The Big Money is in the Big Stock Moves
Hi
Mark Crisp here
http://www.stressfreetrading.com
10th September 2007
Well right on cue after almost aone year bull market the stock markets are heading south. No point in gettign mad about it.
That’s the way it works. It’s cyclical. So oyu either learn to trade in each cycle or you have one method and wait. I prefer the
one method approach. Why? Becasue trhe big money isn’t made by jumping in and out of stocks for small moves. The big
money is amde by picking the VERY BEST STOCK in each market cycle and riding that stock to the end.
I used to “trade” for small moves. It can be gratifying. A quick 10-20% here and there and you feel you are doing alright.
But it’s the wrong thing to do. For one you have so many losing trades it takes a big chunk out of your winners. Secondly,
it’s pure bad trading to take a quick 20% profit on a stokc that goes onto make 500%+ gains ove the next year or so.
In the past 4 years I have recommended stocks like: TASR, HANS, TIE, ICE and CROX
I have “begged” peole to hang on for the big moves. not to cash out with small profits. Some do. Most do not.
It’s actually a very difficult thing to do. But it’s where the big money is made. (see www.sixmillionstocks.com)
Momentum Stocks to keep your eyes on :
CROX,
BIDU,
MA,
DRYS
Until next week.
Keep well.
Regards
Mark Crisp
