Stock Trader (ms) app for iPhone and iPad
Developer: missingSTEP
First release : 28 Jun 2014
App size: 7.71 Mb
#1 App for Day & Swing Traders
Stock Trader provides real-time trading signals for selected S&P500 stocks based on a complex mathematical model.
-----------------------------------------------
FEATURES
-----------------------------------------------
- Real-time trading signals **
- Streaming real-time quotes
- Real-time P/L calculation
- Real-time charts with customizable technical indicators **
- Auto drawn Fibonacci Retracement lines **
- Fibonacci indicator **
- Macroeconomic news
- Market direction forecast
- Futures and market indices
- Watchlist that auto syncs with other devices
- Discussion pages
- Price alerts
** Free daily access with limited duration (can be extended via in-app purchase)
-----------------------------------------------
HOW DOES IT WORK?
-----------------------------------------------
Volatility of a stock is composed of firm-specific risk, plus market risk. In equity markets, the market risk or the systematic risk dominates short term trading patterns of most equities. EMI Ltd has developed a trading strategy to exploit this characteristic. Also described as “mean reversion”, this strategy examines historical data of selected S&P500 stocks and constructs correlation/dispersion and volatility maps. The model continuously checks real-time prices and compares them to these maps by using various algorithms. If the price of a stock falls below its character map, it generates a buy signal. If on the other hand the price goes above its character map, the tool generates a sell signal. As these anomalies occur, short term (typically 5-7 days) trading and significant profit opportunities arise.
-----------------------------------------------
WHO CAN USE STOCK TRADER?
-----------------------------------------------
Since Stock Trader identifies short-term investment opportunities and price patterns, this tool is ideal for investors who check their portfolios at minimum on a daily basis and frequent traders with holding periods ranging from 3 to 7 days. However, investors with much longer holding periods (up to 2-3 months) and even day-traders following intraday swings and/or momentum can easily use Stock Trader to discover profitable ideas.
Latest reviews of Stock Trader (ms) app for iPhone and iPad
5 star
So, I was looking for a core stock to just hold on to for awhile. Saw one come up in this app as a strong buy and knowing the company I bought a few shares to hold as a long position. Approximately a month and a half later I sold those shares for a 63% return. Holy crap! Not saying they will all end up like that but the app worked for me and all I did was pick one based on this app saying a strong buy. Have fun and play around with this app but remember to do your due diligence. In my case I was already very familiar with the company whose symbol came up as a strong buy so I had no problem going in for the trade.