WestCoastWilson
07-17-2008, 12:38 AM
Hello Everyone,
Since I am still trying to perfect my stops (still via paper trading, while getting ready to play with real money one day), I heard that there was an article in the July 7th issue of Barrons about using SmartStops.Net for setting your stops. "Its algorithms categorize the overall market into up, down or sideways movements, then calculates exit points for individual stocks based on an overall market trend." Has anyone tried this site and feel that the stop information worked and or was/is beneficial?
Lastly, I had heard that you are only allowed 5 selections per day for free. Stocks must be >$5 and >40k volume.
Any input, feedback or comments from anyone that is familiar with and or has used SmartStops, is greatly appreciated.
Thanks! :top:
Wilson
Since I am still trying to perfect my stops (still via paper trading, while getting ready to play with real money one day), I heard that there was an article in the July 7th issue of Barrons about using SmartStops.Net for setting your stops. "Its algorithms categorize the overall market into up, down or sideways movements, then calculates exit points for individual stocks based on an overall market trend." Has anyone tried this site and feel that the stop information worked and or was/is beneficial?
Lastly, I had heard that you are only allowed 5 selections per day for free. Stocks must be >$5 and >40k volume.
Any input, feedback or comments from anyone that is familiar with and or has used SmartStops, is greatly appreciated.
Thanks! :top:
Wilson