How to become a millionaire in 5 years!!

How to become a millionaire in 5 years!!

Today I want to tell you something that has happened recently to my collaborator Paolo; it will help you understand how having a scientific approach can help you in trading as well as in life …

I imagine it has happened to you more than a few times to be disturbed on the phone by a brokerage firm’s call center …

Now… A few weeks ago, a young lady from some unknown brokerage firm (but very respectable, certified, licensed for years in the market) calls Paolo and offers him to invest a little, 50 €, and open an account with them, who will follow him step by step in operations …

Paolo asks her if she has any idea what the average performance of their clients is… He is told that on average the traders who are with them make 1% per day and that he could do it too…!… [read more]

Accumulation plan (Savings Plan) and algorithmic trading 3

Accumulation plan (Savings Plan) and algorithmic trading 3

Stock Picking

In the previous posts we saw that investment in a winning accumulation plan can not be separated from a careful stock picking activity (choice of shares).

In this article we will introduce a stock picking technique borrowed from fundamental analysis, namely Joel Greenblatt’s methodology presented in his book “The Little Book That Beats the Market”.

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