This type of trading method is not usually one that I would review but a couple members were asking about Steady Stock Picks so I thought I would check it out.
There really doesn’t look like there is much to the stock trading system at all. They claim to “have written a series of mathematical formulas to generate the stock picks. The formulas look for stocks with the potential to make a 5% profit on a trade.”
So let me show you the recent trades that have been made with the Steady Stock Picks product.
They provide you with 2 stock picks per week and show stocks they have supposedly traded recently in a chart. The recent results definitely look strong as they claim 95% in 2013 and 105% in 2012.
Let me now show you the criteria they use to pick their stocks.
- Has to be in S&P 500.
- Closing price has to be between $10 and $100 a share.
- Average trading volume of 400,000 shares per day.
- Must have 30 million shares oustanding.
I have dabbled in stock trading a little bit but not too much. I am really on the fence about this software and I can’t really tell you if Steady Stock Picks will deliver or not.
At this point I will have to say that I do NOT recommend the picks because I have not fully used it myself. If you have any information on this new product and you would like to tell us about your experiences please leave a comment below, we have a very active trading community.