TAMPA, Fla., July 21, 2015 /PRNewswire/ -- Today PerfectTrade LLC, the Tampa, Fla. based company that created the popular professional trading website, Stops and Targets in 2009, announces the launch of a new free website, Trenz, http://trenz.us
Trenz is a website that calculates stock trends and generates ratings for nearly 4,000 symbols, including the entire Russell 3000 (covering 98% of investible US stocks), hundreds of Exchange Traded Funds (ETF's), major market indices, and selected e-Mini Futures Options.
"We decided to make some of the trend following and rating technology from Stops and Targets freely available so that everyone, including private investors, can now evaluate a security before buying, and then effectively manage risk throughout the life of the investment," says PerfectTrade co-founder, Bill Hazlett. "Our research shows that most private investors are lacking one of the most significant components of a thorough plan for managing their investment portfolio: stock trend analysis. We have found that when you ask most investors the question 'At what precise point would you exit a trade either to take profit or to protect capital?', they simply have no idea."
"The idea behind Trenz," says co-founder John Duesenberg, "is to provide a free site to anyone who invests in the markets that introduces basic concepts from Stops and Targets of how to trade effectively, consistently, and to stay aligned with trend momentum to help manage risk."
Trenz calculates stock trends in multiple timeframes using the same pivot support and resistance levels as the pros. Pivots are formed where a security's price abruptly reverses, creating the peaks and valleys evident on stock charts.
As a security's price advances, either up in a bullish trend or down in a bearish trend, the stop/reverse lines for that security will automatically move. Those stop/reverse lines are the exact prices where many professional traders place their protective stops to lock in gains and to exit a trade at a trend change. Stop/reverse lines can also be the places raiders of a stock will target to exploit the stops of others, and can be powerful attractors for the automated trading algorithms that currently dominate much of the trading volume in the markets.
Trenz also assigns a multi-trend rating and generates a concise and easily understood paragraph explaining the most likely trading direction of that symbol.
Trenz is a powerful new tool that enables self-guided investors to stay on the right side of the trends in both bull and bear markets, because the trend is your friend...until it ends!
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SOURCE PerfectTrade LLC