How To Use WallStreetBloomers.com
Veteran stock analyst, Mary Mason, will post a fresh winning stock pick each day before opening bell. Each pick is computer screened and then goes through a thorough hands-on, detailed check before it reaches you. You will see a price to enter and exit the trade after you make your purchase.
WHERE DO I BUY STOCK? It is helpful for you to have an online trading account such as E- Trade, Ameritrade, or Trade Station. You may then buy the stock yourself for just a small commission. Once it is in your portfolio, you may immediately place your sell order in by using a "good until cancelled" LIMIT order. The stock will be sold automatically when it reaches the dollar amount of your sell order. You are encouraged to keep an eye on the stock daily and also to check WallStreetBloomers.com daily to see if there is an emergency sell order on your stock. Emergency sells, if any, are on the bottom of the home page.
If you do not want an online account, you can call your broker and he will place the trade for you and enter the sell order as well.
HOW MUCH MONEY CAN I MAKE? It takes very little money these days to open an online stock account. We can help you do a lot with just $1,000 in an online account if you will trade along with us. For example, $1,000 can buy 4000 shares of a $.25 stock. It's easy for a stock like that to go to over a dollar just on short covering alone. Then your $1,000 quickly becomes $4,000. Cleverly, you return to WallStreetBloomers.com for another pick remembering that Mary will only submit a pick she is confident will deliver for you. Let's assign an average of 3 months to each pick, some taking longer and some not so long. Before the year is out, you have not worked terribly hard and your $1,000 has turned into $12,000. Of course, that figure could actually be much more because you will now want to be investing your profits in many more blooming stock picks of the day.
CAN I SPEND MY PROFITS? Did you know that you can get a checking account at your online brokerage firm complete with real checks with your name on them? Many stay at home moms can now use their computers to make an extra paycheck and only use $1,000 to start their new business.
WHAT DO YOU MEAN WHEN YOU SAY CHECK MY STOCKS DAILY? A link to Big Charts.com is provided for you on the homepage of WallStreetBloomers.com. You can go there each night and check your stocks. Type in the symbol and learn the high price of the day, the low price, and the closing price. If you notice that a stock you own did hit your target sell price that day but your stock is still in your portfolio (was not automatically executed), you may have to remove your "good until cancelled limit order" and execute the sale manually. Do not let the profits slip away. That is a major cause of stock market player failure. Lock in those profits! Always!
DAY TRADERS The seasoned market player will enjoy the Day Trader Picks and the Intra-Day picks. The first timer should stick to the Stock Pick of the Day with a time frame of three months or less. A stock zigs and zags its way up to a target and downturns are to be expected. Patience, as well as discipline, is required to stick to our targets. It is important not to panic and hard not to do so. Your new Stock Pick of the Day is probably owned by the owners of the company and quite possibly institutions. If they don't panic, we don't either. Still, if holding a stock has you bothered, why not drop us an e-mail? Our e-mail address is in the left hand menu.
After you send your money from Paypal, the company name pick and symbol will be on your screen. Your stock pick will not be in an email.