In this post we finally get to my favorite stock screener of all time. Kapitall is the most explicit about the connection between video games and investing. It's blatant motto is "Investing for the Rest of Us." There is an in-game reward system built around Koins, which allow you to purchase virtual portfolios and various "boosts" for your trading performance. You can level up, which earns you more Koins, and so forth. The setup is very intuitive and gamer-friendly.
Which brings me to that stock screener. The stock screener is extremely intuitive. You simply open it up and begin manipulating sliding bars. There are technical indicators (rolling averages, highs, lows) that are not confusingly labeled (a Bollinger bond is what, precisely?). There are also valuation and fundamental indicators such as PoP, P/E, book value per share, etc. Each one is accompanied by a simple explanation is layman's terms, but without an attempt at influencing a trading decision. If a stock makes it through your screen (I am a fundamentals investor, so I set up at a minimum a P/E screen, a book value per share, a dividend yield, an earnings growth screen, and a price screen), you simply send it to your "playground," from which you can put it in a practice portfolio or enter it in a monthly contest.
I have not used Kapitall for living trading, so I do not know if there are any issues on that end. The intuitive ease of the screener, however, combined with the simple layout makes Kapitall a lot of fun to work with. If I wasn't getting a fantastic rate from my broker (USAA, thanks to a military family), I would probably use Kapitall as my primary broker. If you are a particularly arcane trader and like obscure technical indicators, this is probably not your thing. Since day trading, at least, is historically not profitable for the average person, I would recommend dropping day trading and most forms of technical analysis before dropping Kapitall's fantastic screener. But, as they say, history will bear out if I am right.
Which brings me to that stock screener. The stock screener is extremely intuitive. You simply open it up and begin manipulating sliding bars. There are technical indicators (rolling averages, highs, lows) that are not confusingly labeled (a Bollinger bond is what, precisely?). There are also valuation and fundamental indicators such as PoP, P/E, book value per share, etc. Each one is accompanied by a simple explanation is layman's terms, but without an attempt at influencing a trading decision. If a stock makes it through your screen (I am a fundamentals investor, so I set up at a minimum a P/E screen, a book value per share, a dividend yield, an earnings growth screen, and a price screen), you simply send it to your "playground," from which you can put it in a practice portfolio or enter it in a monthly contest.
I have not used Kapitall for living trading, so I do not know if there are any issues on that end. The intuitive ease of the screener, however, combined with the simple layout makes Kapitall a lot of fun to work with. If I wasn't getting a fantastic rate from my broker (USAA, thanks to a military family), I would probably use Kapitall as my primary broker. If you are a particularly arcane trader and like obscure technical indicators, this is probably not your thing. Since day trading, at least, is historically not profitable for the average person, I would recommend dropping day trading and most forms of technical analysis before dropping Kapitall's fantastic screener. But, as they say, history will bear out if I am right.
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