FAQ

"A wise man can learn more from a foolish question than a fool can learn from a wise answer."— Bruce Lee

How does it work?

Our proprietary algorithms search through realtime stock data and returns a list of stocks that match one or more our selected criterias - called filters.

Our filters have been developed in conjunction with "every day" traders to ensure you get the data you need, displayed in a format that is relevant, and quick and easy to assess.


Is this like a black box?

No.

A black box will typically make specific recommendations like "buy ABC" or "sell XYZ". 

DayTrade Scans does not make specific stock recommendations. Instead we point you to interesting market events, so you can examine these and decide for yourself what to do. Using DayTrade Scans is like having a room full of assistants watching the market for you.


Will this make me money?

We Hope this will help!

We do not offer trading advice or a buy or sell recommendations.

DayTrade Scans does not take into account the investment objectives, financial situation and particular needs of any person.

Before making an investment decision, the investor or prospective investor needs to consider, with or without the assistance of a securities adviser, whether the information is appropriate in light of the particular investment needs, objectives and financial circumstances of the investor or prospective investor.


How often are the scans updated?

Subscribers have the ability to set their own refresh times in 30 second increments.


When can I access the premarket scans?

The premarket period lasts from 7:00 AM until 10:00 AM Australian Eastern Standard Time, during that time you will have access to the premarket scans.


Can I print or save the scans?

Subscribers can print the scans at any time by simply right clicking the mouse button while over the scan and selecting print.

The scans are optimised for print capability.

Currently you are not able to save the scans.


How do I become a member?

Our service can be accessed by purchasing a subscription after creating an account. Once you  have chosen subscription plan you wish to purchase you will be redirected to Paypal. As we are concerned about the safety of your sensitive data, such as credit card numbers, we currently accept only Paypal payments.


What is your refund policy?

DayTrade Scans has a very fair refund and cancellation policy. Naturally, if you immediately regret your purchase you can get a complete refund. If you decide to cancel after you've been using the service for a while, the amount of the refund depends on the subscription/purchase type and time of use.

You can read the Billing and Refund Policy here.


Why did you choose PayPal as a payment method?

This was one of our more critical decisions. Ultimately we decided on PayPal as a payment solution for security. When you buy something online you have to give the vendor your credit card number. Because DayTrade Scans uses PayPal, we do not have possession of your credit card information. This simply means that one less vendor has your credit card information. Additionally, once you create a PayPal account you can use it for many other things. Over 20 million users use PayPal daily making it a proven reliable platform for Internet ecommerce.


How do I sign up, pay, cancel, etc.?

Create new account

To create a new account please sign up here.

Once you have signed up, you will be able to choose your appropriate subscription

Pay for existing account

If you were previously a subscriber, you will need to create a new account on our new platform and create a new subscription. If you accidentally cancel please email us to try resolve it without having to issue a new subscription. If you don't want to wait, then you can simply purchase a new subscription from the subscriptions page.

If PayPal cancels your account then you need to start by going to PayPal to fix the problem. Start at https://www.paypal.com. If you select "My Account" then "Profile" you will see an option to update your credit card information. After you fix the problem you can use the link above to reactivate your account.

Cancel your account:

Cancelling your subscription is easy. 

  1. Login in to your account
  2. Click the Account menu item
  3. Click Subscriptions from the drop down list
  4. Click end on the subscription you would like to cancel.
  5. Your subscription will cancel immediately after you select yes from the confirmation.
  6. We will be sad to see you go, so please leave us feedback if it's something we can fix.

How do I log in?

When you first create an account, you will have to confirm your email address for security purposes. Once you have confirmed you will then be able to log in to our web-based product at scanner.daytradescans.com. By default, your username and password are automatically stored on your computer. For security purposes we log out your account for inactivity after 90 minutes where you will have to sign in again.


What do the column headers mean?

News: Indicates if the market has received a notice from the company.

Code: ASX Stock code of the company.

Last: Last traded price for the company stock.

Open: The opening pricing of the stock for the current trading day.

P.Close: The closing price of the stock for the previous trading day.

Trades: Total number of trades in the company stock today.

P.Trades: Total number of trades in the company stock during the last trading day.

Volume: The total number of shares traded during the current trading day

Prev Vol %: Today's volume of shares traded expressed as a percent of the last traded days volume.

Buy / Sell: A graphical indicator of the number of shares being asked for in the buy stack (green) versus the number of shares available in the sell stack (red).

Op Est: On the Pre Market Scans - This is the price the company stock is estimated to open today.

Gap %: On the Pre Market Scans - This is the expected gap up on open expressed as a percent of the stock price.


Can I customise my scans?

Subscribers have the option of sending us ideas for their own scans which we will submit to the development team for analysis. If a new scan idea is implemented by us, it will become available to all premium subscribers.


Where can I send feedback?

Please email us with your feedback here: info@daytradescans.com