I posted this on the SnakeOil thread, and since it was an older thread, I decided to make a new thread here. I'm still pretty much overwhelmed with so many choices to be made. Please, if you can share some thoughts, I would appreciate it. I have done several searches on ET. If you can recommend any specific threads for swing trading, please do.
Thanks again.
**
I started in July of 2003 trying to learn how to trade. I have hundreds of links in my Favorites for web sites which have something to do with stocks, trading, or investing. I started with zero knowledge.
I have gone through some trial offers and learned quite a bit. I'm still trying to figure out my own trading style, which at present seems to be heading toward swing trading.
One particular trial offer I took, and again, I was just starting out, was for a very conservative money management service. I'm not mentioning the name because the service is reputable. But, I realized shortly after signing up that the vendor had some very expensive additional services which he was trying to sell to his captive audience. I purchased a service that cost about $100 a year, and I was placed on his email list to get offers every other day for an options service that cost $5000 a year. The emails were coming fast and furious, and of course, the big one was just around the corner, so don't miss this opportunity. I quickly tired of that.
Another trial offer I signed up for, a stock picking service, was a great learning experience for me. The service is ok, but the marketing of additional offers was relentless. And very often I seemed to get a specific stock recommendation after it had already jumped up in price, maybe minutes or hours before. That tells you something. Along with that, I put their recommendations in a watch list. Some did poorly, some did ok, and some did better. I finally figured out that they were giving enough recommendations that they could always get a winner in there somewhere and use that in their advertising. When I requested my refund, the customer service was very slow in responding.
This ET site has been a great help to me. I have reads hundreds of posts, followed many threads, sent a few private messages and have gotten some great recommendations, and I really appreciate it.
Because of ET I've become very cautious as to what I will purchase in the future. But, on the other hand, I seem to have so much information now, I'm having a hard time making a decision. I want to find something I can commit to and go from there.
I have gone over several web sites looking for solid information, which I think I can recognize now.
I don't use the service, but I'm considering Ken Calhoun's DayTrading University. He has a business, of course, but his web site has some excellent free info for someone like myself trying to get a handle on trading. I notice he is very cautious, maybe never does it?, about promoting himself on ET. I like that.
Are there any swingtraders (any time frame) on ET, that can recommend some services, whether software, data, or whatever, that is worth having? And, could you point me to some threads on ET for swingtrading that are worth reading.
Thanks.
**
Thanks again.
**
I started in July of 2003 trying to learn how to trade. I have hundreds of links in my Favorites for web sites which have something to do with stocks, trading, or investing. I started with zero knowledge.
I have gone through some trial offers and learned quite a bit. I'm still trying to figure out my own trading style, which at present seems to be heading toward swing trading.
One particular trial offer I took, and again, I was just starting out, was for a very conservative money management service. I'm not mentioning the name because the service is reputable. But, I realized shortly after signing up that the vendor had some very expensive additional services which he was trying to sell to his captive audience. I purchased a service that cost about $100 a year, and I was placed on his email list to get offers every other day for an options service that cost $5000 a year. The emails were coming fast and furious, and of course, the big one was just around the corner, so don't miss this opportunity. I quickly tired of that.
Another trial offer I signed up for, a stock picking service, was a great learning experience for me. The service is ok, but the marketing of additional offers was relentless. And very often I seemed to get a specific stock recommendation after it had already jumped up in price, maybe minutes or hours before. That tells you something. Along with that, I put their recommendations in a watch list. Some did poorly, some did ok, and some did better. I finally figured out that they were giving enough recommendations that they could always get a winner in there somewhere and use that in their advertising. When I requested my refund, the customer service was very slow in responding.
This ET site has been a great help to me. I have reads hundreds of posts, followed many threads, sent a few private messages and have gotten some great recommendations, and I really appreciate it.
Because of ET I've become very cautious as to what I will purchase in the future. But, on the other hand, I seem to have so much information now, I'm having a hard time making a decision. I want to find something I can commit to and go from there.
I have gone over several web sites looking for solid information, which I think I can recognize now.
I don't use the service, but I'm considering Ken Calhoun's DayTrading University. He has a business, of course, but his web site has some excellent free info for someone like myself trying to get a handle on trading. I notice he is very cautious, maybe never does it?, about promoting himself on ET. I like that.
Are there any swingtraders (any time frame) on ET, that can recommend some services, whether software, data, or whatever, that is worth having? And, could you point me to some threads on ET for swingtrading that are worth reading.
Thanks.
**
