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Word Count: 562
In todays economy it is no longer feasible to just put money in a savings account and expect to gain financial stability If a person desires financial security financial experts recommend stocks and mutual funds to secure ones financial future With the wide spread release of the Internet stock trading is no longer a professionals game Blue-collar and white-collar workers alike are getting into the stock game There is an elite group in todays stock trading world These masters of the stock market are known as day traders Not everyone can be a successful day trader Successful day traders have latent almost magical qualities that allow them to succeed The tools of a successful day trader are accurate prediction stock trends fearlessness and superior investigative skills One could liken a successful day trader to a mountain climber A mountain climber must know the terrain and how best to climb it in order to avoid falling into crevasses The stock market is the day traders mountain Stock values rise and fall sharply much like the peaks and valleys of a mountain range The successful day trader must be able to use their accurate prediction of stock trends tool to be able to sell a certain stock just before its value starts to drop Conversely the day trader must buy a stock when it is at its lowest point of value Buying and selling at the proper point will reap large dividends Predictions will be useless to a day trader if they are afraid to act upon them A successful mountain climber must employ their fearlessness tool They must have the courage to hold on to a stock in one of its financial valleys if there is a reasonable indication that the valley will soon lead to a massive peak The day trader must also have the courage to take a loss if a stock appears beyond recovery As musician Kenny Rogers said
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