do the stock jumping "what's moving?" business'... ... You do not need to have an Ivy League degree to figure that 1+1=2 . Something might be wrong with the prevalent approach, ya think?