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BuySelliQ Key Terms

DOT — Either red or green in color, DOTS tell the user if a security is positive or negative. The GREEN dot represents a positive trend. As such, a GREEN dot can be a BUY or if the security is already owned, it is a HOLD. On the other hand, the RED dot indicates a negative trend and is a SELL signal or a “don’t buy”. EQUITY — refers to ownership; a share of stock is the unit of your ownership in a company. It’s called a share because you “share” the company’s “stock” (assets & liabilities) along with other shareholders. ETF — Read more

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Why should I use the Trading Diary?

All successful investors/traders keep a trading diary.  It’s used to record trading activity such as: what was done wrong, right and why. Was a plan or a discipline followed? If not, why not?  What changes were made if any?  The more details the better because investors can review the records and make adjustments where necessary.  The value of the trading diary is the record of previous trading activity; what was done to correct any errors; why you were successful; and what you learned. The bottom line is, your trading diary should make you a better trader because you record and learn from Read more

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What should users know about IPOs, (Initial Public Offerings)?

IPOs are new issues.  As such there is no history to observe when making a decision.  The new issue will have to trade for about 6 months in order to generate enough data for our algorithm to generate a positive or negative dot.  You can learn the date of the first dot by putting the issue on your watch list.

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What is Trend Tracking?

The first concept to understand is “trend”.  Anytime the momentum is moving in a similar direction and the pace increases, a trend is developing.  The direction can be UP, DOWN, or SIDEWAYS and the duration varies.  BuySelliQ identifies and tracks trends using a proprietary algorithm.  The longer and stronger a trend is, the more potential for profits.

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What is the significance of the Caution sign?

In short, the caution sign (yield) indicates that the symbol is “overbought”.  It’s a technical phenomenon versus an opinion.  It means that the price of the security is not justified by the fundamentals and at the same time, has reached the upper limits of the technical indicator used. Further: BuySelliQ uses RSI —relative strength index (which differs from Relative Strength). Indicators oscillate between 0 & 100 and when a stock price moves to the upper bands of the RSI, it is considered a warning that the price of the security is no longer justified by the fundamentals. Two possible situations Read more

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What is the proper use of Search?

Search is where to start when you want to find a symbol, and then learn more about it. An example: Walt Disney, put the full name in the search area in case you are not sure of the symbol.  A few possibilities will come up and one will have the name Walt Disney with the symbol DIS.  If the solid colored circle is GREEN, you know the trend is positive.  The Quality Score is indicated by the number of colored spaces around the dot.  Check the box in the upper left corner to add to your list and finally if Read more

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What is the meaning of a red dot?

The RED dot signifies that the trend is negative for the symbol it accompanies.  For those who “short” the market, a RED dot would be an opportunity to buy the underlying security.

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What is meant by “Risk Tolerance” and why is it important?

The concept of “risk” varies with respect to tolerance but generally it refers to how much volatility and/or downside an investor will accept.  Risk can’t be eliminated but investors must have a discipline that deals with risk and eliminates emotional decisions.

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What is covered in Top Performers and how should they be used?

Top Performers is dedicated to ETFs and show you how each sector is performing on a 4 week basis and a 12 week basis.  This allows an investor to locate sectors and ETFs that are improving in performance over the two time periods.   You can even dig deeper and find the best sector, then the best ETF in that sector, and if you want to buy stocks that make up the ETF, it’s easy to find the components and how each one performs.

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What is an Algorithm?

An algorithm is a specific set of steps that are to be followed in order to resolve a problem or to complete a computer process.  BuySelliQ uses an algorithm to determine the status of a symbol.  The result will be either positive (green dot) or negative (red dot).