Most stock market for dummies
guides will leave you penniless and frustrated, but you can easily avoid this
fate. With the right guide to the stock market basics, you can quickly grow
a small personal amount of savings into a quickly snowballing personal fortune.
The reason for the failure of many stock market for dummies guides is that they
only teach you which shares to buy. This is only about 30% of the battle for
investment success. A good stock
trading system should take novice investors and traders from knowing absolutely
nothing about the stock markets to knowing enough to make a decent return. You
need an overview of the whole picture.
Understanding the stock market
is simple a combination of risk control, knowing what to buy, you also must
know how to control risk, when to use leverage to multiply your gains and know
when to sell and when to get out of the markets and into cash.
Many traders and investors are looking for the magic bullet – the stock
trading system that will free them from work, worry and toil. It does exist,
and it isn’t the big secret that many traders might imagine. There are
stock trading systems out there which will help any trader in understanding
the stock market.
Now, that may not seem like you will get rich from it, but if you factor in
that these high performing systems are momentum trading systems, then you will
understand, if you are familiar with stock investing, that you are able to use
leverage with these types of stock trading systems. That means that a $1000
investment can become over $140,000 in 8 years! Stock
market for dummies guides rarely make this type of distinction.
Friday, 19 September 2008
Subscribe to:
Posts (Atom)