REVIEW - Tradespoon Advantages and Disadvantages

Tradespoon Trade Intelligence Platform is an invaluable, user-friendly set of tools that allows traders to quickly determine exactly what, how, and when to trade - putting profitable trading within reach. Tradespoon lets you find winning Forex trades in minutes. Using the most powerful predictive analytics available, you can accurately pinpoint currency price trends for both daily and intra-day timeframes. Tradespoon reviews graphs depicting the historical performance of each stock to help forecast future performance. 

What are the recommended brokers for trading on Tradespoon?

Alpari, FXTM, FBS, XM, FXCM

• Sign Up Absolutely FREE: Once you create your account profile, you hold the key that unlocks Tradespoon's Video Training Vault.
• Easy to access: Simply enter your email address and choose a password to start your membership.
• Expand your Trading Know-How: Tradespoon's Video Training Vault lets you learn while you trade. Whether you're a newbie or an experienced trader — their collection of training videos are a great way to advance your trading abilities and position yourself for more consistent trades.
• Uncover More Profitable Trades: Throughout the training videos you will discover how each Tradespoon Tool is designed to make you a more consistent trader. Their tools use predictive analytics and real-time market data to help you find more winners.
• They show you which stocks to trade, how to play them, and when to get in and out of each trade based on your risk tolerance.
• Its user-friendly software predicts stock prices with incredible accuracy. Use this exclusive stock intelligence to uncover the most profitable opportunities in the market! 

Tradespoon Bulls/Bears

Review the complete weekly ranking of the stocks in their system they deem most overperforming/underperforming (bullish/bearish). Each week, their sophisticated algorithm orders trades with a higher potential for return based on assumed performance variance versus the S&P 500 Index (SPX). Their team of trading industry veterans completes analysis to validate the rankings. You can get a jump-start on potential profit opportunities by tapping into the full output of our algorithms.

Seasonal Charts

• Review graphs depicting the historical performance of each stock to help forecast future performance.
• See how a stock has performed historically and will likely fare under different political, economic, fundamental and technical conditions.

This tool may help you to:

• Decide which side of the market you should be on
• Estimate how long up-trends and down-trends are likely to last
• Approximate where tops and bottoms are likely to occur so that you can set buy and sell stops
• Determine which price “blips” are indicator whipsaws that might produce trading losses

Probability Calculator

This tool will help determine the likelihood of an underlying stock trading above, below, or between certain price targets on a specified date.

ActiveTrader

Tradespoon ActiveTrader service is for the busy trader who does not have the time to research their own trades, but still wants to remain active in the market each and every day.

MonthlyTrader

Tradespoon MonthlyTrader service is for the busy Swing Trader who does not have the time to research their own trades, but still wants to remain active in the market each and every week.

Stock Forecast Toolbox

Tradespoon will forecast the Stock Price’s Trend, Turning Points, Movement Vector's Direction, and "Buy-Sell" Signals with stunning accuracy for both a short and long-term investment strategy.

• Stock Forecast Tool — The Stock Forecast Tool predicts a stock's price trend over a time period of one hour to 10 business days, and as long as six months.
• Profit Calculator — The Profit Calculator will estimate the potential profit from investment.
• Company Screener — The Company Screener is a unique tool to find companies with the profitable returns.
• Portfolio Manager — The Portfolio Manager combines Tradespoon investment strategies into a single report.

Education

Access educational training videos/webinars to enhance your trading skills. Tradespoon offers weekly live online training sessions and has a large collection of online videos accessible at any time. Training topics include:

• Technical stock analysis
• Fundamental stock analysis
• Options trading basics
• Forex Forecast Tool

Tradespoon lets you find winning Forex trades in minutes. Using the most powerful predictive analytics available, you can accurately pinpoint currency price trends for both daily and intra-day timeframes.

• Real-Time Currency Pricing
• Custom Historical Price Charts
• Accurate Price Forecasts
• One-Click Data Downloads

Futures Forecast Toolbox

Instantly predict any Future's next day high and low trading range and provide both long and short term forecasts of price direction with up to 80% accuracy.

Trade Idea Tool

Combine Tradespoon’s excellence in predicting outcomes of trade performance with your own investment criteria. Our Trade Idea Tool begins with your unique risk/reward profile, preferred investment vehicle, and your market outlook (bullish or bearish). Then it provides you with high-quality trade ideas including:

• The probability of each stock trading at a certain level during the time horizon you have selected
• How bullish or bearish the stock is in the short term
• Tradespoon’s Proprietary Buy/Sell Rating

Premium Member Stock and Options Picks

As a special bonus, they periodically alert subscribers about their highest quality trade picks, based on market conditions and our stringent criteria, along with direction (long or short) and exact entry and exit prices. Taking action is your call, you can consider whether you will trade the pick and, if so, the volume of shares to trade.

Stock Focus List

Listing of highly liquid stocks, sorted by most recently updated research, along with links to Seasonal Charts and Probability Calculator.

Portfolio Analysis

• Monitor all portfolios under your direction at a glance
• View value, year-to-date and daily return, volatility, weighting and other indicators
• Drill into each portfolio for performance and risk metrics, holdings breakdown and more
• Compare portfolios to market indexes

Portfolio Optimization

For each of your portfolios, the platform will recommend a more optimal portfolio, using options to achieve the desired balance. Their rebalancing algorithm constructs these efficient portfolios by examining asset correlation and using the optimization scheme you specify, including:

• Markowitz: Tradespoon will seek to reach a specified return with minimal variance using a Markowitz mean-variance optimization; you define the frequency
• Buy and hold: Tradespoon will maintain a static asset allocation and rely on manual rebalancing
• Equal weights: Tradespoon will seek to maintain a static allocation of weights and will rebalance as asset prices fluctuate; you define the frequency

Portfolio Management

• Conduct asset reallocation using a mean-variance optimal allocation
• Back test the performance of various portfolio allocations using their historical asset database
• Detect and optimize the portfolio’s exposure to various macro sectors
• Benchmark portfolios against leading US indices and portfolio historical performance through built-in charting and visualization or via export to Excel

Reprinted from Forex Ratings, the copyright all reserved by the original author.