Open Stock
Posted in Bed Comforter Sets on 03/16/2007 12:19 pm by admin
Stock Assault 2.0 – 3 Months on and I Still Have My Shirt
took a gamble three months ago and bought Stock Assault 2.0 after reading about what it can do. Like most people starting out trading I wasn’t sure if it was possible to make such gains in the stock market with little or no experience. For the first few weeks I was paper trading and saw that the picks I was getting from my Stock Assault 2.0 software were actually making me money, well, virtual money. At that point I had already set up an online broker account and had funds transferred for my first trade. So I went for it.
I was averaging 7% profits on each trade with some as much as 30% gain. I was however trading with only a few hundred dollars after taking the advice; “only trade with money you can afford to lose”. This was sound advice but wasn’t going to make me rich until I realised that after a few more successful trades I would have a decent amount of money to trade with.
I didn’t realise how easy it was to make a profit from the stock market when I stared. At first I thought I would need to take a weekend course on investing or at least spend a few months studying books and charts. I proved myself wrong however and educated myself as I traded. There were some mistakes of course since I was an amateur, the first being that I didn’t listen to the Stock Assault software when it told me to sell. I had received the buy signal for a certain stock a few days earlier and when the sell signal came I thought I would wait and see if I could get a better price when selling the stock. Within minutes of the market opening the share price fell 80c. I ended up holding the stock for a few days until the share price raised enough for me to sell at a small loss. It was my own fault for not taking action when the sell signal came from the software in the first place.
You are probably thinking that I know what I am doing or at least that I am lucky. Probably the latter but my technical analysis skills are practically non existent when it comes to sorting through the stock picks from my Stock Assault 2.0 software. I may aswel share with you my method of choosing what stock to buy after the software delivers a list before the markets open.
- Open Stock Assault 2.0
- Click the ‘Picks’ button
- Open Yahoo! Finance and enter each stock symbol
Then I look out for the following three things on screen:
- Stock Volume
- Stock Price
- Volatility of the stock
- News Headlines
Sometimes I will look at the company’s earnings but not always.
That pretty much sums up how I spend my days since taking the chance on Stock Assault 2.0 three months ago. I can see myself doing this for a long time to come even with the experts saying that the economy is in ruins and companies are going bankrupt.
About the Author
Remember this, there is always a profit to be made in the stock market, you just need to know where to look for a good pick. If you don’t know where to look then get yourself some stock picking software.
Beginners can learn something new at The Stock Traders Blog
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