Skytrader Introduction

Like many people I am intrigued by the simplicity and complexity of the stock market. Jaded by the crash and burn tales of friends from speculative forays into the market it was not untill coming across the indisputable existance of anomalies like Post Earnings Announcement Drift and the Momentum Phenomena that I considered properly educating myself about stock selection methodologies and actually trading stocks based on these methodologies.

Unfortunately, before that, I was both lost in the technical analysis jungle and stuck in the tragic cycle of skimming from one trading 'school of thought' to another without internalizing the core concepts involved.

I would like to say that I have emerged from that jungle and consider the knowledge and insight provided on this blog to have been the critical factor in this process.

I do not claim to have any particular insight, or for that matter experience, when it comes to stock selection and trading. However any humble contribution is a result of someone applying themselves to absorbing the body of work on this blog and internalizing the paradigms that it is based on.

It is my hope that this will be of value to some of you who read this blog and are pursuing success in trading stocks.

skytrader

Best site to learn to trade

If you are serious about your trading and want to build an enduring edge, the Stockbee Member site might help you.

Members tell me they have tried a lot of things before coming to my site, and it has offered them the most extensive and detailed methods to swing and position trade. Members range from very experienced traders to novices.

No advertising, no hard marketing, no promotions, no free offers, no affiliate marketing, no incentive to other bloggers to promote the site, no constant tweets self-promoting the site, and no tall claims. Every member comes through word-of-mouth recommendations from existing members.

As a member, you will learn the basics of swing trading, momentum investing, growth investing, and risk management. You will learn about Stockbee Momentum Burst breakouts, Stockbee Trend Intensity Breakouts, Stockbee Episodic Pivots Breakouts, Stockbee Lemonade Strategy for 401k, and many other member-shared methods.

You will learn how to set up your own scans, how to select the right kind of stocks, how to set up stops, when to enter, when to exit, how much to risk, how to track your trades, and all other details about trading.

You will learn about developing your own methods and not relying on others for trade ideas. Develop your own edge. Once you develop your own method, you will have a lifelong profitable method.

The site gives you an opportunity to interact with some of the most successful traders and learn from them about their trading methods. It is a vibrant community with members from different backgrounds and experiences willing to help each other. Members have shared their methods, scans, software, backtests, and market insights.

Every day, the emphasis is on continuous learning and upgrading of market knowledge and setup knowledge. The members range from hedge fund employees, financial advisers, active swing traders, investors, and new traders.

You will see that many trading bloggers have been using my market timing methods, scans, and chart templates. They have developed their own methods based on my methods.

Almost every member comes through a recommendation of some of the leading trading bloggers and trading sites. 80% or more members continue to be members for more than 3 years. Most tell me that they stay on because every day they learn so much from the members' site.

If you are looking to develop your own trading strategy, the membership site might be for you. You have to be willing to put in the effort to build your own method. There are no silver bullets offered on the members' site. Every method, every scan, every nuance is detailed, and all possible help is offered to design your own method.

4 comments:

markatkar said...: This comment has been removed by the author.; Jul 12, 2007, 9:27:00 AM
Pradeep Bonde said...: Skytrader is one of the regular reader. He will be posting regularly while I disappear for a long vacation( July last week to August).; Jul 12, 2007, 9:45:00 AM
markatkar said...: This comment has been removed by the author.; Jul 12, 2007, 10:00:00 AM
Editor said...: Welcome skytrader, hope that you're every bit as insightful as pradeep...
pradeep or skytrader, I took another third off PENX yesterday on its way down... But I'm looking to add back on more shares at some point. Is PENX starting its post earnings flag that you mentioned , too early to tell?
How long does the flag usually last?
Judgeing by the action today, it looks like it may have just been a minor pull back similar to the ones that TNH tends to see.

JCTCF popped up big on on earnings .32c per share vs last years .24c per share but it's market cap is only 25M and it rarely trades above 100k although it did today Thoughts?; Jul 12, 2007, 10:49:00 AM

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