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May 27, 2008

Why Great Automated Stock Ideas Are Important.

Most people who have been working for a few years will have some kind of investment account, whether its a retirement account, or a stock trading account. Once you reach this plateau, it comes down to finding ideas to invest or trade. Retirement accounts are usually a bit easier, as you can follow a long term growth approach and let it work over time and hopefully grow by the time the money is needed.

Stock trading accounts are different. These are usually more actively managed, and as such, the need for stock trading ideas increases. Some can be found from weekly papers such as Barron's, or other papers such as the Wall Street Journal or Investors Business Daily.

Recently, more and more investors and traders have been looking to the internet as a valuable source of information to find stock trading ideas. There are thousands of websites that offer stock trading ideas of one sort or another. As technology progresses, computers have been having a larger and larger role in the selection of trading ideas. This trend is unlikely to shift anytime soon. 15 years ago, most people did not even know much about technical analysis for the most part, and now its a staple of any trading philosophy and strategy.

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