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Metastock is about $499.00 i think it is the best trading program and
it has all the tutorials to be a beginning trader started and with
hard work become an expert. If one is not willing to put in the time
to become an expert to learn the tools of trading like metastock then
they will never become a successful trader. Try to be as
knowledgeable as Jose in the metastock programming and an expert in
market valuation like Buffet.
Kev
--- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@xxx> wrote:
>
> Scott,
>
> Phase 1 and Phase 2 (part of the Investools methodology) is all
> about value investing. Maybe that should be value trading instead
of
> investing. While it may not be buy and hold, it certainly is about
> making decisions based on value judgements. Phil Town's book also
> supports this philosophy.
>
> I certainly agree about the expense. I also agree about the
> education aspects and felt that they did a good job with it.
> Although trading is more than making purchases based on the 3
> signals they use.
>
> In the end you have to make a decision about the expense versus the
> benefit. $12K for the education is a bit steep for my taste.
Doesn't
> mean its wrong though especially when I beieve it can be done for
> far less.
>
>
> Preston
>
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "Scott and Sarah Gorman"
> <TradingFloor@> wrote:
> >
> >
> > Preston,
> >
> > I am an Investools student, and I am enrolled in their two-year
> program.
> > Investools has nothing whatsoever to do with value investing.
> Value
> > investing is the Graham/Buffet buy-and-hold strategy. The major
> focus of
> > the Investools program is on educating people how to trade stocks
> and
> > options. It's an excellent, although expensive program. I've
> learned a
> > great deal over the past seven months and have added MetaStock to
> my
> > armamentarium, primarily for backtesting trading strategies.
> >
> > Scott
> >
> > (On the Trading Floor)
> >
> > "Don't let the market make a monkey out of you"
> >
> > Dr. Scott Gorman
> > 6340 NE 19th Avenue
> > Fort Lauderdale, FL 33308
> > Tel: (954) 202-3536
> > Fax: (954) 337-0704
> > Cell: (954) 288-2020
> >
> > PLEASE NOTE: Any attachments to this message have been scanned
by
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> >
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> not the
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> immediately and
> > delete the related e-mail and any attachments.
> >
> >
> >
> > ________________________________
> >
> > From: equismetastock@xxxxxxxxxxxxxxx
> [mailto:equismetastock@xxxxxxxxxxxxxxx]
> > On Behalf Of pumrysh
> > Sent: Saturday, November 25, 2006 1:26 AM
> > To: equismetastock@xxxxxxxxxxxxxxx
> > Subject: [EquisMetaStock Group] Re: Interested In buying Metastock
> >
> >
> >
> > Mitch,
> >
> > I have attended a seminar as well. Investools and Metastock are
> two
> > completely different animals.
> >
> > I believe the focus of Investools is value investing using the
> > investment signals of their guru, Phil Town...Basically MACD,
> > Sochastics, and volume. The stock picks are not your run of the
> mill
> > but are high quality selections which should offer some good
> returns.
> > Of course nothing in trading or investing is guaranteed. To
better
> > understand Phil's ideas just buy the book...its cheaper than the
> > lowest Investools entry level. There really are no secrets to
> Town's
> > method. Its been around forever and you'll find similar
sentiments
> > from Jim Cramer, Warren Buffett, and Peter Lynch.
> >
> > Metastock on the other hand will assist you with understanding
> > Technical Analysis. You'll be able to better understand and
> generate
> > entry and exit signals on any stock regardless of its quality or
> > potential future value.
> >
> > Do you need to purchase either of these products? Nope!
> >
> > You can get every one of the Investools ratings for free from a
> number
> > of other sources. You can also develop your own rating system if
> you
> > want. Town even tells you how in his book. Actually I've gone to
> sites
> > such as Reuters and MSN and found some really great tools for
> free.
> >
> > Will you benefit from having Metastock? If you really take your
> time
> > and do your homework you will find that a lot of TA is pure crap.
> > Oddly enough when something of really good value is adapted by
the
> TA
> > community it usually is so misunderstood that you would do just
as
> > well to flip a coin. There are a few exceptions. In the end if
you
> > were to go to several of the big dogs in the business what you
> would
> > find out is that they use very simple methods. More importantly
> you
> > can find plenty of free TA programs on the internet.
> >
> > So why bother with Metastock at all. The benefit is in being able
> to
> > play with charts in a way that you cannot do with the freebee
> > products. You can plot indicators on charts in a way that you can
> best
> > understand them. Your signals are just that...yours.
> >
> > In the end here is what I would do. Purchase Town's book and read
> it.
> > Use the ideas from it to select some stocks that you would like
to
> > follow. Then use Metastock to follow the stocks you have
selected.
> Use
> > the signals generated by Metastock to tell you when to buy and
> most
> > importantly when its time to sell. By no means should you count
on
> the
> > learning curve as being a short one. It will take you time to get
> > comfortable with what you are doing. Even then I would use
caution
> > before you venture into the waters of trading/investing.
> >
> > Best of Luck,
> >
> > Preston
> >
> > --- In equismetastock@xxxxxxxxxxxxxxx
> > <mailto:equismetastock%40yahoogroups.com> , "certifiedplbg"
> > <MitchKenney@> wrote:
> > >
> > > Attended the Get Motivated seminar and almost bought the
> Investools
> > > but heard about this through scam.com I've heard through a
> couple
> > > people this program is a lot better. Can anybody tell me about
> it,
> > how
> > > it would be for a rookie investor. Thanks
> > >
> >
>
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