To receive my complimentary newsletter please submit your email below.
The title to this article may shock you, coming from a guy that sells trading education, but I've been at this a good long while now and I don't know it all. I do know some ways to make money trading ETFs; and I know some ways to lose money trading. One sure way to lose is to skip from strategy to strategy, never staying long enough to master one. From my experience trend following is the one to master.
When you focus on finding, learning, practicing and mastering a trading strategy that conserves your financial, emotional and time assets, you win. When you fritter away your money, attention and brain cells, you lose. Choose one method and then commit to it.
When you start specializing, you gain massive clarity and focus. This clarity provides tremendous confidence as you catch the trends on the way up and short them on the way down. My system has the potential to make money no matter which way the market moves.
Over 68% of the reason any one stock's price moves is sector-related. When you start thinking in terms of sectors and trends instead of individual stocks, you gain emotional control and mental focus. That feeling of overwhelm as you scan the thousands of publicly traded stocks, in thousands of Mutual Funds and ETFs can be narrowed down to the 46 sectors and a few indexes.
This one shift will save you hundreds of hours of research and market watching each year. My advanced students only watch 20-40 ETFs, but you can still make great gains only trading a few ETFs.
When you specialize, you develop clarity and focus. This translates into the confidence you need to buy on the way up and sell short on the way down.
Get clear about where you want to spend your time and energy. Refine your approach and get a feel for how to trade. Mastering this will make it so much easier to master your emotions when trading.
To slow and steady growth,
Big A
www.ETFtrendtrading.com
800-743-0385
Required risk disclosure: Past performance does not guarantee future results. To read the full risk disclosure please click here: http://www.etftrendtrading.com/risk-disclosure.html
|