Better Paper: WSJ or IBD?

Quote from Arnie:

After subscribing to IBD for a few years, I just let my subscription lapse. I think its over priced. I can run down the street and buy the Monday edition for $1.50 = $78/year. IBD wants $189 for this. By the way, this is their "weekly" service. I think I will try the on-line version of WSJ.

I agree with some of the others about not reading anything prior to the trading day. Sometimes the best trades are the ones that go against conventional wisdom. This can be hard to do if your thinking is influenced by an article you just read.

The absolute worst is Barrons. Pure crap.
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My experience exactly. I just let my IBD subscription lapse when the renewal bill came for $311, including tax. Last year it was $230. Give me a break, I like it but not for that price. WSJ online is a good deal by comparison. I used to get it for free from a broker but I'm not sure who provides it now. Cyber provides Briefing.com for free, which is a nice perk.
 
Quote from NJ1000:

Hey guys,

I am soon going to be starting a job trading for a proprietary trading firm specilizing in NASDAQ day trading. I wanted to describe to a financial publication to read before the start of the trading day. I was wondering what some of you guys would reccomend more for me the Wall Street Journal or investors Business Daily?
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Charmin would serve you better as a "daily paper" than either.
 
Quote from NJ1000:

Hey guys,

I am soon going to be starting a job trading for a proprietary trading firm specilizing in NASDAQ day trading. I wanted to describe to a financial publication to read before the start of the trading day. I was wondering what some of you guys would reccomend more for me the Wall Street Journal or investors Business Daily?
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so many people read both.
 
The wsj hands down.
but neither is going to help make you a fortune but the wsj will give better explanations of what is going on after it happens.

I use CyberTrader and it indicates which stocks are moving and those are the ones I play at the time.

If a stock goes up too much or down too much the wsj will be better at explaining why and you can go from there.

I let my IBD expire as I thought it was pretty worthless.

It pretends to show you how to trade, but as many here have said, "they let their subscriptions expire" and it is very over priced.

He probably has made most of his money on that paper and the books he tries to sell

Don
 
Quote from Donkell:

The wsj hands down.
but neither is going to help make you a fortune but the wsj will give better explanations of what is going on after it happens.

I use CyberTrader and it indicates which stocks are moving and those are the ones I play at the time.

If a stock goes up too much or down too much the wsj will be better at explaining why and you can go from there.

I let my IBD expire as I thought it was pretty worthless.

It pretends to show you how to trade, but as many here have said, "they let their subscriptions expire" and it is very over priced.

He probably has made most of his money on that paper and the books he tries to sell

Don
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LOL

WSJ is for sheeps. If you need WSJ to help you explain stock moves, you need some serious luck as well to make any money trading.

The mass marketing cheap volume production of WSJ should be enough of a tip off to stay away from it if you expect to make any money trading.
 
IBD is much more of a traders newspaper in my opinion. They seem to have a better pulse of the market, whereas the WSJ is much more of an editorial paper. The WSJ is a great paper and you might just get both, but for strictly trading I would go for IBD.
Hope this helps.
 
I trade mostly indexes in relatively short time frames so yesterday's news (pretty much all newspapers) don't do me much good. With that said I haven't bothered reading a WSJ in years but unless it's been improved recently I think IBD is way ahead of WSJ as far as useful information on both the economy and individual stocks.
 
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