Stock Assault

I found notthing on the web that is not a sale pitch. It seem to me a scam, I have donwloaded the Demo and it is working. There is good features to see neews and chart. It cost only 47$ for the full version, that why a presume this is intened to large distribution in order to cash out rapidly. The amount is not high, let me know if you have decided to give it a try.

Bye
 
Just one look at the site should be enough. It reeks of dodgy brothers.

If you want to have a look at artificial neural nets for trading, have a look at one of the reputable packages such as TradingSolutions or Neuoshell.

Be warned, ANNs are fantastic optimizers and curve fitters which means future performance may be vastly different from past ie back testing. It takes real skill to make use of ANNs.
 
That's what I thought. Just sounds so far fetched.

Just for fun I analysed the Stock Assault 2 claims in their website. The pitch suggests that there is a huge return in following their recommendations. They don't mention broker's commissions, and some of the "wins" are quite small, the kind of thing that might result in a net loss (especially in "rip-off Britain" with Stamp Duty and high broker's fees - don't get me started). Also, the number of recommendations coming out on a single day could be quite high - several days with over 20 recommendations. I assumed that the performance of the picks was not skewed by the number of picks per day. At $1,000 per trade and $12 commission, buying every recommendation, you would net $4,700 profit on a total stake of (at peak) $39,000. That's over 51 days, resulting in an annualized profit of 72%, pretty impressive though not the 8,309.65% which they claim!!

So maybe they have something, though it also depends on the price at which you could actually execute a buy on their recommendations. I haven't checked that out yet, but I suspect that it may be difficult to buy at the price which they record.
 
Just for fun I analysed the Stock Assault 2 claims in their website. The pitch suggests that there is a huge return in following their recommendations. They don't mention broker's commissions, and some of the "wins" are quite small, the kind of thing that might result in a net loss (especially in "rip-off Britain" with Stamp Duty and high broker's fees - don't get me started). Also, the number of recommendations coming out on a single day could be quite high - several days with over 20 recommendations. I assumed that the performance of the picks was not skewed by the number of picks per day. At $1,000 per trade and $12 commission, buying every recommendation, you would net $4,700 profit on a total stake of (at peak) $39,000. That's over 51 days, resulting in an annualized profit of 72%, pretty impressive though not the 8,309.65% which they claim!!

So maybe they have something, though it also depends on the price at which you could actually execute a buy on their recommendations. I haven't checked that out yet, but I suspect that it may be difficult to buy at the price which they record.

Why not try using a spread betting platform? Sure, you pay the spread but at least in the UK any gains are tax free, and you don't have to shell out large amounts for each trade to actually buy the stock. Not all spread betting platforms have prices for individual US stocks, but I've checked out IG Index and they appear to have most of them. There's the inevitable risk with spread betting, but sensible use of stop losses is a way to protect yourself. Then, there's not the risk of laying down $1000 to buy 1 stock pick, only for it to go pear shaped and potentially lose it all.
 
Top