Stock Trading Tip

The Best Stock Trading Tip I Can Ever Give You: Don’t Believe Any Stock Trading Tips!

It’s amazing to me the way some people approach stock market trading and investing. Especially when it comes to relying on stock trading tips.

These tips come in all shapes and sizes, and from many different sources – now more than ever in our age of “Information Overload”. We are bombarded by stock trading tips from newsletters, the Internet, coming over our faxes (which is actually illegal now if you never asked for them!), cable TV, radio, mail solicitations, magazines, from people at cocktail parties, from the cab driver and shoeshine guy (OK – that’s getting a little obsolete now) and even as spam over our email, disguised as personal mail!

But here’s one of the worst places you can ever receive stock trading tips, and one that more people rely on than any one of the sources above. And that is your personal stockbroker.

I won’t get into the many reasons why that is true, but suffice it to say, your stockbroker is NOT your friend, at least 99% of the time.

It’s a sad fact, but there are certain people in the world who take much more time planning out a simple family vacation, or doing research on what car or major appliance to buy, than in doing the necessary (and extremely easy, once you know how to do it) work in deciding the best places for their investment or trading capital.

I guess most people are just naturally lazy when it comes to this. Or maybe they just don’t think they have the ability to go out and find these great stock investments and trade setups on their own.

So they rely on these spurious stock trading tips. And then wonder why they don’t make money in the stock market. They call stock trading “gambling”, and say things like “you just have to be lucky” to make money in the stock market.

The funny part is, this has been going on for decades. That’s why I think human nature must be somehow involved, since human nature never changes.

The most injurious use of these so-called stock trading tips is when they are based on some sort of “inside information”. As if the average person can have access to that! Besides, if you act on “inside information” and it really is that, you can go to prison! (Just ask Martha Stewart).

I do not know of a single case where anyone has been able to make money consistently by following information of this character, even when the information comes to him first hand.

If everyone only knew how easy it can be to find market-slaying stocks on their own, without relying on these fantasy tips and false hopes. And that just happens to be our mission here at Trade Your Way To Wealth!


Click Here to Trade Your Way To Wealth

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