Does Robinhood offer a Trailing Stop?

Robinhood offers a trailing stop approach supports the simplest approach one can take but definitely the least effective. Either you are going to set  a trailing stop percentage, which is a completely random value and “unintelligent”, or you are going to have set your own stop loss price and then the question becomes, what should that be and when should I change it?   With this “old-fashioned” approach, the percentage...

Does Robinhood or WeBull offer up a Smart Trailing Stop?

Unfortunately neither Robinhood or WeBull yet offer up a smart trailing stop.  So let them know you want this feature from SmartStops as we can provide our updated daily analytics to the broker.   All they currently offer is a “dumb” unintelligent percentage , % , trailing stop or the ability for you to set you own stop loss price.   At least they are offering up something but don’t kid yourself thinking that a price % in...

Does SmartStops cover options?

SmartStops produces adjusting stop loss price points for the underlying symbol and versus the actual option.  There’s an important reason for this approach. If you trade options, you know that the price fluctuations can be highly volatile and quite a difference in bid and ask pricing.   Plus, option prices daily are affected by the greeks such as theta, delta, gamma etc.   Plus the risk is really on the underlying symbol as to what moves...

Does SmartStops give a Buy signal?

What SmartStops offers is a “return-to-normal” signal to help with the buy decision process.  This price point will show on the Daily Risk report ONLY when the symbol is in an elevated state . If there is a Green checkmark for the symbol on the report, then that means the symbol is now in its “Normal” Risk State so no number will be shown except the potential SmartStops elevated trigger price poits. What this signal...

My Brokerlink orders are not going through to my broker’s platform from SmartStops

If you are getting any error that indicates an error during “order submittal” for our broker integration which says: Error submitting order for ‘AAPL (or your symbol name)’: This order may result in an oversold/overbought position in your account. Please check your position quantity and/or open orders. That means you should login first to your broker’s platform.  And go to Order Status there to look at all open...