Why selecting top stock picks is key to trading success

Finding top stock picks is a distinctive factor of the success or failure of trading.

As trader you must not much concern yourself with predicting the market move, but must concentrate your skill and energy on finding the best stocks to buy. Whatever your selection criteria, you have to find top stocks that are unaffected by the markets direction. Stocks that make money whether the markets fall or rise. To find these good stocks you have to master good knowledge of trading strategies and economic factors affecting both the markets and the stocks.

So doing, you discover that the secret of successful trading lies more in trading top stock picks than in forcasting the next markets action.