Bear Trading introduces Traders Angel

Discussion in 'Automated Trading' started by BearTrading, Jun 18, 2010.

  1. BearTrading

    BearTrading ET Sponsor

    Bear Trading very excited to publicly demonstrate for the first time our proprietary gray box tool Traders Angel at our open house. TA has been in development for almost a year now by our most senior traders.

    For those that were not able to attend yesterday, this sophisticated mechanism runs transparently and automatically to our manual trading platform (Laser) and applies trader-designated algorithms to automate exit strategies by any number of criteria on multiple positions. The application effectively applies ongoing, objective analysis to a stock's position and can optimize returns across a wide variety of scenarios.

    In brief, it helps take some of the emotions out of the trade because the exit rules are clearly predefined according to several factors such as a stocks price, volume, volatility, position size, and several others.

    For more info, please feel feel free to PM me.