Hi, anyone making use of any of these services? What's your experience? Would you recommend it?
The website is: http://www.dohmencapital.com/
The website is: http://www.dohmencapital.com/
Dohmen Research / Wellington Letter
- Thread starter JCDST1979
- Start date
Dohmen has been around for a long time. Seems rather expensive... I don't know specifically of his track record. (Over the years whenever I've weakened and paid up for somebody's high-price service, I've been disappointed. Seems they all promise a lot to sell you but then under-deliver.)
If you want to spend $3,000 for a year of mentoring... I sampled "Ace Trades" for a few days. They basically do what I do... "trade around support and resistance with tight stops". I KNOW that works! One caution... you should trade with a towel handy, as he's always talking about "getting your feet wet".
FWIW...
If you want to spend $3,000 for a year of mentoring... I sampled "Ace Trades" for a few days. They basically do what I do... "trade around support and resistance with tight stops". I KNOW that works! One caution... you should trade with a towel handy, as he's always talking about "getting your feet wet".
FWIW...
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Do you know the Hulbert Financial Digest? http://hulbertratings.com/
This is his intro: Mark Hulbert knows which investment strategies are working, and—just as importantly—which are not. In fact, he’s dedicated his career—since 1980—to rigorously tracking the real-world performance of investment advisory newsletters.
This is his intro: Mark Hulbert knows which investment strategies are working, and—just as importantly—which are not. In fact, he’s dedicated his career—since 1980—to rigorously tracking the real-world performance of investment advisory newsletters.
I know of Hulbert. His newsletter isn't geared much to "traders"... more "asset allocators" as a hoped improvement over Buy-and-Hold. Hulbert can track a newsletter's recommendations by receiving their letter and paper trading their recs... which is what Hulbert does to more-or-less audit results... and it's a LOT of work. That wouldn't work for traders, as to be accurate he'd have to follow advisors real-time... and that's magnitudes of greater work and expense.
Years ago when I ran my mutual fund timing service and was tracked/audited by Steve Shellins' Moni-Research Newsletter... there were about 225 services he tracked such as mine... we submitted quarterly/annual statements of all actual trades... which they then audited and posted results. Real-time trading results are waaaayyy more intensive than that.
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