Frequently Asked Questions

A.Stocksift is a software as a service for retail traders and investors, providing intuitive stock trading tools that simplify probability, sentiment, fundamental, and technical analysis.

A.Stocksift is 100% free to sign up and use the free members-only features. However, to enhance your user experience and level up your stock trading skills, upgrade to Stocksift Pro or Stocksift Elite to unlock all premium Stocksift features.

A.Joining Stocksift is free and easy. First, create an account, pick a unique username, and then complete the rest of the sign up form.

A.To create a free Stocksift account, complete the sign up form.

A.To change your password, you need to log in, and then you can change your password in the Account Settings page.

A.If you forgot your password, enter your email in the forgot password form and we will email you instructions on how to reset your password.

A.If you wish to delete your account, visit the Account Settings page and complete the Delete Account form near the bottom of the page.

A.Stocksift Starter is our free plan, which does not require a credit card. Simply create a free account by visiting our sign up page. Our free Starter plan is free forever, so join Stocksift today!

A.Stocksift Elite is our premier, elite-level monthly/annual subscription plan to our Elite software service; a suite of software that emphasizes high probability trading and prediction tools. Upgrade to Stocksift Elite to unlock all of our premium features and products.

A.Stocksift Pro is our pro-level monthly/annual subscription plan to our Pro software service; a suite of software that emphasizes fundamental and technical analysis tools. Upgrade to Stocksift Pro to unlock more of our premium features and products.

A.Yes, all plan prices shown are in US dollars.

A.We offer a 30 day free trial that ends 30 days from the date you started the trial.

A.Yes, if you cancel your 30 day free trial before the trial period ends, then you will not be automatically charged for the subscription plan you selected.

A.Yes, if you do not cancel the 30 day free trial before the trial period ends, then your payment method will automatically be charged for the amount shown on your emailed receipt.

A.Yes, you can cancel your monthly or annual subscription plan at any time, without refund, on Stocksift through your Account Settings page. When you cancel your Pro or Elite plan, your account will be downgraded to the free plan at the end of your current billing cycle.

A.Stocksift plans are billed monthly or annually, depending on whether you selected a monthly or yearly plan at checkout, and are billed on a recurring basis until the subscription plan is canceled in your account settings or payments are stopped.

A.If you completed the checkout process and have a Stocksift subscription associated with your account, you can update your payment and billing information through Stocksift on your Account Settings page.

A.Stocksift does not store your payment or billing information, such as your credit card numbers or billing address. Our third-party payment processor, Stripe, securely manages and stores your payment and billing information securely on their servers so that recurring subscription payments are possible.

A.We accepts all major debit/credit cards, Apple Pay, Google Pay, and Cash App Pay.

A.To manage your Stocksift Pro or Stocksift Elite subscription, visit your Account Settings page on Stocksift, click on the Billing & Subscriptions tab, then click the Payment Methods & Billing button, which will redirect you to a third-party customer portal managed and powered by Stripe. Once at the customer portal, you can manage your subscription; i.e., cancel your plan, add a new payment method, change your billing information, etc.

A.Yes. Stocksift does not store your payment information on our servers. Our payment processor, Stripe, securely manages and stores your payment and billing information.

A.The Stocksift stock screener is a tool that you can use to find stocks and generate trade ideas using filters to narrow your search. Stocksift's stock screener lets you filters stocks using technical indicators, fundamental indicators, price action, and candlestick patterns..

A.To unlock the locked timeframes and filters, you must be an upgraded member.

A.To save a custom screener and your filters, you must create an account an log in. Once you are logged in, then on the screener page you cann save your screener and reuse it.

A.Free users are limited to the number of filters they can use. However, to apply an unlimited number of concurrently active filters to your stock screener get Stocksift Pro or Elite.

A.The price data and financial data that our stock screener uses is updated daily, end-of-day (EOD), after the stock market closes Monday-Friday.

A.A stock market simulator is a tool for traders to practice trading stocks using simulated or real market price data to simulate trading stocks.

A.The benefits of a stock market simulator is that it helps traders practice and level up their stock trading skills before they risk their real money to trade stocks.

A.A trader should practice trading stocks in a simulator for at least 6 months. Once a trader is consistently profitable for 6 months in the simulator, then they may be ready to trade the stock market with real money.

A.Our stock market simulator fills all entry and exit orders after the stock market closes. Our servers will process all trades typically after 5:00 PM ET.

A.All new Stocksift accounts get a free $50,000 practice trading account to use in the simulator. We do not let users reset their starting balance because you wouldn't be able to reset your account in real life. By not allowing users to reset their starting balance, it helps ensure our simulator game is competitive and difficult, similar to how trading the real stock market is difficult.

A.Our game leaderboard updates daily on weekdays after the market closes.

A.Yes, our stock market game is free to play and has some premium features available as well.

A.Top trader logs are available to Stocksift Pro and Stocksift Elite members; however, upgraded members may choose to set their trade activity to private, which will prevent anyone from viewing their trade logs.

A.Our simulator provides a variety of order types, including: market order (buy/sell), limit order (buy/sell), take profit order, stop order, and trailing stop order.

A.Forward testing is a method traders use to measure their trading systems or strategies for profitability and its risk. Forward testing is similar to backtesting, except that forward tests use current price and financial data to test the trading system, rather than historical or past price data.

A.Forward testing helps traders to see if their trading system is profitability using current price data rather than past data. Instead of testing your trading system by risking real money in the stock market, it is better to test your trading system via paper trading. Paper trading allows traders to simulate trading by using current price data but without the risk of losing real money.

A.The forward testing feature is available to Stocksift Pro and Elite members. Once you upgrade your account, then you can visit the Forward Testing page and create a trading system and forward test it for profitability.

A.Our Forward Testing product lets users create custom forward tests where a user can select thousands of stocks to use for generating paper trades.

A.Multi-stock forward tests are where a user creates a custom forward test and selects more than one stock to test their trading system against when the forward test, paper trading, simulation starts.

A.Forward tests use current price data to simulate trading via paper trading. The forward test simulation accesses the current price and financial data, which is updated daily, after the stock market closes.

A.The Forward Testing generates trades daily for each trading system that you automate and create a forward test for. At the end of the day, after the stock market closes, our servers scan all automated paper trading systems and generate trades, or close existing trades, based on the rules of the automated trading system.

A.A watchlist alert notifies you via email when a stock you are watching meets a set of conditions that you define. For example, you can create a watchlist alert for a company to notify you when its price drops below a certain level. Watchlist alerts are executed on the server-side, meaning that you do not have to be logged in order for them to execute (you can set and forget them and we will email you when your alert is triggered.)

A.Watchlist Alerts are a feature available to Stocksift Pro and Elite members. Once you upgrade your account, then on the screener page, you can create watchlist alerts.

A.If you are a Stocksift Pro or Elite member, then you can create up to 200 and 400 watchlist alerts, respectively.

A.Watchlist alert types describe the type of alert that a trader creates to monitor a stock. For example, we offer alert types for the following: candlestick patterns, price action, technical indicators, fundamental metrics, and dividends.

A.By using watchlist alerts, a trader gains the benefit of automating their stock monitoring. Traders use watchlist alerts to monitor their open positions and get alerted when an entry or exit trading rule is met for a stock.

A.Our server checks all of your watchlist alerts daily at the end-of-day (EOD) when the stock market closes, to check if any of your alerts are newly triggered, which we then notify you via email of the new alerts.

A.Yes, you can manage whether or not you receive email alert notifications from us for watchlist alerts in your Account Settings page.

A.Stocksift Social is a private and exclusive community of retail stock traders and investors who are dedicated to finding top stocks. It is a gated social media platform, which keeps the bots, scams, shills, and agenda pushers out.

A.Stocksift Social is a members-only community for all Stocksift users. Create a free account to join our community.

A.By joining a gated community like Stocksift Social, members enjoy more privacy and a safe space to share their opinions and ideas within a like-minded community. The problem with public online communities is that they are overran with trolls, bots, shills, and agenda pushers, which creates noise and may mislead and distract traders from what is important, that is, winning.

A.To maintain access to the exclusive Stocksift Social, a user must follow our site rules, terms of use, and content policy.

A.No, we welcome traders of all skill levels. If you are totally new to trading, we welcome you to join. Our community helps each other learn to trade successfully.

A.No, Stocksift Social members make their own investment and trade decisions. We do not give financial advice or recommendations to buy or sell a certain stock; we are not financial advisors. Members may share publicly available financial information and give their opinion on stocks.

A.We encourage free speech and support it. We encourage healthy debate and alternative views, different opinions, and contrarian thinking. Users are free to post or share what they like, as long as it does not violate our content policy.

A.Typically no, Pro and Elite members may bypass account bans, unless they are breaking the law or continually and intentionally violating our content policy.

A.A news feed is an aggregated collection of news articles from a variety of news sources. Our News Feed Sentiment product provides news feed articles for thousands of stocks and simplifies sentiment analysis by scoring each article.

A.Sentiment analysis is a technique used by traders to determine the emotional tone behind words. For example, an author of a news article may write a story about a stock, and their tone may be positive (bullish), negative (bearish), or neutral, in regards to whether a stock should be bought or sold.

A.Our aggregated news feed of articles are sourced from wellknown and trusted sources, some of which include: Forbes, CNBC, MarketWatch, Reuters, etc.

A.No, our news feeds have a delay of around 10-15 minutes from the time the articles are published, due to system caching and sentiment scoring.

A.Most stocks, that are talked about in the news, will have a news feeds. However, it's possible that there might not be any news articles published for a stock, which would mean the news feed would be empty.

A.We categorize news articles into five sentiment score categories, including: bullish, somewhat-bullish, bearish, somewhat-bearish, and neutral.

A.The overall sentiment is a quick summation of all of the sentiment scores in a news feed for a stock. This overall score is useful to quickly determine the general sentiment for a stock, which saves you time from having to read dozens or hundreds of articles to estimate the sentiment manually.

A.Sentiment analysis, like other forms of data analysis, is another tool traders can use to make better trade decisions. We make no guarantees to the accuracy of the sentiment scores. Sentiment is an opinion and doesn't guarantee the price direction of a stock.

A.No, the sentiment scores are opinions. They are not recommendations to buy or sell a stock.

A.AI Financial Analyst lets users quickly analyze income statements, balance sheets, and cash flow statements by using AI. We leverage ChatGPT to generalize financial data and generate key findings and insights in the data.

A.Fundamental analysis is the study of financial data, which is used by traders and investors to pick better investments. By analyzing the financial statements of a company, a trader is able to make smarter trade decisions by investing in companies with strong financials.

A.We provide access to financial data from balance sheets, income statements, and cash flow statements. Depending on how frequently a company files their financial statements, we provide access to quarterly, annual, and trailing-twelve-month financial statement data.

A.We provide access of up to 30 years of financial history.

A.We integrate with OpenAI API (ChatGPT) and leverage their API to quickly analyze financial statements and generate key findings and insights.

A.We use the GPT-4.0 Turbo model, which is the latest GPT model by OpenAI.

A.No, Stocksift does not offer financial advice. The AI analyzes information for educational purposes only. OpenAI’s models are not fine-tuned to provide financial advice. You should not rely on their models as a sole source of financial advice. See the Stocksift disclaimers for more information.

A.No prompt means that the user does not have to prompt or instruct ChatGPT what to do. We automate out the need to communicate directly with ChatGPT, which saves you time. We automatically process financial data by using ChatGPT, so you don't have to manually format, collect, and copy and past the data in a way that ChatGPT can understand.

A.The ChatGPT AI will identify bullish and bearish indicators within the financial statements. The bullish and bearish indicators are financial metrics that the AI identifies as being buy or sell signals.

A.Stocksift Elite members can generate up to 2,000 AI financial statements per month (monthly subscribers), or 24,000 per year (annual subscribers).

A.We make no guarantees on the accuracy of the AI generated output or financial analysis. The benefit of AI generated financial analysis is to quickly generalize the data to point out key insights and findings. The generated AI output is for educational purposes only, and not to be misconstrued as financial advice.

A.AI Stock Trader is a service powered by an AI that generates stock picks and sends automated email alert notifications to Stocksift Elite subscribers.

A.Stock alerts are a useful way to generate trade ideas and discover new stock trade setups and picks. There are thousands of stocks and millions of data points, which is not practical for a trader to manually scan and research each individually. Our AI speeds up the research and discovery process and identifies stocks that it believes are good trade setups and entry points.

A.Our AI will generate anywhere from 0-10 stock trades per day. In essence, our AI will generate a top-10 list of stocks to trade, but there may be less than 10, or even 0 stock picks on a given day, that is, if the AI doesn't find any trade setups that day.

A.Our AI generates stock picks and sends out stock alerts via email at the end-of-day or after the market closes on that day.

A.Every day that the stock market is open, or Monday through Friday.

A.To manage your email notifications, visit your Account Settings page. Then you can manage, enable or disable, email notifications for the AI Stock Trader.

A.Our AI manages risk and money by utilizing stop loss levels and take profit levels. Risk is managed through picking multiple stocks; i.e., diversification.

A.No, given the nature of the stock market, and that our AI makes predictions based on historical data, we do not guarantee any performance results or an ROI %. The AI Stock Picks are for educational purposes and are not recommendations to buy or sell stock. We do not provide financial advice. All trades you take are at your own risk, and should you should consult with a professional financial advisor before making an investment or trade.

A.Our AI scans thousands of stocks and millions of data points and looks for stocks that are growth stocks and trending upwards.

A.Our AI picks stock trades for swing traders. The length of time our AI holds a position for is typically a few days to a couple weeks, which is about the time a typical swing trade position is held.

A.Candlestick probability is a Stocksift Elite product that lets users view and search the probability of winning and losing a trade based on a candlestick pattern. We provide 360+ candlestick patterns and probabilities for thousands of stocks using the current price data and the entire price history of each stock.

A.By knowing the probability of winning and losing a trade, a trader is able to optimally size their position based on their perceived and estimated probability of winning and losing a trade. Optimal position sizing, relative to your risk and reward and the estimated probability of winning and losing, is how a trader may reduce risk while maximizing potential reward.

A.We identify candlestick patterns for the daily, weekly, and monthly timeframes and provide probabilities for the patterns in each timeframe.

A.We offer over 350+ candlestick patterns and provide probabilities for all of them.

A.Any of the thousands of stocks, including ETFs, that we have price data for will be analyzed by our system to check for candlestick patterns and then calculate the probabilities per stock and pattern.

A.Candlestick pattern probabilities are updated daily, at the end-of-day (EOD), after the stock market closes for the day.

A.Fakey candlestick patterns are false signals where the price goes in the opposite direction that the pattern predicts. A fakey signal is used by traders to take a position in the opposite direction that pattern predicts. Candlestick patterns typically are used to predict the direction of the price, but when the pattern fails to predict the price direction, and the direction goes in the opposite direction that it typically predicts, we then say it is a false signal or fakey pattern.

A.Confirmed candlestick patterns are signals where the underlying candlestick pattern correctly predicted the price direction. Traders often wait for candlestick patterns to be confirmed by price action before taking a trade, so that they mitigate the risk of whip-saws and false signals.

A.Reversal candlestick patterns are patterns that predict the price direction will go in the opposite direction of the current trend. For example, if the current trend is a downtrend, and you recognize a reversal pattern, then that pattern suggests the price will go up.

A.Continuation candlestick patterns are patterns that predict the direction of the price trend will continue. For example, if the price is in an uptrend and you see a continuation pattern, then that patterns suggests the uptrend will continue.

A.Indecision candlestick patterns are patterns that are undecided on the price direction. In other words, they are indecisive, since they're neither bullish or bearish.

A.All candlestick patterns, except for indecision patterns, are used to predict the direction of the price. For example, a bullish candlestick pattern predicts the price will move upwards, and vice versa. So a winning pattern is when a pattern correctly predicts the price direction, which implies that if a trader traded that pattern, then they would've won that trade. Losing patterns are when a pattern fails to correctly predict the price direction of a stock.

A.Backtesting is where a trader tests their trading system for profitability and measures its performance over historical price data. Backtest your trading system to see your strategies number of wins and losses and probabilities of winning or losing a trade with that system.

A.The benefits of backtesting are that it lets traders quickly test their trading strategies without having to test it by risking real money in the stock market. Before trading, it is useful to know how your trading system, or strategy, performs over historical price data.

A.The backtesting feature is available to Stocksift Elite members. Once you upgrade your account, then you can visit the backtest page and create a trade system of rules to test for profitability.

A.Our backtesting product lets users create custom backtests where a user can select thousands of stocks to use in a backtesting simulation.

A.Multi-stock backtests are where a user creates a custom backtest and selects more than one stock to test their trading system against when the backtest simulation starts.

A.Multi-stock backtests let users backtest their trading system over thousands of stocks and the last one year of price data.

A.Single stock full-history backtests let users create custom backtests for a single stock and use that stock's entire price history and financial history during the backtest.

A.Single stock full-history backtests let users backtest their trading system using up to 30+ years of historical price data and financial data.