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BUSINESS

Profitable stock trading system a YouTube hit

Wednesday 26 October 2011, 4:35PM
By www.mybusinessmentor.co.nz
172 views


A proprietary stock trading system developed by a New Zealand company has become one of the most popular You Tube Stock Trading videos with over 41,000 views. The software was developed by Traders eBooks and is sold to stock traders worldwide through their website www.tradersebooks.com . The video is on the front page of a YouTube search for the term “Stock Trading Systems”.

As Managing Director Terry Fullerton says “To achieve such a high number of hits and to be listed on the front page for such a frequently used search term is quite remarkable and shows the high level of interest that our trading software has attracted. The cost of paying for this number of hits on Google for such a popular search term would be astronomical.

Our decision to develop the software was a classic case of necessity being the mother of invention, and arose because of the difficulty we had in finding a system that was simple to use and consistently produced excellent returns. As can be seen from the examples on our website www.tradersebooks.com the “Advanced Stock Trading System (ASTS)” has proved to be very effective. In testing it has produced returns in excess of 30% per annum on major stock markets over the past 10 years.

One of the major attractions of our ebooks is that they come complete with the program codes required to make it easy for traders to add to their trading analysis software. We started by using the Amibroker program and we have now also produced versions of the eBook with the codes for people using Metastock and Tradestation.

The Advanced Stock Trading System uses advanced technical analysis techniques to deliver a complete trading system that is simple to operate.

The basic approach used is to buy significantly rising stocks on a pull-back from the main upward trend and hold for as long as the price continues to rise. While the basic principle is simple, we employ propriety indicators that give excellent results and utilize relative strength considerations that take this system beyond the conventional application of price and volume.”

The software will work on any market and examples are given in the book from the ASX200, the NASDAQ100 and the S&P500. The system is best traded through on-line or discount stock brokers such as Goldman Sachs, Charles Schwab, Interactive Brokers, MF Global, E*Trade, Fidelity, Scottrade, Tradestation, Commonweath Securities, Tricom, ASB Securities or Direct Broking depending on your location.

The popularity of the video on YouTube is another example of the power of the internet and social media sites to raise awareness of a product on a global scale.