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.
