tag:blogger.com,1999:blog-5375291312433129989.post5798219218748494981..comments2023-06-03T05:06:58.216-04:00Comments on The Lazy Trader: How to evaluate and choose a trading newsletterHenrikhttp://www.blogger.com/profile/05792195649092816606noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5375291312433129989.post-71186619434011997782012-12-14T20:22:18.449-05:002012-12-14T20:22:18.449-05:00Those are indeed good ideas!
Thanks for contributi...Those are indeed good ideas!<br />Thanks for contributing to the discussion OptionIO!The Lazy Traderhttps://www.blogger.com/profile/08598866019359750526noreply@blogger.comtag:blogger.com,1999:blog-5375291312433129989.post-25173566821810658552012-12-14T10:55:06.307-05:002012-12-14T10:55:06.307-05:00These are very good guidelines.
Having tested man...These are very good guidelines.<br /><br />Having tested many trading services myself, I would add a few more guidelines.<br /><br />1. How do the managers handle bad trades? Do they just exit, if so at what point? Do they hedge? Do they add to a position? <br /><br />2. How well do they comminicate their ideas and trade rational? In my experience, the best ones communicate more often than not. There are many that simply send their alerts with no additional trade rational. Personally, I have found these to leave me more uncomfortable, and generally underperforming.<br /><br />3. Do they *really* pay attention to macro-events? They all say they do, but how do they design their trades around big and known events such as the Fed unveiling QE13 or a presidential election. They don't have to be right all the time, but clearly articulating a plan of attack around these events shows more wisdom.<br /><br />And cash is a position.OptionIOhttp://optionio.comnoreply@blogger.com