One of the biggest mistakes any trader can make is to simply “follow the herd” because they’re looking for greener pastures to graze on.
It takes TRUE patience and discipline NOT to act upon the impulses to buy OR sell just because the rest of the investment world seems to be doing so. And the temptation can be incredible.
It takes a steady hand to stay the course…
Especially when you begin to hear the stories about how much money a certain stock or sector is making at any given time. We’ve all heard the claims. Things like…
“I just made 56% today on THIS stock!”
“You’re still holding that?! You better sell now! It’s about to drop like a lead balloon.”
It’s statements like this that are enough to rattle even the most seasoned investor – but it’s the vigilant that truly survive the ups and downs of Wall Street.
One of America’s most prolific trading minds, Warren Buffett has built a career and one of the largest fortunes in American history by keeping a contrarian eye on the stock market.
His trading strategy is so multifaceted – that we could spend a lifetime debating how he’s been able to make money in even some of the most turbulent economic periods – but if we were to break it down to just ONE core concept it would be this:
When people are buying. Sell. When they’re selling… buy.
Warren puts it a bit more eloquently, saying: “You want to be greedy when others are fearful. You want to be fearful when others are greedy. It’s that simple.”
He doesn’t pay attention to trends or charts. He pays attention to the basics.
Warren Buffett looks for those companies that have a solid foundation on which profits can be built – but he doesn’t always go with whatever is popular at the moment, because “the investor of today does not profit from yesterday’s growth.” (another Buffett gem!)
Meaning if you’re not ahead of the curve… you’re behind it!
Moving today because that’s what everybody else is doing is just poor business sense. Having your finger on the pulse isn’t good enough in the 21st Century’s market…
You have to have a type of financial ESP.
And that’s not something everybody has.
If you find yourself waiting for to see what’s going on in Wall Street before you buy or sell anything instead of being in the right place at the right time BEFORE the rest of the herd gets there – GorillaTrades could be the trading system that takes you from behind the 8 ball.
The risk-adverse profit opportunities GorillaTrades presents could mean the difference between a huge loss and an incredible gain.
Consider becoming a subscriber of one of the most heralded trading services on the internet.
While we may not be able to put you into Warren Buffett’s shoes – we can, at least, show you where he buys them.
To your future wealth!
“Rule No. 1: never lose money; rule No. 2: don’t forget rule No. 1.” – Warren Buffett