The application was developed in 2014 by a team of professionals, including successful traders, statistics and machine learning experts. BetterTrader is tailored to the needs of day traders with ongoing market testing.
A professional day trader’s foremost concern is timing. The decision to buy or sell a security must be made within minutes or even seconds. This decision is based on a multitude of macro environmental information, which the trader has to cognitively process, and swiftly decide: buy/sell. This puts day trading among the jobs with the highest stress levels in the world.
What BetterTrader offers and how their offer will revolutionize professional and retail day trading:
BetterTrader is an application that analyses and interprets macro economic data (also called the economic calendar) of influential events to determine the gravity of macro events and to output statistically back-tested trade ideas the trader can act upon.
Magnitude: Each release is rated on a scale from ‘a bit stronger’ to ‘extremely stronger’ 0%-100% (negative / positive)
Insights: Get perspective. Eg: “This release is the most positive surprise in the last 3 years”.
BackTester: Understand the short term potential market reaction which is analyzed based on historical market data from similar situations.
Trading ideas: Based on statistics of the market’s previous reactions.
Be prepared before economic events are released: By gathering and analyzing data with artificial intelligence unique to BetterTrader.
Real-time analysis: React faster after the release of macroeconomic information (eg: unemployment). BetterTrader analyses and delivers information to you in real-time, allowing a fast and calculated response.
Understand the potential short-term reaction of the market: To economic releases with unique artificial intelligence back-testing technology.
Never miss a release: BetterTrader will notify you before an event.
Trading ideas: Based on statistics of previous market reactions.
In this way, the trader’s main 3 pains are alleviated and profits are maximized.