Would you like to get someone to hand you all their money?
No, you don't need a gun.
You don't need to blackmail or kidnap anyone.
I swear that what I'm about to show you is NOT Illegal!
I guarantee that this article will change everything you have heard, seen or tried in stock market trading.
This is the best lesson you will ever learn in stock market trading.
Trading is part rational and part emotional. People often act on an impulse even if they know they have harmed themselves time and time again in the process of so doing. A winning trader becomes too confident about his positions and misses sell signals. A fearful trader beaten up by the market becomes too fearful and sells too early. When he sees the stock immediately rise again, overshooting his original profit target, he can no longer stand the pain of missing the rally and buys way above his original entry point. The stock stalls and slides and he watches in horror as it sinks like a rock. In the end, he can’t take any more pain and sells out for a loss—right near the bottom. The original plan to buy may have been rational, but actually executing on his plan created an emotional storm.
Emotional traders do not pursue their best long-term interests. They are too busy bragging about a winning position and how smart they were for buying a stock or complaining and coming up with conspiracy theories about a losing position.
Your goal is to take money from emotional amateur traders.
Prices reflect intelligent behavior of rational investors and traders, but they also reflect emotional hysteria. The more active the market, the more traders are emotional. Rational individuals often become a minority, surrounded by those with sweaty palms, pounding hearts, and clouded minds.
Have you ever wondered why it's so hard to make money in a flat trading range?
Markets are more efficient during flat trading ranges, when people are using their heads. They grow less efficient during trends, when people become more emotional (greedy or fearful). It is hard to make money in flat markets because your opponents are relatively calm. Rational people make dangerous enemies. It is easier to take money from traders who are excited by a fast-moving trend because emotional behavior is more primitive and easier to predict. To be a successful trader you must keep your cool at all times and take money from aroused amateurs.
People are more likely to be rational when alone, and grow more emotional and impulsive when they join crowds so watch the volume. The faster the price moves, the stronger the emotions. The more emotional a market, the less efficient it is, and inefficiency creates profit opportunities for calm, disciplined traders.
A rational trader can make money by staying calm and disciplined by following his rules. Around him, the crowd chases rallies, hard with greed. It sells into falling markets hard with panic and fear. All the while, the disciplined trader follows his rules. A successful trader follows his rules rather than his gut—that is his great advantage.
Volatility is a direct measure of how much emotion is in any given market. The more volatile a market, the better odds you have at taking money from emotional amateur traders.
When a stock is up trending on rising volume, the more traders are drawn to that stock from the emotion of greed. The longer the uptrend stays in-tact, the more emotional the crowd becomes. The more greedy traders are drawn to the stock, the greater the volume. It becomes much easier to take other traders money in a market like this, by going long, because such markets have a higher percentage of amateurs in the crowd.
When a stock is down trending on rising volume, the more traders are selling that stock from the emotion of fear. The longer the downtrend stays in-tact, the more emotional the crowd becomes. The more fearful traders sell the stock, the greater the volume. It becomes much easier to take other traders money in a market like this, by going short, because such markets have a higher percentage of amateurs in the crowd.
When a stock goes into a flat trading range or sideways range also known as a rectangle pattern or a consolidation pattern, the less emotional the crowd becomes. Volume typically goes flat and it becomes very difficult to take other traders money in a market like this.
I hope you enjoyed this article and please feel free to leave your comments below. Thank you and happy improved trading.
Lance Jepsen President, GuerillaStockTrading.com Your Trading Coach (because everyone, even Tiger Woods, needs a coach)
Would you like to get someone to hand you all their money?
No, you don't need a gun.
You don't need to blackmail or kidnap anyone.
I swear that what I'm about to show you is NOT Illegal!
I guarantee that this article will change everything you have heard, seen or tried in stock market trading.
This is the best lesson you will ever learn in stock market trading.
Trading is part rational and part emotional. People often act on an impulse even if they know they have harmed themselves time and time again in the process of so doing. A winning trader becomes too confident about his positions and misses sell signals. A fearful trader beaten up by the market becomes too fearful and sells too early. When he sees the stock immediately rise again, overshooting his original profit target, he can no longer stand the pain of missing the rally and buys way above his original entry point. The stock stalls and slides and he watches in horror as it sinks like a rock. In the end, he can’t take any more pain and sells out for a loss—right near the bottom. The original plan to buy may have been rational, but actually executing on his plan created an emotional storm.
Emotional traders do not pursue their best long-term interests. They are too busy bragging about a winning position and how smart they were for buying a stock or complaining and coming up with conspiracy theories about a losing position.
Your goal is to take money from emotional amateur traders.
Prices reflect intelligent behavior of rational investors and traders, but they also reflect emotional hysteria. The more active the market, the more traders are emotional. Rational individuals often become a minority, surrounded by those with sweaty palms, pounding hearts, and clouded minds.
Have you ever wondered why it's so hard to make money in a flat trading range?
Markets are more efficient during flat trading ranges, when people are using their heads. They grow less efficient during trends, when people become more emotional (greedy or fearful). It is hard to make money in flat markets because your opponents are relatively calm. Rational people make dangerous enemies. It is easier to take money from traders who are excited by a fast-moving trend because emotional behavior is more primitive and easier to predict. To be a successful trader you must keep your cool at all times and take money from aroused amateurs.
People are more likely to be rational when alone, and grow more emotional and impulsive when they join crowds so watch the volume. The faster the price moves, the stronger the emotions. The more emotional a market, the less efficient it is, and inefficiency creates profit opportunities for calm, disciplined traders.
A rational trader can make money by staying calm and disciplined by following his rules. Around him, the crowd chases rallies, hard with greed. It sells into falling markets hard with panic and fear. All the while, the disciplined trader follows his rules. A successful trader follows his rules rather than his gut—that is his great advantage.
Volatility is a direct measure of how much emotion is in any given market. The more volatile a market, the better odds you have at taking money from emotional amateur traders.
When a stock is up trending on rising volume, the more traders are drawn to that stock from the emotion of greed. The longer the uptrend stays in-tact, the more emotional the crowd becomes. The more greedy traders are drawn to the stock, the greater the volume. It becomes much easier to take other traders money in a market like this, by going long, because such markets have a higher percentage of amateurs in the crowd.
When a stock is down trending on rising volume, the more traders are selling that stock from the emotion of fear. The longer the downtrend stays in-tact, the more emotional the crowd becomes. The more fearful traders sell the stock, the greater the volume. It becomes much easier to take other traders money in a market like this, by going short, because such markets have a higher percentage of amateurs in the crowd.
When a stock goes into a flat trading range or sideways range also known as a rectangle pattern or a consolidation pattern, the less emotional the crowd becomes. Volume typically goes flat and it becomes very difficult to take other traders money in a market like this.
I hope you enjoyed this article and please feel free to leave your comments below. Thank you and happy improved trading.
Lance Jepsen President, GuerillaStockTrading.com Your Trading Coach (because everyone, even Tiger Woods, needs a coach)
Would you like to get someone to hand you all their money?
No, you don't need a gun.
You don't need to blackmail or kidnap anyone.
I swear that what I'm about to show you is NOT Illegal!
I guarantee that this article will change everything you have heard, seen or tried in stock market trading.
This is the best lesson you will ever learn in stock market trading.
Trading is part rational and part emotional. People often act on an impulse even if they know they have harmed themselves time and time again in the process of so doing. A winning trader becomes too confident about his positions and misses sell signals. A fearful trader beaten up by the market becomes too fearful and sells too early. When he sees the stock immediately rise again, overshooting his original profit target, he can no longer stand the pain of missing the rally and buys way above his original entry point. The stock stalls and slides and he watches in horror as it sinks like a rock. In the end, he can’t take any more pain and sells out for a loss—right near the bottom. The original plan to buy may have been rational, but actually executing on his plan created an emotional storm.
Emotional traders do not pursue their best long-term interests. They are too busy bragging about a winning position and how smart they were for buying a stock or complaining and coming up with conspiracy theories about a losing position.
Your goal is to take money from emotional amateur traders.
Prices reflect intelligent behavior of rational investors and traders, but they also reflect emotional hysteria. The more active the market, the more traders are emotional. Rational individuals often become a minority, surrounded by those with sweaty palms, pounding hearts, and clouded minds.
Have you ever wondered why it's so hard to make money in a flat trading range?
Markets are more efficient during flat trading ranges, when people are using their heads. They grow less efficient during trends, when people become more emotional (greedy or fearful). It is hard to make money in flat markets because your opponents are relatively calm. Rational people make dangerous enemies. It is easier to take money from traders who are excited by a fast-moving trend because emotional behavior is more primitive and easier to predict. To be a successful trader you must keep your cool at all times and take money from aroused amateurs.
People are more likely to be rational when alone, and grow more emotional and impulsive when they join crowds so watch the volume. The faster the price moves, the stronger the emotions. The more emotional a market, the less efficient it is, and inefficiency creates profit opportunities for calm, disciplined traders.
A rational trader can make money by staying calm and disciplined by following his rules. Around him, the crowd chases rallies, hard with greed. It sells into falling markets hard with panic and fear. All the while, the disciplined trader follows his rules. A successful trader follows his rules rather than his gut—that is his great advantage.
Volatility is a direct measure of how much emotion is in any given market. The more volatile a market, the better odds you have at taking money from emotional amateur traders.
When a stock is up trending on rising volume, the more traders are drawn to that stock from the emotion of greed. The longer the uptrend stays in-tact, the more emotional the crowd becomes. The more greedy traders are drawn to the stock, the greater the volume. It becomes much easier to take other traders money in a market like this, by going long, because such markets have a higher percentage of amateurs in the crowd.
When a stock is down trending on rising volume, the more traders are selling that stock from the emotion of fear. The longer the downtrend stays in-tact, the more emotional the crowd becomes. The more fearful traders sell the stock, the greater the volume. It becomes much easier to take other traders money in a market like this, by going short, because such markets have a higher percentage of amateurs in the crowd.
When a stock goes into a flat trading range or sideways range also known as a rectangle pattern or a consolidation pattern, the less emotional the crowd becomes. Volume typically goes flat and it becomes very difficult to take other traders money in a market like this.
I hope you enjoyed this article and please feel free to leave your comments below. Thank you and happy improved trading.
Lance Jepsen President, GuerillaStockTrading.com Your Trading Coach (because everyone, even Tiger Woods, needs a coach)
Stocks Above I Currently Hold In My Own Trading Account: Long LIFE
Guerilla Trader Quote
“The industry hides good statistics from the public, while promoting its Big Lie that money lost by losers goes to winners. In fact, winners collect only a fraction of the money lost by losers. The bulk of losses goes to the trading industry as the cost of doing business—commissions, slippage, and expenses—by both winners and losers.” by Dr. Alexander Elder Come Into My Trading Room
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