Quote:
Originally Posted by mas604
Just curious where most of guys get your investment ideas/picks from?
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Quote:
Originally Posted by Carl Johnson
I've been reading motley fool for a long time. they are a pretty good place to start to generate ideas. the nitty gritty fundamental analysis obviously is up to yourself but they give you a general picture of a company/sector to help you started.
Stockhouse has some good stuffs too but lots of garbage to cut through.
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Maybe I am stating the obvious here, stockhouse/stocktwits/ihub/etc might be decent places to get ideas, but I would never trade on the advice of those on those boards.
Step 1: Get idea
Step 2: Look at technicals
Step 3: Look at fundamentals
Step 4: Look at options
Step 5: Decide on entry/exit
Step 6: Execute
Or alternatively you can follow this model;
Step 1: Buy AMRN
Step 2: Baghold
All I'm really saying is that (understand I don't know you or where you are at with investments), it's very important to understand fundamentals/technicals/options before buying anything.
As I grow older/wiser it becomes more and more clear to me that trading on technicals alone is the way to go, there is people with bots setup to trade technicals who make piles of cash.
My .02 anyway.