Posted by 18 August 2005

Anybody Using ‘Briefing Trader’?

I see that Briefing.com posted another ad for their new ‘Briefing Special Situations Trader’ product today:

13:01 Briefing Trader

Yesterday, on Briefing Trader we highlighted a couple of very speculative names we thought could see gains short-term. One, Catuity (CTTY 16.47 +4.57, +38%), has ralied 57% since our profile. Another, MM Companies (OTC: MMCO.OB 3.24 +0.92, +40%), has rallied as much as 113% since our profile yesterday… Other calls of interest on Briefing Trader included a call to get Long Momenta Pharma (MNTA 27.85 +2.29) yesterday at $24.10. As well as Trading Alerts on Rediff.com India (REDF) at $10.63, Dril-Quip (DRQ) at $36.62, China Medical Tech (CMED) at $18.00 and a call to Short Oil stocks into yesterday’s Inventory Data…. Briefing Trader is a product that makes specific trading calls on individual stocks (from both a technical and fundamental perspective). Note that this product is targeted at the most aggressive of traders and is not appropriate for most.

I’d like to hear from somebody who’s actually using it. Briefing loves to highlight the calls that work out well but what about the duds? Let me know what you think about it. (I see that a couple of people don’t think it’s worth the $300/month)

RSS Feed Subscribe to get Free Updates.

Comments

  1. Posted by Online Trading on August 18, 2005 at 3:40 pm

    Hi, Mike!

    I can’t really say that it’s not worth $300 under any circumstances. I believe there are people who still find it useful. But I have to admit that the trial period was too short for me and I didn’t get the feeling that their Trader product is something I really have to subscribe in.

    And you are damn right about one thing: Briefing does love to highlight their good calls and not follow the bad ones.

    So, my conclusion at the moment: Trader is better than their Platinum service (seemed to be a little faster + more insights, rumors, some nice comments), but I didn’t find it to be so much better that I’m willing to pay $300 instead of $25 for Platinum.

  2. Posted by Michael on August 18, 2005 at 3:44 pm

    Yeah, the thing is one good call could easily cover the $300/month. But then again all of those moves will be caught by a real-time scanner. I guess it comes down to whether you want to try to be the one to start the move vs. jumping on in mid-stream…

  3. Posted by RUok0101 on August 18, 2005 at 7:07 pm

    I pay for yahoo realtime access which includes a realtime screener. I have found their screener to not be very accurate though. What real time screeners does everyone else use?

  4. Posted by Michael on August 18, 2005 at 9:32 pm

    I use CyberTrader’s scanner (CyberQuant) and just started using trade-ideas

  5. Posted by chud on August 18, 2005 at 11:36 pm

    By the time I finish trading for all these services that “pay for themselves with one trade” I’m left with no trades to pay for my electric bill.