RoboTrader lets retail investors implement a trading plan that requires only client confirmation for fast, accurate execution, with results monitored in real time. Questrade does offer its own robo-adviser service Portfolio IQ , which includes its own Questrade exchange-traded funds.
Traders can use any VectorVest trading system, modify them or build their own systems and, if necessary can trade several plans at once: RoboTrader continuously monitors the portfolio and trading system, identifying new trades the moment they need to be made.
Confirmations are sent directly to the broker. As with robo-advisers, this appears to be a way to take much of human emotion out of investing. With robo-advisers, the technology generally involves monitoring a portfolio of low-cost ETFs.
With RoboTrader, it revolves around 23, individual stocks including ETFs rated every day by VectorVest, but is similar in that it attempts to minimize emotional reactions to the market. Jonathan Chevreau is the founder of the Financial Independence Hub and can be reached at jonathan findependencehub. Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc. You acknowledge that the Software constitutes confidential and proprietary information of VectorVest.
At all times both during the term of this Agreement and thereafter You must hold the Software in the strictest confidence and may not use the Software in any manner or for any purpose other than as permitted herein and shall not disclose the Software to, or allow use by, any other person or entity.
When You use the Subscription Service, You are communicating with us electronically. We may communicate with You, and you consent to receive such communication, through the Subscription Service or via email.
You agree that all agreements, notices, disclosures, push notifications, texts, chats, social media communication and other communications that We provide to you electronically satisfy any legal requirement that such communications be in writing. VectorVest shall not be liable to You for any failure to perform under this Agreement or for the failure of any VectorVest products or services, if such failure results, whether directly or indirectly, from fire, explosion, strike, freight embargo, act of God, or of the public enemy, war, civil disturbance, terrorism, act of any government, de jure or de facto, or agency or official thereof, labor shortage, transportation contingencies, interruptions of power or communications, internet slowdowns or failures, unusually severe weather, default of manufacturer or a supplier as subcontractor, quarantine restrictions, virus, pandemic, epidemic, public health issue, catastrophe, economic recession, or lack of timely instructions or essential information from the other party.
Any dispute or claim raised by You arising out of or relating to this Agreement or the subject matter hereof will be submitted only to binding arbitration on a confidential basis, conducted strictly in accordance with the terms of this Agreement and the substantive law of the State of Ohio. The arbitration venue and all related hearings will be in Akron, Ohio.
You agree that the arbitration will be governed by the Commercial Arbitration Rules of the American Arbitration Association. Unless You and VectorVest concur in the appointment of a single arbitrator, the matter of difference shall be referred to three 3 arbitrators appointed to hear the case pursuant to the procedures set forth in the Commercial Arbitration Rules of the American Arbitration Association.
The arbitrators must base their decision with respect to the difference before them on the contents of this Agreement, and the decision of any two of the three arbitrators shall be binding on both You and VectorVest.
Judgment upon the award rendered by the arbitrator s may be entered and enforced in any court of competent jurisdiction. Neither You nor VectorVest will be precluded hereby from seeking equitable provisional remedies in the courts of any jurisdiction including, but not limited to, temporary restraining orders and preliminary injunctions, but such equitable remedies will not and may not be sought to avoid or stay arbitration. Any arbitration or provisional equitable action commenced by You, or arbitration, equitable, or other legal action in a court of law commenced by VectorVest, arising out of or relating to this Agreement, shall be commenced in or as close as possible to Akron, Ohio.
In any action commenced by VectorVest in a court of law, You irrevocably hereby submit and consent to and agree not to contest, object to, or challenge, the personal jurisdiction over You, by any court in Akron, Ohio, in which such action is filed, as well as to the venue of such court, and you hereby waive any and all defenses, challenges, or objections related to personal jurisdiction and venue. The free version includes connection to an unlimited number of bank and investment accounts, as well as budgeting and planning tools.
The premium version, on the other hand, obviously includes all the features of the free plan, as well as features related to investing, such as stock alerts, portfolio analysis and stock market data. Keep in mind that VectorVest only connects to Questrade so that you can place your orders directly through the application.
This means that the major Canadian brokers are absent and that you will have to manually modify your portfolio on VectorVest on a regular basis to properly monitor your investments. VectorVest and Hardbacon are applications that offer quality tools to support investors investing on the stock market.
Both solutions offer similar functionality when it comes to investing, although VectorVest is distinguished by the ability to transact without leaving the app. However, VectorVest is only an investment solution, whereas Hardbacon offers a much wider range of tools relating to investment, budget and planning. The basic version of the app is free , but you can do more with Hardbacon Premium. To take advantage of this promotion, use promo code BLOG10 when subscribing through our website.
Enguerrand est analyste financier chez Hardbacon. More posts by Enguerrand Sueur More recent stories Mint vs. Hardbacon: the full review Mint was launched in in the US, and is the grandfather of all budgeting apps that link to bank accounts.
Hardbacon and Passiv are both solutions providing tools to support retail investors and help them grow their money. Passiv was created by…. Offers Blog Sign in Sign up. Credit Cards Compare Credit Cards. Improve your Credit Score. We created an indicator that we call the VST — the value, safety, timing vector — which allows us to rank all these stocks from those that have the best combination of value, safety and timing to the worst.
We have an analysis system where we put three indicators — relative value, relative safety and relative timing — on a scale of , with 1 being the neutral point. If the rating is above 1 it is favourable and if the rating is below 1 it is unfavourable.
What this allows our subscribers to do is to take any stock, whether they have ever heard about it or not, find it in the database and look at RV, RS, RT and if that indicator is above 1, they know that is favourable. They can look at that stock and look at those three indicators and all of a sudden they know a whole lot about it. So they can analyse stocks faster than anything out there. The other thing they can do is put their stocks in a Watch List. Say an investor owns 15 or 20 stocks, usually it is a job just to keep track of what each stock is doing.
They may have them in a portfolio and they can know whether that portfolio is either gaining or losing money. But with a VectorVest Watch List the stocks are ranked by VST vector so that the best ones are at the top of the list and the worst ones are at the bottom. This takes just a second or two so an investor can immediately see exactly what the stocks in his or her portfolio are doing.
VectorVest provides a tremendous amount of information very, very fast. When we calculate value, we look at earnings, earnings growth rate, profitability, interest and inflation rates and we have a very solid base of fundamentals.
We give earnings forecasts, growth rates, we analyse dividends, we give dividend growth rates, we also look at dividend safety. This is one of the things that is so attractive about VectorVest, that you can get fundamental information that is very well defined.
We are doing extraordinarily well in a number of the foreign countries that we are in because we are giving our subscribers information that they cannot get anywhere else. We give fundamentals on every stock — it is right there in the database. When you set up the systems for VectorVest Canada and VectorVest UK, what differences did you notice between the companies listed in those countries? We went from the US to developing the Canadian product and Canada is basically a resource country.
Our system is very harsh on valuation so there were many companies in Canada that did not get good valuation ratings or good safety ratings from VectorVest. On the other hand, they do have a lot of good companies and those companies would show up very, very well. When we went to do the UK, I found that the UK had a plethora of good, solid companies with good financial track records making money.
It was interesting that when we entered the UK the market was in a very strong uptrend and week after week after week there were just solid winners at the top of our ranking list.
The UK has a lot of good, solid companies that are well managed so I found more of a commonality in regard to the fundamentals of the companies with the US than I did with Canada. Do you think there is a disparity between the amount of information available to US and UK investors? Yes, exactly. Here in the US there is a lot of information available, in fact one of the problems in the US right now is that there is an information overload.
Investors can go on the internet and find all kinds of stuff and so what they need to do is to be able to cut through all the noise and get right down to the information they need to make better decisions. In Canada our product is doing sensationally well because we cover so many stocks that nobody else really gives any information on. It is the same thing with the UK. Our experience of analysing our competitors in the UK is that none of them do what we do.
What mistakes do investors typically make when it comes to picking stocks? The most frequent mistake they make, and believe me I know because I made them all, is that they listen to the conventional wisdom. The conventional wisdom is that you cannot time the market, that buy and hold is the best strategy, and you should buy stocks going down in price. The mistake is right there.
0コメント