Trading Stocks Online Using A Program Advertised On T.v. A While Back…?
Thursday, July 2nd, 2009 at
5:22 pm
There was an infomercial on this software that was pretty much idiot proof that anyone could use to trade stocks online and do business research. Does anyone remember what the name of the program was called?
(Don’t give names like Ameritrade, Scotts, or any of those, because I’m sure it wasn’t as popular as those)
Tagged with: Advertised • Ameritrade • Back... • Business Research • Idiot Proof • Infomercial • Names • Online • Online Business • Program • Scotts • Stocks • Stocks Online • T.v. • Trade Stocks • Trading • Trading Stocks • Using • While
Filed under: How To
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There are any number of them. Some that come to mind are
Star Trader
Teach Me To Trade
InvesTools
These are, in my opinion, all put out by people who, instead of actually making money trading stocks, find it easier to make money by charging people thousands of dollars for software and/or classes.
There are a few good houses that advertise on TV and you know them; you even named them. But, beware of anything that invites you to a free seminar or offers software or “systems”. Or magic weight loss medicines. Or secret stain removers. Or no work excercise programs. Call the number at the bottom the screen in the next 20 minutes……..
Look there is not idiot proof stock trading. If there where everybody would use it. Im trying to be honest here and save you some money STAY AWAY from the people who promise to tell you what stocks to buy and when. Do yourself a favor and google “Pump and Dump”. Then do your own homework on stocks.
Stay away from those things..
There is no one perfect way to pick the winners. There is however a way to narrow the field, you can do this with scans and by doing your own research on the stocks you pick. If they pass all the fundamental and technical test, then look at the news and sentiment indicators. You still will have no sure bet so make sure it’s a stock you won’t mind holding for awhile if it goes the wrong way. You can make good money with smart investing so be careful and don’t be sucked into a scam. There are some good companies that do teach you trading and offer mentors and different strategies along with the basic information about the market. These courses aren’t cheap but they can save you money in the long run. Good luck
Some very nice ideas here. I enjoyed the article, and Thank You. Great post!