In this example, figuring a $5 commission at each buy and sell:
$1000 was invested at the first buy signal.
All of the shares were sold at each sell signal and reinvested.
The total profit after 6 buys (1 Bootstrap) and 5 sells was $365.
Thatís a gain of 18% in 4 months!
Day Trading vs. End of Day Trading:
VistaTrades was designed to be and end of the day trading tool. Basically what that means is, you take a couple of minutes in your busy day, anytime from after the stock market has closed to when it opens again. You update the stock quotes for the folder you want (usually the AllStocks folder), then run the screener looking for stocks that are ready to buy. If the list is long, you can sort it various ways based on historical performance. Historical performance does not guarantee future performance, but sometimes is does as you will see when you play with the back testing in this software. After you have sorted the list, start from the top down and use your brokerage or other financial publications to read what the analysts have to say and read some news on the stock. If it's good, launch the rocket and buy it. Enter your actual trades into the software and run the "Suggested Orders for MyStocks" function daily to take more action when needed. Or set it up to automatically email you with suggestions.
Update quotes and fundamentals and run the screener while the market is open for suggested buys and/or sells. This is not day trading, it's trading during the day.
This is a very risky strategy where you take a huge pile of money and throw it at a stock, hoping to ride it up in a few seconds or minutes for a quick profit. If this is what you're looking for, VistaTrades doesn't have it.
VistaTrades data source:
VistaTrades comes preloaded with about 8000 symbols that are being traded on the NASDAQ, NYSE, NYSEARCA, NYSEMKT and BATS. VistaTrades narrows the list down to about 700 based on the RGB concept. RGB securities are tested by VistaTrades for a 5 year lookback. For that 5 year lookback, RGB securities have a success rate of 80% or more of buying on the buy signal and selling on the first ensuing sell signal at a profit. This vetted list of 700 RGB securities is what will be in your AllStocks Folder initially. 500 more nonRGB symbols from the Weekly Options Folder are also included in the AllStocks Folder, bringing the total to about 1200 symbols. You can add your own symbols to the AllStocks Folder from any stock exchange in the world using the finance.yahoo.com syntax. Most symbols will download from Alphavantage.co, but not all.
Alpha Vantage supplies the historical and intraday real time data. Because it's free, it takes a while to download the data, so do not allow your AllStocks Folder to get much larger than 1200 symbols as "Update Quotes" will take too long.
1200 symbols should take about 45 minutes to update with a typical internet connection speed of 10mbps. VistaTrades will monitor the response times from AlphaVantage and will estimate how long your update will take to finish.