Greatstockpix.com Approaches the Five Year Milestone by Adapting to Market Conditions
On February 4th, 2009 Greatstockpix.com will celebrate five years online. To celebrate this milestone, they are offering lifetime memberships rather than the typical recurring monthly fees.
Kansas City, Mo. (PRWEB) November 24, 2008 -- On February 4th, 2009 Greatstockpix.com will celebrate five years online. To celebrate this milestone, they are offering lifetime memberships rather than the typical recurring monthly fees.
On February 23rd, 2004 Greatstockpix.com started posting daily stock picks based on technical analysis. Technical analysis, while focusing on the charts of the underlying stock, is based more upon the psychology of crowd behavior than anything else. The charts are simply a roadmap to point the way to future direction based on similar past occurrences. Additional information can be found at http://www.greatstockpix.com.
Over the years, Greatstockpix.com has grown into a different kind of resource for day traders and swing traders. In the early years, the stock picks were posted before the opening bell. Now, due to recent market volatility, the service has taken a more 'in the moment' approach where every stock pick is based on real time activity. The website is now centered on a live trading chat room with voice to announce entries in real-time. This greatly reduces a traders risk by allowing them to stay on the sidelines during the most volatile time of the day....the opening thirty minutes.
The change has been gradual, but pronounced. Back in 2004 members might see low priced stocks and maybe even the occasional 'over the counter' and 'pink sheet' stock. Those are nowhere to be found now. The website now focuses solely on NASDAQ and NYSE listed stocks that offer very low risk entries.
A typical day finds over 100 traders gathered together in the chat room applying the Greatstockpix.com principles and working together to scan for (and share) profitable setups.
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