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.
In his new book “Buy High and Sell Higher,” Terranova reveals some of those “trade” secrets; click here to learn about some of these powerful strategies.
> NEW SLIDESHOW: The Top Secrets of Pro Traders
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CNBC.com with wires.