StockScores and stock picks analysis

I recently attended a StockScores seminar in my city. It was a very interesting presentation by Tyler Bollhorn. Basically, it’s a sales pitch for an educational program it offers on how to learn how to buy and sell stocks effectively.

I was very impressed with the seminar and would recommend anyone to go see it when in town. He conducts free seminars in Toronto, Edmonton, Calgary and Vancouver.

Your company has a website called StockScores. On this site you can use their instructional material and technical analysis tools. It’s a great place to learn some of the basics of technical analysis, even if you don’t agree with some of their other techniques.

underlying principles
There are some underlying principles that it describes. You need to attend a seminar to hear them clearly. He also gives good examples. Basically it describes a couple of things that I agree with.

1. The market is efficient: there are events that will happen to the business and the market will reflect them quickly and efficiently. If it’s good, it will go up. If it’s bad, it will go down.
2. Be prepared to lose – Set stop loss. Don’t be afraid to get out of a bad deed. You should plan to lose on trades, but by a small margin.
3. The market is not fair – Yes. There are people out there with more information privileges and who can react before you.

I especially like the last one because it realistically reflects that you can’t predict where one action will go before the others. Basically, it describes a simple method to search for a series of stocks that meet certain criteria. After getting this shortlist, he starts to apply some basic technical analysis to determine if it is a good choice or not. You can read the full article published here