Stock Trading Friday – Oct 19, 2007
I've been doing a lot of reading on stock trading blogs as of late and I've come across 2 stock trading blogs that stand out in my mind. Stock Trading To Go and Chris Perunna.
Stock Trading to go focuses mostly on beginner traders (RSS). Here are some useful articles that I have found.
- 13 Questions That Will Boost Your Investment Portfolio
- 12 Ways to Compare Your Online Stock Broker
- 13 Great Ways to Invest in Oil Without Buying Barrels
Chris Perunna, one of the bigger stock trading blogs around, focuses mostly on the CANSLIM method of stock trading (RSS). Here are some of the useful articles that Chris has posted recently:
- How to Make Money Selling Short
- Disregard Conventional P-E Ratio Theory
- A Technique for Profit Taking
Have a great weekend!
11 Comments, Comment or Ping
1. The Financial Blogger
Stock Trading To Go is definitely one of my reference now! I really like the post about how to invest in oil without ordering barrel :-D
Oct 19th, 2007 @ 9:19 am
2. FourPillars
I’m not into technical trading but I love some of the descriptors – “bearish engulfing candles”…
FT – do you monitor your trading performance against anything? ie an ETF? It would be interesting to see some posts analysing how your performance measures up.
Mike
Oct 19th, 2007 @ 10:13 am
3. FrugalTrader
Hey FP, that’s a good point. Since i’m fairly new at the whole technical trading scene (1 yr or so), I haven’t done a lot of bench marking. However, at year end, i’ll do a post comparing the Canadian or other index compared to my trading performance. Thus far, I would say that my trading has been mediocre at best.
Oct 19th, 2007 @ 10:18 am
4. Blain Reinkensmeyer
Thanks FT for the mention! I think either tomorrow or early next week will be the move into 1,000 RSS territory, We should have a party :P
Oct 19th, 2007 @ 12:59 pm
5. Chris
Thanks for the links Frugal! Have a great weekend!
Oct 20th, 2007 @ 10:23 am
6. the Wealthy Canadian
FP, I think that even if you are a fundamental investor it is good to understand what technical analysis is. For example, you might be able to find a value stock but if charts show it will likely continue to go down wouldn’t it be worth waiting until it stops falling?
Oct 20th, 2007 @ 6:52 pm
7. FourPillars
WC – it would only be worthwhile if you believe in the charts. As a non-believer (sorry!) the charts would be useless to me.
Mike
Oct 21st, 2007 @ 12:18 am
8. The Financial Blogger
WC, over a long period of time, market timing counts only for 2% of your yield. So for a fundamental investor, there is no use for him to look at charts. His stock analysis is much more relevant.
With the technical analysis, chances are that you will not keep the stock for a long period of time.
Oct 21st, 2007 @ 9:34 am
9. the Wealthy Canadian
Well, I’m not going to try and persuade you guys – I was always a fundamentalist too. I think the pessimist in me had just noticed unusually large price movements days before an announcement being made, etc. So I started looking to technical analysis… or maybe I just enjoy looking at the pretty pictures;)
Oct 22nd, 2007 @ 8:38 pm
10. DrewP
Hey, FrugalTrader,
When you say the “technical trading scene” are you presently using the CAN SLIM method?
Does anyone here have much experience with it? If so, what kind of track records do you have with the techniques?
Oct 24th, 2007 @ 10:43 pm
11. FrugalTrader
Hey DrewP, i’m not using exactly the CANSLIM method but some of it’s principles. Chris Perunna uses the CANSLIM method pretty methodically, and he has some great results. Check out his site, he posts stock picks etc based on those principles.
Oct 24th, 2007 @ 10:45 pm
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