Our colorful Stock State Indicator (SSI) system and innovative Volatility Quotient (VQ) can help you succeed in the market. You can see information about the SSI and VQ from the Positions & Alerts page within TradeStops.
But, wouldn’t it be great to have more detailed information on the SSI and VQ? This is where the Position Card Page comes in. Let’s explore how to use it.
Accessing the Position Card Page
You can find the Position Card Page by clicking one of your ticker symbols.
In the top menu, click Positions & Alerts (1). Make sure that you are on the Positions tab (2). It will have a blue line under it. Then, click on any of your ticker symbols. The Position Card Page will display.
Position Card Basics
There is a plethora of information on this page. We will look at it in a couple of sections to make it easy to work with.
Upper Left Section
This is where you find basic information about your position. It tells you the ticker symbol, the company name, and which exchange the position is traded on.
Did you notice the SSI and VQ boxes? Like the Positions & Alerts page, it gives you general information about the position’s SSI and VQ. If you click on those boxes, they will expand!
Now you see more detailed information about the position. This information can help you decide whether to stay in the position or not. For example, the SSI will tell you how much remaining risk you have in your position. The VQ will tell you the risk level. Remember, anything more than 50% is considered sky high risk.
Upper Right Section
This section helps you determine what to do with the information you see in the SSI and VQ boxes. Look at the latest close for ETE.
The latest close for ETE was $17.44 (as of 10/3). If you read the SSI box, it tells you that $6.64 is at risk out of the $17.44. Would you be comfortable with that amount of money at risk in a position? Since you know this is a high-risk position based on the VQ, the $6.64 would be fair.
If you have ever used the Stock Analyzer and then looked at your Positions & Alerts page, you might have noticed a difference in the SSI. The Stock Analyzer might be green on a stock while the stock in your portfolio is red. This happens because of dividends.
On the Position Card Page, you can choose between adjusting for dividends or not.
By default, the Stock Analyzer adjusts for dividends. If you set your portfolio’s position to not adjust for dividends, there will be a difference in data.
Let’s continue with the ETE example.
In the photos above, we had been adjusting for dividends. The risk per position was $6.64. If we decide to not adjust for dividends, the SSI risk price will change. How do we do this?
Click on the little pencil in the bottom section of the Position Card Page on the Position Details tab. Then, change the “Adjust alerts by dividends” setting to “no.”
Make sure to save your changes when you are done.
Once the page loads, look at the top right section again. Click on the SSI box, and read the detailed information.
The SSI at risk price has now changed to $6.18.
As explained earlier, sometimes having this set to no will change the entire color of the SSI. It is up to you to decide to adjust for dividends or not. Just know that our research tools do automatically adjust for dividends. That setting for research cannot be changed.
What happens if the SSI box is gray?
You might notice that some of your positions have a gray box on the Position Card Page.
If you want to hold onto a position that does not have an SSI, you can use a VQ alert.
Dr. Smith recently wrote about gray positions and IPOs. You can check out that article here.
Use the Position Card Page
Use the Position Card Page within your TradeStops program today. The amount of information provided to you is clear and concise. The Position Card Page can help you decide what to do with your positions. See what you can learn from it today.
To your positions,
Customer Success Team