Swing Trader ($3K per position): Medium Volatility Stocks for Active Trading (TA&FA)
Description:
This AI Robot is designed for active traders who prefer to trade stocks with medium volatility while minimizing drawdowns during downtrends. To achieve this, the robot uses a pool of technical indicators focused on identifying uptrend reversal points, balancing short and long positions to prevent long drawdowns.
The robot's basic risk management strategy is designed for a trading balance of $100,000 and a position size of $3,000 per trade. However, traders have the flexibility to adjust their trading balance as per their requirements, with the position size automatically adjusting proportionally. For example, if the trading balance is adjusted to $50,000, the position size will be reduced to $1,500.
The robot's stock selection process uses a new proprietary method developed by our team of quants to assess the strength and quality of momentum of the most active stocks in the US stock market. A complex algorithm consisting of a pool of technical indicators processed using neural networks determines the entry points to the position.
The average duration of a trade is 2 days, allowing users to effectively use their capital and not get stuck in a trade for a long time. The robot is capable of tracking 40-50 trades simultaneously, making it suitable for active traders with enough time to monitor their positions.
After entering a trade, the AI Robot places a fixed "Take profit" order at 4-5% of the position opening price. The robot uses 2 options to exit a position: a fixed stop loss of 3% of the position opening price and a flexible trailing stop that allows users to save most of their profit if the market reverses.
The robot's trading results are shown without using margin. Users can view a complete trading statistics and equity chart by clicking on the "show more" button on the robot page. In the "Open Trades" tab, users can observe the AI Robot's stock selection process, entry points, and exit points in paper trades. In the "Closed Trades" tab, users can review all previous trades made by the AI Robot.
Disclaimer. The presented paper traded results (annualized returns, % wins/loss, and other statistics) are achieved by the application of the backtested and forward tested models. The past backtested and forward tested performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, expressed or implied is made regarding future performance. Forward testing started on 03.14.2023.
Summary (365 days)
Price,$
Price,$
Shares
Time(ET)
Time
$/%
Trades,$(%)