Need a good stock trading system

I had been trading in stocks for a while and had been good with them. But recently have been facing a bit trouble from the market and have incurred some losses. I am looking for a system that helps me to judge the right kind of moves in the stock market and prove as a guide to smart investing.

Need your valuable suggestions to find a good one!!!

[wallstreetsedge]

theres no magical system out there... it sounds like the trick here is you need to learn how to cut your losses and move on

[sparta1978]

Originally Posted by robert10

I had been trading in stocks for a while and had been good with them. But recently have been facing a bit trouble from the market and have incurred some losses. I am looking for a system that helps me to judge the right kind of moves in the stock market and prove as a guide to smart investing.

Need your valuable suggestions to find a good one!!!

I'd like to know what tools are out there. Remember, not all of us are seasoned investors and know the playing field.
David

[aiki14]

Originally Posted by sparta1978

I'd like to know what tools are out there. Remember, not all of us are seasoned investors and know the playing field.
David

I am not going to recommend an off the shelf trading system because I do not believe in the concept. Developing ones own system based upon a set of factors including ones own personal style, timeframe, and amount of available funds is the only way to go, in my opinion.
There are many tools out there, including books, websites, tutorials, DVD's, and seminars. The first thing you need to do is set a goal, and then do the necessary work to achieve it. That work, again in my opinion, involves educating ones self, and taking an objective assessment of ones abilities, timeframe, goals (and the realism of those goals), the dedication necessary, and whether you have the motivation to actually succeed.
Most will fail, and it's a pretty high majority. Nobody I know got rich taking shortcuts, using out of the box systems, or relying on stock tips.
Most will not get lucky, the system is designed to take money from the majority and give it to the minority. Sad commentary maybe, but look at the history of the market and see for yourself.
I'll give you a suggestion, that I hope will be of some value. Here it is:
Information is the Key to making good decisions, find it, find out where it is kept, use it wisely. This forum has a ton of websites and information portals in the various threads that folks here have found and recommended, start there.

[LongArm]

Well said, Aiki.