The really good trading opportunities don’t come along too often. The vast majority of your trades will most probably fail. Those that do make you money will be in the minority, yet you can make a lot of money by failing more than 70% of the time. It may sound absurd to most people but the reality is that you absolutely can be very successful at trading by seeing only small percentages of success.
The secret is in making the most of trading opportunities. The opportunities where you can buy low and have stocks rake up 500% plus ROI’s are not that common but when it does come along you need to be ready and make the most of it. You need to cut your losing trades as quickly as possible and limit your losses to under 5%. This way you will almost never really lose. Its a numbers game and seeing the opportunities when they do come along. Read more about online share trading…