Our team is pleased to announce a high satisfaction rate for many StockHero users who deployed the Market Neutral bot. It has achieved the highest win/loss ratio among other bots in the Marketplace for the month of August. August was a pretty brutal month for stocks, with many down 10% to 30% before embarking on a slight recovery towards the end of the month.
The Market Neutral Bot is baked with a secret sauce devised by our user Peter Heisenberg. As any technical traders can attest, there is a limitless number of combinations that can go into a strategy. Having one that can perform consistently well over market ups and downs is no mean feat. The Market Neutral bot has proven itself to be a formidable stock trading bot.
Other bots in the Bots Marketplace did pretty well too. One notable bot is the Ultra Scalp bot that has garnered an impressive ~80% win/loss ratio, considering it is a bot that trades very actively. Typically, with more active trading, the “noises” inherent in market signals are higher. Hence, for a high frequency bot with a win/loss ratio of 60% to 70% is better than good. But, the Ultra Scalp has done well with a ~80% win/loss ratio!
Explore other stock trading bots in our Bots Marketplace today!
StockHero has enabled many new users to trade the stock market more intelligently! Algorithmic trading does not have to be difficult. With StockHero, anyone can now trade intelligently.