In this rotten economy, everyone is looking for a way to make a profit. The recession started with a huge dip in the stock market. Many investment services and stockbrokers advise sticking it out. They want investors to think of the long term profit potential instead of looking at their stock’s values every single day and freaking out when they lose even more money. This is easy advice to give when it’s not your own money. However, when you see your retirement savings slowly dwindling away it’s hard not to panic.
I did a quick review of a website called wickedprofits.com. They have an entirely different view point on the stock market and how to make money. Instead of looking at the long term potential, this advisory services looks at the short term real profit. They advise you to hold each trade for 15 to 30 days regardless of whether it’s winning or losing. On the surface, I thought that this really seemed like a crazy idea. Why would you sell a stock that is increasing in value? But if you look at it from a more traditional standpoint, why would you hold onto a stock that is decreasing in value? Quite the conundrum.
There is actually quite a few benefits of holding onto a stock for a short period of time and then selling it regardless of how it is doing. Firstly, you don’t loose a bunch of money because of tumbling stock prices over time. Secondly, you save money on trading commissions because you are only making two trades per month — one purchase and one sell. Lastly, a huge savings on capital gain taxes is possible because of certain laws that split the profits 60% to 40% on stock index options that are broad based.
Wicked Profits really do seem to be attainable through this system. They average a 5% monthly return even though they only aim for a 4% minimum. They also have a pretty impressive win ratio of roughly 80%. There are, of course, no guarantees with the stock market. No one truly knows what is going to happen from day to day. Rather, people make educated estimates that usually pay off. Please make sure that you do not invest money that you absolutely cannot afford to loose. This service has a $10,000 minimum with a recommendation of at least $15K investment. That can be alot to loose. However, the potential for big profits are also there. Good luck!
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