The 2nd question is:

Have you heard of trend-tracking, or trend spotting? It means looking for trends in the and investing based on that (google The Bully). If you’ve heard of it, do you think it is a sound strategy?

 

  • Hertha 5:05 pm on February 12, 2010

    Yes I have heard of it. It is a tool for the buy low and sell high trader. That’s all it does. It is not sound and very risky. It can be used even on stocks that are on a down trend. That is when the chart shows the stock heading towards $0 from a $10, but there are ups and downs trends on the way.

  • Natural Medicine Man 5:05 pm on February 12, 2010

    Stock information is like anything else – you get what you pay for. I have purchased many systems with different strategy. One I can think of, no name on here sorry, changes only $59 per month. One needs a PhD in Math to understand their thinking. I paper traded for 3 months and lost my shirt.

    Choosing a strategy also depends on how much you wish to gamble on the market. The markets are on a up-trend and will continue for sometime. But you have to be in the correct stocks. Less then 100K I would suggest a mutual fund.

  • sam 5:05 pm on February 12, 2010

    if you want to earn 10times of what you put in within 3-5 years you should invest in (C) stock and also government will never let it fail because it too big to fail

  • Sweetjono 5:05 pm on February 12, 2010

    Trends are strong, very strong. It would be very risky or even foolish to go against the trend. At http://www.mystocksignals.com/ you can get free video tutorial and free buy/sell signals for any market.
    And remember THE TREND IS YOUR FRIEND.