Stock Investing Trolls

A troll sent me a comment about an earlier video clip where I celebrated making 5% in a stock after holding for four weeks.

The troll said, "I don't see why you are so satisfied making 5% in a stock after holding it for 4 weeks. Ohhhh... big bucks, do not spend it all in one place."

Completely maxed cliché aside, this troll really should learn a crucial reality about trading.

This is simply not Hollywood. Stock investing, I mean true 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 notion Hollywood has placed in your mind concerning the esteemed and exhilarating life of being a stock trader, you need to let it go.

You aren't going to become wealthy by finding the next Wal-mart or Google.

You have to stop trying to hit a home run with every stock you purchase. Simply concentrate on getting a base hit. How's that for a worn out cliché?

Returning to the troll which was making fun of my 5% gain in 4 weeks trade.

You should crunch the numbers. 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. Actually, 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!

The truth is that most amateur traders feel that making 5% on a monthly basis in the stock market is not very good. Amateurs have fantasies of making a million dollars easily. Hence they are suckers to penny stock ripoffs that promise one-thousand percent gains and more. The fact is, scams involving pump and dump low liquidity stocks are all over the Internet and are among the most repeated litigation by the SEC.

Do not misunderstand me. There are many strategies to make money stock trading. The single thing that all the many ways of making money in the stock market have in common is they all take decades. Anyone who offers you simple and fast riches in the stock market is somebody you need to have absolutely nothing to do with.

Everybody who trades for a living has something in common. They've built up their fortune over many years. Real profitable stock trading is very monotonous. It can't be made into an entertaining motion picture or book. There's nothing prestigious or romantic about stock trading. It is a bare knuckles, dog eat dog brawl.