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
|
|
|
|
|
|
|
|
|
|
|


It use to be said that once a company was... Read More
The economic data reported Fri showed continued above trend growth... Read More
Yes, it's the time we've all been waiting for?tax season!... Read More
Mutual fund managers use fake fund names to part you... Read More
You are 55 years old (or somewhere around there) and... Read More
While it is rather rare that value gurus sell stocks... Read More
One important aspect of trading the markets is to understand... Read More
Let's see, he had some oats, fresh alfalfa and his... Read More
There are a number of key reasons why individuals and... Read More
Despite what some people may lead you to believe; day... Read More
By definition, value investing is the process of selecting stocks... Read More
Over the course of the past two months, readers have... Read More
I've been involved in online trading, specifically with stock and... Read More
A way that investors get ripped off and in a... Read More
Do you ever feel like you haven't been told the... Read More
What are the risks?Today, investors are increasingly turning to global... Read More
When it comes time to retire how many people would... Read More
Location ? Once the holy grail only for real estate... Read More
College Savings Plans ? are they the best choice for... Read More
Everyone knows T Rex was the most fearsome of all... Read More
There are several reasons people give for not investing their... Read More
Expectations drive the market. Every stock price is driven by... Read More
The cries are heard from the distance, "I need help... Read More
One of the most common mistakes made by inexperienced investors... Read More
(Please have a glass of water within reach before reading... Read More
To understand stock options, we need to look at Webster’s... Read More
Motivational guru Tony Robbins teaches that the reason for doing... Read More
While there is not a lack of information on annuities,... Read More
The one thing I can think of that most affects... Read More
Angel investors are individuals who invest in emerging business ventures.... Read More
The Moving Average Convergence Divergence charts, or MACD charts for... Read More
Looking Inside Your Tenant's Mind Basic Mind-Reading Report 101 for... Read More
The forex market is what is called an international exchange... Read More


For many investors, and even some tax professionals, sorting through... Read More
There are many different ways to invest in world markets:... Read More
You may like your financial advisor, but is he really... Read More
Let's first understand what maniac means. According to Webster a... Read More
I had the pleasure of being invited on a friend's... Read More
Of the 75 million baby boomers nearing retirement today, many... Read More
The U.S. economic data reported this week showed strong output... Read More
How do you make your investment decisions and where do... Read More
Investments are scary for some people, especially those who have... Read More
Rich people: fortunate, lucky, selfish, and arrogant? Or highly educated,... Read More
For those who have never given their financial future a... Read More
To create momentum in your options trading you need to... Read More
A strategic question. Why indeed?1. A penny share would usually... Read More
Angel investors are individuals who invest in emerging business ventures.... Read More
As a followup to a previous column, "Irreconcilable Differences," I... Read More
Do you have the right temperament?Starting a small business is... Read More
Six or seven years ago, the stock market was booming,... Read More
For a successful retirement investment plan to work in the... Read More
A SEP is a special type of IRA. Under a... Read More
Scams and frauds are designed to take your money through... Read More
What are the risks?Today, investors are increasingly turning to global... Read More
1. Lacking an investment plan a/k/a/ "Don't take a trip... Read More
Whether you're a novice investor or an experienced stock picker... Read More
Young readers know that March 4th is the birthday of... Read More
Find out everything you need to know about buy to... Read More
"You can be poor when you're young, but you can't... Read More
The following perspective on (day) trading comes from my many... Read More
Discipline can be simply defined as your ability to follow... Read More
The perfect company - it's the holy grail of the... Read More
There are three important differences between investing and trading. Overlooking... Read More
The straddle strategy is an option strategy that's based on... Read More
Market timing systems are based on patterns of activity in... Read More
All this talk about Investing is encouraging lately. Over the... Read More
Investing |