Need a good stock trading system

Jelani

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« on: April 17, 2008, 01:34:28 AM »

I had been trading in stocks for a while and had been good with them. But recently have been facing a bit trouble from the market and have incurred some losses. I am looking for a system that helps me to judge the right kind of moves in the stock market and prove as a guide to smart investing.

Need your valuable suggestions to find a good one!!!


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Deez

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Re: Need a good stock trading system

« Reply #1 on: April 17, 2008, 04:49:40 AM »

Well, the market isn't exactly a stable one right now. So don't take your losses too hard.

As far a a good trading system - there really isn't one. If there was, everyone would be using it to make money.

My advice for you is to keep learning as much as you can. Do you individual research on stocks that interest you. Just make sure you know what you are looking for and learn how to analyze stocks through the stock screening process.

Take a look through the Stock College area, such as the Beginning to Trade and Trading Strategies articles.

They should help you get started.


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jordan6

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Re: Need a good stock trading system

« Reply #2 on: April 18, 2008, 01:42:12 AM »

Sorry to hear about the losses….but that is a part of the trade….you lose some and you win some…..but I myself use a system that works just fine for me and that is a perfect teacher for in all terms ….there are many out there but I believe on this as I am using it. This is a good Day trading system that can make you comfortable in the stock market.

Cheers!


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jordan6

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Re: Need a good stock trading system

« Reply #3 on: September 19, 2008, 01:25:07 AM »

Hi Jelani, I think you should invest in real estate.There are many risks in stocks now a days the market suddenly goes down, but the value of property is just going to high. So the investment in real estate is best. There are many useful factors which make real estate investing so much popular. Now peoples generally investing there money in real estate. Well its my opinion. Hope that you will get your best.


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jordan6

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Re: Need a good stock trading system

« Reply #4 on: September 29, 2008, 11:53:34 PM »

Applying a stop loss depends on the state of the market , for example a deep stoploss is necessary on a very volatile day and a close stop stop loss in a market which is moving in a small range. i think you should close the trade if the momentum is going against your position despite having a stop loss.

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IRA-401K


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Stock_Martket_4_Beginners

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Re: Need a good stock trading system

« Reply #5 on: October 08, 2008, 01:29:32 PM »

Quote from: Jelani on April 17, 2008, 01:34:28 AM

Why don't you search the web because I am sure I have come across a few good ones offered by different sites even though I cannot recall them by names. However you can try out some and find out what is the best for you.

Stock Market for Beginners


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