Saturday, July 31, 2010

Review Of Stockbee

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I have several readers asking me to do a review of Stockbee. I talked about him in another article when I talked about the Stockbee market monitor. I don't remember how I ran across his site, but I am glad that I did because it's a wealth of information. While he details his strategies for free on his blog, he also has a membership site that now boasts over 1000 members. You won't find trial memberships and I think that's mainly because he focuses on one thing and that's the stock market -- not coddling people who can't commit. That's what you want him focusing on and he does it well.

It's rare that you find sites that really want to help their readers make money and he's explained on his site that all of his stock market investing strategies he uses. The membership just complements what he teaches to his everyday readers. Lately, he has used more video to walk through things and given his site a face lift.

As evidenced by what I know so far, he's been greatly influenced by William O'Neil's CANSLIM strategy and the IBD and that's probably why I like Stockbee so much. Because I like the IBD so much, I think it makes sense that I would also enjoy his stuff.

He spends a lot of time also being a cheerleader of sorts and urging you to really master your strategy and work on studying the market. In particular, he promotes finding setups that you can recognize when you enter stocks and perfecting your entry points. He speaks at length about what he calls episodic pivots which is one of his favorite strategies from what I can tell and lately he has been producing a list of top 25 breakouts, Stockbee really adds value to his readers. I know him best for his IBD 200 trading strategy which I am testing on this site and have been detailing in my Stockbee IBD 200 Trading Techniques articles.

Currently, it looks like he's running Swing Trading Bootcamp that starts on August 3. I don't know Stockbee and I doubt he knows me, but I'm confident that from what I've see, you might want to check out Stockbee's site to learn more.

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