Frequently Asked Questions
| Investor Questions
| Trader Questions
| | Risk Questions
What is StockHoot?
StockHoot is a one stop shop for traders to connect with active investors and share investment ideas for cheaper fees.
What makes StockHoot different from competitiors?
StockHoot gives full transparency to the investor about trader's investment ideas, it's also helping to keep the trader accountable for their trade ideas by tracking their winners/losers. You have full access to the trader, can contact them throughout the day.
Can I have multiple accounts on StockHoot?
No, we prefer the user to create one account on StockHoot.
Is it really free to become a member?
StockHoot is for one and all, it is free and easy to become a member.
How do I manage my notifications?
Go to My Accounts and click on Email Notifications.
Do you store credit card information?
No. We don't store your credit card information. We use Stripe
secured services for any credit card transactions.
Who is part of the StockHoot Team?
How do I reset my password?
What investment idea recommendations are allowed?
Currently we allow the recommendation of stocks, ETFs and options listed on NYSE, NASDAQ and ASE. In future we are planning to add an future recommendation too.
Can an inverstor also be an trader?
Yes, once the investor is seasoned in the world of investments, he/she can definitely use their new found expertise to start recommending trades and create a following.
Does the investor pay fees for trade ideas?
The investor is not paying StockHoot directly, the investor is paying the trader subscription fee for direct access to their investment ideas.
Does StockHoot charge the investor?
StockHoot does not charge investors.
How can I contact the trader?
Please go to Dashboard > Service > Chat Now.
What does “Did you invest?” mean or do?
It gives you the ability to create a portfolio of trade ideas from various traders on StockHoot and you can track their performance in one place. This also gives our analytics tool the ability to analyze what trade ideas and traders are trending up.
What is “My Portfolio” mean?
It gives you the ability to track ideas from various traders and you can track their performance in one place. Makes it simple to track open and closed positions for all the trade ideas you invested in or have liked.
What is the fee structure for an trader?
We charge credit card transaction fee + StockHoot Fee (10%). The trader will get notifications when investors get charged.
How does trader get large number of followers?
Maintaining a great success rate, respond to investor questions and being transparent with their trade ideas.
Once I have subsribers, how do I get paid?
Once you have a subscription fee of more than $100 you can visit the my account page and follow the steps under the withdrawal section.
How can I add my Twitter, facebook or LinkedIn accounts?
Please go to My Account > Trader Profile > Edit
How does $7 rewards work?
Once you meet , $7 will be credited to your account. You can withdraw from your account once you have accumulated atleast $100.
StockHoot's Risk Policy
Sharp Ratio is what StockHoot uses to calculate risk
Basis is Daily returns of the portfolio
We calculate the average of daily returns
We take the STDEV of daily returns
Sharp Ratio % is Daily Average return/Stdev of daily returns
How is StockHoot categorizing traders?
StockHoot categorizes them into 5 buckets
StockHoot takes the median of the sharp ratio of all traders
Minimum risk-- between low risk and max sharp ratio
Low risk-- avg (highest sharp ratio and the median)
Moderate risk-- median of min & max
High Risk-- avg (lowest sharp ratio and the median)
Extreme risk-- between the high risk and Min sharp ratio