Trading Tools – Stock Price Decline Checker

Stock Market Trader Desk
Stock Market Trader Desk

As a trader and investor, I’m constantly trying to make profitable stock trades and invest more wisely. I’m primarily looking for ways to increase returns, decrease risk, and to make smarter decisions.

One of the ways I make better trades and invest more wisely is through the use of various trading and investing tools. There are many great tools and web sites out there to help trading and investing research, such as R, Yahoo! Finance, Google Finance, and Wolfram Alpha, to name a few. Sometimes I’ll even create my own tools to use.

One of the tools I’ve created is the Stock Price Decline Checker which you can find on my GitHub.

The stock price decline checker tool checks a list of stocks to see if the price has declined a certain percentage from its maximum price over a specified number of days.

The goal is to identify primarily index ETFs that have declined substantially in price from their maximum values over the past few weeks or months, which could potentially signal a buying opportunity.

One way I use the stock price decline checker is to see if index ETFs such as QQQ, SPY, or DIA have declined significantly from their max prices over the past 2 months. To be more specific, I’ll run the stock price decliner checker to check if the index ETFs have fallen over 7.5% over the past 50 days. This kind of fall would indicate a substantial drop in the overall market price, such as a market correction, and to me this could signal a good buying opportunity.

Here are some links to my other trading and investing related web sites and tools:

How I Started Trading Stocks – Part 2

For those interested in stock market trading and investing, I have written part two of a series detailing how I started trading stocks. The article is How I Started Trading – Part 2. This article can be found at my stock market trading blog: Trading Winner.

In case you missed the first part of my introduction to stock trading and investing, you can find it here: How I Started Trading – Part 1.

How I Started Trading Stocks – Part 1

Someone recently left a comment on my Trading Winner blog asking how I got started in the stock market. They are a beginning trader and they were interested in how other traders and investors learned and developed their trading and investing knowledge and skills.

In response this persons request, I have published an article on Trading Winner titled “How I Started Trading”, which talks about the history behind my business, finance, investing, and trading life and experiences. Check it out and leave me a comment letting me know how you got started in the stock market!

Read the entire article: How I Started Trading at Trading Winner.

Silver Exchange Traded Fund (ETF): SLV

I have posted an article on my Trading Winner and Investing Winner blogs about the new Silver Exchange traded fund (ETF), whose ticker symbol is SLV.

For those unfamiliar with Exchange Traded Funds, or ETFs, read my Exchange-Traded Funds – ETF on my Investing Winner blog. ETFs have many advantages and can benefit every stock trader and investor.

Read my Silver ETF (SLV) articles:

Trading Winner: TD Ameritrade – AMTD

I have posted a new article on my Trading Winner blog about my online stock market broker, TD Ameritrade. The Trading Winner article, TD Ameritrade – AMTD provides the latest TDAmeritrade developments and news. TD Ameritrade has reported huge earnings, lowered commissions, moved to a new website, and started a new advertisement campaign. Important developments!

Read the full article: TD Ameritrade – AMTD at Trading Winner.