Simple Stock Trading Formulas: How to Make Money Trading Stocks
By: Billy WilliamsEach year, millions of aspiring stock traders still come to the stock market but fail to achieve any meaningful success despite being armed with the latest indicators or some expensive stock trading system.
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Book DescriptionAs a frequent contributor to Futures Magazine, MoneyMorning.com, Traders.com Advantage and other top financial publications, I know from experience that stock trading offers enormous profit potential for traders if you have the right tools for success.
But, each year, millions of aspiring stock traders still come to the stock market but still fail to achieve any meaningful success despite being armed with the latest indicators or some expensive stock trading system.
There are two main reasons: One, they lack a proper foundation in the study of price action and, two, they lack a method to show them where to find trading opportunities and when to pull the trigger.
Price action is the language of the market that is spoken to you each day through price charts and, if you understand what its trying to tell you, then you'll never lack for low-risk trades again.
But, you also have to have a stock trading method that provides a set of rules to show you when a trade is setting up with the least amount of risk combined with the highest probability of success.
Without understanding either of these concepts, you're chances are slim that you'll succeed.
But, if you have the patience, drive, and discipline to apply a few simple rules along with sound fundamental and technical analysis, then the odds are on your side that you'll succeed.
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