It is All About Smart Stops
Jul 25th, 2008 | By TheWild1 | Category: Financial MarketsFIRST THREE PEOPLE TO LEAVE A COMMENT OR CONTACT ME WILL RECEIVE A FREE 3 MONTH TRIAL FOR SMARTSTOPS PREMIUM SERVICE. MAKE SURE TO LET ME KNOW YOU WANT THE ACCESS CODE.
One of the oldest and most used ideology in investing is that, in the long term, stocks will continue to rise. Using this idea, many purchase some shares, and then don’t even look at it until a couple years later. Seems all good, but do you know how much money you are really leaving on the table?
Everybody is aware that markets go through peaks and valleys, and many either succeed or fail at trying to guess the right time to buy and sell. If you are just buying and holding, then you are essentially using time inefficiently during those periods of downward movement.
So how is one suppose to combat this? One method is by creating an account with SmartStops.
Currently in beta stages, SmartStop allows you to see short and long term sell points for a given stock. The company has compared stocks, ETF’s, and sectors over the past 10 years, and have come to the conclusion that their system works.
Through research, technical analysis, and proprietary analytical models, SmartStop has created a tool that allows investors of all levels to create a more accurate exit strategy. Below you can see a comparison table on how much you could have saved over the past 10 years, with SmartStop.
SmartStop hopes to eventually partner up with many of the top stock brokerages and services, so their tool blends in with your normal trading routine. Now don’t get me wrong. There is nothing complicated with the current format of SmartStop. In fact, it is pretty minimalistic. There is no fluff: insert the quote, see the sell targets, and get out.
Receive e-mail alerts.
Don’t worry about checking the site over and over. SmartStop will send you alerts straight to your inbox. They will warn you when your stock(s) is approaching a sell point, and they will alert you when it has passed by.
See how SmartStop could of saved you money in the past.
The chart below shows how SmartStop signals would have saved you money on Countrywide before the whole sub-prime mess.
You can also check some other events where SmartStop could have really saved you some big bucks.
Create your account and get started.
There are many different account options for SmartStock (price per month):
- Free Introductory 3 Stock Portfolio - FREE
- 10 Stock Portfolio Protection - $9.95
- 20 Stock Portfolio Protection - $19.55
- 30 Stock Portfolio Protection - $29.95
You can also pay annually. Visit the site and see what all it has to offer. A free account can be set up, so why would you not even try it out?
I’d totally be interested in trying out the SmartStock premium service. Sounds great.
I’d give it a try.
I’d love to try out SmartStock!
How does this system compare with Wilder’s
- Parabolic System (aka parabolic SAR) and
- Volatility System (which is just parabolic SAR with a volatility component) - this system lets the sell price go up and down to account for volatility.
Just curious since it seems like the sample price selection moves similarly to Wilder’s volatility system based on either daily or weekly analysis.
TheWild1 Reply:
July 25th, 2008 at 2:18 pm
There may not be much difference at all. Perhaps just a tweaked version of it.
From Chuck LeBeau, SmartStops.net Director of Quantitative Analysis:
Your members have a keen eye for technical analysis. At SmartStops.net we use multiple strategies that change depending on the direction of the market. We have several different strategies that are applied to Up, Down and Sideways directions. Part of one of those strategies does include a highly modified version of the Parabolic. Its one of my favorite exit tools in rising markets. Volatility is also a daily consideration in all directions. Since we do not take into account an entry point for the trade (we don’t know where our customers might have entered) we are primarily concerned with detecting abnormal downside price action that is likely to continue. Most exit strategies (such as the Parabolic) require some assumption of an entry point. Ours do not.
TheWild1 Reply:
July 28th, 2008 at 3:39 pm
Thanks for the clarification. That should definitely clear some things up.
I’l like to beta test your software.
I’ve place your link on my website at http://www.gbeelen.com.
My associate, Randy Bishop, referred me to your site.
Wow, When to sell is the million $ question . Most of the time the home gamer is at a disadvantage in these areas of expertise. This is a great method to help eliminate the erosion of your earnings.
{ sure am willing to give it a try.
If it works I will be shouting from the roof tops for all to know.
Robert, Thanks for your enthusiasm. There is already alot of shouting from the rooftops. In addition to coverage in Barros and the WSJ there is another new article in todays Chicago Sun Times.
http://www.suntimes.com/business/currency/1113013,savage081808.article
We look forward to hearing your shout as well.
Chuck LeBeau
Director of Analytics
SmartStops.net