It feels good to be right. I like a good I told you so, but the even better part is when it is in internet history forever. Here is what I did…
I am guessing you re-read the article to refresh your memory. Basically, I said this stock is going to tank, make your move, then end it on Tuesday. So what would the end result have been?
You would have made around $4,000 depending on the exact moment that you took my advice.
Pigs Get Slaughtered
The reason pigs get slaughtered is simple… I said sell the stock on Tuesday, if you didn’t wake up and sell the stock you found out what happens. By the end of the day, the stock rose about 2 points, which would have cut your 4% gains to 3%. Well the next day if you ride the waves and get nervous and sell, you really don’t know where the stock is going to be.
When I say no one knows which way the market is going to go, that is a half-truth.
I have obviously proven that I can (after a little education) show you how to pick the direction of the market. All while making money on the shifts. However what I can’t say is when that unrest is going to end.
Tomorrow could be a completely different story. It could cause the decline to continue and thus making us profit. However, the issue is I can’t accurately predict the future.
Riding Swings for Profit
If you were to speculate and be correct only most of the time, you could make an amazing profit. Let’s say you set yourself a goal for a trade like this to happen once a week. You next would put in place a system… news speculation, charts, or anything else. You rinse and repeat every week. What would you profit in a year?
You could potentially see profits of 35% to 50%, which is absolutely insane!
Don’t forget to check out my book: Are You Ready to Invest?
Thanks for reading
PS If you would have actually held the position rather than selling it off (only following half my advice) you would have lost another 1.78% of gains on Wednesday, cutting your profit down even more.