Grey Matter, LLC has defined a new category of trading platform with the release of Trade Unafraid. The product is a digital trading assistant that requires no programming. https://tradeunafraid.com
Johns Creek, United States - July 20, 2021 /PressCable/ —
Earlier today, Grey Matter, LLC announced the release of Trade Unafraid – it’s new stock and option trading platform, which has been in development since 2017. The main aim of Trade Unafraid is to give traders the ability to create precise Trade Plans including setups, filters, and entry and exit tactics. Trade Unafraid then executes these Trade Plans concurrently, precisely, with robotic speed, without emotion or hesitation, all without programming.
Lee Grey, Founder & Chief Architect at Grey Matter, LLC, says: “We wanted to try something new with Trade Unafraid. Anyone familiar with stock and option trading tools will probably have noticed how other trading platforms confine the trader to simplistic order types without the benefit of logic or dynamic updates. Trailing stops and OCO brackets are where these products stop. Trade Unafraid allows multiple ‘conflicting’ orders to co-exist in a way that other trading platforms will not accept, which presents a problem for the trader. Such static, restrictive order limitations put the trader at a disadvantage. Changing market conditions are difficult to react to manually. Moves in the trader’s favor can be missed, because of the number of clicks necessary to take a profit quickly. Taking partial profits can require complex manual interactions that are multi-step processes with conventional trading software. These trading platforms are not designed for automation, agility, or speed.”
As a welcome breath of fresh air, Trade Unafraid gives new traders built-in discipline and lightning reflexes by following an explicit Trade Plan. It allows experienced traders to capitalize on multiple opportunities thanks to its ability to monitor dozens of charts and setups at the same time. In cooperation with the automation, Trade Unafraid provides powerful manual controls which give the trader the ability to intervene in the Trade Plan while still keeping the overall Trade Plan automated. The Trade Plan adjusts and adapts to the manual moves made by the trader. Trade Unafraid was born out of years of frustration trading under the limitations built into the trading industry’s standard tools. Such trading tools are designed to accommodate the capabilities of the exchanges and the orders it accepts. Grey Matter recognized that software is far more capable than what these orders allow. By leveraging the power of Trade Unafraid, the trader can break free of these restrictions and create a Trade Plan that makes sense beyond the limited vocabulary of “market,” “limit,” and “stop.” Trade Unafraid makes it easy to trail a dynamic stop based on candle lows, automatically move a stop to break even, automatically place multiple “take profit” orders, detect reversals before a winning position turns into a loser, stop out of an option trade based on movement of stock price, and so much more.
Lee Grey also said “Trade Unafraid is intended to level the playing field and give our users an edge. A huge percentage of retail traders fail. These traders are competing with algorithmic trading software and huge institutions; they face a very difficult challenge against their speed, market visibility, and vast trading capital. ‘Hopium’ and poor trade management, often associated with emotional trading decisions, are responsible for so many traders’ losses. Trade Unafraid helps traders to follow a plan, cut their losses quickly, and let their winners run in a mechanical and objective way. With Trade Unafraid, they have a fresh new possibility. We want them to feel that using Trade Unafraid is a very different experience from typical trading software. Gone are the sweaty palms, unblinkingly watching the chart, holding their breath hoping for price to move their way. Their Trade Plans are defined before the trade is entered, and they can play out without any action from the trader. More setups can be taken, losses can be small and fast, and winning trades can be automatically protected and allowed to run. Gone are the stress and decision fatigue of manual, discretionary trading. With Trade Unafraid’s automation, the number of trades taken can be increased, only the good ones kept, and the Law of Large Numbers can be allowed to play out without the emotions of fear and greed getting in the way of smart, objective trading.”
Grey Matter, LLC has been in business in one form or another since 1999. Trade Unafraid has been available to the public since May, 2021. Since day one, Grey Matter has always aimed to create innovative products for traders, unrestricted by conventional thinking.
Prior to Trade Unafraid, Grey Matter created an innovative options trading product called Option Insight, which was downloaded by over ten thousand users. After that, they worked on multiple automated trading systems on futures, options on futures, and forex. None of those products were publicly available, but they have been working on algorithmic trading systems for over a decade. When Grey first tried to launch Option Insight as a commercial product, he asked his enthusiastic users to kick-start him by pre-purchasing a commercial version of the product. He received about $10,000 in checks, but that was not enough to get the project launched. For that reason, he never cashed those checks. Integrity is a cornerstone of Grey Matter’s principles..
Trade Unafraid is available now at https://tradeunafraid.com. To find out more, visit https://tradeunafraid.com/product. Additional content available at Trade Unafraid – YouTube and Trade Unafraid blogspot.
Contact Info:
Name: Lee Grey
Email: Send Email
Organization: Grey Matter, LLC
Address: 6365 Barwick Lane, Johns Creek, GA 30097, United States
Phone: +1-770-841-3535
Website: https://tradeunafraid.com
Source: PressCable
Release ID: 89033158
