This video is an example of Harry Boxer of TheTechTrader.com explaining swing trading activities after the market closed on 10-16-2012. The company used technical analysis to provide stock picks for both short term and long term traders. Read on for information to get his current picks and market analysis.
Introduction
There are many stock picking services on the Internet. Some provide stock picks for short term investing, some for long term investing and others for both. Some may just provide you with tools that you can use to select the stocks you would like to trade. The bottom line is - you the trader will have to decide which trader you are going to be and which service you are going to use if any. Most of the services are very similar, but the differences are found mainly in how they present their information.
In this article, I will focus on day trading and swing trading stock picks by The Technical Trader. Swing trading is considered short term trading because traders hold their positions for less than a year. I have tried several programs, stock trading software, and stock picking services and I hate to say it but I did not find one service that meet my needs. As a result I develop my own trading style/plan. Nevertheless, all these services have good points and if any service meets most of your requirements, then that may be a good service for you.
Harry Boxer of The Technical Trader Stock Picks
The Technical Trader stock picking services are for both long and short term traders. Harry Boxer uses mainly technical analysis to pick his stocks, but he would also make comments about a stock that are about the fundamentals of the stock. His picks vary from penny stocks to expensive stocks so you have a wide range of price to choose from.
During the course of the day Harry would come online in a live audio/video presentation and give his daily day trading stock picks and swing trade picks. He would give entry, stop loss, and exit points. He would later give updates to his picks and you would see his screen as he uses technical analysis to explain and analyze his picks. Harry loves to draw trend lines and he explains them very well.
Free Trial
The Technical Trader also offers a free trial so potential subscribers may try before they buy. When you sign up to use their free service you must use a credit card. However, if you choose to cancel the service they will do so with no questions asked.
Picks Update And Market Analysis
Every evening, after the market is closed Harry would review his picks and the movers of the day in a video that is emailed to his subscribers. In this video he also updates his picks. Go to www.thetechtrader.com and click on "Charts of the Day" on the navigation bar to watch his latest video update.
Pros
In my view, The Technical Trader is one of the best stock picking service I have tried. In my personal plan I will be re-visiting Harry Boxer at The Technical Trader as my investing activities increase. I love his list of "Boxer Shorts".
Cons
My main concern with The Technical Trader also lies with all the other services I have tried. If you don’t have enough capital to invest in several opportunities then the service may not be for you. For example if you choose a stock to invest in from their picks and you get stopped out it may be a significant lost to a small portfolio. However, this and other risks are what you take as you enter into the world of stock market investing.
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