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This is the easiest way to become a better trader today
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Friday, July 16, 2010
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By Dr. David Eifrig in Retirement Trader:

Anacondas are the largest snakes in the world. They are also one of the world's most efficient hunters. But anacondas don't zip around and get into long battles with their prey.

They sit around in rivers for long periods of time, waiting for the easiest prey possible. Only when they get easy, slam-dunk opportunities – like when an unsuspecting animal stops for a sip of water – do they strike. Then, they slowly wrap themselves around their prey and squeeze it to death.

Said another way, anacondas are nature's "cheap-shot" artists. They aren't interested in fair fights. They only participate if the odds are overwhelmingly stacked on their side. Anacondas grow to enormous sizes because they don't spend much time or energy chasing everything that comes along. They are the natural world's "no risk" operators.

That's how I'd like you to think about trading stocks, bonds, and commodities – like an anaconda might. I want you to act only when the odds are heavily stacked in your favor. I want you to avoid the loser's mentality I described above. Avoid worry, wasted time, and impatience. I want you to be a rich skeptic who racks up extraordinary returns by avoiding risk.

Crux Note: This is exactly how "Doc" Eifrig is teaching readers to trade in his new advisory, Retirement Trader. Right now, he’s showing readers how to collect $625 of other people’s investment losses… in 60 seconds or less. Click here to find out how.

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Topics: Trading_Ideas | Stocks | Cruxallaneous
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