The Diary of a Professional Day Trader – Stock Market Blog Dot Com Review
Author: Jim | Filed under: Sponsored PostsThe following is a sponsored review of StockMarketBlog.com. The content of this article has not been influenced by payment. Check out our advertise page for our rates!
As many of you know, I am an active participant in the stock market. I am absolutely fascinated with the way that markets trade day after day, discounting and projecting into the future on a real-time basis to reach what investors feel is the market value of a company. Those of you that actively follow Jimvesting know about the small business that I own, Bullish Bankers, that is fast becoming a popular financial community destination on the internet.
Recently, one of the other popular financial blogs came by and decided to ask for a review. I hadn’t heard of the website before, but decided to check it out to see if it was a website that I liked enough to give a positive review. Lo’ and behold… we have a great new community called Stock Market Blog!
All About StockMarketBlog.com
Many people wander around, listening in to the news every once and awhile, wanting to get involved in the market… but somewhat unsure as to how they should actually go about entering. How do you find a good stock to make you money in the short or long term? Where can you find some kind of “ease of mind” to 
solidify your investment decisions? Who should you really trust when making trades?
Stock Market Blog dot com gives you the inside scoop from a 30-year old trader from Canada, an investor who has been day trading profitably for a bit over three years. This is essentially a live journal of events, where each day you get an update as to the trades that were made throughout the day. Essentially, what you get is a journal log of what this particular trader is doing to make money, and how well he is doing over time. This is a fantastic way to get started in the financial markets before jumping in with real money. By seeing how a professional handles trades, you can get a much better grasp on investing.
Weighing the Pros and Cons
Most weblogs offer unique insights into niche markets, but some fail to provide constructive advice… so it is important to understand what is good or bad about a particular website. The following is a list of pros and cons that I have found with this website to guide you through:
Pros:
- Great Domain Name!
The first thing that should strike you about this upstart financial website is the killer domain name. With a brand name recognition like StockMarketBlog.com, there is a high probability that Jan (the owner) is going to see some great traffic from organic search techniques. - Daily Updates!
I like the fact that Jan C. writes about his experience same-day, day after day. This provides a real time information highway that is going to be a lot more effective for your trading in the long term. - Honest and Objective!
This blog doesn’t try to force you into thinking that one stock is the next best thing… it is simply a log of trades that could potentially get you interested in investing. Profits and losses are posted each day that include commissions… so you will know exactly what to expect every time you visit the blog.
Cons:
- Generic Theme
I love blogs simply because they give users the opportunity to express their opinion in an open arena. However, a generic template like the one used slightly detracts from the effectiveness of the material, and definitely reduces my own confidence in the information. - Advertising
Looking around my blogs, you can tell I’m a fan of ads. However, I only approve when they are in selective areas, and this blog may have just a bit too many advertisements scattered around the site.
Jimvesting’s Recommendation: I DO recommend visiting and subscribing to Stock Market Blog simply because of the free information you are getting from a seasoned investor who isn’t afraid to disclose losses. Let’s look at Jan C.’s “Five Trading Rules” on the sidebar: always obey stops, don’t be greedy, be patient, accept losses, the opening bell rule. I love these rules because they show me that this guy knows what he is doing, and isn’t hyper-risky. We all need to accept losses, it’s the best traders that can deal with them and trade effectively over the long run.
-Jimvesting
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Thank you.
Day trader.
Doesn’t seem like there are any long term trades.
Definitely going to check out this blog. I just recently been keeping up with stocks, so it will be interesting to read.
Thanks for the info Jim!
Looks like a pretty good blog and people are really in to this kind of thing right now. Perfect time to start a new blog!
Nice reviews and I like the blog, i’m gonna have to show it to my investing family members
The blog is pretty nice I think I’m going to read up on what he has to say. I’ve always been interested in the stock market but never really learned anything, this could be what I need.
Planning a course of action for any sort of business is a wise move but with penny stocks, it becomes very difficult as these stocks are very volatile in nature. It becomes very difficult to know the possible moves of these stocks until you conduct a close study of these stocks and no one has that much of time. So, I subscribed to the online newsletters of http://www.pennyinvest.com. Albeit, I must say that it has helped me to pick up the best stocks from the market.
Twitter: @no
July 24, 2010 at 3:13 am #
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