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Simple Rule for Traders

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. (more…)