![]() |
This homework is essential for successful trading, but it takes a great deal of time and energy. Now, for a relatively small fee, you can have rich ore delivered to you. You can have a steady flow of intelligent picks from a group of professional and semi-professional traders, each of whom spends hours looking for stocks and most of whom trade their own and their colleagues’ picks. Now, instead of looking for stocks, you can review more than a dozen attractive picks each week to see which of them work best with your own trading system. In 2004 several Traders’ Camp graduates came together in what we call the Spike group. Each member does his or her homework and sends in their favorite pick on Sunday afternoon, either long or short. We assemble them in a spreadsheet, attach the text of each person’s analysis, and send the files to every Spike group member. The following weekend we rate the performance of every pick and assign gold, silver, or bronze points to winners; at the end of each quarter the top three winners, based on points and equity, receive prizes. Recently the Spike group has decided to offer access to our picks to paying clients, which will fund cash prizes for competition winners. So far the performance of our competition winners has been spectacular, double digits per quarter, but not everybody has made money. If you decide to use our research, you would have to use proper risk control. Reading the comments on Spike picks opens a window into the thinking of serious traders. To paraphrase an old saying, you will be learning to fish - while having fresh fish delivered to you! In addition to the weekly Spike spreadsheet and text file, you will receive a daily email with an updated chart of New High – New Low Index, which is probably the best leading indicator for the stock market. |
|
|
|
|
|
FAX 718.639.8889 |
|
|
||