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Frequently asked questions about QuickScan

Can I run the program on more than one computer?
Is the data in the program real-time or delayed?

Do I need an external data feed?
Is your program for day trading?
Do you do intraday scans, or only daily charts?
What is the cost of the product?
Why is your program so cheap (for all that it does)?
Can I had my favorite stock symbols to the program?
Why are there only 1800 stocks?
Do you support OTC and pink sheet stocks?
Do you support the Indian exchange (or Toronto exchange, or other foreign exchanges)?


Q. Can I run your program on more than one computer?
A. Yes. There is no limitation to the number of machines you can install our products. However, you can only sign in on one at a time (if you forget to sign out of one and launch another, it will force-sign-off the other one).

Q. Is the data in the program real-time or delayed?
A. The computations and “scans” are all performed on real-time data (if the market is open), and the program updates these scan results between 5 and 10 seconds. The program itself does not receive a “streaming quote” feed, only the results of real-time scans.

Q. Do I need an external data feed?
A. No. Everything you need is built-in to the program.

Q. Is your program for day trading?
A. Yes and no. Day traders use our product frequently, but it is excellent for longer-term trading, and for options trading.

Q. Do you do intraday scans, or only daily charts?
A. The product scans daily and intraday charts (1, 2, 5, 15, 30, 60, and 120 minute), all in real time.

Q. What is the cost of the product?
A. A 3-month subscription costs $99. This continues unless you cancel (and canceling is easy).

Q. Why is your program so cheap (for all that it does)?
A. To complete with perceived competition. This particular space is very crowded with hype and even some scams. An affordable subscription is the best way we can break through this “noise.”

Q. Can I add my favorite stock symbols to the program?
A. Our program uses a database of about 2000 stocks. While this list is updated periodically, you cannot add symbols if they are not already in the master list.

Q. Why are there only 2000 stocks?
A. The 2000-stock database is simply all stocks in the NYSE, NASDAQ and AMX exchanges minus those that trade too thinly (below 300K shares per day, average), and those that trade below $1 per share.

Q. Do you support OTC and pink sheet stocks?
A. No. However, we plan to release a separate product that does.

Q. Do you support the Indian exchange (or Toronto exchange, or other foreign exchanges)?
A. Currently, QuickScan only supports US stocks.

 

 

 

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