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Making Money In The Stock Market - Mike Swanson (08/24/09)

Submitted by Mike Swanson on Mon, 2009-08-24 08:58.

A lot of stuff is happening today. One news story that has caught my eyes is the Stompernet Lawsuit - Andy Jenkins Leaves Stompernet. But I know you are paying attention to the stock market.

Have you already figured out your stock trading strategies for all the new technologies that are popping up on the market? Nanotech, biotech, healthcare, financing, energy resources and communications, all are the hot new stock picks of 2009.

If you really want to become a successful day-trader, it's vital to know how to pick and choose your stocks to ensure that you are making the best decisions. Though all smack of promise, you have to seriously consider the risks that lie behind many of them. Some may appear better than they really are.

In these tumultuous times, market veterans rely on trading the "happening" stocks, riding their wave to a quick and effortless windfall. By always keeping your eye - and your portfolio - focused on the big new things breaking out on the exchange, you can turn some quick time, and a minor outlay, into a sizable nest-egg in the blink of an eye.

Sure, momentum stocks aren't all that you'll find in any successful trader's portfolio. They are, however, key money makers if you know how to use them properly, going long or bailing out, depending upon their performance that day.

Too often, the day trading biz gets bogged down in numbers, percentages, codes and other confusing mumbo-jumbo. Pay too much attention to it and you might miss out on a prime plum just waiting to be picked. When you decide to throw in with the day-trading crowd, remember that first and foremost, simplicity is your best friend.

Mastering the art of buying and selling, you can consistently count on a great return. After all, stock trading strategies are nothing more than plans for taking advantage of the best opportunities the trading day has to offer.

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Hello. My name is Mike Swanson. I’m the best-selling author of the book Strategic Stock Trading. In a former life I used to run a hedge fund from 2003 to 2006 that generated a return of over 78% during that time frame. In fact it was ranked in the top 35 out of 5,000 hedge funds in 2005.

After I retired from the hedge fund world I setup this website and blog. If you sign up for my free weekly email list below I’ll send you an update on average about once a week on my views of the current stock market trends and share with you actionable investment ideas.

Now I cannot promise you that every stock I find will go up in value. I can’t promise you endless 100% returns as others claim they do and as all the disclaimers say past performance does not necessarily predict future performance and you can lose all of your money in the stock market.

This is reality.

What I can promise you is my dedication to doing the best I can for you.

You see the key to making money over the long-run in the stock market is to manage your risk. Once you sign up to my newsletter I’ll send you a series of educational videos and writings showing you how I use stop-loss orders to cut any potential losses and how I use my two fold formula system that combines fundamental and technical analysis to pick stocks. My goal is to risk one dollar to try to make at least three dollars in my trades by looking for stocks that are priced cheaply on a valuation basis, have high earnings growth, and have excellent chart patterns.

So join my list below and let me help guide you on your journey in the stock market.