Tradestops magic calculator reviews how to#

And you can also find the level of risk each stock has currently. This means that anytime you want, you can log into our system to see what the billionaires are buying and selling each quarter.įrom there, you can see which stocks are healthy and which are not. Keith: Yes, exactly! In our TradeStops system, we programmatically grab every quarterly 13F filing from the SEC and load the stocks that close to 30 billionaires are buying and selling into our product. The report covers what’s called 13F data, which tells the SEC everything the billionaires bought and sold over the last quarter.

Every quarter, billionaires have to file a report with the Securities and Exchange Commission (SEC). And we assign a color: green is healthy, yellow is caution and red is unhealthy.Īnd to get to your point about billionaires, do you know how we get the data on what stocks they’re buying and selling, Ian?īut luckily, this isn’t a trick question. We assign a number, and the lower the number, the lower the risk. I’ll just say “stocks” from now on, but know that represents everything from stocks and mutual funds to exchange-traded funds and commodities - and even cryptocurrencies. We built several algorithms to look at each of the thousands and thousands of securities in our system to tell you just that. It all starts with understanding the risk and health of any individual stock or fund. So, Keith, I found your work on billionaires and building portfolios out of the stocks they buy to be fascinating. They’re the types of tools that I’ve been exposed to at hedge funds, but much easier to use. I wanted to interview you because, frankly, you and your team are doing great work over at TradeSmith.įor over 15 years, the TradeSmith team has built financial technology tools for the Main Street investor. Ian: Our readers may or may not have heard about you and your company, TradeSmith, before. Ian: Thanks for taking some time out of your busy schedule today to answer a few questions about your TradeStops product, Keith.

Tradestops magic calculator reviews how to#

Read on as Ian King asks Keith how to know - with mathematical certainty - when it’s time to sell a stock … and to get a special offer at the end of this article. The indicator helped Keith avoid huge losses in the March 2020 stock market crash when his system flashed red (“sell”) on February 27.Īfter Keith took the majority of his money off the table, the market proceeded to drop more than 20% in a matter of days. It’s a simple tool that tells you exactly when to buy, hold or sell your shares: That’s why TradeSmith CEO Keith Kaplan and his team created the Stock State Indicator (SSI).

Whether you’re an everyday investor or a Wall Street pro, the hardest part about investing has always been deciding when to sell.Īnd with today’s political uncertainty and fast-paced tech developments - not to mention a global pandemic - making investment decisions is more difficult than ever.