![]() ![]() You’ve got to appreciate the fact that this platform has a one-stop-shop library. the TradeStops site.Īnother key benefit of this feature is that it makes it easy to track stocks that aren’t in your portfolio. As such, this makes it easy for anyone to active follow their investment portfolios from one place i.e. Fortunately, the team at TradeStops is keen on simplifying this.Īt the time of compiling this review, the stock alerts services accommodated more than 15 brokerage firms. Since this isn’t a trading platform, it would ordinarily be cumbersome to tap into the alerts to make timely decisions without direct access to brokerage services. ![]() What’s more, the Position Size Calculator is loaded with important instructions that anyone can seek guidance from. But in general, the options given by this calculator can come in handy in helping you easily set up buy and sell orders. The alternatives differ depending on where you have set your trailing stop. Once you specify how much cash you would be willing to lose in case a trade doesn’t go your way, the system will provide you with several alternatives. The calculator gathers your data and assesses your risk tolerance advising you accordingly.īasically, the calculator will ask you for some data. ![]() This is yet another incredible feature provided here. All the data provided by this indicator is relative to the research done by the proprietary algorithms provided by Tradesmiths and is based on generally what’s normal for particular stocks. You basically need to use it to indicate the overall health of your stock.įor instance, if your open trade moves below a certain threshold, the SSI can automatically trigger a stop-loss alert. This is a highly conservative signal service. That way, you can easily conquer your fears and beat the market like a pro. This way, it can alert you on the suitable entry signals as well as exit ones.Ībove all, the VQ provides you with data on price targets. The VQ alerts service uses the company’s proprietary algorithm to track market volatility. The more volatile a stock gets, there more the chances it offers to make cash. Volatility Quotientįirst things first, volatility is one of the key benefactors in the world of stock trading. Let’s take a closer look at each one of them. Our two favorite alerts are the VQ (Volatility Quotient) and SSI (Stock State Indicator). These are powered by a proprietary algorithm. Luckily, the service we’re examining today has some well-made alerts features. In a market crowded with data, mixed opinions, and fake news, your best bet is to only keep up with the information that matters the most to you. Alerts ServiceĪs we have already clarified, this isn’t a trading platform but rather a tracking and alerts platform. To go beyond what the usual TradeStops reviews do, we’d like to take a closer look at each one of the service’s key features. And the fact that they work closely with some of the world’s most trusted brokers provides them with some level of credibility. While this is not usually a bid deal to most people, we think that the lack of transparency by the service provider might leave any serious trader a bit suspicious.įortunately, there are no red-flags raised about this company so far. ![]() However, a lot about the firm in its entirety remains a closely guarded secret. The company has been around since 2013 and is estimated to have between 51 and 200 employees. Its valuation at that time was, however, not disclosed. In 2020, Richard reportedly sold off the company to an undisclosed financial publisher. Tradesmith is based in Spring Hill, Florida and was originally created Richard Smith. Who Owns It?īehind this relatively popular alerts service is a company called TradeSmith. And the best part is that besides having such a wide presence in the US, this service also tracks equities in Canada, UK, Germany, and Australia. The list of brokers supported by Tradestops goes on and on. What’s more, although TradeStops is not a trading platform, it provides you with the ability to synchronize your strategy with more than 15 brokerage firms. It comes with a built-in algorithm that can be customized to send timely alerts. This is an online service that enables you to track stocks, EFTs, and mutual funds. ![]()
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