Never Play By Their Game

I would understand that some people would trade foreign currency. There is just no other way to make money in the currency market because of its volatility and the uncertainty of countries that could easily effect it. But in stocks, I see no reason to trade it. It doesn't make any sense. If there's only 1 position that you can take to make money in the stock market, and that is to buy a stock, why the hell would you even bother to sell it? To lock in profits? Then what? Enter the trade again for more commissions?

Many newbies in the stock market here in the Philippines get devoured by the traders that has been long in the game. They attend seminars and they have been taught how to trade just one way, so everybody sees the same chart as they. They interpret the same chart as they. This is very dangerous. If you become predictable, you won't make money. Trading is dangerous game, especially to the one who thinks that there is only one way to trade, you'll be taken advantage and your money gone. Be smart. Invest for the long term.

There's only one way to convince or persuade someone. And that is to give him the impression of easy and fast money.