The favorite method of becoming rich in the stock market is to bet on growth stocks that are making a new high.
Growth stock system
Trading growth stocks with the above system is so interesting. because there is this intrinsic upwards direction in these stocks that allows for a mix mode of trading and investing. Start as a trader, as the old adage says, and become an investor, but not because you missed the stop and the stock is now in the cellar.
Trading stocks potentially outrivals any other method. Even stock options, which offer on the surface more bang for the buck, are inferior to stocks themselves, because the latter allow a much more effective money management. For stock traders is of course the ETF market also important, simply because it offers tradeable instruments on the same exchange that are not marching in sync with the stock market indices. Trading index futures is an interesting alternative or add on for the stock operator, as he typically watches the broad market anyway. Getting a feeling for the intraday market action by specifically trading the whole stock market, e.g. with the E-Mini, may sharpen the daytraders eye for the right entry strategy for growth stocks.