Stockopedia First Impressions

8th Sep '22 by UserMaxM1574974

3 comments 887 reads

I am trialling Stockopedia and first impressions are very good indeed. I have been using Sharepad and SimplyWallSt, which are OK. Used to use Zacks and Motley Fool.

I had some Triple Flag Canadian Shares, that had not done well so sold them very recently, so had some Canadian Dollars in my SIPP.

I had been on a 4-5 day Mark Minervini course in Myrtle Beach and he likes momentum stock buying and selling and likes William O' Neill's style, so with the markets' uncertainties I decided to review the William O'Neill Filter through Stockopedia and up came these two very different shares.

So, I reviewed them, printed out the information on each and liked what I saw. So, I bought both with the money from the sale of Tripled Flag and both have subsequently improved in value, whereas most of my other stocks have not.

It's very early days, but I have created a Portfolio and input the prices paid and number of shares bought and I like that there is plenty of room for a description, so when I look back I have the reason why I bought, apart from the printed sheets. So, I think I will be signing up shortly.

Unlock with Email

Unlock with Google

Already have an account?
Login here

AnonymousUser1822519

9th Sep '22

Hi UserMax,

I knew almost immediately on trialing Stockopedia, almost a year ago, that it was the missing(big) piece in my trading, and within a few days jumped straight into an annual subscription. It does take some time to learn how to use properly all of the tools available, in particular the screens, so if you need more convincing no reason not to subscribe monthly instead of annually at first, then switch to annual later down the road to save some cash. I think that once you reach the point where you can create your own screens rather than rely on the prebuilt filters such as William O'neills which I find is overly stringent, than you would have realised that not having Stockopedia becomes more expensive(through the losses of owning bad stocks), than not owning it. It took me a good year to gain a good grasp of the screens, after reading lots of the articles here, so give it a full year at least and then if you feel its not for you so be it. My profits since subscribing has easily exceed the cost of membership, so continued subscription here is a no brainer.

Max Morrison

22nd Sep '22

Thanks for your comments which I will take on board

Aargh Aitch

27th Sep '22

Yes, Stockopedia does save you money. I'm coming up to one year of membership, so must choose whether to renew or expand the region's I am paying for- e.g adding Canada to my account.

To see if the value I'd got out of Stocko was "Real" or illusory I decided to do a comparison exercise. I created an extra folio of the shares I'd considered buying before choosing not to after joining and consulting Stockopedia, I back dated it to the start date of my own share portfolio and the results are startling;

+My own account has gained 20% over the FTSE all share over it's lifetime,

+My comparison account (Let's call it "Bullets I have dodged") has lost 15% against the all share benchmark,

+Finally, I also run a folio of shares I have sold- just to reassure/ torture myself over whether or not I made the right call. This is running 18% below the all share benchmark.

So the difference in gained equity value between what I invested in because of Stockopedia research and what I'd have brought based on my own limited insight is 35%, while the difference between my holdings held and those I sold after joining is 38%.

Stockopedia First Impressions

Unlock the rest of this article with a 14 day trial

About the Author

UserMaxM1574974

3 comments

Unlock the metrics for all these stocks and more...

Unlock the metrics for all these stocks and more...