How Stockity Works: A Beginner’s Guide to Understanding the Platform

how stockity work STOCKITY

As an investor looking to get started with trading in today’s market, you have likely come across mentions of Stockity, a popular trading platform used by millions of traders worldwide. However, as a beginner, the interface and tools can seem quite complicated and daunting. This guide aims to provide you with an overview of how Stockity works, the key indicators and strategies frequently used on the platform, and tips to get you up and running to make your first trade. By the end, you will have a solid understanding of the basics and be equipped with the knowledge to start trading confidently using Stockity. So let’s dive in and explore how to unlock the power of this advanced yet user-friendly trading platform.

What Is Stockity and How Does It Work?

Stockity is an online stock analysis and trading platform that provides tools for investors to research, track, and trade. As an investor, you can use Stockity to analyze the overall market to make informed trading decisions.

To get started, you first need to create an account and fund it. Once your account is set up, you can access Stockity’s full range of tools and features. These include:

  • Stock analysis tools: View real-time stock data, charts, and indicators to analyze stock performance and trends. Assess fundamentals like revenue and key metrics. Compare them side by side.
  • Stock screeners: Filter based on criteria like market cap, industry, volatility, dividend yield, and more. Find items that match your investing goals.
  • Watchlists: Add items to a personalized watchlist to monitor their performance each day without having to look up information individually. Receive alerts about price movements and news.
  • Trading platform: Place market, limit, and stop-loss orders to buy and sell. Trade on both desktop and mobile so you can react quickly to market changes.
  • News and research: Access the latest market news, analyst research reports, and expert commentary to stay on top of events that could impact your positions or the overall market.
  • Portfolio management: View all your positions, balances, and account activity in one place. See real-time income and loss across your portfolio and individual positions. Track your trading performance over time.

In summary, Stockity provides sophisticated yet easy-to-use tools for analyzing, monitoring the market, and executing trades so you can make well-informed investing decisions. With some time and practice, you’ll be using Stockity’s platform like a pro.

Key Stockity Indicators to Understand

To effectively trade on the Stockity platform, it is important to understand some of the key indicators available. These indicators can help determine the momentum and direction of a stock to optimize your trading decisions.

Trend Lines

Trend lines connect price highs or lows to show the prevailing trend in a stock. An upward trend line means the stock is moving higher over time, while a downward trend line shows the stock is trending lower. If the price breaks through the trend line, it may signal a trend reversal.

Moving Averages

Moving averages smooth out price fluctuations to show the underlying trend more clearly. The 50-day and 200-day moving averages are popular indicators. If the 50-day moving average crosses above the 200-day, it indicates an upward trend and the potential for higher prices. If the 50-day drops below the 200-day, it may suggest lower prices ahead.

Relative Strength Index (RSI)

The RSI measures the magnitude of recent price changes to determine if a stock is overbought or oversold. Readings over 70 indicate overbought conditions, while readings under 30 signify oversold conditions. Overbought items may be due for a pullback, while oversold items could be poised to rebound.


High or increasing volume often confirms the significance of a trend or trend reversal. If volume is declining, it may indicate a trend is coming to an end. Volume can also signal when a reversal may be imminent.

Using these indicators together can help determine when to buy, sell, or hold a stock for maximum profitability. Be sure to test indicators and find what works for your trading style. With practice and experience, reading the indicators will become second nature.

Developing a Stockity Trading Strategy

To develop an effective trading strategy on Stockity, there are a few key steps to consider:

Choose indicators that match your trading style. Stockity offers over 100 indicators to analyze the markets and find trading opportunities. Select indicators that align with your trading goals, whether that is trend following, mean reversion, momentum, etc. Some popular indicators for day trading include:

  • Moving Averages: Simple Moving Average (SMA), Exponential Moving Average (EMA)
  • Relative Strength Index (RSI): helps identify overbought and oversold conditions
  • Bollinger Bands: plots standard deviation channels above and below a moving average

Define your entry and exit rules. Once you have selected indicators, determine exact rules for when to enter and exit a trade based on those indicators. For example, you may enter a long trade when the 5 EMA crosses above the 20 EMA, and exit when the RSI reaches over 70. Write down your entry and exit rules before trading to avoid emotional decisions.

Backtest your strategy. Use Stockity’s backtesting feature to see how your strategy would have performed historically. Tweak and retest as needed until you have a strategy with an acceptable rate and risk-reward ratio.

Start with a demo account. After developing your strategy, practice it with a Stockity demo account using fake funds. This allows you to practice your strategy in a simulated trading environment without risking real capital. Once you are consistently profitable on the demo, you can consider switching to a live funded account.

Review and revise. Even the best trading strategies experience periods of losses. Track your key metrics like risk-reward ratio and maximum drawdown. Make adjustments to your strategy as market conditions change to continue optimizing your performance. With regular review and revision, you can develop a long-term Stockity trading strategy.

The Best Stockity Trading Strategies for Beginners

Develop a Trading Strategy

The key to trading on Stockity is developing a well-defined strategy. As a beginner, focus on simple strategies to minimize risk. Two recommended strategies include:

  • Trend following: This strategy involves analyzing price trends and trading in the direction of the trend. Look for items with a consistent upward or downward price trend over the past 3-6 months. Buy or sell to follow the trend, setting a stop loss in case it reverses. Exit the trade once the trend starts to weaken.

-Swing trading: This short-term strategy aims to capture price “swings” over a period of days or weeks. Analyze stock price charts to identify support and resistance levels. Buy when the stock price approaches support, targeting a price increase to resistance. Sell as the price nears resistance, planning to buy again when it drops back to support. Set stop losses in case support or resistance levels break.

Choose Indicators

To help determine trends and swing points, utilize technical indicators. Two useful indicators for beginners include:

  • Simple Moving Average (SMA): The SMA shows the average price over a set period of time, helping to identify trend direction. For example, a 50-day and 200-day SMA can indicate an uptrend if the short-term SMA crosses above the long-term SMA.
  • Relative Strength Index (RSI): The RSI measures the speed and magnitude of price changes to determine if a stock is overbought or oversold. An RSI over 70 suggests a stock is overbought and may indicate a price drop, while under 30 indicates oversold and a potential price increase.

Manage Risk

With any strategy, utilize stop losses and take income to manage risk. Place stop losses below support levels for long positions or above resistance for shorts. For income, target price levels where trends may reverse or where swing highs/lows were previously reached. Start with a 1:1 risk to reward ratio, and adjust based on your risk tolerance.

By developing a straightforward strategy, utilizing helpful indicators, and managing risk through stops and targets, you’ll be well on your way to trading on Stockity. Always start small, learn from both gains and losses, and continue improving and refining your craft.

Step-by-Step Guide to Making Your First Stockity Trade

Preparing to Trade

Before making your first trade on Stockity, there are a few steps you should take to prepare.

First, fund your Stockity account. You can do this by linking a bank account, wire transferring funds, or mailing a check. Your account must have a minimum balance to start trading.

Next, familiarize yourself with the Stockity platform. Spend time navigating the dashboard, charts, indicators, and order entry systems. Practice using the virtual trading simulator to experience placing trades in a risk-free environment. This will help build your confidence and allow you to make mistakes without consequence.

Finally, develop a trading strategy. Consider factors like risk tolerance, investment goals, and trading style. Select indicators and tools that fit your approach, whether trend-following, mean-reversion or fundamental analysis. Backtest your strategy with the simulator to determine its viability before using real funds.

Placing Your First Trade

When you feel prepared, it’s time to place your first live trade on Stockity. Follow these steps:

  1. Log in to your Stockity account and ensure you have buying power available. Deposit more funds if needed.
  2. Select a market to trade. Then choose a specific security, pair or contract to buy or sell based on your strategy.
  3. Determine your order type – market, limit, stop or stop-limit. A limit order allows you to specify your entry or exit price, while a stop order triggers a market order once a certain price is reached. Choose based on your objectives.
  4. Review the details of your trade and double check that all information is correct before submitting your order. Then place your trade and monitor it closely, especially as it approaches your target.
  5. Manage your open positions and adjust stops or take income levels as needed based on the price action. Exit a trade once it meets your strategy targets to lock in income or losses.

With practice and consistency, making trades on Stockity will become second nature. Continue honing your strategy, learning from both ganining and losing trades, and keep a trading journal to track your progress over time.


As you have learned, Stockity provides a robust yet intuitive platform for trading. With a few simple tools, you can analyze companies, detect opportunities, and make strategic trades. The key is to start slowly, learn the indicators and strategies that resonate most with your goals, and practice with a demo account before using real funds. Trading is a skill that takes time to develop, but with the right mindset and tools, you’ll be executing profitable trades in no time. Now you have the knowledge – it’s time to get out there and put it into action. Take the first step and open your Stockity account today. The opportunities are waiting for you.

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