Which investment newsletter is good?

[CanOz]

For those wanting to trade US Stocks using technical patterns and traditional support and resistance, check out Jason's monthly $15 trial offer....well worth a look for beginners interested in US stcks i reckon.

Leavitt Brothers

CanOz

 

[MaZed]

Bump!

New to Investing... What's a good newsletter to sign up to to get some advice?

I have read the previous posts but they are quite old.. Any current feedback would be great.

I've looked at

Morningstar
Intelligent investor
Australian stock report
Motley Fools Report

Are there any others?

And which one have u had success with?

Ta

 

[whynot]

Hi There,

I'm a newbie and looking for a decent newsletter to learn to assess stocks. I know this is an old thread but anyone has any personal experience with newsletters.

I understand that a lot of the time is not the shares that you buy but the risk management (ie. having stop losses to avoid large losses) and position sizing (risking a small % of your portfolio) on your plan.

I would like to hear more about position sizing. I have read books about it and they use formulas and suggest to risk 1% or 2% of your total capital. I would like to understand how does this work in practice.

So if i have 20,000 then I should only buy $400 (2% risk) worth of shares? It seems to me that 2% risk is too low. Can someone please provide some insight?

Thank you,
David

 

[freebird54]

Hi There,

I'm a newbie and looking for a decent newsletter to learn to assess stocks. I know this is an old thread but anyone has any personal experience with newsletters. DROPPED MOST NOW EUREKA
STILL MY NO 1
I ONLY TRADE TOP 30 HERE TOP 200 IN USA

I understand that a lot of the time is not the shares that you buy but the risk management (ie. having stop losses to avoid large losses) and position sizing (risking a small % of your portfolio) on your plan.
ALWAYS OPTIONS - COVERED CALLS SAFEST

I would like to hear more about position sizing. I have read books about it and they use formulas and suggest to risk 1% or 2% of your total capital. I would like to understand how does this work in practice.
TOP 30 MAX 10% OF PORTFOLIO
DOWN TO SMALL CAP RUBBISH 1% MAX
ALWAYS HAVE STOPS

So if i have 20,000 then I should only buy $400 (2% risk) worth of shares? It seems to me that 2% risk is too low. Can someone please provide some insight?
THAT WOULD BE MINIMUM AMOUNT TO BUY SHARES $500


Thank you,
David

WHY NOT LOOK AT OPTION TRADES WHERE YOU DO NOT NEED SO MUCH CAPITAL - BUT EDUCATE YOURSELF FIRST BUY CALLS AND TRADE THEM LIKE A STOCK
THERE IS LOTS OF FREE EDUCATION ONLINE
I HAVE BEEN IN THE MARKET 40 YEARS BUT AM STILL LEARNING
USE A DISCOUNT BROKER OF COURSE PM FOR MORE INFORMATION

 

[tech/a]

Hi There,

I'm a newbie and looking for a decent newsletter to learn to assess stocks. I know this is an old thread but anyone has any personal experience with newsletters.

I understand that a lot of the time is not the shares that you buy but the risk management (ie. having stop losses to avoid large losses) and position sizing (risking a small % of your portfolio) on your plan.

I would like to hear more about position sizing. I have read books about it and they use formulas and suggest to risk 1% or 2% of your total capital. I would like to understand how does this work in practice.

So if i have 20,000 then I should only buy $400 (2% risk) worth of shares? It seems to me that 2% risk is too low. Can someone please provide some insight?

Thank you,
David

Look at Fixed fractional position sizing. (Google it)

Have a look at AGO chart where we risk $500
and calculate position size



Charts from another thread

 

[mahen142]

Hi there,
I was looking at couple of investment newsletter to assist with my investment decision. I have tried trial with Huntley and Fat Prophet to see how their advice pan out from the beginning of 2007 to now. Seems like none has passed the 'bear market' test. Most of their recommendation pretty much collapsed together with the market.

I tried Eureka as well. Whilst it provides a good finance journalism, it doesnt recommend shares.

Is there anybody that has good experience with their different newsletter than the above?

Thanks,

I am currently using Marcus Today, you can try it for a few weeks and see if it's any good. I started with a free trial an then went onto a 6 month package. Others I have used before are Motley Fool and Eureka Report. You can try them all and see what works best for you.

 

[azpers]

Cribsheets: Your considered opinion, please?

Gidday Troops.
I am after some opinion and advice on email investment newsletters.
My involvement with the Aussie stock market probably goes back about thirty years, buying and selling whatever. My current small holding is with Telstra, bought through the employee scheme they had running back then.

In the last year or so, I have subscribed to various free stock market newsletters, namely Port Phillip Publishing, who put out The Daily Reckoning, Small Cap Investigator, and Cycles Trends and Forecasts, The Motely Fool, and the Wealth Builders Club of Australia.
As you read through the blurbs of these various newsletters, they each "promise" so much. But how do they stack up, either with each other, and with stocks in general. Are they the "bees knees" in stock recommendations.

I would be very much interested in hearing from members who may subscribe to the reports offered by these newsletters. Have they made money? Lost money? Are the recommendations kosher, with lots of backup and research. The one thing that is common to them is the large fistful of dollars they want for the reports.

Question: If somebody thinks he/she has the ability to know what stocks have a good chance of making money, why aren't those folks quietly making squillions of dollars, and going into early retirement? Why share the secret.
After all, how many treasure hunters advertise the fact they know the location of where a treasure is buried?

Could any replies please keep to the subject. I've posted to other forums (not stock related) asking for information, and by about the fifth or sixth reply, they are way off track.

I imagine fellow members are educated, intelligent and sophisticated, so I hope replies reflect this.

 

[dutchie]

Re: Your considered opinion, please?

Question: If somebody thinks he/she has the ability to know what stocks have a good chance of making money, why aren't those folks quietly making squillions of dollars, and going into early retirement? Why share the secret.
After all, how many treasure hunters advertise the fact they know the location of where a treasure is buried?

That's a very and most important question.

Although it's fine to ask the questions in your post a big part of your journey should be on self education so that you can answer the questions yourself. If you can then you will probably be able to implement the actual trading of these "tips" with more success.

My personal opinion is that most these tipping sites are a waste of money. The only one which I would recommend is The Chartist. You don't just get Nick's recommendations but you get an education as well. Importantly Nick is open about the fact that he trades his recommendations.

Irrespective of whether you use a "tipping" site or not an education on trading is essential. You can get a lot of that free from the web. You just need to put the time in.

I am sure that there would be sites using their tipping to clients for their own benefit.

Tipping sites are like Super Funds - to find a good one ask to see the documented results of their work. That usually eliminates a lot of prospects.

Good luck.

 

[Triathlete]

Re: Your considered opinion, please?

Gidday Troops.
I am after some opinion and advice on email investment newsletters.
My involvement with the Aussie stock market probably goes back about thirty years, buying and selling whatever. My current small holding is with Telstra, bought through the employee scheme they had running back then.

In the last year or so, I have subscribed to various free stock market newsletters, namely Port Phillip Publishing, who put out The Daily Reckoning, Small Cap Investigator, and Cycles Trends and Forecasts, The Motely Fool, and the Wealth Builders Club of Australia.
As you read through the blurbs of these various newsletters, they each "promise" so much. But how do they stack up, either with each other, and with stocks in general. Are they the "bees knees" in stock recommendations.

I would be very much interested in hearing from members who may subscribe to the reports offered by these newsletters. Have they made money? Lost money? Are the recommendations kosher, with lots of backup and research. The one thing that is common to them is the large fistful of dollars they want for the reports.

Question: If somebody thinks he/she has the ability to know what stocks have a good chance of making money, why aren't those folks quietly making squillions of dollars, and going into early retirement? Why share the secret.
After all, how many treasure hunters advertise the fact they know the location of where a treasure is buried?

Could any replies please keep to the subject. I've posted to other forums (not stock related) asking for information, and by about the fifth or sixth reply, they are way off track.

I imagine fellow members are educated, intelligent and sophisticated, so I hope replies reflect this.

Over the years I have subscribed to a number of reports as well namely Morningstar, Motley fool and Stockdoctor my reason was to get a Fundamental view of what companies where believed to be in good shape to invest in as I believe they could do it better then I could and I did not have the time to read reports.

These newsletters gave me a basis of stocks for my watch list, however since I have a bias towards Technical Analysis I would only invest in those companies that were also supported by the Technicals. I have found by waiting for the technicals to support the companies on my watch list that I have had better results This is the only way I use the reports.

I usually found with there selections that some are going up some are going sideways and some are going down and as an investor/trader I am only looking for those that are moving up and getting rid of any that are going sideways and down unless you want to short some stocks.

This is my opinion..

 

[Smurf1976]

Re: Your considered opinion, please?

If somebody thinks he/she has the ability to know what stocks have a good chance of making money, why aren't those folks quietly making squillions of dollars, and going into early retirement? Why share the secret.

In most cases they share the "secret" because sharing the secret, for a price, is their primary way of making money (that is, they're not making much themselves in the market).

That says it all really. There are exceptions no doubt, but a lot of these newsletters etc do fall into that category.

Would you take advice on losing weight from someone who is themselves obese? Take swimming lessons from someone who can't swim? Etc. Same concept in many cases.

 

[Boggo]

Re: Your considered opinion, please?

Over the years I have subscribed to a number of reports as well namely Morningstar, Motley fool and Stockdoctor my reason was to get a Fundamental view of what companies where believed to be in good shape to invest in as I believe they could do it better then I could and I did not have the time to read reports.

These newsletters..........

StockDocktor is not a newsletter !

 

[Triathlete]

Re: Your considered opinion, please?

StockDocktor is not a newsletter !

Yes sorry about that my mistake!

 

[burglar]

Re: Your considered opinion, please?

put yourself in the shoes of an editor of a newsletter.
it's been a bad week and you haven't a clue?

you put in a company which is suspect ... cos you have to !!

 

[monkton]

If you do a search here you will find a whole thread on Port Phillip Publishing.

 

[tech/a]

Question: If somebody thinks he/she has the ability to know what stocks have a good chance of making money, why aren't those folks quietly making squillions of dollars, and going into early retirement? Why share the secret.
After all, how many treasure hunters advertise the fact they know the location of where a treasure is buried?

I think the answer to this is "THEY DON'T"
But chances are that if they know how to do very well with one method they will be able to design many many methods which perform well.

If I teach you how to fish it doesn't mean I'm going to take you the the best fishing spots at the best times to fish!
Ever sat in a boat with a great fisherman who catches everything while you get nothing!
Sit next to a great trader and you'll know the feeling!

These guys are not stupid.
They know that 100s want to know what they know.
And 100s will pay for it.

Place tools in the hands of a novice and you'll gain a novice result.
I can give you all the tools but its how I use them that makes the difference---application.


Here is a true story.

We were working for a cardiac surgeon.
One morning I met him on site as a crew was laying bricks.
I said to him
"I can watch a tradesman all day'!
He said
'I can have your heart and lungs on the table
next to you in about 3 mins'
I Said
'I know someone else that can do that.
---really---who?
My father
--What does he do
--Hes a butcher--

Quick as a flash he shot---- Betcha he cant put em back!!!

There in lies the difference and no doubt the same for those (Not all) who have
the ability to make ""Squillions"" yet sell some product them selves---with more than a decent return.
They dont have to but it gives them an interest.

 

[freebird54]

If you do a search here you will find a whole thread on Port Phillip Publishing.

I have subscribed to nearly all for over 20 years - see all my previous posts
Now only Scott Pape, The Chartist and Eureka [As I always have]
I am still sitting on Dogs from many of the tipsters - now I concentrate on Blue chips with options for protection and extra income.
Most Dogs only got about 0.1% of my portfolio Blue chips 5 -10%
Every year has shown a profit [some small some big] Banks, TLS, and good IPO's helped - I went all in on MBP - and told others to do the same

I would love to know the performance of Port Phillip - their sales stuff is good

 

[banco]

I would be very surprised if any of these tipsters made more than 10% of their income from actually trading their recommendations.

 

[burglar]

... Betcha he cant put em back!!! ...

Gold!

 

[tech/a]

I would be very surprised if any of these tipsters made more than 10% of their income from actually trading their recommendations.

Well I know one personally------so be surprised.

 

[banco]

Well I know one personally------so be surprised.

I think I know who you are referring to and if the public performance of his systems is anything to go by he'd likely have had a few negative years lately if he was just trading those systems.