Stockbee

Momentum Swing Trading

I have been a member of Stockbee for over 1 year now. I highly recommend it to someone that is interested in momentum trading and swing trading. The chat over there can be disjointed and confusing when you first start because there are so many different traders and styles. But the amount of give back to the community is incredible. On top of the collaboration, EasyGuru provides a step by step process for his scans and method that he uses.

Trust Score

1.5

User’s Review Ratings

Overall

No big deal

Another website geared for day traders and active traders. 95% of picks are based on technical and scans. good for day traders and an absolute disaster for people who work or have a steady job. Buy an index fund and be happy. the main guy (Mr bonde) comes across as very well read, smart etc. but he has no way to know if an equity is over valued or undervalued/ they all rely on scans , IBD , market smith etc. active traders. i doubt if his returns are beating the S&P500. just a marketing / PR stunt to get his subscribers. $250 per year at 1000 (1000 people that can change every year, 100% turnover) is 250,000. that is the business model, not the value he adds.

Trust Score

1.0

User’s Review Ratings

Overall

Daytraders and gamblers have taken over

Very inconsistent with methods. A timeline (chatroom) that is totally dominated by day traders that just puke out symbols without methodology or accountability.

Trust Score

1.0

User’s Review Ratings

Overall

Buzzing around to find trading strategies?

I was fortunate to find the Stockbee site through an interview Pradeep Bonde did with Charles Kirk of The Kirk Report, another highly recommended site. .http://stockbee.blogspot.ca/2011/06/q-with-pradeep-bonde.html.

After listening to what he had to say I decided to give him a try.

Stockbee (SB) offers trading strategies that Mr. Bonde and other members have developed over the years. A key component of the site is a market breadth model called Market Monitor that tracks the number of stocks that are down 4% or more in a day to help you take advantage of potential market turning points. In addition to trading strategies such as SB Intensity Breakout, Episodic Pivots, SB Dollar breakout and others, Mr. Bonde teaches code writing to help build scans to enable you to find winners on your own. Post market an educational video is offered summarizing market action and potential stocks to put on your trading radar.

One of the best features at SB is the lively interchange of ideas between members. Traders openly share strategies and collaborate on ways to improve. I personally have benefited from many pearls of wisdom from reading these posts.

Throughout the years I have joined a few sites to further my understanding as a trader. I believe that it is essential that one learn from gathering insights from those that offer unique perspectives. In my desire to share my experience I thought of the bee. Once a bee finds something appealing it travels back to the hive to share with others where the nectar is. What I’m saying if you haven’t figured it out yet is that there is nectar at SB; your job is to turn it into honey.

Trust Score

1.1

User’s Review Ratings

Overall

Excellent for beginners

As someone who is completely new to trading I have been reading and following several blogs. This is easily one of the best that I have seen so far.The earliest posts aren't very helpful however those on the "most popular" section are definitely worth looking at!

I haven't finished reading every post but I intend too.

Trust Score

1.0

User’s Review Ratings

Overall

Great!

Overall good TA blog. Nothing special of worth noting, but nonetheless good blog to read to check your TA.

Trust Score

3.4

User’s Review Ratings

Overall

No One Works Harder

Although membership has increased in recent months, Pradeep works extremely hard to ensure that you get a mountainous amount of data, systems, and methodologies for swing and momentum trading.

He's very good at staying non-biased and is honest about all his trades and performance. Recommended if you've got a budget for trading tools/services.

Trust Score

7.0

User’s Review Ratings

Overall

It's all about Three Concepts

StockBee has tons of information about strategy and how to play them. Strategies need to be well detailed and thought out thoroughly so that it is conveyed clearly to your reader. StockBee does exactly that. On the right hand side of the page you will find enough information about strategy and tactics to keep you busy reading for hours. With so much information on the internet about trading, it is important to find people that know what they're talking about. I like what StockBee has to say and will definitely keep up with this site in the future.

Trust Score

6.5

User’s Review Ratings

Overall

Nice bang for your buck

I like this site... great for education, very-well written, high quality content. The content is relevant and very well explained.... some books go through long drawn out explanations, but this is all right to the point, I always feel I learn something from reading the blogs....

Trust Score

5.0

User’s Review Ratings

Overall

Awesome resource for swing-trading and momentum trading

Pradeep has one of the few awesome trading blogs out there. He very good at explaining what works in trading. He also sticks to what works, not going on and on (like some do) about what he feels or thinks; he is a data-driven trader.

Just one example of how well he writes: I liked his posts on implicit and procedural memory, which is saying a lot considering I am as close to an expert in those fields as anyone who would read his blog (M.A. in Psychology, focused on memory systems).

My one caveat is that his blog is ugly.

Trust Score

10

User’s Review Ratings

Overall