The TradeStops Dashboard

The TradeStops Dashboard helps you visualize your portfolio’s performance, plus of plethora of other data.

basic overview of the TradeStops Dashboard

Above is a small sample of everything the Dashboard can do for you.

Below, you’ll find a link to a fantastic five-minute video created by Marina Stroud, our Product Education Specialist, that covers the TradeStops Dashboard.


Marina Stroud’s educational video

We know that some of you prefer to read, though. So, below, you’ll find a guide that covers all the ins and outs of using the TradeStops Dashboard.

No More Research Tab, But Don’t Worry

As the title of this section suggestions, there’s no longer a research tab inside TradeStops. But don’t worry! We haven’t removed any of the research tools; they’re just located in more convenient locations now.

At the top of the screen, there are several different options to select from to access your favorite research tools.

new TradeStops carousel

This new menu is called an action carousel. You can click on the different items to complete various actions like building a portfolio, tracking your investments, and so much more. This action carousel scrolls to the left and right, so make sure to review all the available options once we release the product updates.

What is that Diversification Quotient number?

You may have noticed a Diversification Quotient tied to your portfolio.

diversification quotient example

We calculate the Diversification Quotient (DQ) with our proprietary Diversification Algorithms. The lower the number, the more correlated the stocks in your portfolio are. The higher the number, the more diversified the stocks in your portfolio are.

Here are some examples of Diversification Quotients as of June 7th, 2019.

Major indices:

  • S&P500 = 1.41
  • DJI = 1.50
  • NDX = 1.25

Billionaires:

  • Buffett= 1.29
  • Einhorn= 1.87
  • Icahn= 1.39
  • Klarman= 2.08

Portfolio Widgets

Finding information on your portfolio’s performance is easy. At the top of the screen, you can select the portfolio you’d like to view. From there, we’ll provide you with some basic portfolio information – like positions in the SSI Green Zone, Portfolio Volatility Quotient (PVQ), Value, Total Gain, and Daily Gain.

Below that, there are four portfolio widgets. These widgets are little boxes with useful information about your portfolio.

portfolio widgets

You can look at portfolio distribution, your portfolio’s performance in the market, top winners and losers for your portfolio, and any recent events for your portfolio.

In each of these widgets, there are various action items you can complete, like clicking a ticker for more information, accessing Pure Quant, adding a 2VQ alert, and much more.

General Widgets

Below the portfolio widgets are also some general widgets.

general widgets
  • Trending Stocks — see what TradeSmith customers are searching for in TradeStops
  • My Watchlist — see the stocks that triggered entry signals most recently from your watchlists
  • Newsletter Recommendations — see the most recent recommendations from your newsletters
  • Dr. Smith Insights — see the latest editorials from Dr. Smith and his team
  • Help Center — access our Knowledge Base and helpful webinars to get started