Article Categories
» Arts & Entertainment
» Automotive
» Business
» Careers & Jobs
» Education & Reference
» Finance
» Food & Drink
» Health & Fitness
» Home & Family
» Internet & Online Businesses
» Miscellaneous
» Self Improvement
» Shopping
» Society & News
» Sports & Recreation
» Technology
» Travel & Leisure
» Writing & Speaking

  Listed Article

  Category: Articles » Finance » Investing » Article
 

Online Stock Trading Strategies: The Shocking Facts




By David Jenyns

It's bad enough that just over 80% of all online investors lose money from day one. It's even more disheartening that only a small fraction of the remaining 20% ever make consistent profits over time.

So, why do so many online stock traders fail?

Ironically, they plan to fail!

They have no trading plan to begin with. They lack prudent judgment. They have no concept of risk management. They don't understand volatility. They're driven by greed or fear. They falsely believe that intuition has a part to play in their trading outcomes.

And, worst of all,

They lack the patience and discipline to employ time proven online stock trading strategies when they're needed most.

As a guy who also once paid heavily with his own hard earned cash for ignoring the value of implementing sound online stock trading strategies, you can take it from me, there are no medals for ignorance in this game!

If you truly want to succeed at online stock trading, then you need to realize 'quick smart' that you cannot afford to be so foolhardy as to believe that you'll get it right every time. I don't care how good you were at maths,or how many insider traders you know.

It just aint gonna happen!

The REAL secret to online stock trading success lies almost solely in your willingness to seek out and utilize proven, rigidly structured online stock trading strategies and stick to them, no matter what!

Assuming that not all of you reading this article are seasoned pros when it comes to online stock trading, let me give you some well intentioned, light hearted advice:

If you believe you're a brilliant trader because you doubled your money in your first and only trade, you're deluded!

If you doubled your money in your first two trades, you're a genius and I seriously question why you're even reading this article!.

If your next door neighbor's best friend's boss's cousin has a hot trading tip about a penny stock that's about to 'explode', wish him well, and then go buy a lottery ticket, because unlike the hot tip, you'll only lose TEN bucks!

If, on the other hand, you're simply hell bent on improving your trading skills as well as arming yourself with powerful, profit pulling online stock trading strategies, seek out an online stock trading coach and mentor who has the credentials and patience to teach you what you really need to know.


 
 
About the Author
Discover How Nicholas Darvas, A 25 Year Old Ballroom Dancer, Turned $25,000 into $2.25 million ... A Remarkable Trader, A Remarkable Amount Of Money And Remarkably Easy. http://www.nicolasdarvas.org/

Article Source: http://www.simplysearch4it.com/article/38527.html
 
If you wish to add the above article to your website or newsletters then please include the "Article Source: http://www.simplysearch4it.com/article/38527.html" as shown above and make it hyperlinked.



  Some other articles by David Jenyns
How To Overcome The Hidden Perils Of Discount Online Stock Trading
If it sounds too good to be true, it probably is Unfortunately, that tired old cliche' applies to an alarming number of discount online ...

Free Online Stock Trading Information Makes Trading Even More Profitable
Since the late 1990's, online stock trading has grown from humble beginnings into a burgeoning worldwide money making machine; and it's poised to get even bigger as advances in stock ...

Day Trading Stock Online: Basic Techniques For Beginners
Day trading stock online is real seat of the pants stuff for all participants, but none more so than for ...

Online Stock Trading Education: Why It Could Be Worth Millions To Go Back to School
'School, yes... but not as we know it, Jim.' What I'm talking about here is... 'Specialist coaching, mentoring and tuition for up and coming online stock ...

Online Stock Trading Software: 5 Trading Tools You Can't Afford To be Without
The advent of online stock trading software in the late 1990's - early 2000's precipitated a surge in stock trading the likes of which ...

Tips For Online Stock Trading: 3 Surefire Ways To Maximize Your Profits For Minimal Outlay
Online stock trading can be the most profitable or most 'cash sucking' form of investing you can ever get involved ...

  
  Recent Articles
Making an offer on an Irish Property
by Clint Jhonson

How To Search California State Tax Lien Records
by Zach Parker

Buying a House at Auction is Very Good Investment
by Kotia Kot

The Future of Gaming is here, why the Video Game industry is reaching new highs.
by Jonel Cordero

All The Relevant Details About Remortgage Quotes Uk
by Turk Malloy

How Investment Property Helps You Retire Early
by Marian Rozwenc, PhD

How To Overcome The Hidden Perils Of Discount Online Stock Trading
by David Jenyns

Advantages of Long Term Investing and Compounding Interest
by Ohad Livne

When And When Not To Use A Stop
by Larry Potter

Passive Investing - How To Grow $250.00 to $250,000.00
by Gil Washington

Notary surety bonds preventing failure
by rick martin

Online Trading India - Investment at Kotak Securities!
by Tanya Lobo