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Overview:
Stockhouse is a platform built to guide investors via different tools and products that show how to increase the benefits of investing money in the stock market. This is a powerful place for active investors who don’t believe in the traditional ways of stock market investing. There is a good advisory panel which is available at all times for investors needing support. Stockhouse is the advisory platform of Stockhouse Publishing which is quite famous due to its financial education systems, books, reviews and its services provided to other companies.
Account Setup:
Account setup is easy and hassle free, it only takes a minute. All that is needed is a username, password, current country of residence and your email address. A confirmation mail is sent to and activation is required. The monthly fee is $12.95, however, the websites offers a 7 day free trial period. If an investor doesn’t want to continue thereafter, then they are required to unsubscribe from the website after removing data from their portfolio.
Buying and Selling:
Stockhouse has a portfolio tracking feature called the portfolio tracker which enables investors to track real or virtual portfolios. You can create multiple portfolios to test out different strategies. When you create a new portfolio it is up to you to decide how much cash is in the portfolio. This cash can then be used to purchase stocks and mutual funds in US and Canadian markets. The price you pay for the security is input by the user so you have the option to import existing portfolios into the portfolio tracker which is a different from most stock market simulators. There is multiple order types available including buy, sell, short sell, reinvest dividend, etc. You also set the commission amount for each trade by yourself.
Community:
There is an open forum where investors can exchange their views concerning the stock business and they can take the advices of seniors and expert members via virtue of which their business and money could be inclined. There are different types of tools and products available for the members like portfolio manager, editorials, news, charts, social networking tools etc.
Portfolio Tracking:
An investor may have portfolio tracking via charts and he can monitor his gains and losses with the help of latest tools available on the website. He can also monitor his activities and buying and selling that he has done in real stock market. The portfolio tracker which is a tool available on this website makes it possible to set many portfolios and to see the values of investments in each of them. This portfolio tracker aggregates data about stock and mutual funds and provides useful informations in this regard. The portfolio tracker also possesses other options like cash and investments. It furnishes with real time market data and daily activities. This portfolio tracker helps in calculating the cost base, gains and losses.
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