[HOME]
Sign-up for our 21 day free trial!

The contents on this page are a small sample of StockTradersHQ's member resources (FREE Trial!)


1. Our staff of professional technical traders analyze 1,000's of potential stocks every day to provide you with a list of stock picks with the greatest potential for explosive gains.

2. These stockpicks are traded with our real-time portfolio. Email alerts are sent for every entry and exit. Through the member-only website, you will have our support every step of the way.

3. Our subscription service provides all the resources, stock picks and tools an investor needs to make very profitable, consistent trades while maximizing gains and minimizing losses.

SEE OUR TOP PICKS FOR 2006...
The Gambler

In his song The Gambler' Kenny Rogers sang You've got to know when to hold them.  Know when to fold them.  Know when to walk away.  Know when to run.  While we're not playing cards here we are in essence gambling.  Any time you put money down on the direction something is going to take you are betting.  The herd is like the group of people you see at the slot machines.  They have no system at all they just sit there hour after hour pumping money into machines (stocks) hoping that one will pay off big.  It's an enormous rollercoaster of emotions.  

The real professionals are playing games with less chance involved; they find the scientific games in the casino and stick with those.  They know the odds and they choose the games (stocks) that give them the best odds of winning.  They do this by choosing the best charts and leaving emotions at the door.   Ever hear of a poker face' Professionals put on their trade face'. 
 
Know when to hold them.  Know when to fold them. 
When you first buy a stock and it goes up a few pennies I see a number of people who are ready to sell.  Same thing when it drops a few pennies.  What everyone needs to learn is when to hold those stocks and when to fold them (sell).  I've mentioned the use of stop loss orders to protect profits and to prevent a huge loss of capital in case of a breakdown.  Hence my constant reminder of sell your losers quickly and let your winners run. But stop losses that are too tight can whipsaw you out of a potential big winner.  

Know when to walk away.  Know when to run. 
There are days when the market just isn't going to cooperate and it's not worth risking your capital to trade.  So you've got to know when to walk away from your trade screen and go enjoy life.  I have mentioned many times before that we don't always have to be in the market.  We can lock in our profits go to cash and wait out the bumps.  We can then return after the carnage when times are better to trade.





Copyright 2003-2006 StockTradersHQ.com is owned and operated by The Winners Edge a subsidary of DMC Systems LLC. All rights reserved.   This web site is optimized for Internet Explorer 5.0 or greater!DISCLAIMER  [Articles| Bulletins| Charts]

^GoTo Top^