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Monday, March 17, 2008

Question Series: Why Don't I Give Out Stock Picks?

Challenge Accounts:

Investing Account Balance: $201.46

Stock / Futures Trading Balance: $684.39
Online Savings Balance: $12.07


I'm going to start answering some of the questions that have been thrown my way lately.

One of which? Is why don't I give out stock recommendations or 'stock picks'? I discuss that in the video below.

I would rather discuss my reasons as to why I focus in on what will make you a better trader. Regardless of whether you trade the stock market, day trade, are involved outside of the market in avenues such as the Forex or Commodity Futures.



* * *

Investing Account Balance: $201.46
Stock / Futures Trading Balance: $684.39
Online Savings Balance: $12.07


Total Trades and Investments: 3
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 2
Average Drawdown: $82.56
Average Loss: $82.56
Accuracy Rate: 33%
Average Reward: $179.75
Risk : Reward Ratio: 1 : 2.02

This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 12 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research and tolerance for risk.

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