TheLion.com

If you are looking for a source for profitable stock picks, check out TheLion.com. This site allows users to post their picks for all to see. Some of the users of this site have made phenomenal gains in a short period of time. Average stock gains, annualized gains, etc. are posted so you can track the top performers.

If you are planning to ride the coat tails of some of the best stock pickers on this site, be forewarned. Performance data is based on closed trades. It is easy to go from trader to investor if you find yourself on the wrong side. Looking at the overall Top 10 portfolios, 16.4% of the trades in these portfolios were still open. Many of these stocks have lost more than 50% of their value. A trader with 100 trades that average 22% per trade but who is still holding 16% open trades with a 50% loss in each is now averaging 10.5% per trade. This is nothing to sneeze at but trying to cherry pick a trade from one of these portfolio should be done with caution. Realistically, trading as many stock as these guys do, with real money, would rack up some large commissions. Although, if the consistency is there, it can be worth following some of these picks.

The best advice is to get aquainted with the traders history. Knowing the average number of trading days for a particular trader can give you a good idea if a trade is going the wrong way. If 'IamPrimate' has a history of four day round trips and the stock you had decided to go along with is flat lining after 10 days, setting a firm stop may be advised.

TheLion.com is a well planned, fun, and educational site for those that enjoy short term trading. While I will be focusing more on the Cheetum Method, which tend to be a longer term, more stable trading method, a percentage of the trading capital will always be set aside for a swing trade or two.