What is the best Trade Stop out there?

What is the best trade stop to use/  Well, SmartStops of course!  But we can brag, because indeed just compare us against competitors. And unlike our competitors we are transparent with our approach. So what makes us better?  SMART(R) ALGORITHMS –   Though we have Phd’s who’ve helped build and fine-tuned our optimization engine, we are led by ex-Wall Street veterans who have spent their careers in the industry.  Even...

What Trailing Percentage should I use to set a Trailing Stop?

When you are investing in the stock market, you are taking on risk.  That’s unavoidable.  The key to success though is just to properly control it.  Many people like trailing stops which trail the current price action and if “hit” , your order to sell is then executed.   The stop loss is a simple but effective way to  protect you when risk starts to elevate in the equity. It can protect your profits.   HOWEVER – using a...

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...