Day Trader ($3.5K per position): High Volatility Stocks for Active Trading (TA&FA)
Description:
This AI Robot is most suitable for active day traders who prefer to trade stocks with high volatility, but do not want to get a strong drawdown during a downtrend. To avoid this, we use a pool of technical indicators focused on finding uptrend reversal points, which allows us to balance short and long positions and prevent long drawdowns.
The robot comes with a basic risk management strategy, which has been developed for a trading balance of $100,000 and a position size of $3500 per trade. However, traders have the flexibility to adjust their trading balance as per their requirements, and as a result, the position size will change proportionally. For instance, if the trading balance is adjusted to $50,000, the position size will automatically adjust to $1750.
This robot is most suitable for active traders who have enough time to track 40-50 trades at the same time. The average duration of a transaction is 1 day, which allows our users to effectively use their capital and not get stuck in a trade for a long time.
To select stocks, the robot uses a new proprietary method developed by our team of quants to assess the strength and quality of the momentum of the most active stocks in the US stock market. Further, a complex algorithm consisting of a pool of technical indicators processed using neural networks determines the entry points to the position.
After entering the trade, the AI Robot places a fixed order "Take profit" at the level of 4% of the position opening price. To exit a position, the robot uses 2 options: a fixed stop loss of 3% of the position opening price and a flexible trailing stop that allows you to save most of the profit if the market reverses.
The robot's trading results are shown without using a margin. For a full trading statistics and equity chart, click on the "show more" button on the robot page. In the tab “Open Trades”, a user can see live how the AI Robot selects equities, enters, and exits in paper trades. In the tab “Closed trades”, a user can review all previous trades made by the AI Robot.
Disclaimer. The presented paper traded results (annualized returns, % wins/loss, and other statistics) are achieved by the application of the backtested and forward tested models. The past backtested and forward tested performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, expressed or implied is made regarding future performance. Forward testing started on 03.14.2023.
Summary (28 days)
Price,$
Price,$
Shares
Time(ET)
Time
$/%
Trades,$(%)