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Computerized Investing > September 8, 2012

BreakpointTrades.com

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by CI Staff

BreakpointTrades.com is a distinct service for both novice and experienced technical analysts. Experienced traders will find the service convenient, and it can provide a second opinion that may help traders make better decisions. However, novice traders have the most to gain from this service, as it provides watch lists and an abundance of detailed charts that are explained quite well.

At the heart of the website is its newsletters and the watch lists. The longest and most detailed newsletters are released every Sunday evening. These provide upward of 30 annotated charts at varying time intervals that analyze the market, precious metals and commodities. What makes these particularly useful for novice traders is that, in addition to seeing how charts are annotated and how overlays and indicators can be used, each weekly newsletter comes with over 30 minutes of audio where a chartist explains what each chart shows in greater detail. This feature alone may make it worth checking out the website, because it will undoubtedly help novice traders become much better at technical analysis. Shorter intraweek newsletters are also provided from Monday through Thursday.

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