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 5 buys (1 Bootstrap) and 4
sells was $1500.
That’s a gain of 75% in 7 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.
Intraday Trading:
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.
Day Trading:
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 symbols that are being traded on the NASDAQ, NYSE, NYSEARCA, NYSEMKT and BATS. 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 Alphage.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.