Traders' Resource | SEP 2000
Traders’ Resource: Advisory Services
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.
by Technical Analysis, Inc.
Technical Analysis of STOCKS & COMMODITIES
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