www.robotpickedstocks.com

Here are a selction of stocks picked by software for short term trading on 3 March.

The detail about how it works is at : -

http://www.moneyam.com/InvestorsRoom/ShowPostList?fID=1&tID=1008

If you have any comments or suggestions (helpful ones) then please post them here.



BRT, GPOR, INWS, TFG

www.robotpickedstocks.com

Thanks a lot Haystack. This is the type of 'quick' trading I want to get into which is why I asked, I'm impatient, I couldn't wait 'years' as some do. I do do some research but to be honest I havn't got to grips with all the jargon and facts/figures yet which is why I need a starting point. Will now look at your stocks for tomorrow. Many thanks once again, we all have to start somewhere....

Amber

ps. do you trade any yourself and if you were going to pick just one for tomorrow which one MAY that be???

I rarely trade them myself as I don't think the system is reliable enough. I would not recommend trading the picks at all, especially if you are a novice. It is not often that you find stocks that will make you money very quickly and if you are starting then I would n't even try. I suggest you do some paper trading although that does not give a realistic fell for it. If you do start then start with small trades. It is not always the entry point that is difficult, it is knowing when to sell. Many of us have let profits evaporate by holding too long. I would also recommend some training courses.

I use the picks as a starting point to investigate further. There may be reasons the stocks were picked by the software such as rises over a recent period, but the reason could be that there is a takeover bid current. A bit of research might tell you that the price was already as high as it was going to get as the bid has gone through and is now final. There all sorts of reasons why a stock might look like a buy to software, but is not a buy when looked at in more detail. Soke days the picks look pretty good. I have traded ICI, BDEV, GAA, QED and a few others that the software picked over the last couple of months and if you look at the charts they were all good choices.

Thanks for your input. I did notice that I already held 1 of the picks so didn't buy today, that was TLW. I found the digital site which gives me list of one months prices so looked at that and as you said these are stocks already rising, I need to get the info BEFORE that as the amounts I am buying will not make me a living on a few pence movement. Good system though if you pick the right ones as you say. I did buy Petroceltic when I started. Bravely put on 2k but a month later and I looked and had made 1,200 I panicked and SOLD. Nice profit for my second only share but they are 6p now!! (sold at 4) so I have learnt I should have only sold half. I've a long way to go I'm sure but I'll keep reading everyones experiences.. Many thanks again.
Amber

ps. Can you recommend a training course

Have alook at thos page. There are several very good courses.

http://www.snappytrader.com/bigtrain.htm

I would also recommend upgrading your MoneyAM subscription to a traders BB acount and reading the traders thread every day as there are somewhwhere in the region of 150+ posts per day from active traders on that thread.