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Charting Secrets: Trade Like a Machine and Finally Beat the Markets Using These Bulletproof Strategies, 2nd Edition by Louise Bedford

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3: Volume counts

I’m about to reveal secrets that few traders realise and even fewer use on a consistent basis. Get this right and you’re well on your way to achieving the results you deserve.

During my university days, I was told of a study conducted in 1953 that involved Harvard business graduates. The study was designed to establish the common factors that caused graduates to ultimately succeed financially. Interestingly, 20 or so years after their degrees, 5 per cent of the graduates were earning 95 per cent of the total money earned by all the graduates. It was the same 5 per cent that had written down their goals and dreams all those years ago. Some even carried their personal mission statements in their wallets.

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