QUESTION: I do not want to follow every market swing. I want
to build some profitable portfolio for a longer time frame. Is
StockMarketMirror software useful for determining entry and exit points
for buying and selling a portfolio and for suggesting some suitable
portfolio?
ANSWER: That's what StockMarketMirror software is all
about. There is no need to follow every market swing for a profitable
trading. You can also watch "Simple price swings" as visualized by the
appropriate command of StockMarketMirror software. The command is
doing the decomposition of stock price into linear price trend and
relative deviation of price from the linear price trend (using method
of linear regression). The point is, to buy stocks when the price is
lower than the linear price trend and to sell stocks, when the price
is greater than the linear price trend. This method can be regarded as
mild form of market timing, triggering trading signals less frequently
than other methods of market timing.
QUESTION: Is it possible to run market timing calculations
one hour before the market close, in order to buy stocks immediately if
the BUY signal is triggered?
ANSWER: The answer is no, because updated stock history
files are not available for downloading, one hour before market close.
But in spite of that, in some relevant cases, the upcoming market
timing signal can be estimated, one hour before market close. Let us
suppose, that yesterday, market timing calculation was close to
triggering BUY signal, showing clear up-trend of market timing signal.
Let us also suppose that today, one hour before market close, intraday
chart is indicating, that market will be closed in positive numbers.
Natural conclusion is that BUY signal is going to be triggered and
immediate buy orders can be issued.
QUESTION: StockMarketMirror software is downloading free EOD
stock history from Yahoo. I have a reliable EOD stock history,
downloaded from a professional stock market data vendor. I am using
dedicated downloading software, delivered by the data vendor. Historical
data are adjusted for stock splits, they have unified structure and are
maintained in a local folder of my computer, in *.csv file format, one
file per stock symbol. Can I use these data with StockMarketMirror
software?
ANSWER: Yes, execute command "Define new ASCII (CSV) data
source from LOCAL FOLDER".
QUESTION: Can StockMarketMirror software read EOD stock
history in Metastock format?
ANSWER: No, StockMarketMirror software can't read data in
Metastock format directly. Metastock data have to be exported into
some empty folder in *csv format and command "Define new ASCII (CSV)
data source from LOCAL FOLDER" must be executed.
QUESTION: Some of the stock symbols, that I am interested in,
are missing in the Liquidity Tree when automatic processing is finished.
What to do?
ANSWER: Select the appropriate data source from List Box,
hit "PARAMS" button and open stock symbol list by hitting another
button labeled "Add new stock symbols on top of the list". Add stock
symbols of your interest on top of the stock symbol list and save the
file as text.
QUESTION: I am interested in various foreign stock markets.
Can I use StockMarketMirror software for that purpose and how?
ANSWER: StockMarketMirror software is delivered with a
capability of monitoring 30 major stock markets of America, Asia,
Australia and Europe, automatically downloading free stock history
files from Yahoo. You can also define new data sources of your own, or
use stock history, that you maintain on the hard drive of your
computer.
QUESTION: Some standard functions of technical analysis are
not available in the StockMarketMirror software. Why?
ANSWER: There are number of standard technical analysis
programs, you can choose from, if you are interested in the standard
technical analysis. There are also number of web sites offering such
functions free of charge. StockMarketMirror software is showing an
alternative approach to the problem of stock market analysis that can
enrich you. It shows a stock market as a whole (or the most important
portion of the stock market) and enables to concentrate on any
specific stock symbol without requiring any special skills and
knowledge from the user. Program is doing all advanced technical
analysis automatically and thus saving time of the user. Back testing
performance consistently confirms that the approach to investing
supported by this program is one of the best available approaches to
investing. You can use StockMarketMirror program beside other programs
and compare their performance.
QUESTION: Can StockMarketMirror software suggest some
portfolio?
ANSWER: Yes, there are two commands available, that are
suggesting a portfolio for you, which is expected profitable during
next market swing. This portfolio is also useful for investing for
longer time frame.
QUESTION: Can I do any stock screening with the
StockMarketMirror software?
ANSWER: There are many commands capable of sophisticated
stock screening, though none of them is explicitly named as screening.
Use commands in `GroupResearch' submenu for the very efficient stock
screening by available criteria that are relevant for the profitable
trading.
QUESTION: How can I use StockMarketMirror software for a
successful trading on the U.S. stock market in the most simple and easy
way? How can I independently verify market timing performance of the
software?
ANSWER: Let us suppose, that you have already downloaded
and installed the program on your computer.
1. You should run the program every day to maximize your real
profit or paper (test) profit. It can be easily done by a single mouse
click on AUTO button. The EOD stock history downloading and all data
processing will be executed automatically and after a few minutes The
Stock Market Timing Report appear on the screen with the market timing
signal calculated for the latest trading day. Registered users can run
the program automatically from the Task Scheduler of Windows.
2. If the first BUY signal was triggered after the previous SELL
signal(s), you have to buy some savvy portfolio at your broker as soon
as possible (immediately or on the next day) or create some testing
portfolio on some web site, enabling portfolio testing (e.g.
finance.yahoo.com). You can select your portfolio from the list of
stock symbols recommended in the report or you can use your own
preferred stock symbols. But you can also create small savvy portfolio
from the symbols: QQQQ, DIA, SPY. This small savvy portfolio can give
you reasonable profit by using this way of investing with the
additional benefit of minimizing your risk of loss.
3. If the first SELL signal was triggered after the previous BUY
signal(s), you have to give sell orders at your broker or portfolio
testing web site, selling all stocks of your portfolio.
