Day Trader, Popular Stocks ($1.8K per position): Short Bias Strategy (TA&FA)

Overview and Suitability: This AI Robot is for traders who prefer to trade popular stocks with good liquidity and low spreads and are focused on taking mostly short positions. This strategy uses a combination of several algorithms to search for upcoming uptrend reversal points, which makes it effective in situations of market instability.

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 $1600 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 $800.

Position and Risk Management: To increase profitability and accuracy of opening and closing trades, the algorithm uses different approaches to long and short positions. After entering the long trade, the robot places a fixed order "Take profit" at the level of 4% and a fixed order "Stop Loss" at the level of 3% of the position opening price. Also, the robot places a flexible trailing stop, which allows the robot to keep most of the profit in case of a market reversal. After entering the long trade, the robot places a fixed orders "Take profit" at the level of 3% and "Stop Loss" at the level of 2% of the position opening price.

This robot is most suitable for active day traders who have enough time to track 50-60 trades at the same time. The average duration of a trade is 1-2 days, 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 determines the entry points to the position. The algorithm pays special attention to the balance of short and long positions, which allows the robot to be resistant to changes in the main market trend.

Ideal for Traders: 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.

Trading Dynamics and Specifications:

• Maximum Open Positions: Medium, allowing for diversified exposure while managing concentration risk.
• Robot Volatility: Medium, offering a balanced approach between capturing significant market movements and mitigating sharp declines.
• Universe Diversification Score: Medium High, indicating a moderate array of instruments to hedge against sector-specific downturns and enhance profit opportunities.
• Profit to Dip Ratio (Profit/Drawdown): Medium, offering a balanced profit vs. drawdown scenario that makes it an ideal intermediates and experts.
• Optimal Market Condition Medium: If the current market volatility is Medium then you should use the Best Robots in Medium Volatility Market (VIX is Medium - this indicator is coming soon).  

Disclaimer: Disclaimers and Limitations 

Simulated Performance: All simulated performance results are derived solely from real-time calculations using historical data. Algorithms receive minute-by-minute historical prices and other data from Morningstar and generate trades in real time based on these historical inputs, effectively eliminating any hindsight bias. 

Actual Performance: All actual performance results are derived solely from real-time calculations using current data. Algorithms receive minute-by-minute current prices and other data from Morningstar and generate trades in real time based on these current inputs, effectively eliminating any hindsight bias. 

Gross Performance: Gross performance results do not deduct any fees or expenses. These results reflect the total returns generated by the AI Robots without considering the costs associated with accessing the service. 

Net Performance (current performance chart): Net performance results deduct fees to provide a more accurate representation of returns experienced by the user. These deductions can include: Model Fee Deduction: Net performance results may deduct a model fee equivalent to the highest subscription fee charged to the intended audience. Actual Subscription Fees: Net performance results may also deduct the actual subscription fees paid by the user for access to AI Robots.