This article is a website version of our weekly FREE Best Ideas Newsletter sent on 29.07.2024. Sign up here to get it in your inbox every Tuesday.
Would you like to automatically get an email if a stock price falls or goes up a certain percentage?
If so keep reading.
The Unplanned Feature
A while ago I asked our programmer to add a feature where subscribers automatically get an e-mail if a trailing stop loss is triggered.
For some reason, he misunderstood me and programmed two trailing stop loss indicators.
One from the bottom and one from the top. At first, I was confused but then I realized this is a great feature you will find useful.
So, we added two trailing stop loss indicators to the screener.
Trailing Stop (Top)
The first one is called Trailing Stop (Top).
This allows you to enter a trailing stop loss percentage and a price or you can use the current market price.
As soon as this percentage, from the all-time high, is triggered you get an e-mail.
As with all alerts, you can also make a note as to why you set the alert and what you want to do. I forget all the time so I now always make notes.
You can read more about it here:
How to use the Trailing Stop (Top)
How to make the best use of the screeners e-mail alerts
Trailing Stop (Bottom)
The second one is called Trailing Stop (Bottom)
This one is the opposite of a trailing stop loss...
The Trailing Stop (Bottom) is triggered if the price has moved up a percentage that you have set. So that's a great indicator to use if you're looking for a stock that has turned around and started going up.
Again, add a reason why you set this alert so that when you receive an e-mail you know what you want to do.
You can read more about the indicator here:
How to use a Trailing Stop (Bottom) in your portfolio.
Your, helping you with your alert’s analyst
PS To find great companies that exactly meet your investment strategy right now click here.
PPS It is so easy to forget, why not sign up now before you get distracted?
