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Trading success takes time and patience

(2007-05-28 07:38:15) 下一個

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Trading success takes time and patience
I can not reveal those trading triggers here because they won't work anymore if too many people doing the same thing.
It's a simple approach and it's rather boring. much more boring than making bode predictions everyday and chase hot stocks all over the place

Even though I do a lot of tradings and trade a lot of stocks, most of them are with small percentage of my capital. Most of my big tradings with high success rate are from stocks (mostly mid/big cap with very solid FA and good business trend) I watched for at least three years, some close to ten years. Those trades have very high successful rate but only come by once in while. But when the opportunity present itself, buy huge and take profit promptly. I can not reveal those trading triggers here because they won't work anymore if too many people doing the same thing. But I'm sure if you use my approach and put in your hard work, you'll find your own secret weapons. Basically, what you need to do is to follow a wide range of good companies, study their FA, look at their chart and trading pattern daily, make friends with them lol. After sometime, you'll get a good feeling with those stocks and you'll know when the opportunity present itself. It's a simple approach and it's rather boring. much more boring than making bode predictions everyday and chase hot stocks all over the place, but to my experience, it's the most consistent part of my trading success.

Good luck and happy trading.

by SDRider

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