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Finance
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Stock Analysis |
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StockAnalysis, written by nationally recognised market analyst Peter Strachan, is the latest addition to the Pex Publications stable of newsletters. StockAnalysis is the leading-edge, independent source for "all the stock market news your broker wouldn't |
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Fat Prophets |
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This is an online newsletter. Fat Prophets is a stockmarket report providing specific advice on what stocks to buy, when to buy them, when to sell them and WHY. Run by both an investment banker and a stockbroker, Fat Prophets is an online financial report |
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Investor Weekly |
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Launched in 1994, and with its coverage broadened recently to include retail as well as institutional news, Investor Weekly provides coverage across superannuation, funds management, masterfunds, dealer groups, administration, custody and investment manag |
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A Complete Guide to the Futures Markets |
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Wise and whimsical guide |
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100 Years of Wall Street |
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Easy Way to Get Started |
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How To Really Win Big In The Stock Market
By: Mark Crisp
Hi, Mark Crisp
Enjoy your long weekend. I am about to take a few days vacation my-self.
Everyone seems to be worrying about what direction the stock market is
going....in a word DON'T. Don't even concern your-self with the day to day
"noise" There's absolutely nothing we can do about where the stock market is
going to go..so don't waste your time on it.
What-ever you do simply follow price and volume. ESPECIALLY volume. That's the
ONLY indicator you need. Don't do what people "say" follow that they actually
do.Especially the really big volume. Institutional or big individual buying.
Look at great stocks like VPHM, NTRI, BCON where we have profited from massively
and continue to do so. No following advice. No watching the day to day ticker
here. Simply buy them and hang on for the 400%+ moves they give you.
"THE BIG MONEY IS IN THE BIG MOVES"
Why do most people lose in the stock market? In one word "emotions" They trade
too emotionally.They react to the day day corrections. They take profits too
quickly and seek advice..WRONG!
Look I made a trade is TZOO last year. I bought around $45 and then watched it
FLY upto $76....boy was I tempted to sell. But being a disciplined Momentum
Trader I simply HAD TO FOLLOW MY RULES. HAD TO. FOLLOWING MY RULES IS MORE
IMPORTANT TO ME THEN MAKING MONEY!
So I then watched it fall to $50...Yep I watched $20+ in "paper" profits
disappear. Not a problem as to become a master trader you have to be willing to
give back a fair portion of your profits in the HOPE of much bigger profits
(write this down!) And then back it zoomed to over $100. I finally got out about
$90.
My point here is you can't have the conviction to do this kind of trading unless
you have a proven system. Rules you are 100% happy with. You must be disciplined
and whatever you do..NEVER listen to any outside advice. I'll bet my life
everyone was screaming sell TZOO at $70....$60 and $50....
This kind of trading leads to massive % moves in stocks. It stops you from over
trading as well. Have you ever bought a stock. Made a quick 20%+ profit in it
then sold. Patted your-self on the back and said "a job well done" You then go
and trade another 2 stocks and lose 10% on each one. giving back al your
profits. Now the real sickener is the stock you sold out of for that quick 20%
profit in is now up 100%......And you feel sick. You could have made much bigger
profits by simply hanging in there. Do NOT OVERTRADE.....another big reason
people lose.
Enough from me. I hope you at least think about what I say here. Stock trading
is unlike any business in the world. It's not about "work" as such but about
managing emotions and trading to a set method and being true to that method.
Many people struggle here....professional money managers included.
Master this and the "world is you oyster" It's your call.
Sincerely
Mark Crisp
About the Author:
Mark Crisp is the creator of the Momentum Stock Trading System Making stress
free huge profits trading in stocks only 4-8 times every year.
www.stressfreetrading.com
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