KNOW THIS FIRST- Wizard Trading AI, LLC
Please read this before following
1)WE DON'T WANT YOUR MONEY, JUST YOUR EARS. We appreciate the numerous emails/dms we have received requesting for us to invest for you. We are sorry, but that is illegal. We plan to fully automate this system soon and the ultimate plan is to allow investment at a later date. We are not financial advisors. Financial advisors advise you to make 8%-10% a year and compound. We attempt to compound daily.
2)If you do not know what a stop loss is, you really should not follow us until you have mastered the art of trading with stop-losses. https://www.investopedia.com/ask/answers/030915/how-do-i-determine-where-set-my-stop-loss.asp#:~:text=1%20These%20orders%20help%20minimize,stop%2Dloss%20order%20for%20%2422.50.
3)No one can predict what the market will do tomorrow. If you do not know how to use stop loss orders properly, you will not succeed with this system. We recommend to "paper trade," using no real money, for at least 2 months, before following our system with real money. This system is about knowledge and discipline, not ego and pride. Follow us and learn at @wizardtradingai
WHY ARE WE DOING THIS PROJECT?
Very few can beat the market. This project is a challenge for our team. Man- beating the market is one of the ultimate challenge in this world. The market is like a river. When one jumps in, he better have a system that works in order to avoid the rocks and and challenges along his journey. We feel that AI combined with human knowledge/experience is the path forward in the financial industry. We also feel strongly that if we prosper then we should give back to a good cause. As soon as we become profitable, we agree to give 10% of our future proceeds from this website to a charity of our followers' choice(we will hold a vote on X for our followers to decide the charity). This pledge will remain whether we have 1 or 1 million followers.
Coming Soon- Live Trading
We plan to launch a live trading and a market analysis stream in early February, 2024. Our system combines AI Stock and Options Trade Ideas from "Meinert" (our AI trading system)combined with human oversight from traders with over 80 years of experience, before posting a trade idea. We use X to post our trade ideas(https://help.twitter.com/en/using-x/create-x-account). X is a necessary part of our system as "fintwit" is a wealth of knowledge if you know who to follow. We are not certified financial planners and are not here to promise fake rewards. We have witnessed buy and hold strategies work over time. Yes, compound interest is wonderful. It is the 8th wonder of the world. However, our opinion is that an investor can utilize our options/stocks strategies, with whatever percentage of their portfolio that they feel comfortable, during extremely bullish or bearish periods to maximize their portfolio gains and increase the overall value of their portfolio. During periods of consolidation, "Meinert" recognizes the change in trend and adapts to use different strategies depending on market environment. Do you believe that history repeats itself? If not, DO NOT follow our system. Our database is extensive and "Meinert" is trained to recognize overlays in chart patterns from decades of charts. Next, it decides which investment strategy, based on the investment strategies of the greatest traders of all time. Sometimes, a Buffett type strategy might work. Other times, a Mark Minervini mixed with Qullamaggie(Read Minervi's books and Qullamaggie's website) type strategy can produce superperformance results.
We've been buy and hold investors for numerous years and it has worked. Our experience and backtested research tells us that if we had used Wizard Trading AI's systym, along with a buy and hold strategy, then our portfolios would have increased by an amount of 39.24%-42.84%/annually instead of the approximate 16-18% a year we averaged in our past( paying manager's their 2/20 split so they can entertain clients and not work). This system is our
passion and we will work our hardest to make sure that we provide well-reasoned trade ideas.
Example Strategy
Please do not worry if this strategy is complicated. The eventual plan is to automate the entire process for a Wizard Trading AI, LLC member. One strategy we employ is called the "reverse roll." Pretend that "Meinert" issues a long term signal and the trading team likes $NVDA long term(Truth-we bought $NVDA at ~$61.00/share on March 23, 2020 and have not sold a share in one of our conservative portfolios)For example, the Trade Alert might state "BUY NVDA Jan 2025 call/s $600 strike at no higher than $99/contract- reverse roll planned-stop loss at $96." This statement means that a follower could buy that specific call under $99 with a buy and hold mentality, with a stop loss set at $96. If NVDA goes up, then the follower would get the benefit of the option leverage(long dated calls move at a slower pace than shorter dated calls) Example= ITM(in the money), year- long dated calls move at or above twice the percentage value of the stock price movement. Then pretend, in March of 2024, "Meinert" gets a volume spike/breakout alert on NVDA. A trade idea would be given on that volume/breakout date that states, "Breakout alert- Reverse Roll NVDA JAN 2025 $600 call/s to NVDA March 15, 2024 $640 call/s." The reasoning behind this move is to take advantage of breakouts and leverage. For example, look at the picture on the top of this page from 1/26/2024. We "reverse rolled" our long dated calls when "Meinert" alerted us at the NVDA $506- $507 breakout point back on January 6, 2024. Notice how the shorter dated calls increase the power of the returns. If NVDA had retreated to nothing/$0 after placing the trade, the most the trade idea could lose is 3.2% due to the stop-loss. In this system, you will take "papercut losses." The key is to always use risk management to avoid big losses. Every trade idea will be clearly listed with instructions. We are in Beta/Backtesting stage right now, but we hope to come out with AI automated trading in Mid- Late 2024. We also plan to create a non-profit educational institution to teach this system to individuals that want want to learn.
2-13-24-MAI & Human Good Results/CPI Day
We post Wizard Trading AI, LLC's AI stock and options trade ideas on "X" for free@wizardtradingai. Our team has worked tirelessly for over two years to perfect and backtest this Artificial Intelligence based trading system. This system incorporates the philosophies of legendary super-performer stock and option's traders and classifies that data, along with current market conditions and history, to attempt to beat the market through historical perspective. We don't want your money, just your ears.