By Peter Dragunsky
Even seasoned stock market traders rely on a stock market system to help them decide what stocks to pick or invest in. So, if you are planning to try your luck in stock market trading, you should also consider using a market trading system. Since there are many stock market systems available on the Internet, you may find it hard to choose one for you. Naturally, all of the companies that offer these applications will claim that they are the best in the market. To help you out, here are some hints that you might want to remember in picking the best system for you.
The reason why you are looking for a stock market system is primarily to get instant quantitative analysis and adequate information to help you make a decision on what stocks to pick. Thus, you need a stock research system that takes into consideration not only the price-earnings ratio but also other important key factors and historical data analysis. Furthermore, you should also ensure that the data provided by the stock picking program is updated daily. Since you need the most current data available before you pick a stock to buy or sell, the stock trading software you choose must always have fresh information.
Although the analytic hierarchy process used in analyzing stocks is very important, you also need to realize that there are certain external factors that can affect the price movements in the stock market. Sometimes, the resignation of the chief executive, unprecedented disasters in particular areas around the world, announcement of a new exciting product, or even debt payment default by a foreign entity or borrower can affect the rating of a particular stock. Thus, the stock market system that you use should offer industry evaluations, sector weightings and EPS revisions or surprise stocks.
Even if you have already acquired stocks, you should still keep abreast with what is happening in the stock industries you follow. Thus, the stock market system that you pick should also offer a stock market research newsletter on a regular basis. This newsletter should provide industry forecasts and even bond market forecasts, among other things. By the way, it is also a wise move to use a stock trading system that can provide you with a month-long trial for a minimal fee. A company that is willing to give you trial access to its research system for a very a nominal fee is an indication that it is confident about its stock market strategies, forecasts and recommendations.
One system I use is the Quantitative Stock Research (QSR) System from www.rabbittanalytics.com. It evaluates stocks based on a Quantitative Rank or Q-Rank. Q-Rank is a combination of nine fundamental and technical models for each stock. It combines a Technical Sub-rank (TSR) which measures relative strength, return reversal, price/200-day moving average and industry combo; and an Earnings Sub-rank (ESR) which offer further insight into the qualities influencing the total Q-Rank by measuring: earnings surprise, earnings Revision, earnings acceleration, earnings consistency, return on equity, EPS Growth, P/E (price/earnings ratio), and Growth to P/E.
Rabbitt Analytics' performance has been continuously published since June 1992 and show a 19.2% return on its' recommended strong buys. Although Rabbitt Analytics' gives you the buy and sell-signals you need to beat the market, it should be used to help you by complementing and not replacing your other research.
The reason why you are looking for a stock market system is primarily to get instant quantitative analysis and adequate information to help you make a decision on what stocks to pick. Thus, you need a stock research system that takes into consideration not only the price-earnings ratio but also other important key factors and historical data analysis. Furthermore, you should also ensure that the data provided by the stock picking program is updated daily. Since you need the most current data available before you pick a stock to buy or sell, the stock trading software you choose must always have fresh information.
Although the analytic hierarchy process used in analyzing stocks is very important, you also need to realize that there are certain external factors that can affect the price movements in the stock market. Sometimes, the resignation of the chief executive, unprecedented disasters in particular areas around the world, announcement of a new exciting product, or even debt payment default by a foreign entity or borrower can affect the rating of a particular stock. Thus, the stock market system that you use should offer industry evaluations, sector weightings and EPS revisions or surprise stocks.
Even if you have already acquired stocks, you should still keep abreast with what is happening in the stock industries you follow. Thus, the stock market system that you pick should also offer a stock market research newsletter on a regular basis. This newsletter should provide industry forecasts and even bond market forecasts, among other things. By the way, it is also a wise move to use a stock trading system that can provide you with a month-long trial for a minimal fee. A company that is willing to give you trial access to its research system for a very a nominal fee is an indication that it is confident about its stock market strategies, forecasts and recommendations.
One system I use is the Quantitative Stock Research (QSR) System from www.rabbittanalytics.com. It evaluates stocks based on a Quantitative Rank or Q-Rank. Q-Rank is a combination of nine fundamental and technical models for each stock. It combines a Technical Sub-rank (TSR) which measures relative strength, return reversal, price/200-day moving average and industry combo; and an Earnings Sub-rank (ESR) which offer further insight into the qualities influencing the total Q-Rank by measuring: earnings surprise, earnings Revision, earnings acceleration, earnings consistency, return on equity, EPS Growth, P/E (price/earnings ratio), and Growth to P/E.
Rabbitt Analytics' performance has been continuously published since June 1992 and show a 19.2% return on its' recommended strong buys. Although Rabbitt Analytics' gives you the buy and sell-signals you need to beat the market, it should be used to help you by complementing and not replacing your other research.