Creating wealth in the stock market requires a substantial amount of effort and expertise. Individuals often question the feasibility of generating wealth in the market, and whether it is a risky or challenging endeavor. Despite being bombarded with various sources of information, many individuals lack the knowledge and conviction to make a good income from the stock market. Sadly, this translates to lost opportunities in the market.

The stock market presents numerous opportunities, both in a bullish or bearish market. However, despite these opportunities, investors may not take advantage of them due to a lack of knowledge, conviction, or a trusted advisor who can provide sound advice. Besides, retail investors are often influenced by the moves of financial institutions, making them soft targets for the “Big Boys” play in the market. Consequently, they depend on various sources of news and social media platforms to make investment decisions, often falling prey to the “Fear of Missing Out” mentality.

As a fundamental rule, one should never buy a stock when it appears to be at the top or sell it when it appears to be at the bottom. Such rules form the bedrock of investment strategies and can significantly impact one’s success in the market. In summary, the stock market demands that investors learn and apply Golden Rules, such as those taught in the Gann Price Range Trading – Foundation Course at Elite Traders Academy, to achieve success.