*Platform uses end-of-day data, ready by 5:30pm on market days.
If we had 38 seconds to tell you why we believe you'll love the BuySellShortCover Platform.. We'd say:
- It surfaces the market's freshest, most actionable leads.. so you'll never go a trading day without great ideas..
- Mine powerful signals & filter on proprietary indicators to find the < 1% of 8000+ Stocks & ETFs worth trading..
- Day-, Swing-, Position-, and Long-term traders alike can find ideas & setups tailored to your risk and time horizon..
- Does all the "heavy-lifting" for you to quantify & standardize 4 unique technical behaviors in every Equity & ETF..
- Easily compare opportunities apples-to-apples when analyzing ideas w/ the Prospecting Grid & Equity Profiles..
- Prospecting Engine saves you a ton of time because it helps you become a more productive &
arrow_downwardRead the story behind our Platformarrow_downward
We ❤ Our Members! 750+ traders in 60+ countries actively tested BuySellShortCover in our beta program*
*Our small, experimental beta program grew to 1000s of Members across
60+ countries who've helped test the platform & 100s actively in the platform every week
since our beta launch in January 2017.
The leads were weak!
We were fed up with spending too much time on a broken stock research process
that didn't consistently give us enough good leads. Wasting hours hunting and pecking through fragmented sources:
message boards, stock screeners, trading platforms, stock picking services, and news sites trying to keep our pipeline of trading ideas fresh...
Our platform replaces a broken and painful time-consuming stock research process.
Although we sometimes found decent leads from these various sources, seemed we were missing that "big picture" group of stocks about
to make wild short-term moves
from the mobs of fast and dumb money piling into them.. and thus, missing ripe opportunities
to profit from.
While all of these products and services are worthy in their own right we couldn't find one or even a few sources
combined that consistently gave us all the most actionable stocks and ETFs organized and ranked on one screen.
We believed there had to be a better way...
so we finally scratched our own itch and built
a platform around one specific concept:
Producing the market's most actionable trading ideas concentrated on one page.
We just wanted the juice...
Our current product, the realization of this concept. Read on to learn more about its origin and evolution:
We're not expert traders (yet), but we've had our share of good trades. In retrospect most of these very profitable trades exhibited a common behavior during
the time we traded them: wide price ranges and sustained volume increases
. Ironically, this extra volume and crazy volatility
sometimes even offered "forgiveness" for those positions in which we made sloppy entrances.
It suddenly hit us that we should only look for
stocks and ETFs with this kind of "highly actionable" behavior.
Notice the Berserker's numerous leading indications of big swings in SkyPeople's stock price:
We concluded that these "highly actionable" tickers were those ripe for a strong move because of a serious supply-demand imbalance.
Even amateur traders with some good risk management could quickly capture a profit from them. We knew we were on to something...
it would be easier for us to profit, and profit quickly,
from stocks that are highly actionable;
and we shouldn't commit time or capital to stocks that aren't.
We set a new goal: mine the market for only "highly actionable" stocks.
Headlines read bankruptcy for SGY, but three massive Berserker spikes from $3-$5 led to a strong double:
It wasn't until studying 18 years of trades and market data that we deduced the two conditions for a "highly actionable" stock:
a steady and simultaneous swelling in both price volatility and volume
over sequential time frames.
Initially named this gauge the "herd velocity" as it requires more participants (herds of bulls and bears) and more catalysts
(excitement and controversy) to increase a stock's volume and volatility at the same time. In sum, the conditions were
more traders and more emotions behind the price action.
Multiple Berserker spikes show the fear and greed keeping Alere's stock in the $35 to $45 range:
Berserker spike with extreme hammer candle flush on Matson leads to a solid 15% gain in following days:
When a stock attracts more participants and exhibits increasingly wider intra-day ranges
there's a higher probability of
quickly capturing a profit in the short term.
We needed to figure out how to measure this "herd velocity" and
systematically apply it to every stock and ETF
in the market ... because we wanted to narrow down the most actionable ones as
our candidates for the next day's trading setups.
By default our prospecting engine sorts on Berserker (Herd Velocity) descending, surfacing the most actionable names:
Yes, I want access to BSSC's prospecting engine
Scratched my own itch
Couldn't find "herd velocity" in any service or platform so we had no systematic way of measuring it
let alone seeing if it was
rising or falling day to day for any given ticker symbol.
Then we spent many nights and weekends working on algorithms to measure
or "gauge" this for every US equity and ETF. The result was a sophisticated scoring engine that crunches a year's worth of price and volume data
everyday after the market close which enabled us to rank the entire database of equities and ETFs by highest herd velocity.
With this we could finally see the cream trading ideas rise to the top.
11/16/16's top names included many dry bulk shippers... confirming greed, euphoria.. and opportunity in that group:
The engine was now generating fresh batches of the most actionable symbols
from which we could
find several highly probable setups
for the next trading day.
Just as important, we wanted to visualize the sustainability of a stock's herd velocity plotted over time
with its price and volume data - telling us whether the party would be around for a while
the carnival was packing up and leaving town.
The first big Berserker spike in DRYS led to 500%-1000% gains. Among 2016's largest 3-day gains (long and short):
EnteroMedics explodes out of downtrend. Berserker holds up, showing signs the party could be here for a few days:
The 5-day party in Rand Logistics ends in a climactic pump and dump. Smart traders captured 60-120% gains:
Your key to good leads: Berserker Gauge
After a few years we finally iterated the algorithm to incorporate 52 weeks of price volatility and volume data to
systematically quantify the "herd velocity"
and then coined it the "Berserker Gauge."
This sophisticated actionable scoring engine, incorporating data from multiple time frames, cuts out the market noise and really allows you to see
which symbols currently have the relatively strongest and sustainable herds behind their price action.
High berserker values typically indicate a massive short-term supply-demand imbalance..
or, in trader's terms, munneeee.
An early Berserker spike warns of a pending move in Avianca. The follow through spikes confirm:
Several random Berserker spikes coupled with the steady rise in TMobile's Preferred stock offer intriguing clues:
Solid Berserker spike after a wedge breakout in Weight Watcher's chart led to a solid 20% gain:
Yes, I want the top Berserker stocks everyday
A Platform for Traders, by Traders
After building a process to consistently grind out the Berserker data
for every stock and ETF in the market, we began to scrutinize it
after every daily update. During the platform's experimental stage we started to immediately see the "hottest" or most actionable symbols
concentrated into the first page. Victory was ours!
Fresh batch of names from a random day (10/17/16). Notice the various sectors and prices:
It was hard to believe as it became real
and after every daily data update we still get excited to see the wide variety of fresh
and highly actionable trading ideas. Suddenly we had more trading leads than we could handle
and could spend more time
planning and focusing on setups
for the next trading day.
Another batch (from 11/2/16) with even higher Berserker values:
At this point we realized we had to organize this data into a product so other traders could utilize it.
Much more work remained before it would be
commercially ready. We went back to the lab and looked for key data we could use in context with Berserker gauge to create the most value
in our decision support system for trading ideas. What would compliment Berserker to give us even better leads?
Process of Elimination
As traders we want to find setups with a good probability of making a quick profit
and to avoid committing capital to unproductive positions. We built this platform around this "Berserker Gauge" to
narrow the entire market down to the stocks with the craziest herds
of bulls and bears.
We set a goal to become more productive and profitable traders through a sustainable pipeline of highly actionable trading ideas.
Specific criteria yields a juicy set of actionable leads on 12/8/16:
We've learned that in the context of trading day to day the market doesn't care much about long term estimates, financial forensic analysis, or other business fundamentals so we built the platform with a focus on proprietary technical gauges and indicators rooted in price and volume action.
Traders just care about symbols that have a high probability of making a big move tomorrow or in a few days. The "Berserker Gauge" was the first revelation.
Highest Berserker stocks for 1/12/17
We believe fundamentals are already factored into a symbol's price and volume.
Looking at earnings reports, balance sheets, and economic data won't give you the clues for the big moves that are about to happen tomorrow. Price and volume will... and good traders only care about where the herds of dumb money and big money are moving right now
so they can quickly scoop out their profit and move on.
Just as important, traders want to avoid tying up capital in positions that have a high probability of tight ranges and little volatility. Utilizing the Berserker and Flux Guages in our platform helps you weed out all the unproductive "zombie" stocks and ETFs
from your list of prospective trades.
No more hunting and pecking all over the internet from various sources of hype and speculation to find your next trading idea!
The Berserker Gauge uses a solid mathematical formula rooted in price and volume to quantify the relative actionability of every equity and ETF in the US market.
Our platform gives you these highly actionable leads fresh daily - it brings the cream to the top.
I'm ready, sign me up for the good leads
Like a "Treasure Map" for Traders
If you're a trader its crucial you know which equities and ETFs have the highest concentration of "herd" money
The Berserker gauge quantifies this for every US Equity and ETF. Our platform is really an unfair advantage for exceptional traders
- those highly skilled in planning the best setups for symbols most ripe for big moves.
Look at all this juice in the next screen shot.. there's so many fresh and juicy leads ripe for the picking
that we can't contain our excitement.. In fact we're so enthusiastic about it that I yelled "Look at all this juice" aloud while typing this paragraph.
Here's a solid list of potentially big movers pulled for 1/19/17 using specific criteria:
Another solid set of results using same criteria for 1/20/17
We're confident you will find two or three good trading ideas everyday
from results like these in our prospecting engine..
we use this platform ourselves everyday
to find several leads for the next day's trading.
Another simple, yet powerful screen targets low price tickers ripe for big moves (1/19/17)
Remember, our platform provides you the leads... but for every single lead you find its on you to:
- Understand the story... the catalyst(s), idea, etc.. around the stock, that's causing it to move
- Plan your trades carefully... entrance, exit, profit target, stop loss, etc..
- Think for yourself! 10 traders looking at the same lead can each profit from it differently
Gauging Volatility with Flux
The Berserker Gauge was the beginning. There were other key behaviors we wanted to quantify
and use in conjunction with Berserker
to really narrow focus to ticker symbols exhibiting specific characteristics for highly probable long/short setups.
The first thing that came to mind was intra-day volatility.
All else constant we prefer stocks or ETFs expected to make wild daily moves
over stocks that likely won't. Flux was developed using a complex formula to determine a symbol's typical daily range.
Simply, a symbol with a Flux of 12 will have a much wider daily range than a symbol with a Flux of 3.
Screen for 1/19/17 sorted by highest Flux. Notice Globus Maritime's Flux is off the charts:
Good traders are scraping cream daily off Globus Maritime's consistently high Flux (60?? That's insane!!):
Elasticity: Bull and Bear tug-of-war
Until now, you might've seen that indicator above Berserker comprised of lime and pink colored bars
and asking.. what the heck is Elasticity?
In simple terms it lets you visualize how far a stock is stretched above or below its normalized "at rest" price level
and confirming whether the bulls or bears control the price. But the algorithm underneath of Elasticity gauge is far from simple.
Long's solid support reflected in Magellan Petroleum's Elasticity... nothing but green:
While Berserker Gauge quantifies the "craziness" in a given stock, which we originally referred to as "herd velocity," we experimented with ways of gauging
other specific characteristics we believed were important for increasing our odds of profitability.
We wanted to visualize who was in
control of a stock's price.
We started experimenting with a stock's price relative to a range of its moving averages
to determine how stretched
(elastic) the stock's price is relative to its averages which ultimately became our 'Elasticity' gauge. We're so excited that there's
so many charts with beautiful Elasticity patterns
that we want to share with you. Here's a taste:
SeaChange's Elasticity stays red the past several months; shorts still control the stock:
Interspace's initial and subsequently more powerful reversal in Elasticity signals amazing trading opps:
Stemline's head & shoulder pattern with weakening and broken Elasticity signal a possible move lower:
Shorting early snap and steady breakdown of Zendesk's positive Elasticity leads to 25% gains:
After numerous iterations of plotting Elasticity data with a symbol's price and volume it becomes a kind of tug-of-war indicator,
revealing sustainability of bullish or bearish momentum
(whose in control?). Large changes in Elasticity with sustained follow through
can also indicate key reversals in price
Portola's stock is held down for months until a powerful reversal in Elasticity leads to oppt'y for 15% gains:
Yes, give me access to the good leads
Visualizing Social Anxiety
We wondered: what else other than price and volume can gauge a symbol's actionability?
The timing and quantity of message board posts
around a symbol. We experimented with aggregating data from stock message boards and stumbled on a methodology of gauging daily relative strength
of discussions (anxiety) around a given symbol.
Then we plotted it along with price, volume and the other key gauges and noticed a powerful correlation
between our berserker and social gauges. When there's lots of people anxious about a stock you know there's money ripe for the taking.
Observe Barnes & Nobles' stock prices around the time Social anxiety peaks:
Notice the large surges in Berserker and Social Gauges around Gamestop's pops and drops:
Our prospecting platform has a powerful capability not found anywhere else: you can search for symbols with a high, low, or 'big move in' Social gauge.
This filter can be used in conjunction with all of our other proprietary gauges and technical filters. In an upcoming video we'll show you
many different combinations of filters with Social gauge that result in unique and actionable trading leads.
When criteria are combined, the prospecting engine becomes a powerful tool for targeting highly actionable leads:
Together they tell a Meaningful Story
The building blocks for finding highly actionable leads
were now in place. After we finished the code to crunch all the gauge data to utilize in
our prospecting system and output them together onto the stock profile page (under the price and volume chart) we were hit with another revelation. So much juice all in one place.
Pulmatrix chart.. a beautiful orchestration of Elas reversal, Berserker breakout, and Social surge:
Berserker, Flux, Elasticity, and Social gauges plotted together with price and volume reveal a story and provide valuable context for
planning a long or short setup for particular symbol.
Now we look forward to every trading day so we can continually put our platform into action.
combined use of criteria yield highly targeted set of actionable leads:
Still here? Awesome... Join BuySellShortCover and never go a trading day without good leads again.
Yes, I want my own BuySellShortCover Account
Disclaimer: What BuySellShortCover is and isn't...
What BuySellShortCover IS:
BuySellShortCover IS NOT:
- Trading idea lead generation platform
- Proprietary technical stock and ETF screener
- Decision support system for trading stocks and ETFs.
- Stock-picking, hot tip, or promotion site
- Investment recommendation or advisory service
- Business fundamentals research tool