What is Top Stock Picks?
Top Stock Picks is a trading service led by head trader, Steve LeBlanc. With over 20 years of experience trading stocks all over the market spectrum, from pennies to blue-chips, his Top Stock Picks service now focuses on swing trading leveraged exchange traded funds (ETF’s).
An ETF is essentially a group of assets, such as stocks, bonds, or commodities, and shares can be bought and sold through a broker just like your typical stock. There is one major advantage of ETF’s that should not be underestimated for members of Top Stock Picks: High Liquidity.
*JUNE 2016 UPDATE*: Millionaire trader, Jeff Bishop, takes over duties of the Top Stock Picks newsletter as Steve LeBlanc further pursues his career in the non-profit industry.
Why is Liquidity So Important?
Liquidity is important so that Steve, along with his subscribers, can enter and exit positions without issue. Low volume penny stocks that trade less than 100,000 shares per day, for example, can present a problem when it comes to buying and selling. In other words, entering market orders on the ETF’s Steve trades is relatively safe, while market orders with low liquidity penny stocks can result in major slippage.
Slippage can leave you paying a higher price per share when you enter, as well as a lower price per share when you exit. But you can rest assured knowing that high liquidity and desirable entries & exits are a staple of Top Stock Picks.
Advantages of Top Stock Picks:
Overall, the biggest advantage of Top Stock Picks is its beginner-friendliness. TSP is tremendously appealing to novice traders in a number of ways, yet provides high-quality tools and resources for seasoned traders as well:
Expert Video Lessons: Every trader needs an educational foundation and the Top Stock Picks video library certainly does not disappoint. TSP is unmatched when it comes to mastering at least the basic principles of trading, from writing down trade plans and managing emotions, to understanding trend lines, chart patterns, and technical indicators. [Get Your 5 Free Videos From Top Stock Picks]
Easy-to-Follow Alerts: Top Stock Picks truly excels when it comes to alerts being easy to follow. Through daily watch lists and regular market updates, Steve LeBlanc keeps his members as informed as possible on the setups he’s stalking. He shares his ideal price levels for entry, support & resistance areas, and where he’s looking to exit the trade whether it goes up or down. Every trade he takes part in comes with a real-time alert via text and email.
High-Liquidity Trades: Again, the leveraged ETF’s Steve LeBlanc likes to trade have substantial liquidity, so worries of being stuck in a trade due to lack of volume are virtually non-existent. This is typical in “penny stock” trading, which Steve’s new focus on ETF’s seeks to avoid. His members can do their own due diligence and follow him into trades (if they choose to) without concerns of being left “holding the bag”.
What is TSP Premium LIVE?
TSP Premium LIVE was launched in April 2016 as an extension of Top Stock Picks for individuals looking to take their trading to the next level. The service is characterized by 1-on-1 live support from Steve LeBlanc himself. It’s essentially like you’re in his office looking over his shoulder as he scans for setups, annotates charts, analyzes market conditions, and places trades in real time.
Every step of the trading process is being covered – no loose ends, no confusion, no secrets. It’s your chance to access Steve’s 20+ years of trading knowledge experience, and ultimately learn how to trade like a pro – from a pro.
The Wrap-Up on Top Stock Picks:
When people join stock trading newsletters, they often worry that they may get caught up in a “pump and dump” service. This type of service is characterized by stocks being pumped through alerts (which results in a rapid increase in price), followed by an even faster drop in price as the stock becomes overextended. In other words, the “pumper” profits while driving up the share price, while the followers often lose as they get caught in the ensuing “dump” and cannot exit their positions due to lack of liquidity.
The above example is far too prevalent, and the strategy of Top Stock Picks seeks to extinguish such instances. The high-liquidity of the ETF’s Steve LeBlanc trades makes it impossible for this to happen. Steve LeBlanc and the Top Stock Picks team can’t “move the market” by entering at once. Every Top Stock Picks trade is well thought out, easy to follow, and characterized by high volume.
Are Your Ready to Capture Gains on Wall Street Through Easy to Follow Alerts? If so, Top Stock Picks Could Be the Service You’ve Been Looking For.
Written by Matthew Thomas
*ANNOUNCEMENT*: New Stock Trading Content From Matt Thomas Has Migrated Over to EliteSwingTrading.com. Related Articles at EliteSwingTrading: