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Trading Tips of the Pros

Do Wall Street pros know something the rest of us don’t? Why are billionaire investors ahead of the curve, while most individual investors are behind it?

According to trader Joe Terranova, it’s because money pros regularly employ strategies that regular folk don’t even know exist.

In his book “Buy High and Sell Higher,” Terranova reveals some of those “trade” secrets; edicts that he and his colleagues live by.

Click ahead to learn about some of these powerful strategies. Also find out how the Fast Money traders leveraged these concepts in real-world circumstances.

By Lee Brodie
Posted 26 January 2012