We’re up 434% on one trade in my True Wealth Systems newsletter…
How did we do it? How do you end up with a 434% winner?
[ad#Google Adsense 336×280-IA]The answer is simple. But it’s hard to put into practice…
If you want to make 434%, you can’t sell when you’re up 5%, or 10%, or 25%, or 50%, or 100%.
The math is obvious… If you sell when you’re up 20%, you’ll never see a 400%-plus gain.
Have you ever had a 400% gain? Why not?
The most likely reason is that you sold too early… My friend, you can’t do that! Selling early hurts – more than you can imagine…
What distinguishes a great track record from an ordinary one? It’s typically one thing: a couple of big winners…
If your track record includes a lot of ordinary returns and a couple of big winners, then chances are you’re doing well with your investments.
But if you have a lot of ordinary returns and NO big winners, then chances are you’re underperforming the market.
You can’t underestimate the power of big winners. You can’t sell early.
You see, your investment doesn’t know or care where it’s been. It doesn’t care if you’re sitting on a profit… or a loss. It doesn’t know or care that it’s up 100% or more. Only you care. And an investment doesn’t start falling just because it has gone up 100%.
You have to change your thinking on this. Let me show you how I think…
The headline to the December issue of True Wealth Systems read: “Up 289% – With Triple-Digit Upside Remaining.”
Think about that: We were up 289% on one trade… and we didn’t sell! On the contrary, we told readers to buy even more!
In that December lead story, I wrote, “In two years’ time… If things go according to plan, we’ll lock in a gain of roughly 700%.”
Now – here in early March – we’re up 434% on this trade!
The simple secret to making huge returns – and building an outperforming portfolio – is to NOT sell too early.
Change your thinking on this. Resist the urge to take the profit just because it’s there. You will end up a far more successful investor than you can imagine…
Good investing,
Steve
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Source: Daily Wealth