(Return to Current Free Newsletter)
March 26, 2007
In this week's free
newsletter, we'll look at different aspects of trading that require
Goodness &
Greatness.
In trading, like many other things,
you can do very well for yourself by being GREAT at just one
thing and very GOOD at everything else.
Getting Good
Any trader who is willing to
develop and improve their trading methods can eventually find the path to
success, but most find that there are many avenues to travel before
getting there. Building up a nice-sized arsenal of trade types can take
time, but it's possible. To get good, there are several challenges to
undertake:
-
Work the charts in search of
your bread-and-butter plays.
-
Understand market sentiment and
how it's impacting individual stocks.
-
Identify sectors which are
outperforming or underperforming to build your trade lists.
-
Seek out leadership stocks for
go-to plays when the time is right.
Getting good at all of these things
will help to round out some of your daily needs as a trader. But once
you've found a method that encompasses these traits, the work isn't over....
Choosing Greatness
Becoming good at multiple aspects
of trading isn't enough to get you to where you want to be. At the end of
the day, you've got to be GREAT with your discipline.
Great discipline will keep you
winning in markets that suit you, and it will keep you in the game in
markets that aren't your favorite. Great discipline will help you to
respond to the multitude of curve balls the market will inevitably throw in your
direction. Great discipline will even help to keep your attitude on track,
no matter what kind of luck you've faced. The key is to include in your
trading plan some "safety nets" that circumvent your own weaknesses and
embrace your personal strengths. It requires a great deal of
internal honesty with yourself, which we'll look closer at next week.
Add some Greatness to your
trading!
Start your
Membership
today!
"Stock Bandit, your calls have been right
on and have generated some big winners for me. You have a great strategy -
look for charts with the perfect setups, take small losers if they don't work,
and let the winners run big. I have subscribed to a lot of services that
were pure bull. You are the real thing! Keep the winners coming." -
Mark M., TX
COME TRADE WITH US!
Jeff White
President, The Stock Bandit, Inc.
www.TheStockBandit.com
The Stock Bandit, Inc. - 17460 IH-35 N. #160, PMB 240 - Schertz, TX 78154
Copyright 2004 -2006 The Stock Bandit, Inc. All Rights Reserved
| 
