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How To Pick A Winning Trade

So, how do you pick a stock to trade? 

The first rule of thumb is to ignore the market darling, the crowded trade, the stock that is front and center on every finance website.  Because by the time you are reading about it, the trade is over, topped out, done.  Let it go, man.

These are special situations that can pay off occasionally, but to consistently make money, you need a system and a plan.  You need to think strategically and tactically. 

This post originally appeared at Pro Trader Today.