The QQQQ trading technique hit the investment world by storm 12 years ago.
Every John that could put up a internet site began supplying his QQQQ trading alerts for approximately $25 per month.
In the event that you ever in your life signed up for this kind of a service then you already recognize, it's garbage.
These kinds of QQQQ trading internet sites that are allegedly going to allow you to make a good deal of bucks with their built up trading systems are merely around to help the proprietor of the internet site make money off you.
Returning in the later part of the 90's, I just had to try such a system to see what it was exactly about. I opted for a QQQQ trading service from a business called Highlight Investments Group.
You never really are able to end up with the same profits that they report on the website because of slippage. Highlight Investments Group just totally disregards the cost of placing a trade. As an illustration, their website reveals, "Long 7/22/2010 Enter at $45.93 7/23/2010 Sell at $45.98 For a 0.11% Gain". So the website reports this stock trade as a gain! Having the cost of the trade figured in, this stock trade was a loss for almost all unless of course you are trading some $100,000 dollars in QQQQ and even then, you'd probably almost certainly have your order filled in multiple chunks on the way up.
A more genuine system by Highlight Investments Group would be to cut 2% off each and every signal for slippage as if someone put $1,000 at risk using their trading signals.
Highlight Investments Group has on their internet site: "QQQQ Signals - Past 3 Months - Our Compound Returns = 17% - Buy & Hold Returns = -9%"
This is a excellent model of how you can use numbers to lie. The impression you get is that if you bought and held, you'd be down money, but if you used their trade signals, you'd be up 17% over the past 3 months. Why did they use 3 months? What if you used 1 month instead? Over 1 month, a buy and hold strategy would have you up virtually 10% in QQQQ while using their signals would have you up only 3.5%, and that's not counting slippage which would add another 5% (3 trades over last month at about 1.5% cost per trade) loss on the downside for a total loss of -1.5%!
Don't you know that if Highlight Investments Group was actually able to crank out these kind of returns, why would they be seeking to sell the system to you for $30 a month? Why would they deal with irritated clients crying out for refunds, website hosting fees, business filings, income taxes, IRS business returns, and the dozen other things a online business has to cope with. Would not they just quietly utilize their own system to turn into wealthy investors without having all the concerns associated with running their own online business?
You are much better off folks studying how to stock trade and performing technical analysis on your own as opposed to using some sort of secret black-box top secret buy and sell signals you have no concept how they were derived and are not authorized to look inside and analyze.
In this video tutorial, I execute technical analysis on QQQQ and offer you my opinion on where this market is going.
The QQQQ trading technique hit the investment world by storm 12 years ago.
Every John that could put up a internet site began supplying his QQQQ trading alerts for approximately $25 per month.
In the event that you ever in your life signed up for this kind of a service then you already recognize, it's garbage.
These kinds of QQQQ trading internet sites that are allegedly going to allow you to make a good deal of bucks with their built up trading systems are merely around to help the proprietor of the internet site make money off you.
Returning in the later part of the 90's, I just had to try such a system to see what it was exactly about. I opted for a QQQQ trading service from a business called Highlight Investments Group.
You never really are able to end up with the same profits that they report on the website because of slippage. Highlight Investments Group just totally disregards the cost of placing a trade. As an illustration, their website reveals, "Long 7/22/2010 Enter at $45.93 7/23/2010 Sell at $45.98 For a 0.11% Gain". So the website reports this stock trade as a gain! Having the cost of the trade figured in, this stock trade was a loss for almost all unless of course you are trading some $100,000 dollars in QQQQ and even then, you'd probably almost certainly have your order filled in multiple chunks on the way up.
A more genuine system by Highlight Investments Group would be to cut 2% off each and every signal for slippage as if someone put $1,000 at risk using their trading signals.
Highlight Investments Group has on their internet site: "QQQQ Signals - Past 3 Months - Our Compound Returns = 17% - Buy & Hold Returns = -9%"
This is a excellent model of how you can use numbers to lie. The impression you get is that if you bought and held, you'd be down money, but if you used their trade signals, you'd be up 17% over the past 3 months. Why did they use 3 months? What if you used 1 month instead? Over 1 month, a buy and hold strategy would have you up virtually 10% in QQQQ while using their signals would have you up only 3.5%, and that's not counting slippage which would add another 5% (3 trades over last month at about 1.5% cost per trade) loss on the downside for a total loss of -1.5%!
Don't you know that if Highlight Investments Group was actually able to crank out these kind of returns, why would they be seeking to sell the system to you for $30 a month? Why would they deal with irritated clients crying out for refunds, website hosting fees, business filings, income taxes, IRS business returns, and the dozen other things a online business has to cope with. Would not they just quietly utilize their own system to turn into wealthy investors without having all the concerns associated with running their own online business?
You are much better off folks studying how to stock trade and performing technical analysis on your own as opposed to using some sort of secret black-box top secret buy and sell signals you have no concept how they were derived and are not authorized to look inside and analyze.
In this video tutorial, I execute technical analysis on QQQQ and offer you my opinion on where this market is going.
The QQQQ trading technique hit the investment world by storm 12 years ago.
Every John that could put up a internet site began supplying his QQQQ trading alerts for approximately $25 per month.
In the event that you ever in your life signed up for this kind of a service then you already recognize, it's garbage.
These kinds of QQQQ trading internet sites that are allegedly going to allow you to make a good deal of bucks with their built up trading systems are merely around to help the proprietor of the internet site make money off you.
Returning in the later part of the 90's, I just had to try such a system to see what it was exactly about. I opted for a QQQQ trading service from a business called Highlight Investments Group.
You never really are able to end up with the same profits that they report on the website because of slippage. Highlight Investments Group just totally disregards the cost of placing a trade. As an illustration, their website reveals, "Long 7/22/2010 Enter at $45.93 7/23/2010 Sell at $45.98 For a 0.11% Gain". So the website reports this stock trade as a gain! Having the cost of the trade figured in, this stock trade was a loss for almost all unless of course you are trading some $100,000 dollars in QQQQ and even then, you'd probably almost certainly have your order filled in multiple chunks on the way up.
A more genuine system by Highlight Investments Group would be to cut 2% off each and every signal for slippage as if someone put $1,000 at risk using their trading signals.
Highlight Investments Group has on their internet site: "QQQQ Signals - Past 3 Months - Our Compound Returns = 17% - Buy & Hold Returns = -9%"
This is a excellent model of how you can use numbers to lie. The impression you get is that if you bought and held, you'd be down money, but if you used their trade signals, you'd be up 17% over the past 3 months. Why did they use 3 months? What if you used 1 month instead? Over 1 month, a buy and hold strategy would have you up virtually 10% in QQQQ while using their signals would have you up only 3.5%, and that's not counting slippage which would add another 5% (3 trades over last month at about 1.5% cost per trade) loss on the downside for a total loss of -1.5%!
Don't you know that if Highlight Investments Group was actually able to crank out these kind of returns, why would they be seeking to sell the system to you for $30 a month? Why would they deal with irritated clients crying out for refunds, website hosting fees, business filings, income taxes, IRS business returns, and the dozen other things a online business has to cope with. Would not they just quietly utilize their own system to turn into wealthy investors without having all the concerns associated with running their own online business?
You are much better off folks studying how to stock trade and performing technical analysis on your own as opposed to using some sort of secret black-box top secret buy and sell signals you have no concept how they were derived and are not authorized to look inside and analyze.
In this video tutorial, I execute technical analysis on QQQQ and offer you my opinion on where this market is going.
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