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Hi Jerry,
Below is an email for the latest version of Smart Downloader, a free
software add on for metastock that gives you access to free data.
I've used yahoo for more than a year now with no issues to note.
Ignore the comments of "you get what you pay for" because they are
either selling data or needlessly paying for it.
When you are using end of day data you'll only be buying and selling
at irregular intervals. It may be months/years between a purchase
and sell if you've picked the right stock.
Only keep between 6 and 10 stocks, have no more than 20% of your
bank in one stock (adjust 2 times a year) and allow no more than 2%
of your total bank as a stop loss. eg $10,000 total bank would be
max loss on any stock $200.
Large diversification of funds is the reason for losses not the
prevention of same. This is why you should have no more than 10
packets.
If you've made more than 10% profit in a month... put in a very
tight stop and sell as soon as it breaches. No stocks can maintain
this growth for long... 150%+ so they are going to drop quickly whan
others sell. You can always buy the back when the rise again.
Hope this helps. Smart Downloader Email to follow.
Cheers
Peter
Auckland NZ
Dear Free Tools User,
Equis Smart Downloader 1.0.0.36 v2005 is available to download.
What's new:
A. Optimized code on WinXp SP2 and Win .NET B. Optimized Yahoo and
MSN Datafeeds
In order to download you need to be registered and logged on our
Forum http://forum.hypertrader.ws
More detail and additional information are available at:
http://www.hypertrader.it/sdownloader.shtml
For update correctly to new version, is required to uninstall the
version in use, before to start the new installation.
If you have any questions do not hesitate to contact us immediately.
Yours Sincerely,
HyperTrader Tech. LLC
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