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I heard a guy use the analogy of a 3 legged milking stool to describe a successful business. If any leg was missing or weak the stool falls over. In this instance the legs were 1. Marketing 2. Finance 3. Technical know how of the actual business. If trading is a 3 legged milking...

January: Learning To Trade! Gonna Make a Million! February: Got a email from Wingit Trading Systems, Their system wins 89% of the time, Million$ Here I come! March: Finally Took the plunge and subscribed to Wingit Wizard Trading System, Will just paper trade for a while...Will Pack in Day...

"Let's say I buy a stock at $11, which my analysis shows should go to $13 in about two weeks. Instead, it drops down to $9 about two days later." I know this is probably a hypothetical question you asked but I am worried about your whole approach. I personally don't know where a stock...