Friday, November 20, 2009

30 weakest stocks in the market currently

These stocks are bottom ranked by 6 month momentum currently :

ADCT

ARP

BEAT

CHUX

CMED

CONN

CVI

CYPB

DRIV

DROOY

FUN

GGC

HURN

ILMN

ISIS

ITMN

KSP

LAD

LEAP

PCS

PVTB

SEAC

SIGM

SMSI

SPAR

STEC

TNL

TYP

WFR

Seven abilities you need to be successful trader

ability: competence in an activity or occupation because of one's skill, training, or other qualification

Abilities develop through learning, training and experience

Ability to develop a well defined end to end method	Momentum Trend mean reversion value growth stat patterns Forensic analysis Arbitrage These are the basic approaches used in most methods.
Ability to stick to the method for sustained period of time	Buffett has been using same method for his life Ed Seykota has been a trend follower for life One of the big problem for most new traders is inability to follow a method for long stretch. They change method every week or every time there is a change in market character. You can improve upon your basic method and fine tune it. But unless you stick to it for a long stretch you never acquire the confidence in it or understand the nuances of it. As a beginner you should explore wide variety of approaches but once you develop a approach stick to it for full market cycle.
Ability to survive learning curve	Most new traders run out of their small stake before they can find a profitable method or give up.
Ability to filter environmental noise and not get affected by it	Trading environment is extremely noisy. If you are a big consumer of media you will find all kinds of contrary views, opinions, propaganda, commercial pitches and so on. You must understand that the requirement for anyone to appear on TV is that he/she must have ability to persuade. Mass media is a persuasion driven media. Everyone has agenda. They want to influence your mind.
Ability to persevere	There are good times, there are bad times in trading you need an ability to persist and overcome obstacles.
Ability to analyse and overcome your own psychological issues	Trading is difficult because it involves emotions. You need to have a ability to correctly diagnose your own psychological problems and tendencies and be able to guide yourself to overcome them. If you visit a psychologist what tools do they use. Unless you have a clinical psychological problem requiring drug therapy all that psychologist use are words and listening skills.
Ability to develop these abilities on your own	The right word for it is self efficacy beliefs. Self-efficacy is a person’s belief in his or her ability to succeed in a particular situation. Self-efficacy is the most important thing if you want to be a full time trader. If you have that then all other things are manageable or you will find solutions to all your problem. Perceived self-efficacy is concerned with people's beliefs in their capabilities to exercise control over their own functioning and over events that affect their lives. Beliefs in personal efficacy affect life choices, level of motivation, quality of functioning, resilience to adversity and vulnerability to stress and depression. People's beliefs in their efficacy are developed by four main sources of influence. They include mastery experiences, seeing people similar to oneself manage task demands successfully, social persuasion that one has the capabilities to succeed in given activities, and inferences from somatic and emotional states indicative of personal strengths and vulnerabilities. Ordinary realities are strewn with impediments, adversities, setbacks, frustrations and inequities. People must, therefore, have a robust sense of efficacy to sustain the perseverant effort needed to succeed. Succeeding periods of life present new types of competency demands requiring further development of personal efficacy for successful functioning. The nature and scope of perceived self-efficacy undergo changes throughout the course of the lifespan.

36 stock with momentum for Friday

The list of top momentum stocks is dynamic, it changes daily as stocks relative ranking changes. When market undergoes correction there are often rapid changes in the list. Momentum favorites reverse or undergo correction and new stocks enter momentum phase. Many stocks will not reverse instead they will go in sideways patterns or form a range. When the selling in general market subsides then the stocks bounce back. That is when you get best opportunities in momentum stocks.

If you are primarily looking to buy a pullback, then one of the variation you can use is to use a 6 month momentum list with one month offset. Which means you look at stocks which were ranked top 2 or 3% a month ago by 6 month momentum. To do that in Telechart you can use a simple scan like (C21 / AVGC126.21) and then take top 2 or 3% ranked stocks by it. What it will give you is stocks which were momentum favorite 21 days ago. Some of them might have reversed , but many of them will be in orderly pullback. They are ideal buy candidates on breakout.

Same scan can be used to find shorts. If you look at the bottom ranked stocks in the scan, they are the stocks which were weakest stocks in last one month and some of them might be having small counter trend rallies currently which can be good low risk short entry points.

If you understand how momentum works and the core concept behind momentum, then you can slice and dice it in many ways.

Top stocks by 6 month momentum:

CAAS

CATM

CYD

DAN

EWBC

FSYS

HEAT

HGSI

HOLI

KFN

KGN

LNY

MED

NANO

NLST

OPTT

PAP

REV

RINO

RURL

SALM

SCSS

SMTL

SNIC

SVM

THM

TMI

TRGT

TSTC

UFS

USEG

XRTX

ZOOM

Thursday, November 19, 2009

The key to trading success

We all trade our "beliefs". My basic belief is that methodology trumps the market. The market is a unknown variable, it does its own thing, you cannot control it. It is full of surprises, is ever changing, is often unpredictable, it offers too many choices, and so on. So market direction is not under my control. But what methods to use to extract profits from the market are under my control. If I do a very good job of controlling what I can control then there is a profit opportunity in the market to exploit.

Trading in actual mechanics terms is simple.You buy, you sell, you put a stop, you risk a certain % of capital. Those are the basic elements common to all trades. All trading decisions fall in to five "controllable" categories which I call Trading Mix:

What time frames to trade (trade frequency)
1. Day trade
2. swing trade
3. position trade
4. macro trade
It is your choice as to which time frame to trade. This is a very critical decision and it dictates your rest of the trading mix elements. If supposing you decide to be a day trader, the entry, exit, risk strategies and market you decide to trade are very different. For the Working People site my strategy is to Position Trade and hold trades for long term. That means I have to look at completely different kind of stocks when looking at making a recommendation on that site. My stops and risk management strategy is different.
Unless you are clear about what time frame you want to trade you will be confused and in Brownian motion. If you have full time job , can you realistically trade on daily or swing time frame?. You can try but it will be very difficult. If you are day trader, you will find holding positions for longer duration very difficult. It is difficult to switch time frame. If your mindset is capturing 25 cents to 50 cents move, trying to capture 20 to 50% move is different game. Only very experienced traders can do it. If you are beginner, in the process of trying to do both you would get more confused. Day traders typically risk much larger amount of their capital on a single trade. So for them liquidity is critical. If you are day trader you need to understand the micro structure of the market and the motivations of major players in it very well. You have to continously update your understanding of the micro structure as strategies and technology changes. If you decide to be day trader the kind of databases, news sources, and other feed services and software is very different from someone wanting to swing trade.
What markets to trade (equity selection)
1. equity
  1. growth
  2. momentum
  3. value
  4. technical analysis
2. futures
3. options
4. currencies
5. etf
Once you decide your trading time frame then which market to trade becomes a critical decision. Supposing you want to trade the daily time frame then the futures market are better than stock. They have high liquidity and offer high leverage. So many day traders focus on them.
Each market has its own peculiarity. It takes months or years to perfect strategy in most markets. The reason I trade equities is because in stock markets there are every year situations where some stocks will make very big moves. Moves of 1000% plus can happen in the markets. ETF cannot have those kinds of moves. That is the reason I do not focus on them.
I do once in a while trade futures and working on developing strategies on both futures and currencies market and that is one of my focus areas for next year. But I have definite edge in equities and so I focus on them.
Within stocks I primarily focus on growth and momentum. Why because growth and momentum stocks historically makes biggest moves on shorter time frames. I have spent significant efforts in understanding these two kinds of stocks and very confident of my methods and understanding.
When, where, and how to enter them (entry selection)
1. When to enter at open or after open etc
2. How to enter : market order, limit order, basket order etc
3. where to enter: channel break, pullbacks, breakouts of support, at resistance etc
When , where , and how to exit them (exit selection)
How to manage risk (risk management)
how much to risk per trade
where to put stops
how and when to use margin
All these decisions are under a traders control. These are the variables you need to work with to design a profitable method. This is where a trader should spend bulk of his time. If you do a good job of controlling what is under your control then you will be in charge of your trading and the market will not be. You should focus your area of study on these controllable variables. People have studied various entry strategies, various exit strategies, various stop strategies , various risk management strategies. What works and why on these controllable variables is easily available and is in public domain.

This is the basics of trading. If you master this then you can apply the same principle to any market and market time frame.

This is very basic trading decision. You must think through this. If you don't enter or exit at right time it is difficult to make money and manage risk. Entry is critical if you are trader. The whole idea behind being a speculator is to "time the market", to "time the entry" , to "time the exit", and to "vary risk depending on situation". Those are the core skills of speculators as against investors. Many times I get emails asking, whether they should enter a position or increase size on open positions , at that time I am thinking of exiting the position. Essence of speculation is "timing" . Don't speculate unless you understand that.

The profit opportunity is in the market if you get the mix of above elements right the result is profit. Each of these five variables are completely under your control. If you change these variables your profit increases or decreases. So for a same size of profit opportunity in the market two traders using two different set of trading mix will have completely different profit outcomes. Controlling your trading mix is the key to profitability.

Unless you have these basics in place, no amount of trading psychology is going to help you. Because your problem is not mindset or discipline at that stage but it is ignorance. Unless you educate yourselves on the controllable factors the market will remain a big mystery to you.

36 stock with momentum

The basic strategy in swing trading is to find a stock or instrument like ETF or Index or future with a momentum and then enter in the direction of the momentum on a minor pullback or retracement. Stocks with momentum is where the opportunity is for active traders.

Following stocks currently are top ranked by six month momentum:

ACFN

AIXG

BEXP

CAAS

CATM

CYD

DAN

EWBC

FSYS

GAP

HEAT

HGSI

KFN

KGN

LNY

MED

MTL

NANO

OPTT

PAP

REV

RINO

SCSS

SMTL

SNIC

SVM

THM

TRGT

TSTC

UFS

USEG

XRTX

ZOOM

Wednesday, November 18, 2009

5 stocks in focus so far

35 stocks with momentum

These 33 stocks are top ranked by momentum currently. How many of these do you have in your portfolio currently. Do your trading methods identify such stocks early enough.What triggers momentum phases in stocks. Momentum is the most persistent anomaly till date. In his recent book Quantitative Strategies For Achieving Alpha, Richard Tortoriello did a exhaustive study of all the factor which drive stock prices in the short and long run.The number one factor according to the research was momentum.

ACFN

AIXG

BEXP

BUCY

CAAS

CYD

DAN

EWBC

FSYS

GAP

HGSI

KFN

KGN

LNY

LONG

MED

MIC

MTL

NABI

NANO

OPTT

PAP

REV

RINO

SCSS

SMTL

SNIC

SVM

THM

TSTC

UFS

USEG

See my previous post:

Quantitative Strategies for Achieving Alpha (McGraw-Hill Finance & Investing)

In this book Richard Tortoriello sets out find empirical drivers for stock market returns. This is a new book published last month. The author tests 1200 strategies on stock above 500 million valuation to determine the major fundamental and market based drivers for future stock market returns.After such analysis he presents strategies that consistently outperform the market.

The author tests 7 basic categories of stocks factors:

Profitability
Valuation
Cash flow
Growth
Capital allocation
Price momentum
Red Flags ( risk factors)

Detailed quantitative tests for each of the factors are presented in the book. As the author works for S&P, he has access to the best database on stocks and he presents his findings for multiple factors within each of the above seven categories. The testing shows that the top single factor strategy for achieving excess return is price momentum calculated using 28/16 relative strength. The best strategy using two combined factor for excess return is price momentum plus nearness 52 week high.

This book unlike other quant books is easy to understand and well presented. The biggest advantage of this book is it will give you building blocks to build your trading strategy around things that empirically work in the market. Knowing what works and why it works can help you build better trading models.

Questions checklist for morning trading plan

What is your trading plan for today morning
What is your plan if your view is bullish
What is your plan if your view is bearish
What "method" is driving your bullishness or bearishness
What is your pre market trading plan Which method would you focus on in pre market If you identify a good EP in pre market how will you enter it Have you looked at last nights earnings What are the 2-3 best opportunities you must watch at open from that list Have you thought of where you would put stop, how much you will risk on them What will you do if after entry it does not act as expected
What is your plan for managing :each" of your position What is driving that decision
What psychological tendencies do I need to watch for. How can I correct them for next few hours
Am I really ready for trading today. Have I done systemic analysis of last night opportunities Did I research opportunities/method
If I am going to use EP in the morning everyday am I organised for it /is there a set routine for it Is my broker/software set up for it Do I really understand what is involved in trading EP

Psychological tendencies change when you ask questions specific to task at hand or specific to time frame you are operating on. Sometime you have to confront certain tendencies . Unless that happens change does not happen.

Related post:

Why is self efficacy important

How to enhance perceived self efficacy

Tuesday, November 17, 2009

33 stocks with momentum

These 33 stocks are top ranked by momentum currently. How many of these do you have in your portfolio currently. Do your trading methods identify such stocks early enough.

AIXG

AWI

BEXP

BUCY

CAAS

CPBY

CYD

DAN

EWBC

FSYS

GAP

HGSI

KFN

KGN

LNY

LONG

MED

MTL

NANO

NLST

OPTT

PAP

PLX

REV

RINO

SGY

SNIC

SPRD

THM

UFS

USEG

Getting in to right mind frame for trading today

Right mind frame is critical to your trading success. A right mind frame allows you to identify market opportunities quickly. It allows you to make quick decisions. It allows you to avoid big losses and respond to market changes quickly. If you want a quantum leap in your trading, you need to work on your mind as much as on your market understanding, methods, scans, and many other things. To do this successfully you need to develop a method to constantly keep your mind aligned to the market opportunities. When the mind and market is aligned you will be in winning streak. When the alignment breaks down you will have frustration and losses.

Do you have a plan for today or are you going to play it by seat of your pant
What is your trading plan for pre market Which method would you focus on in pre market If you identify a good EP in pre market how will you enter it Have you looked at last nights earnings What are the 2-3 best opportunities you must watch at open from that list
What method is your primary focus for first 2 hours after market open
What is your view/bias about market direction today What is the view based on Is it based on historical tendencies Is it based on breadth model like Market Monitor
If it is bullish what is your plan
If it is bearish what is your plan
Are you comfortable with your current positions Which one you want to carry forward Which one you want to close today which ones you want to add to or reduce
What psychological tendencies do I need to watch for today
Am I in right emotional state to trade profitably today

A simple grid like this forces you to pre think some of the decision areas.

Here is an example of how we use it on the Members Only Site.

Yesterdays morning plan:

What is your trading plan today morning	Wary of gap up. based on past experience gap up opens can fade. So very alert for profit taking opportunities. Book partial profits on open positions Single best idea based on earnings PWRD Willing to commit up to 5% risk to pwrd if it acts well. Recommend pwrd in Working People section if it triggers. Look for opportunities in Chinese sector Everything is being driven by being invested on margin. So only focus on big opportunity. Kill other positions later if a big ep position is established early. Positions to kill in that case: mstr ffiv chln nflx (may be 25 to 50%)
What method is your primary focus for next 2 hours after open	EP
What kind of mind frame is required to execute that plan	Quick decision making based on past experience. Willingness to back up the truck on good ep idea. No pre mature buying. buy only if volume comes.
What is the like outcome if the plan and market align	If pwrd works according to plan a opportunity for 50% plus trade exists.
What is the likely outcome if the plan and market do not align	No opportunity. If market shows even a hint of reverting book profit on open positions.
What should I observe about myself and the market to be aligned with market and not miss a opportunity	Don't commit till volume and price confirms move on pwrd Don't hesitate to reduce positions in case of reversal. Being on margin risk is high of giving up built up profit so far
What should I observe about myself and market to warn me about my alignment with market	Impulsiveness. Not risking enough on big position. for example should have committed more to RINO on Friday based on catalyst.

Monday, November 16, 2009

10 stocks in focus today

nlst
ibkc
tstc: China+earnings+low float
heat: China+earnings+low float
lny
khd: China+earnings
nabi
spex
sprd:China+momentum+earnings anticipation
xjt: to operate 25 UAUA jets

News you can use to profit

Your tax dollars at work. Big beneficiary of tax breaks in new Homeownership and Business Assistance Act of 2009 will be homebuilders. Your senators do not work for you. They work fir big corporations.
The Paper and Pulp sector was top performing sector in last 6 month due to one such tax loophole in earlier stimulus bill. So keep an eye on homebuilders. 30 billion gift from tax payers is not a small change. That should reflect in their price in short term.

Home Builders (You Heard That Right) Get a Gift

By GRETCHEN MORGENSON

ON Nov. 6, President Obama signed the Worker, Homeownership and Business Assistance Act of 2009 into law, extending unemployment benefits by 20 weeks and renewing the first-time homebuyer tax credit until next April.

But tucked inside the law was another prize: a tax break that lets big companies offset losses incurred in 2008 and 2009 against profits booked as far back as 2004. The tax cuts will generate corporate refunds or relief worth about $33 billion, according to an administration estimate.

Before the bill became law, the so-called look-back on losses was limited to small businesses and could be used to counterbalance just two years of profits. Now the profit offset goes back five years, and the law allows big companies to take advantage of it, too. The only companies that can’t participate are Fannie Mae and Freddie Mac and any institution that took money under the Troubled Asset Relief Program.

Among the biggest beneficiaries are home builders, analysts say. Once again, at the front of the government assistance line, stand some of the very companies that contributed mightily to the credit crisis by building and financing too many homes.

This is getting to be a habit: companies that participated on the upside and are now reaping rewards from the taxpayers on the downside. The banks that underwrote so many dubious loans, for example, received government aid to get them lending again. Unfortunately, that hasn’t been the result.

When Mr. Obama signed the law, his administration said the tax break would help “struggling businesses.” But as Ms. Zelman pointed out, many large home builders are sitting atop mountains of cash. Pulte Homes, which will receive refunds exceeding $450 million under the new law, has $1.5 billion in cash and cash equivalents on its balance sheet, according to its most recent financial statement.

Hovnanian Enterprises is another big beneficiary of the tax break. It anticipates a refund of $250 million to $275 million next year. It had $550 million in cash in its most recent quarter.

Smaller recipients include Standard Pacific, which is poised to reap cash refunds of $80 million under the new tax break. According to its most recent financial filing, Standard Pacific held $523 million in cash and cash equivalents.

Finally, Beazer Homes told investors that it expects to receive a refund of $50 million. The company reported cash and equivalents of $557 million at the end of September.

Some of the home builders poised to receive tax refunds have even more cash today than they did last year. D. R. Horton, for example, has $1.966 billion in cash, up 45 percent from September 2008 levels. And some are healthy enough to have retired significant amounts of debt from their balance sheets this year. Pulte has bought back $1.93 billion in debt in 2009.

Getting your mind ready to trade well

Trading is a mind game in the short run. Getting your mind aligned to the market opportunity is the key. So questions to think of before market open.

What is your trading plan today morning
What method is your primary focus for next 2 hours after open
What kind of mind frame is required to execute that plan
What is the likely outcome if the plan and market align
What is the likely outcome if the plan and market do not align
What should I observe about myself and the market to be aligned with market and not miss a opportunity
What should I observe about myself and market to warn me about my alignment with market

Friday, November 13, 2009

Pre Market Movers

tstc
wal
rino
pla
cea
aln
sorl
mdso
anf
fcel

Thursday, November 12, 2009

Barrick Gold says gold production is in terminal decline

According to this article Barrick Gold says world is running out of new gold. I am sure the gold bugs would be all over this. But it looks like a blatant case of trying to pump the prices after getting rid of its hedges. If they believed this was the case why were they hedging so heavily. Oh the PR games companies play.

Aaron Regent, president of the Canadian gold giant, said that global output has been falling by roughly 1m ounces a year since the start of the decade. Total mine supply has dropped by 10pc as ore quality erodes, implying that the roaring bull market of the last eight years may have further to run.

"There is a strong case to be made that we are already at 'peak gold'," he told The Daily Telegraph at the RBC's annual gold conference in London.

"Production peaked around 2000 and it has been in decline ever since, and we forecast that decline to continue. It is increasingly difficult to find ore," he said.

Ore grades have fallen from around 12 grams per tonne in 1950 to nearer 3 grams in the US, Canada, and Australia. South Africa's output has halved since peaking in 1970.

ABX has been anyway a laggard in that sector. The top 3 gold stocks by relative strength are KGN, THM IAG

KGN: Keegan Resources Inc

Wednesday, November 11, 2009

Consolidation after a week of buying

	Market Monitor Market monitor is market breadth based market timing tool		Current Readings Cautiously bullish. Large cap is what market is focused on. Number of EP have dropped in recent days. Junk is no more in demand.

Type	Indicator	Value	Comments

Daily	# of stocks up >4% on high volume	98	3 stocks with 100 million plus dollar volume.(M$V)
Daily	# of stocks down>4% on high volume	167	9 stocks with 100 million plus M$V
Primary	# of stocks up >25% in a quarter	981
Primary	# of stocks down>25% in a quarter	563
Secondary	# of stocks up> 50% in a month	4
Secondary	# of stocks down>50% in a month	3
Secondary	# of stocks up>25% in a month	44
Secondary	# of stocks down>25% in a month	95
Primary fast	# of stocks up>13% in 34 days	1220
Primary fast	# of stocks down>13% in 34 days	1209
MMA+	% of stocks in confirmed uptrend	34
MMA-	% of stocks in confirmed downtrend	36
10 day cumulative breadth ratio	#of stocks up> 4% in last 10 days/ #of stocks down>4% in last 10 days	0.75

Tuesday, November 10, 2009

The retirement problem

There is a nice article in the Washington Post about retirement savings. The article essentially argues for socialization of the retirement problem. Which is the wost possible solution.

Investors earn poor returns because they have very little understanding of stocks and mutual funds and do not have even motivation or inclination to do something about it. Mot average investors have no understanding of investment basics. People spend more money on their cable or cellphone bill per month than they spend in a year on educating themselves about how to invest.

The main point of the article are:

We don't save enough and we don't invest very well
Average American saves less than 5% of current income.
Average rate of return on stocks from 1871 to 2008 is 6.3%
But most people do not get that kind of returns
Because people investing in stocks do so through mutual funds and average mutual fund under performs the market
Mutual fund managers after fee have poor returns
Investors compound the problem by chasing returns in mutual funds.
According to the authors mutual funds tend to exhibit mean reversion.
As investors chase returns, they tend to move in to funds at wrong time , that is one of the reason they under perform funds.
So what can investors do, save more and invest better.

Market breadth confirms the bounce

	Market Monitor Market monitor is market breadth based market timing tool		Current Readings Bullish. Market is rebounding post a correction.

Type	Indicator	Value	Comments

Daily	# of stocks up >4% on high volume	483	66 stocks with 100 million plus dollar volume.(M$V)
Daily	# of stocks down>4% on high volume	85	3 stocks with 100 million plus M$V
Primary	# of stocks up >25% in a quarter	1032	We are back in positive territory. This market has had corrections , but they have been brief affair.
Primary	# of stocks down>25% in a quarter	517
Secondary	# of stocks up> 50% in a month	6
Secondary	# of stocks down>50% in a month	2
Secondary	# of stocks up>25% in a month	44
Secondary	# of stocks down>25% in a month	77
Primary fast	# of stocks up>13% in 34 days	1308
Primary fast	# of stocks down>13% in 34 days	1137
MMA+	% of stocks in confirmed uptrend	32
MMA-	% of stocks in confirmed downtrend	36
10 day cumulative breadth ratio	#of stocks up> 4% in last 10 days/ #of stocks down>4% in last 10 days	0.70	There are two big 1152 and 854 negative day in last 10 days. In next 2-3 days they will drop from cumulative total and this ratio would show 2 plus breadth thrust.

Sunday, November 01, 2009

On vacation

Will be back next week.....

Friday, October 30, 2009

Pre Market Movers

gnw
lvs
aixg
vvus
mgm
mpel
eljnpr
ire
hov
cno

Thursday, October 29, 2009

Pre Market Movers

amsc
rbs
pq
lyg
aixg
miti
akam
ing
spp
symc

Wednesday, October 28, 2009

Pre Market Movers

pdfs
uis
wsii
wbc
mnov
peet
cbi
wit
rmx
nati
rfmd
hrs
pnra

Tuesday, October 27, 2009

Top 10 ETF by relative strength

Pre Market Movers

slry
tmi
mvis
nlc
htz
fsbk
adg
podd
mdvn
uctt
cab
cog
lulu

The Amazing Review

The Amazing Stock Bee

In a previous post, I mentioned one blog(and so far the only one I can recall) that actually resulted in $$$ in my pocket. That blog is the excellent Stock Bee run by Pradeep Bonde aka EasyGuru. If memory serves me correct, EasyGuru originally started out as a marketing/advertising consultant in India and also taught MBA level courses in marketing. At some point he took his earnings and began researching methods of speculating in financial markets.

Members Feedback

Pradeep,

What attracted me most was your take on trading - "most important starting point for successful trading is methodology and methodology trumps markets". I have learned a lot and greatly benefited in all aspects of trading since joining the member's only site - specifically:

1. Market breadth (market monitor) : Your market monitor method to identify when to enter the market for trading and when to sit in the sidelines. Along with market monitor, your explanation on other important market breadth indicators has helped me not only in trading, but also take wise decisions in other investment accounts (eg. IRA funds).

2. Equity selection (momentum / growth / event catalyst) : Your input on how to select equities based on momentum / growth /event catalyst has helped me to identify key stocks that are breaking out. Also valuable was your input on identifying low risk areas for entry into such stocks.

3. Risk management (position sizing / initial stop / exit) : Risk management is a key part of successful trading. Here again your input on position sizing, initial stop and exit strategies was extremely valuable.

I also liked the following about your member's only service:
a.) Shortened learning time about market with your daily description about Market using Market Monitor (daily explanation of how to make the market monitor talk to you)
b.) No black-box approach (You explain everything in very plain, easy to understand language, no hidden stuff!)
c.) Your response to members questions (email / comments section questions) has been excellent. You have responded to my every email and comments section in question and that too in a timely manner.
d.) Your reviews about many trading books and how to make good use of / incorporate those strategies in our trading

In short, I believe your member's only site is excellent, full of information. I have been with your member's only site for almost two years and will be a member for coming years as well. There is no substitute for your member's only site, your experience and service to members. You are truly an "easy" guru!

Thanks,
sp

I have been trading the stock market for over 20 years with varying degree of success. Some years I made tons of money and in others I lost plenty. I always liked technical analysis and most of my buys were based on break outs on high volume. Some of them worked and many did not. Mostly because my timing of the market was wrong and the reason for the buying (and selling) was more a matter of chance than having solid logic behind it.

Over the years I have subscribed to various services and none of them was satisfactory. I kept switching from one to another looking for the golden fleece. I have been Stockbee member since October 2007. Your site is the first one to provide me with clear and concise method to time and execute trades.Your market timing system (Market Monitor) and your explanation and guidance in developing systematic trading method is more accurate and better than all. And best of all, you are not using a black box analysis, everything you do and the logic behind is in the open.

Since I started following things I learned on your site in my trading, instead of jumping all over the place like I used to do previously , now I have a precise method to focus on and the bottom line shows it. Thanks Stockbee. Frankly, I think you charge too little.

ybn,
Los Angeles, CA

Dear Pradeep -

I have been a member of your blog for several months now. I have been trading and have experimented with many things. However, I have found your approach to be most sensible.

Specifically -

A) Your Market Monitor framework for market timing is very robust. I have gone back and studied market monitor signals in last couple of years (I am still studying them in fact). This framework gives very good signals ahead of major market turns. Moreover, this framework gives signals in long and short time time frames which allows you to trade accordingly. Example - market monitor gave a "get out of the market" signal on 09/09/08 last year and "get in the market" signal on 03/18/09 this year

B) You also put your comments on your interpretation of Market Monitor signals that is very useful for members because its not just the numbers but the meaning of these numbers which is of importance

C) You approach to find individual stock ideas with strong stop loss discipline is keeping your members out of trouble. And the beauty is, you combine your market monitor signals with individual stock ideas so you can go on offense or defense accordingly

D) Also, your responsiveness. I have seen you answer EVERY question from the members. You have all kinds of members and you answer all of their questions and that brings them up to speed with your trading style

To sum it up, I don't think there is a comparable product / service available in the market place that offers the kind of value that you offer. Thank you so much Pradeep for your work and your offering.

Robin

Dear Pradeep,

I have been a member of the Stock Bee Blog for over a year now. I have been trading stocks for the past 10 years and was a broker with TD Ameritrade. I can honestly say that I have learned more from you and your blog in the past year than I learned in the past 10 years trading on my own. I have subscribed to numerous newsletters, blogs, and trading services over the past 10 years. None of them even come close to the methods you have developed.

In my opinion, your methods are truly revolutionary! In fact, of all the trading methods I have ever tried, only your methods have been significantly profitable. Your customer service to your members is absolutely first class! You have responded to every single e-mail that I have ever sent you and have done so in a timely manner.

Becoming a Stock Bee member has been the best decision I have made in my trading career. Thank you Pradeep!”

Dale

Member Feedback

Hi Pradeep

I am very impressed with your
Member's Only

site. It has helped me understand markets and trading a lot better. Your site in comparison to others is really geared towards making money.

The idea behind your Market Monitor is very original and I have not seen anything like this anywhere else.

Your focus on educating your members about your methods and trading is what distinguishes your site from everything else I have seen. I have learned more in last 3 months from you than I learned in five years of trading. I am amazed at the amount of information and details you share with members on a daily basis.
Keep the good work going.

Best Regards

Adam

Hi Pradeep:

I am impressed with your analysis, work and knowledge of this market. Your market monitor works really well, I watched today solar energy and fertilizer sectors as you predicted they could start to sell off and they started to do so.
Thanks a lot for sharing your knowledge and tools with us. Much appreciated.
Wish the best for you and your family for new year. Happy holidays.

Best regards,
Marina

Whether you are new to trading looking for a mentor or if you just want to know how someone is trading and what his strategies and methods are, then checkout Stockbee.

He is very helpful if you have any questions and his blog is one of the best trading blog. Inside you will find
awesome collection of posts on his trading methods and various interesting trading insights.

Get a membership and its worth every penny!

Vaniji

Pradeep

The dynamics of playing in the mine field of fear and greed is very challenging. Survival can be even harder. Pradeep I have observed the developments of your efforts for a while now and I wanted to let you know that I really appreciate your blogs and I am confident in what you present. Your intentions to aid willing participants to be successful becomes obvious each and every day. You provide strategies, scripts and demonstrate the development of your techniques which have reaped you success. Your attempts to further develop the depth and confidence for your readers by presenting references to snippets of materials that you have gleaned from successful professionals reflects your convictions to bring your audience along. In the past we have all seen many books and overpriced seminars (which try to upsell their members) that have very little yield. These references direct us to literature with solid content. What makes this blog compelling is your focus to present concrete strategies and to mentor participating members of your audience to succeed and deliver solid content that is relevant to the current market.
I personally wanted to send you this simple thank you and will be looking forward to further developments.

Take Care Murray

Pradeep,

I wanted to let you know how impressed I am with your members only website. I expected it to have a few extras, but I’ve been blown away by the amount of information you share every day. Your explanations of your methodologies and you sharing of stock-finding formulas have helped me greatly in my trading. Market Monitor is a tremendous tool for determining the underlying direction of the market and I have found no other site or service that has such a unique (and accurate) way of monitoring what’s going on underneath the hype.

Keep up the good work!

Scott
www.stockpunk.blogspot.com

Pradeep-

Just wanted to let you know once again how spot on your blog is to many of the questions I have in my head. I got really busy at work over the last few days and was a bit behind but you really nailed some of the questions and ideas I have been having. Your blog is just great and always so timely with some of the ideas I am trying to explore on my own but often am unable to focus my thoughts and figure out where to look for the information I want. Then some how with in a day or two almost miraculously you will have a post answering my questions or giving me the tools to execute my own ideas, or spur me on to thinking on the next level. I can not thank you enough for helping me make sense of so much information. You are great and very much appreciated. Thanks!

Rhonda

Mr. Bonde,
Just a note of thanks for your new Member's Site. I've been searching for an education like I've gotten from your teachings most of my life.
What truly differentiates this site from the others is that a learning process is involved. It's unique when someone will so openly share their vast knowledge and learning of such an important skill.

I was a member of Dan Zanger's service and I can honestly say this is truly much more useful. Being able to learn and be taught makes all the difference in the world. For less than what a month of membership at the Zanger site costs, I have obtained a year's worth of significantly better product.

Just your recent signal on the new "Signals" section to buy Activision four market days ago has paid for 40 years of renewals to StockBee.
Since joining I have been able to achieve a 30% return in my account. Thanks again.
David

Dear Pradeep

Just a quick note to thank you for your www.stockbee.biz site.

I was very skeptical when a trader friend suggested it to me two months ago. He had got great results and was very enthusiastic and spoke highly about it. Let me tell you, it was the best decision I made. Your site is very insightful and practical.

I trade IBD 200, Double Trouble and Episodic Pivots using the steps you detailed and few modifications of my own. I am having best results so far in my trading career with them. I have made money even in this downturn. The best part is , I did that by doing my own analysis using your scans and then comparing my selection with your final lists. I get similar picks on my own.

Your analysis and calls on BIDZ, MA, STP, MICC, WFR, and ATVI were simply great. They gave me 20% plus moves in just few days or weeks. The posts and analysis you made on IBD 200 this week, was simply great. I learned so much from that step by step analysis.

Now I know what you meant when you said "Methods Trump Markets". That is my new mantra. I have that sign prominently displayed on my trading computer, refrigerator, and even my shaving mirror.

Again thanks for your effort. I feel blessed to have found your site.

Happy Holidays

Mike

The Members Only area has opened my eyes to many profitable strategies. After implementing the steps highlighted by you, I have been able to successfully implement the IBD 200 strategy and last month made 20% profit.
Your explanation of thinking behind all the strategies has helped me learn why these things work. Everyday I am learning new things about market and how to extract money from the market.
Thank you for teaching me how to fish.
Rob

I consider trading to be a craft and the members area is an essential way to improve that craft. I have been a stockbee blog reader since the start of 2007 and have developed the utmost conviction that the trading methods (skill) and market understanding (knowledge) found here results in one thing - making money.
The members area has taken this to another level. The focus list helps me recognize the better candidates that the usual scans provide.
Crafts are difficult to transfer from one person to another but the candid answers to member questions allow me to understand the subtleties of the mindset of a successful trader in action and because of this I have already been able to internalize three significant improvements to my stock selection ability.
This may sound arrogant but I have no time for lazy people that expect answers to questions that have likely already been answered and could easily have been found by searching the blog archives. The members area is different. Subscribers give more thought to their comments and this makes the discussion richer. In addition, getting the perspective of other traders who are really serious about what they are doing can bring insight.

skytrader

The Members area of your blog has opened up possibilities of interacting on a more personal level where your research and in-depth analysis, grasp of subject, and experience you are willing to share and impart, thus exponentially reducing the learning curve one goes through.
This interaction motivates to meet challenges and undertake due diligence with assurance that one has a mentor or a guide and his research to back up methodology, ideas and a system to evaluate, conceptualize and adopt.
What fascinates me is that for each and every aspect of your methodology you have succinctly done an in-depth review and are sharing this with all your members without the any “black box” charges.
Each free moment for me now is a system or a methodology to be learned and perfected., from casual reading of a newspaper to the experience of making a trade and profiting above average returns.
This may not be possible without your members area.

Pravin

"The member area is GREAT,it is helping me become a good independent trader and has given me new systems that I can really use! Also the MARKET MONITOR from members area is great for market direction and early warning system! You have your fingers on the pulse of the market better than paid service or blog I have ever read !!! AND LET ME TELL YOU THAT SAYS ALOT!!!!"

Fred

"The member area helps me to become a knowledgeable independent trader. All aspects of trading are covered in great details with exact steps to help internalize the stuff. It helps me understand the fundamentals of various systems and regularly introduces new concepts that I can apply to these or any other trading systems.
I use Market Monitor from the Member Area to assess the long, medium and short term strength and direction of the Market that is so crucial for any trader. I also use it as early warning system for anticipating Market consolidation phase.
The member area has provide me with a network of good traders with whom I can interact. This site also provides daily buy and sell signals on various opportunities.

Finally, the member area puts me in direct contact with Pradeep whose knowledge and willingness to share knows no bounds."
Sita Raman

Disclosure

This policy is valid from 23 October 2009 This blog is a personal blog written and edited by me. This blog does not accept any form of advertising, sponsorship, or paid insertions in the content area. We write for our own purposes. However, we may be influenced by our background, occupation, religion, political affiliation or experience. The side panels display clearly marked advertising. The compensation received will never influence the content, topics or posts made in this blog. All advertising is in the form of advertisements generated by a third party ad network. Those advertisements will be identified as paid advertisements. The owner(s) of this blog is not compensated to provide opinion on products, services, websites and various other topics. The views and opinions expressed on this blog are purely the blog owners. If we claim or appear to be experts on a certain topic or product or service area, we will only endorse products or services that we believe, based on our expertise, are worthy of such endorsement. Any product claim, statistic, quote or other representation about a product or service should be verified with the manufacturer or provider. This blog does not contain any content which might present a conflict of interest.

This site may include market analysis. All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational purposes only and should not be construed as a recommendation to invest, trade, and/or speculate in the markets. Any investments, trades, and/or speculations made in light of the ideas, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk, financial or otherwise. I am not an investment advisor, and the content of the site is not an endorsement to buy or sell any securities.

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