Introduction by ebook's author:
“Discover The Amazing Secrets To A Ten Step Trading Strategy This Work At Home Trader Uses To Consistently Profit From The Stock Market” “A Strategy So Simple Anyone Can Do It, Even A Complete Novice To Trading Working For Less Than An Hour A Month”
I learned what it was that moved the markets, and why over 90% of people who trade end up holding losses.
I learned how and when to buy, and how and when to sell, so that when I was buying I was buying low and when I was selling I was selling high
apparently includes some ‘great secrets’ which very few have figured out for themselves (especially novices)
Not everybody likes that I assume you know nothing about trading. In order to understand the ten steps you must understand very basic ‘technical indicators’, like support and resistance levels. If you know that already I apologize.
Not everybody likes that I leave out so many other important technical indicators, like bollinger bands, elliott waves and something from Fibonacci (the three favorites). The ten steps is structured to be as simple as possible. It doesn’t need to be bogged down with over complication, nor do the users.
Those with an investor mentality don’t like the fact that it ignores complicated company fundamentals like balance sheets, PE ratios and annual reports (to name a few). On the contrary the ten steps strategy uses the only fundamental that really makes a difference.
The dividend re-investment crowd don’t like that you don’t leave your stocks alone and let them grow into mighty retirement funds. My experience with this strategy is why I started trading for myself in the first place.
Some don’t like that it doesn’t take advantage of the sometimes dramatic swings we see during a trading day. Whilst there’s nothing wrong with intra day trading (there are occasions the ten step capitalizes on it), it is very stressful, something which the ten steps proactively avoids.
High octane traders (those who spend their weekends base jumping) suggest it is not active enough. Ten steps is structured so that you only need to work for a few minutes, three or four times over a two month period. You can do more. Ten steps is designed to give you freedom, not take it away.
Some experienced traders suggest beginners cannot possibly trade profitably with any long term consistency using only a ten step formula like this. I say read it first.
It’s about giving beginners to the stock market a simple staircase approach to buy-low-sell-high trading that will maximize the chances of winning and minimize the chances of losing, regardless of market conditions. Even experienced traders who are not satisfied with their results use the ten steps to help refresh their trading approach.
It’s about earning a steady income from a finite amount of capital so that you can build on your nest egg, which remains separate and intact or in some other very low risk investment.
It’s about taking you, one step at a time through a profitable trade, from how to choose your stock, to getting in at the best (and safest) possible time, to getting out at the best (and safest) possible time, protecting your capital along the way.
It’s about understanding how much you should be risking in… Read more…
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