Tradersí 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
youíre checking out is a Registered Investment Advisor (RIA) or a registered Commodity Trading Advisor (CTA). Though it doesnít weed out the foolish 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.