Here's the thing. There are lots ways to make money in the stock market. There are even more ways to lose money in the stock market. It's like that old saying. The best way to make a small fortune in the stock market is to start with a big one.
Okay. So now that I've thrown a big bucket of cold water all over stock trading, let me cheer you up. The way to succeed in the stock market is to just focus on a good method. Find a way to trade and just stick with it.
The biggest reason for failure at any activity is simply lack of focus. Okay. The other big reason for failure in stock trading is not having a sound method. Well, buying a stock that has the price bouncing off of the 50% Fibonacci line is a sound method.
Okay?
It's a good way to trade.
Now you just need to make the decision to stick with it. Focus on it. In that way, Fibonacci is the secret to stock market profits. As the price is approaching the 50% line, get ready to buy. Or short the stock if the price is going the other way. There is no magic to Fibonacci trading. It's just about applying a filter to trading.
Oh, and the simplest way to find good stocks is to use the services of stockfetcher.com. It is a paid service. About $9 per month. No I don't profit from recommending that to you. I just like it and use it myself, so I recommend it to you.
Do you want to learn more about how I do it? I have just recorded a 25 minute CD called "How To Pick Winning Stocks - The Secret Formula"
Request your free copy here: Click here for your free CD
Source: www.isnare.com
