Now, it's a silly sitcom, and who knows if the writers were trying to make some super deep point, but I actually think Ron's advice is sound wisdom we could all learn from.
You likely know by now that the Perfect Apple Trade model focuses on trading only one stock over and over again. I mean, it's right there in the name!
But you might not know why I decided to focus on just one stuck.
The advantage of trading just one stock, and not a random stock, but the biggest and richest tech stock in the world (although Microsoft is biting at their heels with the run it has been on) is exactly what Ron talks about: focus.
We get to learn everything about Apple and take it all into consideration when we trade.
Headlines, patterns, seasonality charts, etc.
You could never know all of those details for any random stock you might want to trade with some other system.
But you actually can learn them if you're focused totally on one stock!
Now, of course, I'm not saying every trader should only trade one stock all the time. That'd be silly.
In fact, I'll let you in on a little secret: I've traded other stocks before, too. Shocking, I know.
But when it comes right down to it, the best and most consistent success I've been able to find has come from trading the Perfect Apple Trade system.
Have we eliminated risk? Of course not. Do we sometimes place winning trades? Of course we do.
I'm not trying to tell you that focusing on one stock will give you some kind of bulletproof success system. That doesn't exist.
I'm just saying that when we follow sound advice, focus on what's most important to us, and really nail it, we can see some pretty incredible results.
Hope you're doing great today and have a wonderful end to your week.
Trade safe,
Micah |
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