Day trading software
Typically , day trading software is a proprietary system based on technical and fundamental analysis. The goal of the system is to select stock candidates everyday with a 5% profit potential and more. The system runs a scan every night from a universe of 4000 stocks and selects the candidates for the next day. So every trading day you have the plan of what and how to trade before the market opens.
At what time are the new stock picks available?
The new picks are available every morning before 8 a.m EST on the web. This way you will have full time to analyze the trades and place your orders before the market opens. Is is fundamental to have a plan for the trading day.
How many picks will I receive each day?
We focus on quality and not quantity. You can have a very good idea of the numbers of picks per day looking at our back performance. Usually we detect between 1 to 5 opportunities every day.
How long do you hold the trades?
The trades are held for a period of 1 day maximum, if the stocks didn´t move in the day we close the positions by the end of the day, we avoid the risk of overnight holding, we want YOU to stay in control of your account, and not market news released after the close or pre-opening.
Do you use some rules for your trades ?
Yes, we provide an objective and mechanical system to trade, there are no emotions involved, our steady performance is the result of following the simple rules of the system, you dont need to follow some guru in a chat room
Why just take a 5% profit since many times the stocks keep running?
Our statistical backtestings shows that 5% brings a good balance of winners and losers. 5% may seem small profit, but if you add 5% day after day to your account you will obtain great returns month after month in a consistent way. However, many members use trialing stops in our picks, capturing great moves in the day beyond the 5%. Inside our members area we show a tutorial about how to capture bigger profits with our picks and how to stop the loses before the 5% in a mechanical way.
Do you use stop losses?
Yes, our stop loss is 5% below entry. All this prices are detailed in the daily stock candidates, you just need to follow the indications.