Wednesday, December 02, 2020 8:05:10 PM
Website for StealthPro is as follows: https://www.stealthtrader.com/
The brokers listed below are legitimate, and well-respected. In fact, I use PhillipCapital as my broker for trading the e-mini s&p, and know many other fellow commodity/futures traders who use AMP and GFF. In Canada, Wedbush and RJ O'Brien are widely utilized.
They also have a fairly comprehensive lesson plan for the software on their website. The software seems pretty straightforward to use as a tool in conjunction with a trader's current process / edge. On it's own, I'm sure it can be used as a scalping tool. For position trading, however, it seems like the value in this tool is in the entry signals it provides, of course dependent on market context and location.
https://support.stealthtrader.com/help/money-recipe
Given the price of the software, I imagine it's targeted toward prop and larger retail traders. It may also reflect the confidence they have in the signals to make large sums of money in the right hands.
Re: the signals -- it seems they are tailored to a mean reversion strategy, so I'm wondering how it would perform in a trending intraday market. Again, at the end of the day, it seems that the software should be used as one tool in a trader's toolbox, though can be used to scalp as a standalone tool. Kind of like reading the tape, but much easier to learn.
I'm very excited to see how the global reach of Quantgate's products develops over time and am intrigued by the partnership with 8topuz.
Patience may reward those who wait with this one.
$QGSI
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