Below we have provided answers to questions we have received from various traders, associates, and prospective users through social media, email, and offline. Click here to send us your questions today.
Will your algorithms be available à la carte?
Yes, they will be available on a per-order basis.
Are your algorithms designed to be automated?
No, our design goal is oriented around being a “cockpit” for our traders to use as a probability indicator. As with any other trading tool, they are designed to provide an “edge” to human-triggered trades.
Will your algorithms integrate traditional chart indicators?
Yes, the algorithms which are currently in development stages are math-based only. Integration of traditional indicators and geo-based “Big Data” tools will become available as they are developed.
Do you expect to continue with a long-term win rate of 90% or greater?
With swing trading, no. Our estimated swing win rate is 60-90% with Oil $WTI. Algorithm development for oil is much more complex than other commodities, so development on our other offerings are likelier to outperform our oil algorithm.
For intraday trading, we expect 90% or greater.
Will your traders have accessible, transparent P&L ledgers available to view?
Yes, all trade P&L ledgers will be transparent and accessible for review. This will include cash trades, as well as algorithm simulator/test paper trades.
I have attended three sessions so far, and wondering if there are specific $WTI trades, as most of trades I have no background about, and none of them appear my broker list.
Until the election, oil won’t do much. $WTI itself is not trade-able right now, and we are waiting for the election results to come in. Refer to @EPICtheAlgo for new time/price cycles.
Will each of the different algorithm subscriptions have their own rooms and moderators?
They will each have their own daily pre- and post-market report. The charting associated with each algorithm will only be available to subscribers. For now, they will all be presented in the same room.
As we continue to roll out algorithmic charting during early release, the use of these subscriptions will become more clear during our live broadcasts.
Regarding your thesis of turning $10,000 into 1M in 26 months… do you know of anyone who has actually done that?
No, it’s my goal for retirement. Part of our mandate during the startup phase will be to get my trades verified through a third-party verification source for full transparency. So, in short, we will see if I actually get there. And of course, the compound trading discipline is one many aspire to in the business if you do some web searches. I’m simply sharing my journey here.