Monday, May 10, 2010

The Stock Masters

Above, a timely exit from XLI.
Every year the Wall Street Journal chooses the Stock Masters, the five best analysts in each industry. Their methodology is calculated according to price returns. For a stock rated buy, a positive return made a positive score, a negative return made a negative score. For a stock rated sell, a negative return yielded a positive score, while a positive return yielded a negative score. An asterisk on this list indicated analysts who appeared in more than one industry. These are the guys to talk to for day trading tips. But if you don’t recognize any of the names on the list, you can apply to a day trading course, where you can learn the techniques for proper stock market analysis.

It’s important to look at the facts when you’re trading, not to listen to rumors, media anxieties, or the like. Especially when looking at the ETF’s (exchange traded funds) of last week, many high probability stocks were on the decline. Some exit signs to watch for are when a stock closes in overbought territory or is above a 5 day moving average. Day trading tips are easy to come by, but can be difficult to absorb. Making money in day trading is a science. Acing the test requires a lot of studying.

1 comment:

  1. This is a graph of trading in a financial year. The report is detail description for a year. Thanks a lot.

    Day Trading Courses

    ReplyDelete