Best Online Tools for Traders Series 3/4
How to use Qompazz
The internet gives investors a wide range of tools to use to improve their portfolios. Some investment tools come at a price, while other tools are free of charge. Using free investment tools is a common practice made by new and experienced investors, traders and speculators. It is important not to ignore the benefits you can receive by using free investment tools. While some investment tools offer a significant amount of information and resources, other tools only give people basic tips, strategies and data. Qompazz is not only perfect for those starting out with their investment ventures. In fact, Qompazz provides tools and information that experienced investors rely on.
Getting Familiar with Qompazz
The popularity of social networking sites is exploding, creating new avenues for investors, speculators and traders to share investment strategies and ideas. Qompazz is actually a social platform, giving investors the ability to share insight with one another. The powerful consensus tool gives investors the ability to filter, track and manage stocks. Furthermore, the e-consensus tool offers solutions to help people engage their audience to make investments more appealing. The option for an investor to share triumphs and tribulations with other like-minded individuals is a recipe for success. Investors who take the time to socialize with other investors will eventually gain additional insight, tips and techniques to become a well-rounded investor. It is important for investors to feel confident, and gaining confidence is a process that requires social interaction with multiple investors.
Qompazz gives the user the ability to use the e-consensus tool for free. This tool is crucial for collecting, filtering and showing details on different financial sectors and assets on a global scale. Advanced investors, traders, speculators, brokers and even brokerage firms, all use the e-consensus tool to their advantage. Both experts and beginners can filter the market consensus chart by selecting accuracy, profitability and holding period. Advanced users and beginners can sort through recommendations by adjusting specific criteria. Users can view recommendations based on the probability of success, term and profitability. In other words, investors can base their decisions on recommendations by others, instead of relying on hard data only.
Choosing Users to Follow
The ability to see recommendations made by other investors will give users a new way to look at charts and graphs. For each sector found on Qompazz.com, a list of the top 10 users will appear for each stock selected. The percentage of accuracy for each user will give any investor an idea on who they should follow. You also have the option to make recommendations, and Qompazz.com will track all your recommendations and give you an accuracy score as well. Overtime, you will be able to increase your accuracy by doing simple research on investment strategies. Qompazz is giving in-depth information about the accuracy of users and brokers, which is extremely valuable to investors.
Sharing Your Recommendations on Facebook
Social networking is an environment that allows people to increase their knowledge base in a short amount of time. Sharing your recommendations on Facebook is a built-in option provided by the e-consensus tool. Whether you decide to recommend buying or selling, all your followers can view your decision. You can also justify your decision by writing a brief explanation on why you think you should buy or sell a particular stock. Once you start building a history of successful investment decisions, you can expect increased followers on both the e-consensus tool and Facebook. Other investors are able to follow your recommendations, creating an advantage for investors paying attention to recommendations made by investors.
Why Social Investment Communities are Beneficial
Using a social platform for investment ideas and strategies is beneficial to both advanced investors and beginners. Advanced investors, traders and speculators can improve their portfolio by sharing information with one another. Beginner investors can pick and choose which investors they want to follow by sorting through accuracy, success rate and holding period. By using a social platform for sharing investment recommendations, users can adjust their current strategies to improve profits. Sharing recommendations with popular social networking sites, such as Facebook, will create a community of investors. Qompazz is Social like Facebook, straight like StockTwits, and much more useful than eToro.
Selecting the Right Broker for Your Investment Goals
A stockbroker buys and sells stock for investors, for a specific fee. All stockbrokers must have the proper credentials, such as licensing. The majority of stockbrokers work under a brokerage firm. If you want to find additional information about stockbrokers, you can visit finra.org to gain insight on a wide range of investment professionals. Be sure to find stockbrokers who have received their Series 7 and Series 63 licenses. Two perfect examples of popular brokerage firms are Charles Schwab and Merrill Lynch. Once you select a stockbroker or brokerage firm, you can review the accuracy of a broker or firm on the brokers ranking page on Qompazz.com.
Researching Stock Information
Although paying attention to recommendations made by experienced investors is an excellent idea, you still need to take the time to look up specific details about stock. In other words, you may want to do your research on companies before viewing recommendations made by investors and brokers on Qompazz.com. Finding details about a company’s potential for growth is actually quite simple online. Experienced investors will visit company and industry websites to find news and information about things like upcoming releases. Investors will also take the time to use financial and news websites to build a finalized decision on whether investing in a certain company will be a smart move. After researching stock information, you can use the e-consensus tool to compare recommendations made by advanced and experienced investors and brokers.
Combining Research with Recommendations on E-Consensus
After performing enough research about a company’s stock, you may form an opinion on whether buying or selling stock is a smart move. Do not be surprised if you find recommendations that differ from your own opinion. In fact, if there is a big discrepancy between your recommendation about a particular stock and other recommendations on e-consensus, you may have stumbled across an opportunity. Qompazz.com is valuable to investors because of the transparency the e-consensus tool offers. Finding investors with a successful history that disagree with your recommendation may be a clue to something you missed. In other words, the transparency offered by the e-consensus tool will help prevent investment mistakes, which ultimately will improve your portfolio and history.
Comparing Success Rate and Profit Percentages
Users that have a history of making successful investment decisions on Qompazz.com are definitely attractive to follow. In some instances, investors and brokers will have a 100 percent success rate on a particular stock. Viewing the profit percentage of an investor or broker for a particular stock is one of the main reasons why the e-consensus tool is a transparent tool. For example, an investor or broker may have a 100 percent success rate on a particular stock with a profit of 20 percent. The transparent options found with the e-consensus tool gives investors the data needed to improve their portfolio. This is a major reason why social investment platforms are drastically changing the way investors, speculators and traders become successful.
Holding Period for Short-Term and Long-Term Investors
Another major advantage the e-consensus tool offers is the transparency of the holding period. Whether you are a short-term or long-term investor, paying attention to the holding period of the top 10 users is necessary for making smart investment decisions. Short-term investors may experience higher risks than long-term investors may. By viewing the transparent details the e-consensus tool provides for the top 10 users on a particular stock, you will be able to make a smart investment decision. For example, paying attention to the holding period of a user with a high success rate is beneficial for short-term and long-term investors.
How the E-Consensus Tool Influences Investment Decisions
The word “consensus” means a group decision-making process. The e-consensus tool influences the investment decisions made by individuals in a group. Social investment tools and social investment platforms consist of many participants. All participants play a vital role in investment decisions by making recommendations and building a portfolio on e-consensus. In other words, the e-consensus tool is unique because of its transparency and participation of both advanced investors and beginners. Essentially, Qompazz.com is offering users the option to become a part of a growing investment community. Recommendations made by investors with a high success rate, influence the entire community because of the transparent details the e-consensus tool has to offer.
The Value of Web-Based Investment Tools
Web-based investment tools are necessary in today’s technological world. Accessing the e-consensus tool is simple, whether you are at home, or on the go with your smart phone. The e-consensus tool is accessible on desktop computers, laptops, tablets and smart phones. Therefore, users can access the e-consensus tool from anywhere they have a connection to the internet. Users can manage their investments in a social way while traveling, or sitting at home. The option to keep up with successful investors is definitely influential with the decision-making process involved with investing. The e-consensus tool is unique for presenting details of the history of successful investors and brokers.
How E-Consensus Measures Up Against Other Investment Tools
Unlike other web-based investment tools, e-consensus is presenting users the option to filter through users based on accuracy, profitability and holding period. Users can adjust accuracy, profitability and holding period to display a list of the top 10 users in different sectors. Adjusting the market consensus chart provides wiggle room for both new and experienced investors. Well-known investment firms, such as Charles Schwab, become transparent because of the user’s ability to view success rates, accuracy, holding period and profit percentages. In other words, the e-consensus tool is also an excellent resource for researching stock. It is an investment tool and a research tool, all in one package.
Watching the Investment Habits of Big Investors
Even experienced and advanced investors will spend time tracking the decisions made by well-known investment firms, brokers and brokerage firms. By using the e-consensus tool, it is easy for a user to track patterns. Researching market news and following well-known investors and brokers on e-consensus, will eventually expose areas of opportunities. Building an impressive portfolio requires an individual’s ability to recognize opportunities when they arise. The e-consensus tool also exposes the direction stocks are heading. Recommendations, for example, will paint a picture of where a particular stock may end in the future. If you see several large investors selling a particular stock, you may want to follow.
Formulating an Effective Investment Strategy
Since the e-Consensus tool offers transparency of other investors and brokers, creating your own unique investment style should not be that difficult. Choosing a few users to follow will help get you started on a new investment strategy. Whether you are a beginner, or you have plenty of years under your belt making investment decisions, the e-consensus tool is valuable for creating new investment strategies. Users you choose to follow will play a vital role on how you will make your own investment decisions. Therefore, choosing users to follow is one of the most important steps for using the e-consensus tool to its full advantage. This is why the e-consensus tool is offering transparency, unlike other social investment tools and platforms online.
What Investors Should Expect in the Future
Building an online portfolio and following successful users on e-Consensus will benefit your investment ventures long-term. The exploding popularity of social networking and online investment tools are blurring together to form a new online community that is beneficial for investors, traders and speculators. Qompazz gives users transparency, convenience and intelligent tools to help people become successful as investors. The simplicity of e-consensus is already changing the habits of investors. Online investment communities will continue to grow into the future, sharing informative data on successful and unsuccessful investors. For more information on e-consensus and investing, be sure to check out the Qompazz blog.