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Tuesday, 11/18/2003 2:45:43 PM

Tuesday, November 18, 2003 2:45:43 PM

Post# of 241
Commercial Timing Service used by Warpfactor:
http://www.investorshub.com/boards/read_msg.asp?message_id=1779606

Post copied verbatim below:

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Here is the timing service that I subscribe to:

http://www.qqq-trading-system.com/trade_history.asp

There are 4 or 5 other timing services out there, most charge $30 per month (The Timing Cube, et. al.). I subscribe to this one because:

1) They focus on ST scalp type trades, otherwise they stay in cash. This is what my model does. Some of the other services make only a few calls per year, then stay either long or short until the next signal.

2) It is cheap. $95 per annum and they give signals for QQQ, SPY, DOW and "Mutual Funds".

That said, my personal model provides much better results. It is my perception that all of these timing services are targeting "couch potato" investors. People who go to work during the day and come home and night. After a night of "Joe Millionaire" and the kids are sent to bed, the couch potato can logon and review the signal from the subscription service. If there is a recommended trade, he can place a "buy at open" trade with his broker.

So these subscription services are focused on making it easy on their subscribers. And for some reason they seem to have the idea that the fewer trades the better.

In my case, I want a little more action. I have the ability to trade EOD, which provides better results over time than trading the next day at the open. Since my life allows me to make trades at EOD, I have constructed a scalp model which is torqued to providing what I want - frequent scalp trades at EOD prices.

Also, these subscription guys, once a signal is generated, will advise investing 100% (or 200% if you do margin) of your funds on the date of the signal. With my own model, I can ladder in my purchases and mitigate swings in portfolio value.

Warp




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