I wrote:
We
need to be careful on most subscription systems. Even some very good
ones perform worse in certain market conditions. If it is too easy,
there would be no poor folks. However, for myself at least, it will not be smart
to ignore a major service like Zacks. Before you use it with real money, you
should paper test it and take responsibility when you use
real money.
My 3 steps in trading stocks.
1. Market timing. Buy when market trends up and vice versa.
2. Screen stocks.
3. Evaluate screened stocks.
Here is my take in investment subscription services.
http://bit.ly/Mfy47F
Ameka wrote:
Two
things determine investment success. One is intrinsic value: an
investor must be able to discount cash flows with some certainty, and
compare this to prices. The other is cycles: an investor must know where
in the business cycle we currently are because intrinsic values depend
on earnings, which are a product of the economic environment.
Here is my subscription free source for fair value analysis, screens and market timing: http://bit.ly/P2bccl
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