Stormchaser Technologies offers an automated trading system that uses algorithms to make day trades. The user loads in a select basket of stocks, and the software determines what trades to make. If the user wishes, there’s an automation features that takes complete control of the trading process. Robin Abraham, the CEO, calls it the “black box” technique in which the software does everything. There’s also the “grey box” mode in which the software offers trading advice, but the user determines what trades to make and enters them manually.
Robin spent several years consulting for IBM and even dabbled in real estate for awhile. He found dissatisfaction with trading systems because they couldn’t be automated nor could you use different platforms. He started in 2000 and came out with the first version that was a simple trading system. Over time he grew the tool into an automated trading system.
His philosophy on trading is that everyone has their own philosophy and that’s what makes a market – everyone has their own view. He wants to cater to those with unique ideas about trading. His trading system pulls from several different philosophies on money management, trading schemes, and portfolio management.
Robin indicated that one advantage of automated trading is that it forces discipline on taking exits and stops. The emotion factor in manual trading sometimes overtakes one’s better judgment. Automated trading helps with that. His other philosophy is the user should be able to develop once and implement many times. So the user could develop a trading strategy and then implement it on numerous platforms without the cost of redevelopment.
Stormchaser is targeted at the active trader with special tools for the swing trader. You can go to the Stormchaser web site to download a seven day free trial.
For next steps, Robin is developing new trading systems that leverage 3rd party developers into the process such as the Aurora and STXtreme systems.
Best regards,
Hall T.
Robin spent several years consulting for IBM and even dabbled in real estate for awhile. He found dissatisfaction with trading systems because they couldn’t be automated nor could you use different platforms. He started in 2000 and came out with the first version that was a simple trading system. Over time he grew the tool into an automated trading system.
His philosophy on trading is that everyone has their own philosophy and that’s what makes a market – everyone has their own view. He wants to cater to those with unique ideas about trading. His trading system pulls from several different philosophies on money management, trading schemes, and portfolio management.
Robin indicated that one advantage of automated trading is that it forces discipline on taking exits and stops. The emotion factor in manual trading sometimes overtakes one’s better judgment. Automated trading helps with that. His other philosophy is the user should be able to develop once and implement many times. So the user could develop a trading strategy and then implement it on numerous platforms without the cost of redevelopment.
Stormchaser is targeted at the active trader with special tools for the swing trader. You can go to the Stormchaser web site to download a seven day free trial.
For next steps, Robin is developing new trading systems that leverage 3rd party developers into the process such as the Aurora and STXtreme systems.
Best regards,
Hall T.
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