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Here at TecNasty.com we like to say get in early, get in often, and take your profits. If you believe trading is a battle and only the well prepared win, you've come to the right place.
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The world is changing, everyday more people are taking responsibility for their income. Gone are the days when you called your broker and asked for advice on what to do with your money. Gone are the days when investing in a blue chip, well known company was the accepted practice for a secure future. Today people want and require to be informed about where their money is and how it's spent. People want to feel like win or lose they made the decision to buy and sell not some guy behind a desk collecting commissions off them regardless of the clients profit or loss.
The electronic exchange has turned the world of investing into a living breathing thing that the people control win or lose and more people are winning with strong trading strategies and backed by the information charts and the Internet can provide them on making intelligent buying decisions. Like the milkman before him the broker is a dinosaur, whoever thought putting the word "broke" in the name they call their adviser must have had some real insight because many accounts handled by these guys are heading that direction broke.
I for one care about my money and have worked hard to obtain it. I will be responsible for its success or failure in the market and I will be its "profit maker" not its broker. I'm a TecTrader.
Regards,
TecNasty
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Take Your Profit
First things first, I'm really pumped at how hard people have worked to break old habits and start new ones with successful charting techniques. The hardest habit to break is loyalty and promise of bigger things to come. I feel many of you have taken a step in the right direction.
Not taking profit is the same as setting your money next to an open flame it may not burn but why take the chance. There is a sound reason we made Rule#1 of the Tec’s Top 10 Take Your Profit. Simply put it doesn't count until it’s in the boat. It's fun to tell others success stories about how well you are doing in the market. Try this instead start telling your failures you will see how much easier taking profit is when the fun of talking about your favorite stock is whisked away. Instead of being up biggley you’re holding bag.
Loyalty and Promise why are these habits hard to break? Its human nature, we are loyal to those who have rewarded us and treated us fair. We are optimistic about the promise of a better day ahead and loyalty will often feed these thoughts. I will say this now and I will have to repeat it later. If you want to be a successful TecTrader and you want to be your moneys Profit Maker then you must leave emotion win or lose out of the stocks you trade. Hope is good in most cases; hope in the stock market is a recipe for disaster. Instead of taking the profit you earned with good charting and DD, you will watch you’re profits fade away while you join bag holder support groups talking about how this is only short term and soon everybody that waited will be rich. If you have some time, go see a few investors in Seaway Valley Corporation.
We teach short term, chart-based, non-emotional techniques for making money off the stock market. Nobody is 100% right on the market, even with the help of charting. The reason we chart is to increase our odds of success and ignore the pump and dump schemes of penny stocks. We take profit to protect and conserve capitol. At the end of the day it’s all we have to trade. Loyalty and Promise won’t buy a position in another company.
Do yourself a favor and always Take Your Profit!
TecNasty & Epic Stocks