Choosing between trading education and information alternatives
May 22, 2008
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John Forman - The Essentials of Trading author
A little while back I asked for suggestions about things I could do as fundraising activities to help support my volleyball causes while also providing value to traders. I had a number of useful responses with three opportunities being the most strongly suggested.
1) Coaching
This one has come up very frequently of late. I’ve said on several occassions that my schedule makes one-on-one set-ups impractical. I could, however, work something out which is more group oriented. I’m thinking perhaps weekend group online get togethers, supported by email correspondence and maybe one one-on-one session per member each month. That’s just one idea, though. I’m open to other suggestions.
2) Technical Analysis Course
This is something I’ve contemplated doing for a while now, but just haven’t taken on. It would be a lot of work, but if there’s sufficient interest I’d be willing to run something.
3) “Signal” Service
This one is probably the most problematic. Because of my analyst job I have restrictions. Certainly I couldn’t do anything intraday day. The best I could do would be end of day type analysis - like a here’s what I’m seeing for tomorrow type of thing - and/or some kind of swing/position trade ideas report based on what I’m looking at for my own trading.
If any of the above is of interest to you, let me know by leaving a comment or contacting me. If enough people agree, I’ll get things moving.
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Maybe you could create a newsletter and send out updates everytime you see a trade that you like. You could post like “recommended buy of XYZ @ $6.82/share 05/27/2008″ periodically. Just offer people a stock-picking service basically