DALLAS, Texas 2/13/2009 4:52:34 AM
News / Finance

Disciplined Trading of Pivot Points is Favored among Professionals, Article Posted on BeaconEquity.com

BeaconEquity.com announces the publication of “Disciplined Trading of Pivot Points is Favored among Professionals.”

 

Investors can view all of the investment articles for free by visiting: http://www.beaconequity.com/m

 

In the article the author writes:

 

"The great stock trader, Jesse Livermore (1877-1940), said human nature never changes, and ‘there is nothing new in Wall Street. There can't be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again.’”

 

The first rule of trading is discipline, a rare commodity in today’s market:

 

“Profits made on the Street come through dedicated work, with most of the work concentrated in seeking opportunities that match criteria of time tested profitable opportunities.  Successful traders buy stocks when the stars are aligned, conserving capital to enter a position at the right moment.  If many, but not all, of the criteria are met, the trader doesn’t bite. … Discipline is the first rule of trading, and has become increasing rare in today’s market.  Many traders like the “action” of the market, and probably should move to an area closer to a casino than participate in the stock market, instead.”

 

To read the entire article visit http://www.beaconequity.com/m

 

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BeaconEquity.com is one of the industry’s largest small cap research providers. Beacon strives to provide a balanced view of many promising small cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the publicly available information available on them. For more information on Beacon Research, please visit: http://www.beaconequity.com/m

 

 

Source: BeaconEquity.com

 

Beacon Equity Research

Jeff Bishop, (469)-252-3505

press@beaconequity.com