When I started out in 2008 I'm unashamed to state that I sampled quite a few trading and investing services/newsletters.
Fundamentals-based strategies taught me the importance of research and due diligence, while a number of swing services taught me how to read indicators, predict likely future movements, and find stories where sector movement and individual thesis align for maximum profit potential. Day trading services taught me how to recognize institutional buying, differentiate between real moves and fakeouts, pyschologically important price levels, selling into parabolic spikes and how to take advantage of movements in pre/post market sessions. And it goes on...
I took what was useful and left out the rest, molding it into a strategy that works for me- Runners of the Year (ROTY).
“Adapt what is useful, reject what is useless, and add what is specifically your own.”- Bruce Lee
The above is the essence of the ROTY strategy- likewise, I try to convey to readers the importance of forming their own trading plans, molding ROTY to fit their needs.
There are many solid services out there and a lot of talent in the Seeking Alpha Marketplace. Feel free to sample different services, stay with some longer if they are truly helping you profit and manage risk, and write down a master list of lessons/insights you learned and how to apply them to your strategy.
Just my two cents as always.
For new followers, here's how best to stay connected with me:
- I try to publish 2 to 8 articles on Seeking Alpha each week, just depending on what's coming up in my scans and never sacrificing quality. Typically I have the reverse problem, too many interesting stocks on my watch list that I never can seem to get around to!
- I write a weekend blog post of interest on Seeking Alpha related to trading, strategy, ROTY or other important topics readers will hopefully get something out of. Real-time subscribers receive notifications about these.
Daily on Twitter I tend to post a few analyst upgrades and other news of interest (Sundays can be off topic while during the week is 100% market focused).
- Tipranks does a good job of following my recommendations as well, although I'd point out some picks from my ROTY series don't make it on there.
Any questions feel free to shoot me a PM!