Good Morning!
90% of traders lose.
That statistic gets thrown around a lot — probably because it's true…
If trading was easy, everyone would do it.
The truth is that trading's hard. And most traders fall victim to crucial mistakes.
But once you know what the 90% of traders who lose are doing wrong, it can help you can avoid being part of that brutal statistic. So today, I'm sharing what I think is the biggest mistake losing traders make. Plus, I'll give you my rules and tips to help you avoid the same fate in the future…
Learn all my lessons in real time — join the SteadyTrade Team today!
Why 90% of Traders Lose Yesterday in the SteadyTrade Team morning webinar, Sunshine Biopharma, Inc. (NASDAQ: SBFM) was one of our top watches in premarket…
It's a sketchy low-float biotech stock that announced cancer news. It was also the chat pump du jour.
At the open, it was up roughly 150%!
You might wonder, with those kinds of big percent gains in penny stocks, how can 90% of traders lose?
Because they trade stocks like SBFM like this…
They buy in premarket, at the open, or whenever a chat room 'guru' sends out the alert…
And they hold.
That's it.
They have no strategy, no profit goals, no exit plan...
They see these crazy big percent gainers and think, "What if it goes to $8? Or what if it goes to $10?!"
They don't want to miss out. And small gains aren't good enough for them.
They want to buy a sketchy low-float biotech like SBFM for $2 and have it turn into the next Moderna, Inc. (NASDAQ: MRNA) overnight.
That's not reality, folks.
And that's why this is an important lesson… How to Be in the Top 10% While I explained the rules that apply to trading SBFM, a SteadyTrade Team member asked, "What If I'm already in SBFM from $4.60?"
Here's what I had to say…
First, that was an aggressive buy, but congrats. Second, take your profits and look to reenter if it holds up.
And that was exactly the right way to trade SBFM… SBFM chart: 1-day, 1-minute candle — courtesy of StocksToTrade.com When you're up roughly $1.50 per share in premarket…
… in a sketchy low-float biotech that was trading around $2 on Monday…
… and it's a chat pump…
You've gotta take profits.
I can almost guarantee that 90% of losing traders and chat sheep didn't take profits. They won't sell until they're breakeven or red…
You don't have to make the same mistake. You can take safe trades if you follow some simple rules, like…
Buy in premarket, sell in premarket. When you see profit, take it. Nine out of 10 chat pumps fail at the open.
Those are just some of my rules. You don't have to follow them. But they work for me.
And if my rules and lessons can protect one trader from losses or help them lock in profits — it's worth it.
But I can only help you if you put in the work. Show up every day. Watch webinars and ask questions in the chat room.
I give traders my safest plans and top mentoring tips and lessons every trading day in the SteadyTrade Team. Join today, and I'll see you in chat!
Stay steady. See you back here tomorrow.
Tim Bohen Lead Trainer, StocksToTrade
sponsored The first time Mark tried to grow a small account to six figures he turned $3k into $100k in just 3 months…
The second time he did it in just a month and a half! And he's getting ready to do it again...
sponsored
If you're worried that the best gains in crypto are long gone…
Or the economy…
Or the crazy stock market…
All your worries could be wiped out with this opportunity…
Recommended Membership Gifts
ACCESS NOW: Click to activate these complimentary membership gifts and receive daily market intel.
(As an Amazon Associate, we earn from qualifying purchases.)
13809 Research Boulevard, Suite 500, Austin, TX 78750
*Please note that these kinds of trading results are not typical. Most traders lose money. It takes years of dedication, hard work, and discipline to learn how to trade, and individual results will vary. Trading is inherently risky. Before making any trades, remember to do your due diligence and never risk more than you can afford to lose.
This is for informational purposes only as StocksToTrade is not registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund.
StocksToTrade cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing.
StocksToTrade in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, StocksToTrade accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.
Copyright © StocksToTrade.com |
Rabu, 06 April 2022
Why 90% of traders lose
Langganan:
Posting Komentar (Atom)






Tidak ada komentar:
Posting Komentar