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Trading Tips No 7: Developing a Casino Mentality for the Day Trader


I submit that the successful day trader would profit well to adopt a casino mentality. At first glance, this sounds reckless and nothing more than a gambling attitude - but it's not. Why? Because everyone knows that it's the casinos that profit and take in all the money on a consistent basis. And, of course, the patrons end up losing even after brief winning streaks.

If you want to profit in the market, ask yourself this question:

1. What do successful day traders and casinos have in common?

As a day trader, what if you were the casino - that is, on the winning profiting side. You could expect to profit consistently. You would be unperturbed by an occasional drawdown (like the casinos when someone hits the jackpot), because you know that you potentially will make it back and more.*

This is what successful day traders and casinos have in common; they both have a winning system that clearly puts the odds in their favor. The more they "play" or stick with the profit system of their choice, the more likely a positive outcome. It's only a matter of time, because the odds are in their favor.*

By thinking like the casino and not the hapless gambler, getting on the right side of the table, putting the odds in your favor, and working the system, the day trader can tap into the same phenomena that built Las Vegas and run away with a killer profit.*

If you would like to learn more about becoming a day trader and you have a computer and a burning desire to seize success, then you have what it takes to personally unearth Bill's Astonishing, step by step trading secrets... BUT ONLY FOR A LIMITED TIME. http://www.instantprofitstoday.org


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Investing - Google News

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Retailers consider investing in online 'Costco for millennials' - New York Post


New York Post

Retailers consider investing in online 'Costco for millennials'
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General Mills and Bed Bath & Beyond are weighing investments in Boxed.com, The Post has learned. Big Apple-based Boxed, dubbed the online “Costco for millennials,” is suddenly among the hottest tech startups in the country because its network of ...

City school agency broke law, lost money by not investing - New York Post


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City school agency broke law, lost money by not investing
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The city's School Construction Authority stashed $104 million in a low-interest checking account for two years — losing out on hundreds of thousands of dollars by not investing the money elsewhere, as required by law, according to an audit released ...

SEC Says Bitcoin Funds Raise 'Investor Protection Issues' - U.S. News & World Report


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FILE PHOTO: A collection of Bitcoin (virtual currency) tokens are displayed in this picture illustration December 8, 2017. REUTERS/Benoit Tessier/Illustration/File Photo Reuters. By Trevor Hunnicutt and Kanishka Singh. (Reuters) - The U.S. securities ...

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CVS Health Reminds Us That Investing Is 90% Half Common Sense - Seeking Alpha


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CVS Health Reminds Us That Investing Is 90% Half Common Sense
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If the speculation that Amazon is taking over the world is imminent, will the major airlines soon be ordering their new planes online with two-day free shipping as long as they have a Prime membership? In all seriousness, many of the Amazon competitive ...

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Tim Cook: Apple investing billions in US thanks to tax cuts - Axios


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Tim Cook: Apple investing billions in US thanks to tax cuts
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Apple CEO Tim Cook told ABC on Wednesday that Apple will now be "paying $38 billion that we would not have paid" under the old tax system, but will be paying less over time, which is "one reason why we can... invest over $350 billion in the United ...

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Millennial Investors Want Perks and ESG Investing - Planadviser.com


Millennial Investors Want Perks and ESG Investing
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The latest Spectrem Group report, “Millennial and Generation X Investors,” suggests these two generations are significantly more attuned to socially responsible investing than their older counterparts. In fact, survey results show more than half of ...

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How to Pick Stock Investments - NerdWallet (blog)


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It's a dilemma first-time investors and grizzled veterans alike encounter. There are seemingly endless possibilities: In the U.S., there are more than 4,000 publicly traded stocks, 9,000-plus mutual funds and more than 2,000 exchange-traded funds, not ...

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Stock market worst to first: 'Dogs of the World' strategy works - CNBC


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Stock market worst to first: 'Dogs of the World' strategy works
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I back-test how I would have done if I invested in a range of global dog strategies — the 10-worst, five-worst, three-worst or single-worst country) in every year. If you invested in the bottom five annual performers from the previous year — every ...

Google is investing in Indonesia-based Uber rival Go-Jek ... - TechCrunch


TechCrunch

Google is investing in Indonesia-based Uber rival Go-Jek ...
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Google is back investing in ride-hailing companies. The U.S. search firm and China's Meituan-Dianping are among the tech giants set to invest in Go-Jek, the Indonesia-based rival to Grab and Uber, a source with knowledge of discussions told TechCrunch ...
Google, Temasek investing in Indonesia's Go-Jek as ride-hailing rivalry deepens-sources Yahoo Finance

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