There was an infomercial on this software that was pretty much idiot proof that anyone could use to trade stocks online and do business research. Does anyone remember what the name of the program was called?
(Don't give names like Ameritrade, Scotts, or any of those, because I'm sure it wasn't as popular as those)
2007-10-18 14:37:38 · 6 answers · asked by Anonymous in Business & Finance ➔ Investing
There are any number of them. Some that come to mind are
Star Trader
Teach Me To Trade
InvesTools
These are, in my opinion, all put out by people who, instead of actually making money trading stocks, find it easier to make money by charging people thousands of dollars for software and/or classes.
2007-10-18 16:31:36 · answer #1 · answered by zman492 7 · 0⤊ 0⤋
There is no one perfect way to pick the winners. There is however a way to narrow the field, you can do this with scans and by doing your own research on the stocks you pick. If they pass all the fundamental and technical test, then look at the news and sentiment indicators. You still will have no sure bet so make sure it's a stock you won't mind holding for awhile if it goes the wrong way. You can make good money with smart investing so be careful and don't be sucked into a scam. There are some good companies that do teach you trading and offer mentors and different strategies along with the basic information about the market. These courses aren't cheap but they can save you money in the long run. Good luck
2007-10-18 18:33:54 · answer #2 · answered by Anonymous · 0⤊ 1⤋
so a techniques the solutions you have won are completely incorrect. staring at CNBC provides you a "experience" even though it relatively is the worst place to take specific making an investment suggestion from. this could be authentic of the different television, radio or newspaper, magazine or ebook. Scottrade is a great broking service even though it relatively is not good for a beginner. I have no concept approximately Amertitade. i will inform you that Schwab and constancy are greater geared to the recent or much less in touch dealer that desires some help alongside the way. i've got tried Gorilla Trades. they are user-friendly at maximum suitable. a good service is going to have 40% - sixty 5% good thoughts. the real thank you to benefit is with the main suitable money administration (danger to advantages ratio)..... blended with a ideal "asset allocation". If there became right into a great service "available" do no longer you think of all and sundry could be employing it? study... learn.. study... learn..... If performed properly inventory making an investment isn't playing. Mutual money could (even though) be a good thank you to start & and a great thank you to learn. paintings difficult. do no longer take "practise". save "expenditures" low. continuously use good money administration.... you will do high quality!
2016-12-18 11:24:37 · answer #3 · answered by hinokawa 4 · 0⤊ 0⤋
Look there is not idiot proof stock trading. If there where everybody would use it. Im trying to be honest here and save you some money STAY AWAY from the people who promise to tell you what stocks to buy and when. Do yourself a favor and google "Pump and Dump". Then do your own homework on stocks.
2007-10-18 16:09:40 · answer #4 · answered by Marshal Jed Cooper 4 · 0⤊ 1⤋
There are a few good houses that advertise on TV and you know them; you even named them. But, beware of anything that invites you to a free seminar or offers software or "systems". Or magic weight loss medicines. Or secret stain removers. Or no work excercise programs. Call the number at the bottom the screen in the next 20 minutes........
2007-10-18 20:48:59 · answer #5 · answered by ZORCH 6 · 0⤊ 1⤋
Stay away from those things..
2007-10-18 16:37:10 · answer #6 · answered by Anonymous · 0⤊ 1⤋