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Topic: Does StockConsultant offer Specific Recommendations? |
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thomas340s4 |
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Posted on: Apr 2, 2005 - 1:45pm
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Do they have a track record? Is there a special fee to obtain specific recommendations?
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dan.chapmano3
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Posted on: Apr 4, 2005 - 2:27pm
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Thomas,
The StockConsultant is a computerized TA tool and not a
stock picking service. I am not a investment advisor so I
cannot advise on any specific stock picks.
The tool does have a built in PreScreener stock screen
for finding breakouts/down, momentum, bottom and other
types of stock patterns. Also the "SearchTool" lets one
view the details of the PreScreener searches and modify
and/or make your own screens.
In my opinion the track record of a person depands on
what specific patterns he trades (breakouts, momemtum, bottoms, etc...),
what target profit he/she feels comfortable with (conservative large
stocks with lower profit or higher profit higher risk stocks) and
what overall system of stops to limit losses and lock in profits.
Also in my opinion watching the sectors and indexes and taking
advantage of sector/market strength/weakness.
Dan
***** Disclaimer - This is my opinion and not investment advice.
I am not an investment advisor, please check with a registered
investment advisor before making any investment.
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