ExitPoint is a sophisticated investment trading platform that may very well be the most comprehensive platform available.
The platform also provides certain features and services that are virtually unique in the industry. See how it stacks up to other buy-and-sell platforms out there.
What is ExitPoint?
ExitPoint is a portfolio management platform that started in 2004. Perhaps it’s most unique feature is that they focus on what they describe as “the most difficult aspects of successful investing”, which is determining when to sell. I agree that this is a completely valid claim.
As the site indicates, for many investors selling is nothing short of total guesswork. There are plenty of analysts and websites that will tell you what investments to buy and when, but very few will regularly tell you when it’s time to sell.
ExitPoint helps solve this investment mystery by providing you with tools to ensure you won’t ride stocks down, and give back your gains because of inattention or emotion. That trap is easier to fall into than most investors realize, because there is so much investment clutter, especially today with the Internet.
The ExitPoint platform incorporates a series of portfolio management tools, designed to integrate “proven” wealth building and wealth preservation strategies, in a way that will be easy for investors all levels to understand and implement.
How Does ExitPoint Work?
The ExitPoint platform is built around the My Portfolio page. It provides you, the investor, with a comprehensive, all-in-one investment portfolio manager for all your investment positions.
You can choose up to two dozen different portfolio views that will display information about your investments in different ways that go well beyond simple gain and loss information.
You can also use Portfolio Views which can display comprehensive performance information on each investment based on the following parameters:
- Over a given period of time
- Against different market indexes
- Accounting for total return
- Dividend yields
Portfolio Views can also be used to track a wide variety of company, fundamental and technical information for each position in your portfolio.
Some of the features offered by ExitPoint include:
The exit points are also available for mutual funds, as well as for stocks.
On the My ExitPoints application, Sell Alerts and New ExitPoints are flagged in either red (for Sell Alerts) or green (for New ExitPoints), providing you with rapid identification of these alerts. You can also click on the Calculate ExitPoint button on the My Portfolio page to get this information.
My What-If Scenarios. This this might be the most interesting feature on the platform. The My What-If Scenarios are able to compare investments that you sold — or short positions you closed — with how your investments would have performed had you continued to maintain those positions. It is thought by the creators of the platform that this kind of tool provides a comparison that demonstrates the value of developing a disciplined exit strategy.
This screenshot displays the ‘What If’ difference if you hadn’t sold a stock.
ExitPoint’s Search tool. ExitPoint considers this to be one of it’s most important advantages. The platform’s search capability enables you to quickly and easily construct, and save, an unlimited number of searches. Searches can provide useful information as well as perspectives about performance, fundamentals, and technical indicators that will help you in your investment activities.
For starters, ExitPoint offers a 30-day free trial on the platform. All you need to do is sign up and register on the registration page and you’re in. Up to that point, they do not require any credit card information to be on file in order for you to participate.
During the free trial you will be able to monitor up to 50 positions using any combination of stocks, mutual funds, exchange traded funds, or options. If you want to go beyond the 50 position limit, you can simply subscribe at any time before the free trial ends.
This will provide you with an opportunity to test drive the platform to see if it works for you. It does, you just keep going forward from where you are, but subscribing to the service.
Paid subscriptions to ExitPoint are as follows:
|Subscription Plan||Monthly Cost||Yearly Cost|
|Up to 50 Positions||$10.95||$131.40|
|Up to 100 Positions||$14.95||$179.40|
|Up to 200 Positions||$24.95||$299.40|
|Up to 300 Positions||$34.95||$419.40|
|More than 300 Positions||$49.95||$599.40|
ExitPoint’s Unique Features
What you notice about ExitPoint almost immediately is that, it’s quite clearly one of the most comprehensive investment platforms available. Whether you’re a beginning investor, or a seasoned veteran, there are plenty of tools and features to help you to become better in your investing activities.
But perhaps the most unique feature about ExitPoint is its emphasis on Short Sales. The platform has a stated policy of “taking care of short-sellers”. ExitPoint’s all-in-one investment portfolio manager integrates both long and short positions in a single comprehensive portfolio view.
It also calculates the aggregate gain costs from both long and short positions. And as noted above, the My What-If Scenarios tool enables you to run scenarios for short sales as well as for long positions.
What Would Make ExitPoint Better?
If the service has a negative feature, it’s so comprehensive that it can be a bit overwhelming for novice investors. You would have to work with the platform on a gradual basis, integrating new tools and features as you become comfortable with the basics. But as you do become more familiar, the confusion disadvantage will disappear quickly.
In addition, unlike a lot of online investment platforms, ExitPoint specifically states that it is not a stock selection program. Instead, they provide you with the tools that you need to make those selections, and provide assistance as to when to sell. So you have to look outside of their service for stock-picking advice or investment solutions.
The wealth of information and tools on this platform makes it a logical choice for investors of virtually all experience levels. The platform’s Search Tool enables you to maintain a virtual library of investment research.
Meanwhile, the exit point alerts take the guesswork out of deciding when to sell your investment positions. And if you are active as a short seller, ExitPoint could be the best platform available.