Closing the Gap: Enabling Individual Investors to Trade with the Sophistication of Institutional Investors

CHICAGO, June 12, 2013 /PRNewswire/ -- A new service has launched called Tradespoon, which seeks to close the gap between retail and institutional investors.  Most of the country's 50 million retail investors are in the dark compared to institutional investors.  Institutional investors use complex quantitative systems that use statistical analysis of the millions of data points that affect stock prices.  These real-time predictive systems help institutional traders make well-informed trading decisions. Institutional traders control a greater share of trading volume, which puts retail investors at an even greater disadvantage.

This is a big problem given that most individual investors have a great deal of control over their portfolios and are relying on them to retire and fund their children's ever-growing educational expenses.  This is why Vlad Karpel, former head of technology at OptionsXpress, has founded Tradespoon.  Tradespoon is a consumer-focused site providing trade picks generated by its proprietary system, similar to the systems used by institutional investors. 

According to Vlad, "I started Tradespoon after watching too many retail investors lose money from having too little information about the market. Individual investors are truly trading in the dark.  The use of statistical analysis and algorithms like the hedge funds use can dramatically increase the likelihood that an individual can maximize returns from trading."

This isn't simple stuff.  Vlad Karpel was the first employee at OptionsXpress and scaled the online options trading platform to serve millions of traders. He has since built systems for several hedge funds and has been perfecting the algorithm behind Tradespoon for the last 15 years. The types of variables the Tradespoon system considers include: predicting stock movements in specific time periods, monitoring key technical events (e.g., earnings, Fibonacci replacements, cash flow changes), positions risk, macroeconomic exposure of portfolio, overall portfolio risk and much more.  Can you imagine an individual investor considering the hundreds of thousands of data points contributing to all of these variables?  It is impossible.

While there are many stock recommendation services, Tradespoon is one of the only services using the types of tools used by institutional investors.  In addition, the company's daily picks provide specific trading information including entry and exit prices for each trade. In addition, Tradespoon's picks take into account both fundamental and technical stock analysis, whereas most pick providers only conduct fundamental analysis.  Tradespoon's daily picks also include stock, options and option spread trading strategies so that investors of all levels of sophistication can make use of the trading advice.

There is much more ahead for Tradespoon as it will provide additional ways to arm individual investors with easy to use, yet sophisticated tools for making trading decisions with greater statistical likelihood for success.  While this may seem foreign to some, we have seen drastic changes in the trading behavior due to the Internet and Tradespoon is leading the way in the next chapter of change.

About Tradespoon
Tradespoon is a platform for helping individual traders improve their likelihood of success with trading.  Tradespoon provides daily trade picks, including stock, option and option spread picks.  Tradespoon founder Vlad Karpel is the former Head of Technology at OptionsXpress, has spent 15 years building the Tradespoon's proprietary system. Other trade pick sites cannot provide the depth of predictive precision that the Tradespoon platform and team can provide.

PRESS CONTACT: 
Rachel Blankstein
Phone: 312-217-9650
 Email: [email protected]

SOURCE Tradespoon