Which Trading Platform Is Right For Your Investment Style?
In a word, none. Okay, if you’ve already spent a grand on some hot-shot trading platform, it’s a good tool for keep records of growth, chart development and other analytics. But the fact is that Confident Trader doesn’t employ a trading platform.
Here’s why:
1. A trading platform is only as good as the programmer who coded the software. There are hundreds, maybe thousands of trading platforms, investment “systems” and other confusing, investment gibberish. I don’t like gibberish. It gives me the “willies” and a massive headache.
So, if your trading platform designer is a big-wig, stock-picking whiz, it might take you six months to figure out how to arrange a stop sell order through your broker in Switzerland, 10 time zones away!
2. A trading platform usually employs templates and a series of filters to only send relevant data to the day trader’s screen. These variables can be changed to suit the investment needs of the but once again, you’re spending night trying to figure out how to turn off the “Add European markets.”
The problems with most platforms is that they assume a great deal of market and software knowledge on the part of the user.
3. Platforms are for traders. Obvious, right? But active, professional traders, or day traders who buy and sell the same stock a hundred times a day automatically, each time generating a $20 profit, not a bad day at the home office.
4. Market conditions change more quickly and frequently than software updates do.
Despite it’s name, Confident Trader, the investor gnomes who make up our self-supporting community are anything but buy and sell, turn-around, fast-buck day traders.
On the contrary, we encourage our members to maintain a modified buy-and-hold strategy for a couple of sound, investment reasons:
1. Our portfolio is based on stocks that have exhibited identifiable trends that act as buy and sell signals. We track these share price figures but don’t move on every up our down tick.
2. Our philosophy is to take positions in up-and-comers and ride that stock for a long time. In fact, some of our holdings have been in our portfolio for five years – and still climbing. Why sell an appreciating asset.
Confident Trader’s Investment Model
The movement of stock markets are somewhat predictable. Not 100% predicable or we’d all be wearing diamonds on the soles of our shoes. But, years of analysis have identified certain indicators that tell shareholders it’s time to take positions or time to bail.
No trading platform required. Just the opposite is true. Using Confident Trader’s buy-and-hold strategy, you can follow our selection criteria and find your own diamonds in the rough, or simply track the CT Portfolio to see how the stocks of our featured companies are doing.
You don’t need a complicated, expensive trading platform. You don’t need live price feeds. In fact, you don’t have to check in every day to see how things are going in your micro-cap portfolio.
No, there are no guarantees that past performance is an indicator of what the future holds. Way too many variables – everything from oil inflation to a terrorist attack. But can you find a better predictor of what’s around the corner than how the stock has been performing of late. No guarantees, but lots of sign posts. In fact, (to let you in on a little secret) we presume that the past performance of our featured stocks is just the opposite of what the future holds !
So, if you're looking for another one of the "Make a Million Before Bedtime" schemes, you've come to the wrong place. On the other hand, if you want to learn how a portion of your assets in a productive micro-cap portfolio can seriously juice up returns, Confident Trader is the key to high returns, and lowered risk. Over time- a unique formula that makes big money for investors.
