Hello all you trading gurus.
I'm looking for a website or company that I can join that will send out ETF or Stock buy/sell signals. I've looked at a few and taken a few of the trades they've recommended with fair at best results.
There looks to be plenty of these sites out there. Some offer a free or discounted membership for a month. I checked out one that posted a real nice win average with gains from 80-120 percent a year. Once I got into the site I saw why they had such good numbers. They had positons open on a bunch of trades from over a year ago. I did some math and figured they would be over 100% in the whole if they sold those "turds".
What I've seen is a lot of "hot air" and super slick sales pitches. My favorite motto is "a fool and his money soon part ways"..........I've ran a few of the recommended trades on a simulator account and wasn't impressed. I did run one on the SSO real money and made a nice profit.
Has anyone used a site like this? If so, how'd it work? Do you have any recommendations on one that you think is good? (Of course I'd use it at my own risk) I don't have any problem paying for a monthy membership if it works. It seems like money well spent if I can get a couple/few decent trades every week or two.
Any input would be greatly appreciated............Thanks