Out With The Old / In With The New™
Question
of The Week
Although I’ve locked in quite
a bit of profit, I feel that I’m sitting in positions that aren’t trading as
much as the other stocks I'm holding. Is there a rule in CoolTrade that
allows us to flush out stocks that are no longer moving and replace them with
more active moving stocks? Answer
Yes. The scenario for taking
profits with the Active Strategy List is: 1.
The automated
trader selects the most active stocks in your price range. 2.
Stock prices
move up and down. 3.
The software
closes the profitable positions and locks in profits. 4.
The software
buys more stocks with the proceeds from step 3. 5.
The software
repeats steps 1-4 above repeatedly. Here's your issue: The above scenario is good
for locking in your daily profits and they will add up over the year. However, if you hang on to
the less-active positions: 1.
You will
eventually be sitting on all less-active positions. 2.
You will also
be tying up funds with less-active stocks, potentially leaving nothing to
allow the trader to buy new positions in the currently most active stocks. The Solution: Close out the non-performers
(less active stocks). Here’s how to do it with
CoolTrade: The Active Trades report
found at https://cooltrade.org shows
that only a few hundred stocks are active movers (yielding over 100 trades a
year), while over 7000 stocks are virtually non-movers, or are stocks that
will only yield a few trades a year. 1. To instruct the software
to pick the most active stocks, simply add this rule to your Watch List Rules
(Tab2) and Open Position Rules (Tab3): Active Trades Count > 135 (You can use any number greater than 135 to suit your trading
objective.) 2. To instruct the software
to close out of the non-performing stocks, you can simply add this rule to
your Exit Rules (Tab5). As above, you can modify the number to suit your
trading objectives. Active Trades Count < 100 HOW MANY DEADBEAT STOCKS ARE
IN YOUR PORTFOLIO? Look up your stocks on the
Active Trades Report found at https://cooltrade.org If they are not located near
the top of the report, they could be trading duds! Click To See Testimonials
HAVEN'T RUN YOUR TRADER IN A WHILE? You can log into your
CoolTrade account at https://cooltrade.org To get the latest version of
the software you can email technicalsupport@cool-trade.com and we’ll log in
to your computer or cloud account to help set you up with the latest version. FORGET EVERYTHING YOU KNOW ABOUT TRADING THE MARKET Profitability is attainable
with robotic trading technology and the right active strategies that will
minimize your risk while maximizing your profits. THINKING OF BECOMING A
COOLTRADE TRADER? Checkout the CoolTrade website for special pricing. Technology is evolving and so are attitudes toward investing. Online trading is evolving.
The 'buy and hold' paradigm no longer applies
for today's investors who need to protect and grow their profits in the face
of ever-increasing market volatility. What will happen to your investments when the 'next' big crash
occurs? Today's investor also has
evolved and understands the right trading platform executes robotically
and intelligently with the goal of protecting
and maximizing profits while minimizing risk. Welcome to the revolution in trading. Game Changed - in your favor. CoolTrade delivers the tools,
education, and support you need to confidently take the profits you've
earned. Past performance is no
guarantee of future results. Inherent in any investment is the potential for
loss. This material is being provided for informational
purposes only and nothing herein constitutes investment, legal, accounting or
tax advice, or a recommendation to buy, sell or hold a security. No
recommendation or advice is being given as to whether any investment is
suitable for a particular investor. It should not be assumed that any
investments in securities, companies, sectors or markets identified and
described were or will be profitable. All information is current
as of the date of herein and is subject to change without notice. Any views
or opinions expressed may not reflect those of the firm as a whole. CoolTrade
Inc. is not a licensed securities dealer, broker or US investment adviser or
investment bank |