Stocks & Commodities V. 23:5 (82-88): Tradersí Resource: Advisory Services by Technical Analysis, Inc.
Advisory services are all over the place, as this listing shows. You have plenty of choices and price points to consider. One key factor is whether the outfit youíre checking out is a Registered Investment Advisor (RIA) or a registered Commodity Trading Advisor (CTA). Though it doesnít weed out the undependable advice, the act of registration puts the person or persons under the governmentís scrutiny. In this listing, filled in by the companies themselves, youíll find those who have RIA and/or CTA certifications as well as those who are nonregistered advisories.
If itís trading advice you seek, then track records are
essential, preferably records monitored by third parties. References should also be checked, and if publications are involved, back issues should be scanned. Even then, a lengthy observation period following the advisorís rationale and recommendations is prudent. Commit money to trades only when you are ready to follow the advice thoroughly: youíll only have yourself to blame if you cherry-pick trades and come up with results differing from the advisorís.
This listing may also include other types of products that are not strictly advisories but that may provide advice or recommendations, such as newsletters, commentary, hotlines, and educational services. This listing is only a sample of products offered; you may find additional products from these and other companies in the Tradersí Resource database
at our website, Traders.com.