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Subscribing to a Stock Trading Advisory Service - Some Thoughts - Mike Swanson (07/02/09)

There are numerous websites that offer a stock trading newsletter; some are free while others charge a fee for you to subscribe to them. You will find a variety of styles among the newsletters available - some are sent to your email address daily, some weekly and others are monthly. Most contain stock picks.

You will need to research the different newsletters carefully to find those that offer the type of information and assistance that you need. This will largely depend on your experience, trading goals and strategies.

The type of information contained in different newsletters is determined both by the website they originate from and the frequency of delivery. Newsletters that are sent daily, usually in the morning, will have an analysis of the trading from the day before. A weekly newsletter will analyze the previous week's trading and give tips and opportunities that come from that week. A monthly newsletter is likely to be more general in nature, giving information on current events and trends.

You will find that some newsletters will contain more technical information while others may have more tactics to help you trade profitably. There are newsletters that have a training basis, often aimed at beginners. Some might contain short term trading tips or information on volatile stocks that you can take advantage of, and some sites share specific strategies with their subscribers in the newsletter.

Other newsletter focus on specific areas of the market, such as gold stocks. Others talk about BRIC nations and emerging market investing.

Seek out websites and newsletters that are designed with your level of experience and expertise in mind; this is particularly valuable for those just starting out in stock trading, because a lot of valuable training and knowledge is available through newsletters. More experienced traders will benefit from newsletters that show analysis of the market, explain new trading concepts and give tips on how you can increase your trading profits.

There are many benefits to subscribing to a stock trading newsletter, but beware of the ones that are loaded with advertising and unnecessary fillers. You need valuable, usable information that will help you improve the profits from your portfolio.

Of course I have my own premium newsletter and a free one in which I talk about the stock trading strategy that has made me money over the years and apply it to the market in real time.



[Most Recent Gold Stock Quotes from www.kitco.com]

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