Stock
Trading Secrets?
by Frank Soler of SolerInvestments.com
How often have you come across an
advertisement or e-mail proclaiming to "teach"
you the stock trading secrets that Wall Street Insiders
don't want you to know? Usually included in the descriptions
of these trading products are claims such as "Make
10K monthly in minutes per day", or "Learn the
secrets of Professional Stock Brokers", etc. etc. So
what are these "secrets" that they are SELLING?
And if the Wall Street Insiders and
the Professional Stock Brokers didn't want to reveal these
trading secrets with you, then how come the companies or
individuals selling you these products are so quick to give
up these "Never before revealed" techniques?
Is it because they don't work, or
are their products just the basic rules of trading rewritten
(once again) in a new and thought provoking way? Or, if
you believe everything you read, is it really some highly
classified and secret method for trading stocks that is
being SOLD here?
Stock Trading Secrets
Revealed
In its most simplified form,
the real trading secrets of the institutions and professional
traders fit into at least one of the areas below...
- A well developed trading
system that has proven itself to profitably work over
and over again in real-life trading
- Knowing which trading
strategies work best in which markets
- The role of the Market
Makers and how they use their influence to control the
market and how you can use this to your advantage
- What trading indicators are actually reliable
- Which trading patterns are worth using, and when
- Proper Money Management techniques, Money Management,
and Money Management (note the emphasis here)
- How to take advantage of margin
So,
contrary to what they want you to believe, this is what
they are selling you. I'm not saying that all of these trading
products out there promoting unknown trading secrets are
not worth the money, but quite the opposite. If they can
provide you with truthful advice about any of the
above areas, AND this advice is not easily accessible or
publicized, then their product may greatly benefit your
trading results.
But, if they are simply selling you
generalized trading information that you can learn from
any basic trading book, perhaps your money is better spent
elsewhere. Buyer beware.
Frank Soler is a successful trader and Registered Investment
Advisor. His company, SolerInvestments.com, provides real-time
Forex,
Futures, and Stock Picks, and a free
online trading education center.
Copyright @ 2005 Soler Investments All Rights
Reserved. Reprint of this article is allowed as long as
due credit is given to the author and links are left intact.
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