Follow
Follow

MarketXLS How does MarketXLS help with stock research? Try It Now

I am an active trader and a big fan of the stock market. I want to share my thoughts on a great tool today. You might wonder about MarketXLS How does MarketXLS help with stock research? It is a powerful add-in for Microsoft Excel. Many traders use it to get live data. The platform has over 13,500 stocks and 3,100 ETFs. This covers the whole United States market. I use it every single day. A big win.

First of all, I save hours of work. I do not have to copy data by hand. I pull data with more than 1,100 custom formulas. We get access to 15 years of historical data. Plus, the tool works on Windows and Mac computers. It is very fast and safe. You will love it.

  • Get real-time quotes inside your cells instantly.
  • Scan thousands of stocks and options with ease.
  • Build custom models without code or hard scripts.

MarketXLS How does MarketXLS help with stock research?

People ask me this question a lot. MarketXLS How does MarketXLS help with stock research? I tell them it turns Excel into a live terminal. You pull fundamental data with a simple formula. For example, you type a code and get the price. So easy.

However, you must know some basic math first. You apply technical analysis right on your screen. The software gives you more than 120 technical indicators. You do not have to buy the expensive Bloomberg Terminal that costs $24,000 per year. I save so much money.

Therefore, I do much better work now. I build a dashboard in ten minutes. It is a very cool process. You just type your stock symbol. The data fills the sheet fast.

I track my cash flow and debt too. I check the quick ratio and the current ratio. I see the true health of the firm. I do not make blind guesses. It is a safe way to play.

My First Steps With The Platform

At that time, I was very tired of web screeners. I needed a better way to track my shares. I installed the add-in quickly on my laptop. It only took me five minutes to set up. I used the code RYANXLS to get a 20 percent discount. A smart choice.

Gradually, I learned the simple cell formulas. I used the tool to pull the latest stock prices. I just typed the formula for the last price. The cell updated in real time for me. I tracked my portfolio of 15 stocks daily.

Also, I downloaded free user templates online. The platform offers more than 200 pre-built templates for users. I opened a dividend tracker to see my income. It worked like pure magic. I was very happy.

I watched the video guides on their site. They have a massive library of help files. I called their toll free phone number once. The support team gave me a fast answer. Five stars.

How To Compare Top Data Tools And Features

You have many choices for financial data tools. I looked at different tools on the web. I compared them to my new Excel add-in. The test results were very clear.

Similarly, I found that free tools have large limits. Google Sheets delays data by 15 to 20 minutes. On the contrary, my tool streams data live. I get the bid and ask prices instantly. Let us look at a table.

Table 1: Data Tool Comparison

Tool NameReal-Time DataCost Per Year
Free Web ToolsNo$0
BloombergYes$24,000
MarketXLSYes$850 to $2,400

This table shows the clear overall winner. I get 80 percent of the data for 96 percent less cost. Additionally, I do not sign a two-year contract. I pay as I go.

How Technical Indicators Work For Me

I love technical analysis for my daily trades. The software provides great tools for this task. I calculate a Simple Moving Average without hard math. I type a formula for 50 days or 200 days. Very fast.

Though, you must watch the charts closely. I track the Relative Strength Index all the time. A score below 30 means the stock is oversold. I buy shares when I see this signal. Later, I sell them for a nice profit.

On top of that, I spot cool patterns. The system scans 10 years of price history. I find the golden cross easily on my screen. It shows me a strong bull market trend. This helps me trade better.

I see the death cross signal too. This tells me to sell my shares fast. I protect my cash from bad market drops. I feel like a pro trader now. Total control.

Option Trades And Data Prices

Option trades are my favorite part to play. The tool offers a full chain of options. I pull the strike price and expiration date fast. I see the live volume and open interest.

Finally, I calculate the complex math Greeks. The software gives me delta, gamma, theta, vega, and rho. I use these to manage my trade risk. The data provider updates these numbers in real time. Let me share another table.

Table 2: Options Pricing Plans

Plan TypeOptions DataAnnual Price
StandardEnd of day$850
AdvancedLive stream$1,500
BusinessLive stream$2,400

The Advanced plan is the best value. I get real-time options data for $1,500 per year. I track my covered calls and put spreads daily. It is a perfect fit.

I check the implied volatility for my calls. I sell high premium options for extra cash. I make a steady income every single month. It is very fun.

How To Build A Good Portfolio Tracker

A good portfolio tracker is very important. I built mine from scratch in one hour. I track 25 different positions every single day. I see my market value and cost basis.

Additionally, I measure my true market risk. The software calculates my portfolio beta very well. I compare my returns to the S&P 500 index. I make sure my money is safe. A huge relief.

Furthermore, I monitor my sector allocation split. I do not put too much money in one sector. I keep my technology stocks under 20 percent of my total book. I sleep well at night.

I track my cash dividends as well. I see the exact payout ratio for my stocks. I know when the next cash drop comes. I love the extra income.

Why This Tool Beats Web Options

Web tools lock your data on their site. I want full control of my own numbers. My spreadsheets give me this control today. MarketXLS How does MarketXLS help with stock research? It keeps my data safe in my own file. True freedom.

Plus, I use offline mode to read facts. I save my work and review it later. I do not lose my data when I close the web browser. The values stay in my local drive.

Therefore, I highly recommend this approach for all. You build your own models in your own way. You test your ideas with up to 15 years of data. It is the smart way to trade.

I share my sheets with my best friends. They load the sheets and see the live facts. We discuss the market trends all day long. A great team effort.

FAQ’s

What is the main use of the tool?

The tool pulls financial data into your spreadsheet. You get live prices and history facts. It saves you much time.

Can I get option chain data?

Yes, you can. You pull full option chains easily. You get the Greeks and the live prices. It is very good.

How much does it cost?

The cost depends on your plan. The basic plan is $850 per year. The advanced plan is $1,500 per year.

Does it work on Mac computers?

Yes, it works on Mac computers. It works on Windows computers too. You can use it on Google Sheets as well. Very flexible.

Is there a free trial?

There is no free trial to use. However, they offer a 30 day money back guarantee. You can test it safely.

How many formulas do I get?

You get more than 1,100 formulas to use. You use them for stock quotes, options, and technical analysis. A huge list.

Conclusion: MarketXLS How does MarketXLS help with stock research?

In short, I am very glad I found this software. MarketXLS How does MarketXLS help with stock research? It gives me the facts I need. I make smart trades every day. A clear winner.

You should try it soon for your own needs. You will see a big change in your work. You will track your shares with total ease. Your charts will look great.

I hope you liked my true story today. I shared my best tips with you here. Enjoy your trade journey from now on. May you earn high profits.

We covered a lot of ground in this post. You know all about the live data feeds. You know how to build a smart sheet. Thank you for your time.

 

Comments
Join the Discussion and Share Your Opinion
Add a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *