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Title: Bad recommendation? Post by: Super Stock Picker on January 06, 2007, 01:44:58 AM Your suggested buy AXP on TSE for Jan 4 actually ended way down.
Nazir P. Title: Re: Bad recommendation? Post by: Super Stock Picker on January 06, 2007, 01:46:29 AM Hello,
Indeed, when a stock is recommended as a buy, it does not mean that it will only show winning daily performances. Some of our recommendations actually end up in the red. Let me summarize here how our system works: - Our portfolios regroup stocks that meet predefined criteria. - All the stocks that meet those criteria are bought into the portfolio. - Any stock that does not meet anymore the portfolio's criteria is sold . The idea behind this automatic way of trading is to remove all the emotions and human errors. This should in theory help to repeat in the future the same kind of performances than those we got in the past. Our 2 years of historical data seem to prove this theory quite well. So, this also means that some trades will be winners and some others will be losers. You can check all the transactions executed since the inception of all the portfolios on the historical orders pages. Here is the example of the Earnings Estimate Upgrades Weekly portfolio: http://www.superstockpicker.com/portfolio_Earnings_Estimate_Upgrades_Weekly_historical_orders.html With all this information, you are able to determine if a given strategy fits you or not. And do not forget that you should not judge the performance of our portfolios and recommendations on a particular trade but on the long term return as shown in the historical performance graph of each portfolio. I hope this explains your question about the first days of this trade. |