United Treatment Centers Inc. wholly owned subsidiary Element Trading Technologies LLC announces ad campaign plans for "FIDO"...
November 15 2013 - 12:53PM
OTC Markets
United Treatment Centers Inc. NEW YORK, NY-(Nov 14, 2013) - Element
Trading Technologies LLC. (PINKSHEETS: UTRM), a company which
trains market traders to successfully trade stocks with the
company's proprietary trading account, announced today plans to
launch the company's aggressive and comprehensive marketing
campaign for its proprietary risk management software "FIDO"
(financial, intelligent, discipline, optimizer) to start January
2014. The company plans on digital ads throughout the internet on
heavily trafficked financial sits and cable TV advertising in
target markets on CNBC.
The FIDO risk management software is exclusively available with the
company's direct access trading platform and the company has no
plans on licensing the software to other trading firms or software
providers. Trading stocks is a high risk business and most traders
lose money. The ad campaign will provide insight to "FIDO" showing
what traders can expect from the use of the software and how it
reduces the risks in trading. While others are advertising rate
Element Trading Technologies is advertising automation that is
usually only available at high frequency trading firms. In addition
to the ad campaign the company plans on providing FIDO seminars
detailing how to make the best use of FIDO and the firms
recommended algo settings. Charles Vaccaro the company's President
and CEO developed FIDO and said "I have been around active traders
since 1995 and I can tell you traders lose money for two reasons,
holding on to losing trades to long and not taking profits when
they have them. All the classes in the world will not help if the
trader does not have the discipline to pull the trigger himself. I
developed FIDO from my years of experience in watching active
traders as well as my own trading habits. Humans do not like taking
loses and worse than that when a trader has a profit and does not
close the position and that position gets cut in half traders are
reluctant to even take that profit and letting the trade turn into
a loss. The old should have would have. In developing FIDO I took
all these scenarios into consideration. FIDO's algorithm allows a
trader to have a preset max loss per open position, once that lose
is hit FIDO will close that position automatically without the
second guessing that humans have. In addition to protecting from
runaway loses FIDO protects profitable trades by having a high
water mark setting and a max draw down once the high water mark is
exceeded. Example: a trader has a high water mark set at $100 in
profit, once an open position exceeds $100.00 in profit FIDO takes
over and lets the trade run creating a new high water mark where at
which time FIDO will only allow a max drawn down of say 30% from
the highest point. These settings alone will save a trader from
runaway loses and capture profits before they evaporate. FIDO gives
the trader the confidence to enter multiple trades and have the
algorithm of a high frequency trader to protect them. Once we
expose FIDO via our ad campaign to the active trader community, I
can't imagine anyone trading without it? Vaccaro went on to
say.
About Element Trading Technologies Inc.
(www.elementtrading.com)
Element Trading Technologies recruits and trains stock traders to
day trade the company's proprietary trading account under a
tightly-controlled risk-managed basis. Traders pay monthly software
and a proprietary program membership fee and are allocated day
trading buying power based on their daily equity balance. Traders
are paid ninety percent (90%) of their net profits on a monthly
basis as they develop their trading expertise.
Element Trading Technologies foresees the global growth in
individuals seeking to trade for themselves and believes it can
position itself to become a leader in the active trader business.
With the advancements in digital communication throughout the world
the company's market is unrestricted. China, India, and Russia are
among the fastest growing markets for individuals seeking to become
active day traders. The management of the company has the
experience necessary to effectively market to this growing
audience.
"Safe Harbor Statement" under the Private Securities Litigation
Reform Act of 1995. This press release contains forward-looking
statements that involve risks and uncertainties. The statements in
the Release are forward-looking statements that are made pursuant
to safe harbor provision of the Private Securities Litigation
Reform Act of 1995. Actual results, events and performance could
vary materially from those contemplated by these forward-looking
statements.
Contact:
Element Trading Technologies
888-568-1830
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