Today is strategy day

[David Randolph]

Good morning

Today I won't analyze new stocks but you can post stocks on fire or analysis on specific stocks if you want.

I will be searching and discussing services and tools that can help us become better traders/investors.

That can be newsletters, technical or fundamental data services, software, trading strategies, books, online brokers, etc. Anything related to strategy and tools is welcome.

Thanks for your participation

[rickjust]

hi david,
great work,
speaking of online brokers , did you try zecco.com? free trading , no commision.or if anyone has tried it please pipe up.
i use sogoinvest $3 a trade and scottrade $7 a trade . i found sogo to be ok . doesn't trade pennies , can't short or put a stop and a little slow if you want to get in or out in a hurry. i love scottrade for ease of application , the extra few bucks is worth it . i only hold xing in my sogo account at the moment so i am happy to leave it alone.

[AussieTrader]

www.trade-ideas.com

Very powerful and customizable realtime scanning / filtering / researching for the active investor.

Worth a look.

[David Randolph]

My three favorite books on stock's investments are:

- Reminiscences of a Stock Operator

- Mastering Fundamental Analysis

- Stock Market Wizards: Interviews with America's Top Stock Traders 

[trexkerry]

hi david,
great work,
speaking of online brokers , did you try zecco.com? free trading , no commision.or if anyone has tried it please pipe up.


I signed up a couple of weeks ago and just finished verifying my bank info with them so I can fund the account.  (They aren't that slow, I am).  I don't really care for the look or the layout of the site, but what will be more important is the execution of my orders at zero cost.  I will fund it this weekend and start trading next week, so I will review it after next week. 

I have been using Interactive Brokers for a long time and love their service.  Of course it isn't free, but most trades cost me between $1-2 each.  Here is their pricing:http://www.interactivebrokers.com/en/accounts/fees/commission.php?ib_entity=llc

[David Randolph]

speaking of online brokers , did you try zecco.com? free trading , no commision.or if anyone has tried it please pipe up.

I didn't. I wonder about how many times one has to call for the assistance of a live-broker:

Note
If you require the assistance of a live-broker, trades are only $19.99 for stocks and mutual funds, and $19.99 plus $.75 per contract for options.

I see trexkerry will open an account with them ... I hope it works very well.

I'm also a happy InteractiveBrokers costumer.

[Terliso]

I'm also a happy InteractiveBrokers costumer.

Can you short below $5 in Interactive brokers?

[rickjust]

hi,
thanks trexkerry . kelet us know how it goes with zecco.
maxi

[nica33]

Since my first language isn't english, I tried to read "Reminiscenses of a stock operator" but I couldn't  
 I like Alexander Elder "Come into my trading room".  But my favorite is Nicholas Darvas "How I made 2 million in the stock market".  As Setravis say "Simplicity my fellow traders"  

[nica33]

OSTE & FALC are flying again!

[David Randolph]

www.trade-ideas.com

Very powerful and customizable realtime scanning / filtering / researching for the active investor.

Worth a look.

I'm downloading the software for a free trial. Are you a subscriber? What's the big advantage of the service? Thanks Aussie.

[mbaugh]

whoever mentioned PRW yesterday, Thanks! Its still on fire today!

[David Randolph]

Since my first language isn't english, I tried to read "Reminiscenses of a stock operator" but I couldn't 
 I like Alexander Elder "Come into my trading room".  But my favorite is Nicholas Darvas "How I made 2 million in the stock market".  As Setravis say "Simplicity my fellow traders" 

You need to read Reminiscences, it reads very well in English (I'm a foreigner too). I also have "Come into my trading room". I liked it at first, but not anymore.

Let me note that Nicholas Darvas here, the title is suggestive

[tokyopua]

I would have recommended stockcharts.com before today to get intraday data, but its 10:11 am right now and I still cant get a scan on intraday data 

[kslifka]

whoever mentioned PRW yesterday, Thanks! Its still on fire today!

Yep...PRW is still on fire and I still never bought.  congrats though.