You can follow the trend or be a contrarian and go against the trend.
A market can either go up (the price of stocks increase) or go down (prices of stocks decrease). The best way to make a profit is to follow the trend and on the long run you will make money when you use proper money management methods.
You have more than 50% chance that you are right when you follow the trend, the trend is your friend so stick with it.
Please look at the picture at the right and tell me what the trend is? It goes a bit up and down and so on, but clearly the trend is up.
When you want to see the trend visually, you can take a look at MarketClub, I've put a banner under this article, so if you want to check it out, they have a 30 day risk free trial.
We try to identify good entry points into individual stocks and also try to make you a better trader.
At the moment we like gold and silver mines and oil. The mines we try to pick are the ones we feel have the best potential to go up in the not too distant future. Whenever we like a stock we will post it on the blog and will give a summary together with an entry, exit and stoploss point.
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