Applicability of Stock Market Products and Services

Do you ever wonder about the trust worthiness of stock market information you read on the Internet? Do you wonder about the qualifications of the company, web site or people providing gratuitous advice on stocks? Do you wonder what their motives are? In basic terms, do you wonder about the integrity and quality of the information and offerings?

And then there is this other side of friends, co-workers and family members espousing the virtues of a company, its stock, and in general their opinions about everything stock market wise. And their zealous giving ways may not terminate at stock market talk. After all, everyone is entitled to their own opinion.

Furthermore, we are all enticed to read other people’s comments, peek into message board discussions, search for that yet another stock market site – hoping to glean the world of knowledge on the stock market.

Why do we do this? There are many reasons ranging from general interest and learning to the quest for successful trading. Unless you don’t intend to trade, at some point the action is to make trades based on all the information and wisdom that you have acquired.

To this end, here follow my thoughts or suggestions if you will. They are my opinions based on my experience for my particular trading style. You judge if this helps your stock trading, given your trading style.

Question not only the substance and content but also possible motives for why people say what they say. If they have a motive or agenda, that is not necessarily a bad thing as long as their information or offering helps your bottom-line which is to succeed in stock trading.

Test the statements and assertions with questions such as “Can that work?”, “Does it work for my situation?”, “How can I apply that?”. A blunt test is “Is it better than a coin flip?”. The ultimate test is “Can I achieve winning trades on a consistent basis?”.

More you might like

From Long-Term Investing to Short-Term Trading – How to Profit on the Stock Price Rise and Drop

This article presents the notion of migrating from a long-term buy-and-hold investing strategy to a short-term profit-making trading style, capitalizing on the rise and drop of the stock price (following the trend and profiting on the cycles).

Paper Trading Preparation for Real Trading

This article covers the topic of paper trading as preparation for trading with real money. Failure in paper trading is a sign that the person should not partake in real trading. Success in paper trading does not necessarily mean a person will succeed in real trading.

Ranting on Stock Market Day Trading (March/2009)

This article covers my ranting on stock market day trading in the month of March/2009. Main lessons learned are listed to be remembered.

React to Technical Analysis Indicators to Trade the Rise and Drop in Stock Prices

This article examines the approach of trading stock price cycles as a means to achieve repeated trading profits in short-term trading. Take what the stock markets will give you.

Trading Observations and Evaluation (March/2009)

This article covers my trading observations and evaluation in the month of March/2009. Different trading ideas are examined.