MarketHeist is a new site just launched earlier this year that organizes financial products to help visitors find the tools they need. It is a one stop shop for investing and trading products, services, educations and media. They provide ratings, reviews, educational media, and designed to give visitors the ability to easily compare a ton of credible products in one place. By following their guides and browsing through their product listings, it should help your learning curve by pointing you to the right tools, books, mentors, etc. right away.
They take high class investing products from talented investors and investment companies in the industry and make sure they’re right for individual investors and traders. You can get to know the products through demos and interviews with the companies. Before you open your wallet to sign up for a service or tool, MarketHeist helps you learn to use the product using their tutorials and blogs to see if its right for you.
If you’re just starting to manage your own money, this is a great place to start learning about the stock market as well as find the correct tools to help you accomplish your financial goals. For experienced traders, the warehouse of products on MarketHeist helps narrow your search for charting software, indicators, and trading methods so you can move onto the next level.
Chris Perruna is one of the better known stock trading bloggers out there. He is a part-time trader who primarily uses the CANSLIM method of trading and has gotten quite a bit of good press for his accurate calls. One of his most popular and definitely a very useful post is on position sizing and expectancy. Here he provides a post explaining position sizing along with some excellent and very useful spreadsheets that help you figure out risk management for your trading system.
Aside from picking individual stocks, Chris is also very adept at calling the market. Here is a chart with his recent calls along with a history of his recent posts calling out tops and bottoms. As you can tell he is an experienced market technician and has done a good job at helping his readers navigate the crazy markets that we have experienced the past couple of years.
In addition to his blog and his regular posts he also is active on twitter. If you are interested in the stock market, are already an active trader, and especially if you are an active CANSLIM trader you will find worthwhile content on his site. A definite must add to your RSS reader.
Read the Prospectus
is a great site for traders interested in technical analysis. It is an even better site for traders who use Think Or Swim as their trading platform. Read the Prospectus is a master thinkscipt
programmer and regularly gives away excellent thinkscripts
. If you use Think Or Swim then you MUST read this blog.
Even if you dont use Think or Swim, this blog is still very much worth reading if you use or are learning to use technical analysis in your trading. You see the writer of this blog doesn’t just write indicators and trading systems but also explains why he decided to write it. If he needs an indicator that no one else has then he builds it. Who wouldn’t love to know the exact originations of stochastics and whey the investor needed it (attributed but not really invented by George Lane, and not really stochastics either)? Or sit along side Appel as he figured out MACD and how to use it.
This blog gives you this opportunity as Read the Prospectus lets you come along for the ride as the writer discusses the why and the how of each of his indicators. In addition he still has them for free. This is a wonderful resource for all technical analysts, and a must have resource for fellow Think or Swimmers.
Happy Trading and Blogging,