We’ve been talking about stock trading for some time now, but now it’s time to practice what we preach! Typically, we do fundamental analysis on a stock, then buy/sell based on technicals. However, we’re going experiment a little and use solely our technical trading skills to buy/sell stocks which meet our criteria! It’s a great time to do this too as this segment of the AOL Stock Challenge just started yesterday (Nov 20, 2006) and runs for a few months. Why don’t you jump in (it’s free) and see how you do against us? Keep checking back as we will be posting our progress whether it’s up or down. We have been humbled quite a few times by the market over the past few years, but we learn from it every time! Hopefully, some of you can learn something from us during the process.

We have created a new section of StingyFinance.com called “Stock Challenge“. You can navigate to it by going to the “Stock Challenge” tab at the top of the page. We will be using that section to keep track of our trades and perhaps a commentary on our decisions.

Thus far, we have stocks in the Canadian income trust sector as we believe that this sector has been oversold. Check out our picks thus far and let me know if you have any suggestions or comments.

Disclaimer: The stocks that we pick in the stock challenge are NOT stock recommendations. We may personally own some of the stocks that we pick for the challenge. We always recommend that you consult a financial professional before making any financial decisions.

As of Nov 21, 2006

Standings (rank and portfolio value calculated
since portfolio creation to last update)

Portfolio Details

Trackback URI | Comments RSS