Pay services that select your picks.

Discussion in 'Educational Resources' started by Neet, Oct 7, 2006.

  1. Option Smart are the people who lie on their website about 100% winning trades, when all along they have rollovers that they don't count as losing trades. Stay away from them.

    Don-
     
    #31     Oct 9, 2006
  2. sometimes I wish there was an Elite Trader Professional site with a membsership fee to weed out the noise.
     
    #32     Oct 9, 2006
  3. chill dude.

    i never said that it takes 3-6 months to become an "experienced" trader.

    3-6 mths to figure out your style and type of instrument to trade along with a clear trading plan.

    since end of june, ive realised that scalping the ES is best for my personality and health. i also have a trading plan for teh ES.

    im still a newbie but it's better to be new and have a trading plan than being new and having NO IDEA or worse, paying someone, hoping it'll pay off.

    btw, i did happen to meet a gentleman who is respected on ET. he's been trading for 7 yrs and he told me it took him 6 months to become consistently profitable.

    just bcos someone asks you to catch up for coffee doesnt mean youhave to hand over your secrets.

    i also know 2 other traders who have been consistently profitable within 6 months of trading. both of them have been traders for at least 4 years.

    i cant speak for myself as im still new at this. Reality is subjective.

    i shoudl have said 3-6 months spending 15hr days learning about trading and watching the markets. - which is what i did.

    3-6 months FULL TIME is enough for anynewbie to realise wether they want to pursue a career in trading (not investing) or move on.


     
    #33     Oct 9, 2006
  4. nice to hear insider info like that.


     
    #34     Oct 9, 2006
  5. So any reviews by any of you guys trying the different services? esp interested in possible options services since every time i've tried options on my own i'ts been a train wreck....
     
    #35     Oct 13, 2006
  6. Hell, rather than any of the pay-for-gurus, you couldn't do any worse than just watching Cramer for free every night.
     
    #36     Oct 14, 2006
  7. I can't stand Cramer. Every time I watch him (which hasn't been for months now) I have to pop some extra medication.
     
    #37     Oct 14, 2006
  8. I was replying to the OP. I don't rate Cramer on his ability to produce headaches, just profits.

    And before this turns into the usual Cramer bashing, you can't follow any financial advice blindly. Not Cramer, not IBD (witness SYX at #1 on the IBD 100 last week), not any pundit, until you do your own DD. But for the OP, Cramer is free (except for the aspirin) and I would venture as good, if not better, than any paid for stock picking service.
     
    #38     Oct 14, 2006
  9. Neet

    Neet

    Good example about IBD and SYX this week.

    Btw, I have heard MANY great things about Vector Vest.
     
    #39     Oct 14, 2006
  10. VectorVest, great for swingTraders good info and Research. To me it is the best site outthere.
     
    #40     Oct 14, 2006