On-line trading firms have made day trading in the stock market as close as a mouse-click away for anyone with a computer. This simplicity has led millions of Americans to take the investing plunge", but making a profit is far from easy.
(PRWEB) January 31, 2005 -- The fact is that a large majority of traders lose money trading in the stock market. MyStockPredictor.com, an on-line tool available to investors, provides market training and daily market predictions to enable each of its clients to trade profitably in the stock market.
The North American Securities Administrators Association conducted a study, which shows that trading in the stock market is not as easy as it looks." Among their findings is the daunting fact that 70 percent of day traders will lose money trading in the stock market. MyStockPredictor.com is seeking to change that. Carl Pearson, President of EasyChairClub.com (the firm marketing MyStockPredictor.com) stated,
What a fantastic opportunity we have, to work with our new client, Jules Gilbert. When people use the predictions properly, the risk of loss is drastically reduced, by about 95% - and the profits are huge, one to two percent a day! This is why I believe that millions of traders, encompassing all skill levels are going to be using MyStockPredictor soon!"
To accomplish this, Gilberts artificial intelligence program generates predictions for thousands of the most actively traded stocks on the AMEX, NYSE, and NASDAQ exchanges, picking the best 300 for investors. Predicted values include the OPEN, HIGH, LOW and CLOSE prices for each stock for the next trading day. Investors receive these predicted values each day before the market opens, to help them determine the right trading strategy and trades for the upcoming day. Gilbert, the product developer stated,
Ive put six years of effort into this technology. For people who are willing to only make 1% or sometimes 2% a day, no other trading system available on the Internet offers anything near this. In fact, the predictions selected using columnar sorts are accurate with respect to direction 98% of the time! But you should never believe statements like this, so dont believe me! Instead paper-trade the predictions yourself by comparing our computer program's reports to what your broker tells you! See which is more accurate and most important, which is safer and more profitable."
Many experienced traders are already using the predictions provided by MyStockPredictor.com in their trading. Six-year trader, Arturo de Bernard, explains, By using "MyStockPredictor" I'm able to sort the stocks that I should be focusing on, with great accuracy and direction." He continues, It gives me the stocks that have the most upside potential with the least amount of risk to the downside. It also shows me which stocks that I should go short."
In addition to the daily predicted prices, MyStockPredictor.com provides training for beginners and experienced traders alike. Training professionals help each investor learn to effectively use the predicted values they receive each day. All new clients are encouraged to paper-trade using the predictions before risking their own money. Here is a quote from a beginning stock trader at EasyChairClub:
I just wanted to let you know that I think My Stock Predictor program is great! I have never traded a stock in my life but with the valuable training that I have received, I have started paper trading and have actually been making some great trades! One of my most recent trades had a profit of $560.00!"
Bernard provided a good summary of MyStockPredictor.com when he said, It is an excellent choice if you don't want to spend countless hours sitting in front of the computer looking at the markets, but still want excellent results."
MyStockPredictor.com is a financial tool which provides investors with training and market predictions. It has been in development for over six years. EasyChairClub began marketing MyStockPredictor.com late in 2004 and is planning to provide excellent information to their investors as well as excellent training and support - and the daily predictions.
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