V.18:9 (98-105): Traders’ Resource: Advisory Services
Product Description
Traders’ Resource: Advisory Services
Advisory services are all over the place, as this listing shows. You have plenty of choice and plenty of price points to consider.
One key factor is whether the outfit you’re checking out is a Registered Investment Advisor (RIA) or a registered
Commodity Trading Advisor (CTA). Though it doesn’t weed out the foolish advice, the act of registration puts the person or persons under the government’s scrutiny. In this listing, filled in by the companies themselves, you’ll find RIAs and/or CTAs in the first part, with nonregistered advisories and other advisory-type services in the latter part.
If it’s 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 advisor’s rationale and recommendations is prudent. Commit money to trades only when you are ready to follow the advice thoroughly: you’ll only have yourself to blame if you cherry-pick trades and come up with results differing from the advisor’s.
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Professional Traders' Starter Kit |
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5-year subscription to Technical Analysis of STOCKS & COMMODITIES, The Traders' magazine. (Shipping outside the US is extra. Washington state addresses require sales tax based on your locale.) 5 year access to S&C Archive 5 year access to S&C Digital Edition5-year subscription to Traders.com Advantage. 5-year subscription to Working Money. Free book selection. |
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