Two Plus Two Newer Archives

Two Plus Two Newer Archives (http://archives1.twoplustwo.com/index.php)
-   Business, Finance, and Investing (http://archives1.twoplustwo.com/forumdisplay.php?f=32)
-   -   online stock services (http://archives1.twoplustwo.com/showthread.php?t=516353)

fearme 10-05-2007 03:28 PM

online stock services
 
gorillatrades.com, channelingstocks.com, thechartist.com

anyone use these, do they work or are they a scam? worth the cost?

housenuts 10-05-2007 03:51 PM

Re: online stock services
 
looks pretty fishy to me. if they were that good at picking stocks they wouldn't need a website to make money. they could just be printing money themselves by following their own picks.

Uglyowl 10-05-2007 07:18 PM

Re: online stock services
 
Gorilla Trades unmasked

pig4bill 10-05-2007 07:47 PM

Re: online stock services
 
[ QUOTE ]
looks pretty fishy to me. if they were that good at picking stocks they wouldn't need a website to make money. they could just be printing money themselves by following their own picks.

[/ QUOTE ]

I don't know anything about this specific group of service, but your statement is absurdly wrong. A service with a solid track record and a strategy that fits in with your situation can be a good way to go.

kimchi 10-05-2007 10:22 PM

Re: online stock services
 
[ QUOTE ]
looks pretty fishy to me. if they were that good at picking stocks they wouldn't need a website to make money. they could just be printing money themselves by following their own picks.

[/ QUOTE ]

Lots of people are excellent stock pickers, but fail to be able to pull the trigger or be able to manage their position psychologically.

The only problem I have with 'stock picking' services is that that's all they do.

A sound investment strategy needs much more than simply what to buy. You need to know how much of your portfolio to invest based on a risk assessment, and under what circumstances you will add to/trim/sell at a loss/sell at a profit, amongst other considerations.

Stock picking is only a small proprtion of a successful strategy, but it is the information most people want - and so most people will sell to you.

pig4bill 10-06-2007 06:31 AM

Re: online stock services
 
A lot of newsletters give you exit points. They also generally provide updates on what to do if the situation changes at the company involved.

Chat-type sites usually include a great deal of training and education.


All times are GMT -4. The time now is 11:01 AM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.