Internet Invest's New Software ''Trading Assistant'' Relies on Advanced Technical Analysis to Improve Stock Trading.Business Editors/High-Tech Writers VIENNA, Austria--(BUSINESS WIRE)--March 23, 2004 Web-Based Investor's Coach, a Five-Year Development Effort, Provides Personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. Trading Information and Advice to Investors Internet Invest LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability (www.investcoach.com), an Internet company that specializes in the financial markets, today announced the introduction of Internet-based Investor's Coach (IC), an elaborate system that relies on a self learning algorithm and other advanced tools to help individuals invest successfully in the stock market. Unlike other investment tools, with the IC-Expert, investors receive personalized trading advice and information, which is customized to their investment level and takes into account their individual risk profile and how much money has been invested. More importantly, IC-Expert produces higher returns than many competitors even though the system deals with stocks only, and trades long -- as most people who trade prefer to do. Internet Invest's "IC-Expert" took more than five years to develop under the aegis aegis (ē`jĭs), in Greek mythology, weapon of Zeus and Athena. It possessed the power to terrify and disperse the enemy or to protect friends. of CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and founder Oliver Prenn, a computer scientist and graduate of the International Federation of Technical Analysts. IC-Expert combines financial mathematics and probability calculus calculus, branch of mathematics that studies continuously changing quantities. The calculus is characterized by the use of infinite processes, involving passage to a limit—the notion of tending toward, or approaching, an ultimate value. to create an "expert-trading assistant" that helps investors build stock portfolios, based on their risk tolerance Risk Tolerance The degree of uncertainty that an investor can handle in regards to a negative change in the value of their portfolio. Notes: An investor's risk tolerance varies according to age, income requirements, financial goals, etc. , and then manage them. IC-Expert uses an innovative stop-loss technique and precise directions on when to buy a specific number of shares of a stock. For example, other tools may indicate that it's a good time to purchase shares of Microsoft given how that particular stock is doing at the time. Investor's Coach will go much further and may recommend this stock based on the investor's total level of investment and the current composition of their portfolio. In addition, it suggests how many shares to buy. Other websites also offer investment guidance, but they are far less comprehensive. For example, finance.yahoo.com and smartmoney.com provide plenty of charts, quotes and research ideas, but the burden of analysis and action rests on the investor himself. Another website, tradestation.com, asks subscribers to sift through scores of different trading strategies In finance, a trading strategy (see also trading system) is a predefined set of rules to apply. Usually, this refers to a means used to replicate an option in order to give it an arbitrage free value in the sense that the cost of buying some financial assets to give the same . Back Testing back testing Using historical data to determine the relationship of specific variables. For example, a researcher might use historical data to determine if changes in the money supply have influenced changes in stock prices. Results Strong IC-Expert, which was back-tested five years to the beginning of 1999, rose more than 100% between then and the end of 2003, compared to roughly a flat return for the S&P 100. By anticipating when investors should invest in the market and when they should sell, IC-Expert beat the index during the late 1990's bull market. More important, it generated a relatively flat performance during the grueling gru·el·ing also gru·el·ling adj. Physically or mentally demanding to the point of exhaustion: a grueling campaign. gru bear market between March 2000 and March 2003. Between the beginnings of 2003 through January 2004, IC-Expert returned 70%, well over double the return of the S&P 500. "Making money in the stock market may seem like it should be easy -- buy stocks when the price is low and sell them when they go up," said Oliver Prenn, founder and CEO of Internet Invest. "Yet determining these two crucial moments is extraordinarily difficult. A combination of technical analysis and intelligent risk, portfolio and money management techniques -- rolled together into one trading system The introduction to this article provides insufficient context for those unfamiliar with the subject matter. Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page. -- can make all the difference in the world." How IC Expert Helps Investors Successfully Manage Risk Because of the idiosyncrasies of every financial market, there are no guarantees in the trading world, Prenn added. What counts is that overall trading is profitable and that the investor stays in the market to compensate with winning trades for an overall profitable result, he said, and back testing shows that it is. The system is buoyed by a "self-learning," genetic algorithm genetic algorithm - (GA) An evolutionary algorithm which generates each individual from some encoded form known as a "chromosome" or "genome". Chromosomes are combined or mutated to breed new individuals. that enables IC-Expert to recognize and continuously adjust to chronically shifting market movements. A system such as IC-Expert is possible only because of significant developments in computer technology in recent years. The foundation of the system is state-of-the-art, super computer-enabled technical analysis, coupled with risk, portfolio and academic money management techniques. The IC-Coach system relies on parallel processing parallel processing, the concurrent or simultaneous execution of two or more parts of a single computer program, at speeds far exceeding those of a conventional computer. , or the combined use of many computers to crunch and analyze data at super computer capability. Data is constantly being analyzed an·a·lyze tr.v. an·a·lyzed, an·a·lyz·ing, an·a·lyz·es 1. To examine methodically by separating into parts and studying their interrelations. 2. Chemistry To make a chemical analysis of. 3. about historical market and individual stock patterns, market and stock transaction volumes, and the duration of myriad cyclical cyclical Of or relating to a variable, such as housing starts, car sales, or the price of a certain stock, that is subject to regular or irregular up-and-down movements. patterns, as well as many other types of technical market analysis. In addition, IC-Coach crunches data on financial mathematics to support portfolio allocation, risk and money management techniques, building on work pioneered by Nobel Prize Nobel Prize, award given for outstanding achievement in physics, chemistry, physiology or medicine, peace, or literature. The awards were established by the will of Alfred Nobel, who left a fund to provide annual prizes in the five areas listed above. winner Harry Markovitz. The Investors' Coach develops this way every day a huge number of possible trading strategies and test their probability to succeed, to use only the most successful one for creating trading recommendations. Registered users can set up multiple portfolios at www.investcoach.com with different risk levels and for different markets. The makeup makeup In the performing arts, material used by actors for cosmetic purposes and to help create the characters they play. Not needed in Greek and Roman theatre because of the use of masks, makeup was used in the religious plays of medieval Europe, in which the angels' faces of their portfolios is guided by a profile they complete to specify their risk profile, the amount of money they want to invest and the markets they prefer. Users do not pick stocks. Instead, IC-Expert determines which stocks should be bought and sold, sending all trading recommendations by e-mail. Users pass the trading recommendations to their brokers or make the trades themselves, and then update their IC-Expert portfolio or portfolios. "There are many tools available to help investors make investment decisions but there are no guarantees," Prenn said. "But with the IC-Expert, we have a proven way to significantly tilt the odds in your favor, especially if we have entered a bull market cycle, and there is little question that we have." About Internet Invest LTD Internet Invest is an Internet company that develops financial and investing services and other tools for private investors. With offices in London, England and Vienna, Internet Invest's Investor's Coach is an innovative, professional-quality "trading assistant" that allows private investors to efficiently and successfully manage their stock portfolios. Investor's Coach provides a unique combination of technical analysis, risk management, money management and portfolio management -- all integrated into one system. |
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