FAQ Category: Signals
How can I determine if I missed a Sell Signal?
There are two ways. First, check the Open Signals report. If your stock is not listed, then there was a Sell Signal. Second, check the Signal History and input the Stock’s Symbol. If it shows your last purchase date followed by a Sale then you missed the sell signal and should consider selling the stock since you will no longer be receiving signals for the stock.
What should I do if I miss a Sell Signal?
The safest thing to do is to Sell your entire position in that stock. The reason being that the system will no longer be checking that stock each day to see it has met a Sell criteria. Which means that you will continue holding the stock until you eventually hit your Stop Loss Price.
If I miss a Buy Signal can I still buy the stock?
Of course you can, but remember: Stock Trend Spotter™ does not make predictions. A Buy signal is generated when a stock is trending at the close of business for that day. The Buy Signal is a statement of fact. It indicates that the stock is trending at that time. No one knows if the trend will continue, hense the importance of the stop-loss. However, if your own research indicates that the trend appears to be strong, then use your own judgement, but remember to be conservative and always set a stop-loss.
If I miss a Buy Again Signal can I still buy the stock at a later date?
You certainly can, but remember: Stock Trend Spotter does not make predictions. A Buy Again signal is generated when a stock is trending at the close of business for that day. The Buy Again Signal is a statement of fact. It indicates that the stock is trending at the time. No one knows if the trend will last, hence the stop-loss. However, if you decide not to buy definitely remember to RESET your STOP-LOSS.
Can I buy more shares than the Signal indicated?
The short answer is Yes. However, when you exceed the signal amount of shares you are increasing your risk factor for that transaction. Consider buying additional shares if you have special information about or experience with the company. Remember, the number of shares signaled is based on a portfolio size of only $10,000. So you need to adjust the number of shares based on the actual size of your portfolio.