What is the best investing program, investools, teach me to trade, wizetradetv.com, Cramer, or newsletters.?

Question

What about vector vest, gorilla trades, Motley fool, any others ???? or newsletter writers.

Answer 1

Probably the most important part of your question is
"Teach me to Trade"

Like the previous answerer, I am a fan of Peter Lynch, and Warren Buffet. They trusted their own judgement, did their own research and bought solid companies based on fundamentals.

I think that there is a place for trading systems, but you do need to test them and you need to remember that some trades will be successful whilst others will not. A good system will generally return more winners than losers and over time will show a good profit.

If you test a system and it does not perform substantially better than the S&P500, then stick to index funds until you find a better system.

How do you back test?

I use Metastock by Equis for back testing systems.
I use Telechart by Worden Brothers for End of Day Data and Charting.
I use Sharescope for UK Stocks.
I also use the StocksMonthly System which has been throughly tested and has/is proving to be very profitable.

Some of the titles I have on my bookshelf include:
One Up on Wall Street by Peter Lynch
How to make money in Stocks by William J. O’Neil (Founder of Investor’s Business Daily)
The Millionaire Next Door by Thomas J Stanley and William D Danco

I like to balance my investments between low/medium/higher risk strategies.

Low = Bank (4% - 6%)
Medium = Mutual Funds / Index Trackers (8% - 12%)
Higher = Individual stocks and Strategies (20%+)

From the 30-Jun-2006 to 29-Jun-2007 the S&P 500 has returned approximately 18%, pretty good for a medium risk strategy.

Over the same period the stocksmonthly investment system has returned approximately 38%.

My bank has been paying out between 5% and 6% on their long term high interest savings account.

Risk / Reward in action

Answer 2

1

Answer 3

Whatever you do, please, please avoid trader programs. They sound great but when you take a closer look they are not always what they seem.

You have probably heard some of the claims. Like, "I turned $3,000 into 5 million in a couple years!!" or "I earned over 100% return each year using the XYZ trader tools!!" Sounds pretty good doesn't it? Well, making millions of dollars is wonderful I'm sure but I doubt systems such as Investools, Wizetradetv or Gorilla trades will make you wealthy.

Why? Because these so called magic formulas or "systems" lack one important thing: a successful, verifiable, long term track record. Sure, they make lots of claims, but the truth is they are not subject to the same rules and regulations as other investors. Consider one of the greatest mutual fund champions of all time, Peter Lynch.

He was in charge of the Fidelity Magellan fund for 15 years, earning an impressive average annual return of 17%. I know this is true because mutual funds are required by law to provide accurate historical performance figures. People who sell books or investment courses on television, unfortunately are not. They can say pretty much anything they want, and they often do.

So be careful when you choose an invesment philosophy or "system" to study. They are not always what they claim to be.

Hope this helps!
Christopher

PS. Along with Peter Lynch's books, I would recommend "The Essays of Warren Buffet: Lessons for Corporate America".

Answer 4

I can't speak for TMTT, but I can talk to several of the other programs. Some of the programs give you a system. Some of the programs teach you to trade. Investools, like some others, teach you how to trade. It works. I know so firsthand. :-)

For the best answers, search on this site https://smarturl.im/aDByi

Answer 5

investing program investools teach trade wizetradetv cramer newsletters

Answer 6

Penny stocks are loosely categorized companies with share prices of below $5 and with market caps of under $200 million. They are sometimes referred to as "the slot machines of the equity market" because of the money involved. There may be a good place for penny stocks in the portfolio of an experienced, advanced investor, however, if you follow this guide you will learn the most efficient strategies https://tr.im/e3f14

Answer 7

the best trading software http://tradingsolution.info
i have attended a lot of seminars, read counless books on forex trading and it all cost me thousands of dollars. the worst thing was i blew up my first account. after that i opened another account and the same thing happened again. i started to wonder why i couldn,t make any money in forex trading. at first i thought i knew everything about trading. finally i found that the main problem i have was i did not have the right mental in trading. as we know that psychology has great impact on our trading result. apart from psychology issue, there is another problem that we have to address. they are money management, market analysis, and entry/exit rules. to me money management is important in trading. i opened another account and start to trade profitably after i learnt from my past mistake. i don't trade emotionally anymore.
if you are serious about trading you need to address your weakness and try to fix it. no forex guru can make you Professional trader unless you want to learn from your mistake.

Answer 8

Investool

Answer 9

http://www.tradingzoom.com/home