Conventional wisdom says regular folk are typically late for the trade.
That belief is so pervasive on Wall Street, when pros see individual investors pile into a stock, they run for the exits.
But why are retail investors the last to get in?
According to Fast Money trader Joe Terranova, it’s because money pros regularly employ strategies that regular folk don’t even know exist.
Fortunately for the rest of us, Terranova is ready to talk.
In his new book “Buy High and Sell Higher,” Joe T. reveals some of those “trade” secrets; tenets that he and his colleagues live by.
Click here not only to learn about powerful strategies but also to learn how Terranova and the other Fast Money pros leveraged these concepts in real-world circumstances.
> NEW SLIDESHOW: The Top Secrets of Pro Traders
For the best market insight, catch 'Fast Money' each night at 5pm ET, and the ‘Halftime Report’ each afternoon at 12:00 ET on CNBC. Follow @CNBCMelloy on Twitter.
Got something to say? Send us an e-mail at firstname.lastname@example.org and your comment might be posted on the Rapid Recap! If you'd prefer to make a comment, but not have it published on our Web site, send your message to .