I submit that the successful day trader would profit well to adopt a casino mentality. At first glance, this sounds reckless and nothing more than a gambling attitude - but it's not. Why? Because everyone knows that it's the casinos that profit and take in all the money on a consistent basis. And, of course, the patrons end up losing even after brief winning streaks.
If you want to profit in the market, ask yourself this question:
1. What do successful day traders and casinos have in common?
As a day trader, what if you were the casino - that is, on the winning profiting side. You could expect to profit consistently. You would be unperturbed by an occasional drawdown (like the casinos when someone hits the jackpot), because you know that you potentially will make it back and more.*
This is what successful day traders and casinos have in common; they both have a winning system that clearly puts the odds in their favor. The more they "play" or stick with the profit system of their choice, the more likely a positive outcome. It's only a matter of time, because the odds are in their favor.*
By thinking like the casino and not the hapless gambler, getting on the right side of the table, putting the odds in your favor, and working the system, the day trader can tap into the same phenomena that built Las Vegas and run away with a killer profit.*
If you would like to learn more about becoming a day trader and you have a computer and a burning desire to seize success, then you have what it takes to personally unearth Bill's Astonishing, step by step trading secrets... BUT ONLY FOR A LIMITED TIME. http://www.instantprofitstoday.org
|
|
|
|
|
|
|
|
|
|
|


You don't HAVE to be trading.As a novice trader, you'll... Read More
For many investors, and even some tax professionals, sorting through... Read More
The world of trading can get very complex because the... Read More
Investors are always looking for the best investments that will... Read More
In an ideal world you would start your working career... Read More
First of all, I want to give everyone the disclaimer... Read More
Grading coinsThe condition of a coin is commonly summarized by... Read More
You all know what CYA stands for. Of course, Cover... Read More
Death and taxes! The certainties of life! And then, of... Read More
You are 55 years old (or somewhere around there) and... Read More
There are many different ways to invest in world markets:... Read More
"Risk comes from not knowing what you're doing!" Warren Buffett... Read More
Let's first understand what maniac means. According to Webster a... Read More
Q. What is a basket?A basket is a group of... Read More
Investors are still too slowly realizing what the academics have... Read More
Motivational guru Tony Robbins teaches that the reason for doing... Read More
Typical day traders and swing traders look for stocks with... Read More
Agonizing displays of poor theatrics failed to entertain my mind... Read More
There are several reasons people give for not investing their... Read More
Who is the SEC and why should I ask them... Read More
Have you considered buying a franchise instead of trying to... Read More
Okay, so I can tell you I have sat in... Read More
There maybe several reasons why you to want to invest... Read More
For most people, there is a direct correlation between how... Read More
It is important to answer the following questions before you... Read More
I've been involved in online trading, specifically with stock and... Read More
I'm sitting here at my computer desk with a cup... Read More
When you invest, it simply means that you are putting... Read More
About thirty years ago, statisticians armed with all of their... Read More
It caught my attention when I heard an analyst on... Read More
By definition, value investing is the process of selecting stocks... Read More
As far as traders go, many do not see the... Read More
Some lines from a movie never leave your mind; I... Read More


Motivational guru Tony Robbins teaches that the reason for doing... Read More
The Federal Reserve recently raised its target federal funds rate... Read More
Stock trading strategies are as rampant today, as they were... Read More
With the stock market in steep decline, people are looking... Read More
The financial characteristics of the automobile dealership are attractive:". .... Read More
If you're like many Americans over the age of 55,... Read More
Find out everything you need to know about buy to... Read More
All this talk about Investing is encouraging lately. Over the... Read More
Have you considered buying a franchise instead of trying to... Read More
There are several reasons people give for not investing their... Read More
Those unfamiliar with the process of making and managing investments... Read More
Expectations drive the market. Every stock price is driven by... Read More
Most People just don't understand the power of using their... Read More
Sometimes you spend sleepless nights worrying about which stocks to... Read More
If you own a company that sells complicated products and... Read More
Real Estate can be a useful tool for investing. The... Read More
This article was originally featured in Daryl Guppy's 'Tutorials in... Read More
In less than four years, the price of oil has... Read More
A Savings Incentive Match Plan for Employees plan, better known... Read More
In 1519, Hernando Cortes, beached on the shores of unexplored... Read More
Do you have the right temperament?Starting a small business is... Read More
When it comes time to retire how many people would... Read More
"You can be poor when you're young, but you can't... Read More
The Moving Average Convergence Divergence charts, or MACD charts for... Read More
The following lists of questions are suggested questions to ask... Read More
If you're like many people, your retirement savings have not... Read More
There is one indicator more than any other which determines... Read More
Typical day traders and swing traders look for stocks with... Read More
Seniors on fixed incomes face a unique problem. Where do... Read More
What are the risks?Today, investors are increasingly turning to global... Read More
Margin is one of those things that novices find puzzling... Read More
The first point to mastering money management is that you... Read More
Investing and Trading are not the same thing. The returns... Read More
Investing |