The decision-making process for your stock portfolio
When trading stocks, the snapshot is essential. Headlines in the media can tell you about stock changes after the rise or fall of the specific stock - not before or while it's happening. These headlines can affect when and why you choose to buy or sell a stock. This is called an emotional buy/sell.
An emotional buy or sell of a stock is most often based on an emotion that comes from reading a headline or via push notifications on your phone. In other words, it is a decision made in the moment, without further thought.
StoxIQ is designed to avoid these emotional decisions that can drastically affect your stock portfolio. Instead, you get the ability to make your decisions based on data. These are called rational decisions and they are necessary for you to have the most success with your stock portfolio.
This makes StoxIQ the ideal app for long-term investors. You will be able to continuously see the stocks that benefit you in the long term, not on a daily basis.
Personal stock portfolio using StoxIQ
When you sign up with StoxIQ, you must first set up your own personal investment profile. Then, through calculations and data processing, the app will generate an optimised portfolio - targeted directly at you and your interests.
Based on the information you have entered, and continuously add to your investment profile, StoxIQ can offer you suggestions on how to optimise your portfolio. The stock portfolio is based on your criteria and offers you the best possible composition, for you. This is composed in terms of risk, return and risk diversification.
In the app you will find suggestions for, among other things:
• Selection criteria
• Portfolio weights
• Risk diversification
In other words; all aspects that can benefit you in terms of optimising your equity portfolio.
If a stock is suggested to you that is not interesting to you, or is not current, you will be able to remove it from your list. This is done manually, so you are sure not to lose the opportunity to buy stocks that might be of interest to you.
Your stock portfolio will be automatically updated with suggestions for new buying opportunities, depending on how the market evolves, as well as the updates you continuously make on your personal investment profile.