Friday, November 16, 2007

Stock Pick Guide

Stock Pick is the key of stock investing. With many stocks out there, we need to know which stock should we buy, and which stock we should sell. If you choose well, then you’ve reach glory, if you choose the wrong stock then might just say goodbye to your money. Stock pick is actually the key for success, and the guide for glory. Just follow and stick with your pick strategy, and you’ll reach your goal. But remember that there’s no guarantee that your pick strategy will be 100% accurate, because there’s a lot of factor which influence a company performance, and many of it is tangible like brand, employee competence, and human emotional. Many people use screener as a strategy to pick stock. There are many popular screener, like Graham screener for the value investing method. You can modify the screener to fit your character. If you are risk averse or risk taker, you can change the screener to increase the effectiveness. Other poeple uses software like Vector2000 Stock Systems or pitbull investor which gives advanced technical analysis and market forecasting for short term stock market trends, c/w trade recommendations, timing indicators, enhanced quotes / charts and MarketMeter. These software is made by expert which can make life easier. There are various stock pick strategy, which are:
Fundamental analysis , buying stock with good financial fundamental.
Technical Analysis , buying stock based on previous price data.
Value Investing , buying stock which is undervalued.
Growth Investing , buying stock with high growth.
Income Investing , buying stock which give regular dividend.
Penny Stock, low price stock.
Please remind that it is very crucial for you to choose your own stock pick style, not following other people style. If it’s good for them, it might not good for you. So know your characteristic, and the pick strategy characteristic.