Ep 120: Why Trading Off Analyst Reports is a BAD Idea!

★ SUMMARY ★
In this video you will learn why you should not focus or a trade-off of analysts ratings or reports.

I will share with you insight of why you should avoid reports or be more skeptical of them and instead evaluate stocks based on your own goals and risk objectives.

It is always better to evaluate stocks and trade them based on your own analysis and information.

When it comes to analysts they do try to do a good job, but remember that their job is key first and sometimes the reports get skewed, they are late to the party, and they may have conflicts of interest.

Posted at: http://tradersfly.com/2017/01/ep-120-trading-analyst-reports/

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15 COMMENTS

  2. It all boils down to WHO these analysts are really working for. The people that these analysts work for, are most certainly share holders, themselves. And if everybody listened to these analysts, then a certain select few will reap untold riches… That is my point. You will most definitely not go anywhere by breaking your back for the pharaohs! That's why I never pay any attention to them.

  3. You gave a bad scenario because in the scenario you gave the 3 analyist are right when you're trying to prove that they are wrong. Even if that one guy who originally though 60 butwent to 85 instead. The analyist were still write.

    and if the 3rd Analyist was a 60$ so wrong by 60$ then he sucks at his job and should have been fired anyway.

  7. can you please talk about taxes , will retail traders pay taxes or do i buy and hold because i,m afraid if a sell and buy another good stock that i will trigger taxes to my account

  11. I agree to let the chart do the work, but there are a few superstar analysts out there with a big following and people do invest on their advice, thus affecting prices. Still it's best to watch the charts to see where the institutions are jumping in and out. They are the real movers.

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