Understanding Stocks
Understanding Stocks
Understanding Stocks
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WHAT I REALLY THINK ABOUT THE STOCK MARKET 179<br />
amount of money and give it your best shot. You don’t need a fortune to<br />
make a fortune in the market. (I know a female trader who turned<br />
$5000 into $500,000 during the bull market.) Even if you make only a<br />
couple of hundred dollars a week in the market, the lessons you’ll learn<br />
will be priceless. As long as you are aware of the risks (that you could<br />
lose all your money), go ahead and take a chance. I still stand by what<br />
I said earlier: Most people should not buy individual stocks (although<br />
buying mutual funds makes sense for many people). Perhaps you’re not<br />
like everyone else (after all, you’re reading a book about a subject that<br />
many people are avoiding).<br />
A Trading Strategy That Works<br />
Now that we nearly at the end of the book, I’m going to do something<br />
different. I’m going to reveal a sophisticated stock trading strategy that<br />
works in both bull and bear markets. It’s likely that you’ll never use the<br />
strategy, and you certainly won’t use it at first, but understanding how<br />
it works may give you an inside look at how some traders attempt to<br />
beat the market.<br />
The trading strategy I’m about to reveal could help you to make a<br />
lot of money, far more than the price of this book. It’s so simple that it<br />
will amaze you, although you must be aware that it’s controversial.<br />
There are a lot of professionals on Wall Street, including many money<br />
managers, who have done everything in their power to prevent people<br />
from using it. It goes against everything that Wall Street has been<br />
preaching for 200 years.<br />
This strategy was discovered by an acquaintance of mine who<br />
worked at a midsized company. I was surprised to see his portfolios<br />
double and triple, easily beating the returns of nearly every mutual<br />
fund. His biggest mistake: A few years ago, he taught the successful<br />
strategy to other employees. Before long, half the employees in the<br />
company were using the system, disrupting work and annoying those<br />
who didn’t participate (there’s nothing more frustrating than watching<br />
coworkers make more money than you). Eventually, the company he<br />
worked for refused to let him use the strategy.<br />
Finally, this strategy is not for beginners. To use it, you must mon-