So, you’re willing to take part in trades? As you are probably aware, picking good stocks is a difficult task. Let’s face it: there are thousands of stocks on the market right now. Picking “success” stocks can be a difficult, daunting, and time-consuming process for both new and experienced investors. Furthermore, you may be selecting stocks based on highly subjective criteria. We all have biases, such as confirmation bias, which causes us to seek out favorable information about what we believe to be true while ignoring contradictory information.
What exactly is a Stock Screener?
Stock screeners are tools that traders and investors use to separate stocks based on user-defined metrics. Stock screeners are available on popular trading platforms and websites for a subscription fee. Stock screeners allow users to select trading instruments that fit a specific profile or set of criteria. Traders and investors, for example, can filter stocks based on market capitalization, price, P/E ratio, 52-week price change percentage, dividend ratio, average five-year return on investment, and average volume, among other criteria.
Overview of Trade Ideas
As you can see, investing and trading are already difficult. The amount of data being thrown at you makes gaining any kind of trading edge impossible. This is why Trade Ideas caters to professional traders, active traders, and hedge funds to manage what appears to be impossible to overcome the amount of data. This technology has accomplished something that no human being can match. What exactly is that, you ask? To monitor every trade of every stock in the market and alert you to profitable activity so you can be the first to act. That’s right – the Trade Ideas scanner software can give you the competitive advantage that means the difference between SUCCESS and FAILURE.
The Following Is How Trade Ideas Work:
- Each day, the software runs thousands of trading scenarios on a computer to determine which market relationships have predictive outcomes.
- The Trade Ideas scanner software identifies what is working in up and down markets and advises you on what to buy, short, and when to exit the transaction.
So, instead of trawling data like an accountant or statistician, you can be the CEO who puts your money to work. Leading online brokerages have certified Trade Ideas technology for their premium trading platforms for over 10 years.
Spotlights of Trade Ideas
Artificial Intelligence (AI)
The A.I.powered Robo-advisement consists of several dozen different investment algorithms that are subjected to over a million trading scenarios overnight to identify a subset with the highest probability of alpha in the next market session.
Produce scans, identify trading opportunities, and develop trading strategies. Automate your strategies and let them run directly through your Interactive Brokers account.
To maximize your advantage, Trade-Ideas Simulated Trading works in tandem with the AI and idea generation tools. There is no replacement. Investors can quickly see what actions result in rewards and where mistakes need to be corrected with proper feedback.
Window for the Odds Maker
Prepare for an ever-changing market. Use the proprietary Event-Based back testing to determine how well scans, entry signals, and trading plans have performed in the past. Allow Trade Ideas to optimize which parameters can be changed to improve trading strategy results even more.
Full Quote Windows
The Trade Ideas full stock quote windows display all fundamental data relevant to a stock’s price, including quick visual indicators that show where the stock is in its range for the last hour, trading week, and 52 weeks.
With Trade Ideas, you can focus on the critical aspects of trading because you will not need to scan the markets yourself every single day. Remember, there are hundreds of trading strategies at your disposal! Each live trade and trade history is completely transparent, trade setups are easy to find, and traders can choose between pre-configured and self-developed trade setups. Not a whiz at computer programming? Not a problem! To work with Trade Ideas, no coding knowledge is required. So, if you want to ensure that there are no more human errors and that you are well-versed in the best trading strategies before the market opens, Trade Ideas is the place to be.