Trading Trolls

A troll sent me a comment about a previous video clip where I celebrated making 5% in a stock after holding for a month. The troll said, "I don't see why you are so happy making 5% in a stock after holding it for 4 weeks. Ohhhh... big money, don't spend it all in one place." Worn out cliché aside, this troll must understand a critical fact about investing. This is simply not Hollywood. Trading and investing, I'm talking about genuine profitable stock trading is smaller gains day in and day out, week in and week out, month in and month out, year in and year out. Whatever false idea Hollywood has put in your head about the esteemed and thrilling life of being a stock trader, you have to let it go. You just aren't going to become rich by picking out the next Wal-mart or Microsoft. You need to stop trying to hit a home run with every stock you purchase. Just focus on getting a base hit. How's that for a exhausted cliché? Returning to the troll that was making fun of my 5% gain in 4 weeks trade. Let me do the math. If you start out with just $2,000 in your trading account and make a 5% gain a month, in 1 year your $2,000 will turn into $3,200. In 4 years, your $2,000 will turn into $13,107. In reality, starting out with $2,000 in your trading account, if you make just 5% a month, your initial $2,000 will turn into $2.3 million dollars after 15 years!

Please click here for more information.