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

Submitted by Mike Swanson on Thu, 2009-07-02 07:20.

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.

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Hello. My name is Mike Swanson. I’m the best-selling author of the book Strategic Stock Trading. In a former life I used to run a hedge fund from 2003 to 2006 that generated a return of over 78% during that time frame. In fact it was ranked in the top 35 out of 5,000 hedge funds in 2005.

After I retired from the hedge fund world I setup this website and blog. If you sign up for my free weekly email list below I’ll send you an update on average about once a week on my views of the current stock market trends and share with you actionable investment ideas.

Now I cannot promise you that every stock I find will go up in value. I can’t promise you endless 100% returns as others claim they do and as all the disclaimers say past performance does not necessarily predict future performance and you can lose all of your money in the stock market.

This is reality.

What I can promise you is my dedication to doing the best I can for you.

You see the key to making money over the long-run in the stock market is to manage your risk. Once you sign up to my newsletter I’ll send you a series of educational videos and writings showing you how I use stop-loss orders to cut any potential losses and how I use my two fold formula system that combines fundamental and technical analysis to pick stocks. My goal is to risk one dollar to try to make at least three dollars in my trades by looking for stocks that are priced cheaply on a valuation basis, have high earnings growth, and have excellent chart patterns.

So join my list below and let me help guide you on your journey in the stock market.