Humans = Endangered Species on Wall Street?

Limited Time Opportunity ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ Hello investor Wall Street used to be a “country club” with 2-hour lunches with martinis. The trading floor was filled with college jocks, with many former investment bank CEOs playing sports in college – Henry Paulson, John Mack, and Alan Schwartz. And the blueprint to riches on Wall Street was simple. Play college sports, sneak your way into a financial job by tapping into the network of alma maters, and schmooze your way to millions of dollars. Those days were simple. But not anymore. The Wall Street Journal wrote a headline that described modern finance perfectly, calling college jocks an “endangered species” on Wall Street. It was an evolutionary thing. Physicality was an asset in Chicago’s trading pits, where you had to tussle with other traders to execute a trade order. - “You saw a lot of big guys” in Chicago’s trading pits, said Bernard McSherry, dean of the New Jersey City University’s business school. “Those were physical jobs. And in an open-outcry market, you could bully your way into a trade.” But what if a college jock asked Bernard McSherry if he/she should pursue a career on the trading floor today? His advice is simple: Don’t. - “The business is changing,” said Mr. Savini. “It’s all going electronic.” Sure enough, Wired wrote that algorithms are taking control of the stock market. A while ago, Dow Jones launched a new service called Lexicon, which sends real-time financial news to professional investors. Nothing special there, right? But there was something unusual about that service. Namely, the biggest number of subscribers of the service is NOT humans. Yep, that’s right… Algorithms are the largest subscribers of Lexicon where lines of codes will crawl through Lexicon to digest the news and turn that information into trading decisions… …in lightning speed. Indeed, Wired said that algorithmic trading has “overtaken the industry.” - “Increasingly, the market's ups and downs are determined not by traders competing to see who has the best information or sharpest business mind but by algorithms feverishly scanning for faint signals of potential profit,” wrote Wired. For example, a trading company called Voleon leverages algorithms to trade for the firm. What’s remarkable is that founders said they don’t even know how their bots reach their conclusions when making trading decisions. - "What we say is 'Here's a bunch of data. Extract the signal from the noise,'" said CEO Michael Kharitonov. "We don't know what that signal is going to be like." In fact, Kharitonov said their bots aren’t even competing with humans. Why? They move way too fast. And their decisions are too complicated for humans to comprehend. - "We're not competing with humans, because when you're trading thousands of stocks simultaneously, trying to capture very, very small changes, the human brain is just not good at that. - “We're playing on a different field, trying to exploit effects that are too complex for the human brain. They require you to look at hundreds of thousands of things simultaneously and to be trading a little bit of each stock. Humans just can't do that." Hedge funds are fully aware of that, and they are building their own algorithms to generate alpha returns. But good luck for retail investors to compete in the Stock Market 2.0. Not only they lack background knowledge and skills to develop their own algorithms, but they also have no idea that they are actually competing against “market robots.” No wonder why most retail investors lose in the market. TradeAlgo is stepping up with a mission to put high-tech “market robots” in retail investors’ pockets… and… make it so simple for them to use every day. What’s more… Our platform will be built by a world-class team of engineers and scientists that graduated from prestigious universities like the Massachusetts Institute of Technology. We believe this has a potential of transforming the way retail investors trade forever. So, we are inviting you to become an investor of TradeAlgo during our private round reserved for accredited investors. It may be your only chance to own shares in a top startup while it’s extremely early in the AI Supercycle. Click the button below to reserve a time with our team: Jon Stone CEO [TAKE ADVANTAGE OF THIS EXCLUSIVE OFFER]( No longer want to receive these emails? [Unsubscribe](. Trader Algo 401 Park Ave S New York, NY 10016, NY 10016