How to know which stocks to buy?

Question

I am looking for some real source which provides guidance about stocks trading in real time. I am willing to pay its service price, but also I need information and alerts about when to buy and when to sell. For e.g. buy stocks of AAPL now.. & then it increase for let's say 10%, then when advisor see risk of it falling down, I should get alert "sell AAPL stocks" ..In short, need real time alerting service so that I make money & they do by their service charge.

Answer 1

However, there are websites that serve as tutorials for novice investors as well as information for the more experienced. Such sites are Smart Money - http://www.smartmoney.com/

Winning Investing - http://www.winninginvesting.com/  

There are other sites that will be of help MSN MONEY -(http://moneycentral.msn.com/home.asp) and Yahoo Finance (http://finance.yahoo.com/), Investors Hub  (http://www.investors.com/?tn=top), that provide access to various investment products as well as access to several experienced advisors, all provide a wealth of information regarding the market and the various products trade in the markets. The research and commentaries by the various writers provide a wealth of free information that serves all types of investors whether they be novices, or experienced professionals.

Answer 2

Sounds like you need to learn how to invest first and what to look at...

morningstar.com has a curriculum on stocks, each class is free and takes about 5 minutes each. the best free information on investing available in my opinion

Answer 3

I have used and read about many platforms including Quote.com and Trade Station.

I have preferred Reuters' institutional level program available through their subsidiary, Equis International.

You will want a live data service such as "Quote Center" and a charting service with a ton of instant plug in studies, such as "MetaStock."

I prefer Meta Stock Professional - more and better data and real time is critical if you plan to trade or time the market with some frequency.

If you don't plan to trade often, then you prob don't need this. Depending on the level of services it can run $130 to $300+ month.

Investment programs can be an expense on your taxes if you can show you are active enough trading. See CPA for tax  advice.

MetaStock Pro has the MACD study that triggers live and historic buy/ sell signals, which have amazing accuracy. The problem is that short term signals can be generated with high frequency, and if you are trading off these signals you'll run out of day trade margin in a couple hours +/-.  

If you are active in the market, you really need data that is on-par with the pros. If you use less, you're gonna be behind the trade more often than not.

You may also want Level II Time and Sales, and a broker where you can route buys and sells to specific exchanges. Also having Live NEWS service is critical for breaking stories from the wire. I prefer Reuters (avail w/ program for fee), as they are not US media based (they are UK), so I find that you have facts relating to the markets and other news as opposed to sensational media-biased stories.

These programs can take some time learning and customizing, but there are plenty of default programs to start with. I run about 8 pages of data and charting on large wide screen monitors (2 monitors min, more if you can afford it).

You will want a fast computer to handle a ton of live data streaming on your computer (pref Intel duel core processor) with decent memory (3GB+), dedicated graphic card (min 256MB or pref to 512MB).

Again, if you are not actively trading (as part of your income) or aren't trading with a lot of money you don't need any of this.

Think about what your situation is and what you want to accomplish. Many services allow a 30 day trial to see if you like them or not. If you like a service, you can always upgrade later.

Good Luck and Happy Trading!