Your Stock Screening Process Is Probably Terrible
In the 80's, the Wall Street firm I worked at taught me to work all day. I eventually became a Nasdaq Market Maker but I hated that grind of working for other people, which is why I packed up and moved to Colorado. But I brought that work ethic with me. I look back at it now and shake my head. Click here for my new video about fixing trading mistakes and limiting the time you spend dealing with stocks. Are you old enough to remember the SOES (Small Order Execution System) boom in the late 90's? That was the all-day-long day-trading fad. I even taught people how to do it with a collection of training videos, to try to stop people from wrecking themselves. In fact that's how Superior Information started. That amount of work is maddening and unsustainable over the long term. It was also LESS profitable than what I do now, which takes just a few minutes a day. In fact, study after study shows how much of a beating day traders take, especially when they make several trades a day, trying to play support and resistance off of up, down and sideways channels. They get eaten alive by head-fakes, emotions, news and commissions. If that's you, and you have some trading experience and discretionary risk capital to trade with, then ... Click here to find out why your current stock picking strategy is probably terrible - and how to fix it. Trade well, Jack | |
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