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Quick Start Instructions

The Quick Start Instructions below will get you up and running on ExitPoint® immediately.  However, the best way to discover all that ExitPoint® has to offer is to simply point and click your way around the screen. As you do, you'll discover many more useful tools and nuggets of investment information throughout the website. If you want to return to these instructions at any time, simply click on the "Quick Start" tab from within ExitPoint® or the Quick Start link at the top of this blog page. Also, for helpful visual examples of ExitPoint's capabilities, be sure to check out our Screenshots.


The Basics

1.   After you login, you’ll be taken to the “My Portfolio” page. To get started, first set up all your accounts by clicking on the “Add an Account” button.

Click on Account Button

2.   Next, assign an Account Name and select the type of Account (e.g., investment, retirement, trust, client, etc.) from the list of choices. You can add as few or as many accounts as you desire at that time. (You can always add more Accounts later). When you’re done, click on the red “Save and Return” button.

Add an Account

3.   Your new accounts are now all displayed “My Accounts” page. Now your ready to add your investment positions to your new accounts. To do so, select the row of the account you are populating and click on the “Add Position” button in the Action column at right.

Add Positions



4.    On the "Add A Position" page, enter the stock, mutual fund, or ETF symbol and press the "ENTER" key. You'll immediately see the screen fill up with relevant information about the security you are adding. If you want to change the Account to which the position is being added, select the desired Account from the Account drop-down list.

Add Positions Entry Box

You can also always add positions straight from the "My Portfolio" page by clicking on the blue "Add a Position" button. In that case, be sure to select the Account you are adding the new position to from the Account drop-down list as shown above.

5.    All that's left to do is to add your cost information in the "Specify Cost Information" box, and choose your "ExitPoint Strategy", either by selecting from the drop-down list or accepting the default strategy.

Note how in entering cost information, ExitPoint® gives you a choice of entry methods, depending on whether you know cost per share or total cost price. (For entering mutual fund purchases, this is particularly handy.) If you want to add any notes about your purchase, simply type them in the "Record Your Notes" section of the page.

When entering multiple positions at once, checking the "Remember Last Entry" checkbox will repeat share quantity, commission (if any) and date position opened. A separate "Remember Last Entry" checkbox allows you to repeat your last ExitPoint strategy setting. You can also check the "Use Current Quote" checkbox, which will automatically add the current quote as your cost per share. This is particularly useful when creating watch lists. By using the "Remember" and "Use Current Quote" checkboxes, you can literally create a 50 position watch list in under a minute.

When you are done adding positions, click on the red "Save and Return" button and you'll see all your added positions displayed on the "My Portfolio" page.

6.    By default, ExitPoint® doesn't group your positions. However, you will see the account name displayed for each entry just to the right of the symbol.

7.    If you have multiple accounts or more than a few positions, a much better way to view your portfolio is to Group By: Account Name, which provides performance information for each account. A simple example is shown below.

8.    You can also "Group By" the following other categories, Account Type (e.g, brokerage account, retirement account, trust account, etc.), Symbol Type (e.g. stock, mutual fund, ETF, option), Position (longs and shorts), Market Cap, Sector, or ExitPoint Strategy. For example, the graphic below displays the same positions grouped by Account Type. When you leave the website, ExitPoint® will remember your last grouping for the next time you return.

9.    The summaries displayed for every grouping are particularly useful in tracking performance by a variety of different metrics. Thus, you can easily see your dollar and percentage gain or loss not only account by account, but also by the various other groupings. In the example below, a larger portfolio grouped by "Sector" displays the performance statistics for every Sector in which at least one position is held. The red arrow points to an "Expand All" button that allows you to expand or collapse the page. You can also expand or collapse individual groupings by clicking on the arrow to the left of each grouping's name.

Performance Summaries when Group by Sector

Finally, the example below shows performance statistics grouped by Market Cap, with the Mega-Cap grouping expanded.

Performance Summaries when Group by Market Cap

10.    If you have a lot of accounts but want to limit those displayed at any one time, click the "Select Accounts" button and check the box of each account you want to display.

11. In the upper right portion of the page, you'll see the Portfolio Summary for all the positions displayed on your screen. If you haven't limited the Accounts displayed, this will represent every position you have entered into ExitPoint®. If you limit the Accounts displayed, as described above, the Portfolio Summary will include positions only from those accounts.

Updated ExitPoint Scorecard

  12.    Note the > button to the right of each position symbol. Clicking on it will open up a menu with an array of choices as shown below.

13.    When you mouse-over a symbol, the name of the position will appear. Clicking on the symbol takes you to the "Position Detail" page, where you will find comprehensive information and hyperlinks to even more information about that position from the top financial websites. No need to find the website and enter the symbol once you get there. ExitPoint® does it for you.

14.    For quick access to market updates, top financial portals and online brokerage websites, mouse-over the links located at the top right side of the page to display their drop-down menus.

15.    Although ExitPoint® is designed to be highly intuitive, you can always get answers to questions that may arise by clicking on the "Get Guidance" button located in the upper right corner of most pages.

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Displaying Your ExitPoints

1.    Click on the “Calculate ExitPoints”button located on the dark blue menu bar.

Calculate ExitPoints

You’ll immediately see your portfolio display the recommended ExitPoints for each position.

2.    If you click on the little clock icon next to each ExitPoint, you’ll see exactly how the number is calculated as well as th date and time it was calculated. A Red Flag means an ExitPoint has been triggered because the current price has fallen below the ExitPoint price. A Green Flag means the position has risen in price enough to move the ExitPoint higher. You can also easily revisit your ExitPoint strategy settings by clicking on the hyperlink in the right most “Strategy Settings” column.

3.    Take note of the "ExitPoint Scorecard" in the Portfolio Summary. This tells you exactly how many positions you hold at a given time in each ExitPoint® strategy. Mousing over an strategy icon will bring up a quick reminder of the name of that strategy. If you are using anything other than the Trialing Stop or Fixed Stop strategies, you will see the ratio between the remaining strategies change as positions move up in value from Stop Loss (SL) to Break Even (BE) to Trailing Profit (TP) and perhaps eventually to Target (TGT) if a target price or percentage gain is set. For more information about each of these strategies, check out their definitions in the ExitPoint Glossary. The total number of New ExitPoints(green flag) and Sell Alerts (red flag) are also displayed directly above the ExitPoint Scorecard.

 

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Using The "Select View" Feature

Users can select from up to two dozen different Portfolio Views (including Options-Specific Views) to display information about their investments in a variety of ways that go well beyond the limited gain and loss information of traditional portfolio managers (including those offered by online brokers). Your ExitPoint® Portfolio Views can display comprehensive performance information measured over time, against different market indexes, and accounting for total return, including dividends. Your Portfolio Views also track a wide variety of company, fundamental and technical information for each position. Click the drop-down menu and select a View to see what information it displays. Your selected View will be preset to display the next time you login.

R

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Using The "Search" Feature

1.    ExitPoint's powerful Search feature lets you apply a virtually unlimited array of filters to hone in on the information you most want to see. You can also save any Search you've created to use it again in the future. Below are a examples of a simple search and a complex search.

Example 1 - Simple Search: Starting from our “Summary View”, click on the “Add Filter(s)” button. Then select the % Gain/Loss criteria and choose >=25. Then click the "Search" button. Your screen will display only those positions that fit the designated criteria (gains equal to or greater than 25%).

Note how the Portfolio Summary in the upper right corner now displays a "filtered" summary for only those positions that satisfy the criteria. In this particular example, 14 of 42 positions meet the test.

Example 2 - Complex Search: In this example, we've built on the simple search above. Now, in addition to showing only positions with a 25% or better gain, we also want to search for positions that have averaged at least 20% gains per year and have beaten the DOW by at least 10% over the last 52 weeks. To add a new search criteria, click on the "Add Filter" button. All the fields for the particular View displayed will be available to select. If the Search you want to add is from another View, simply change to that View first and then select the additional Search filter. In the example below, the first two filters are from the Summary View and the third filter is from the Performance vs. DJIA view.

Note how the filtered "Portfolio Summary now displays only 3 of 42 positions that satisfy the criteria.

2.    There is no limit to the number of Search criteria you can add from the multiple Views available . After you have created a search you want to preserve for future use, click on the "Save Search As" button and give your saved Search a name. You'll thereafter see it on the drop-down list of Saved Searches.

Saving a Search

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Setting Up Your Email Alerts

Checking Out Your History and “What If” Scenarios

Using ExitPoint for Short Sales

Using ExitPoint for Option Purchases and Sales