2015 was a big year for Wootrader. In 2014, our founder wanted to capture some of the data that the professionals use to make decisions for their clients and place it into the hands of the retail investor. That was the beginning of Wootrader that launched this past year.
We now have more data points on each stock than you’ll find on any other platform. If you’re not the type to pour through large amounts of stats, you can work off of our daily rankings page that looks at all of the data and assigns more weight to the technical that are correlating to the overall market on that particular day. You can go as deep into the system as you would like or let the system do the analysis for you.
Other systems only look at a few data points and place the same weight on them regardless of what the market is doing. Wootrader looks at which of our screeners are best correlating with the overall market and assigns those more weight. The system doesn’t reevaluate once a month or week; it does it every night.
We were excited to watch as Wootrader beat the overall market throughout all of 2015!
But that was 2015. What’s coming in 2016?
We have a lot of things planned but the one we’re most excited about is our upcoming portfolio tool. Soon, you’ll be able to pull your brokerage account into Wootrader if you use one of our supported brokers. You can analyze your holdings using Wootrader’s vast selection of screeners and even make trades within our platform. You'll be able to perform many of the tasks you performed on your broker’s platform right inside of Wootrader.
Other upgrades coming include the ability to manage multiple portfolios, more powerful reporting features, NASDAQ real-time quotes, a custom strategy builder, a mobile app, and much more.
As you noticed in 2015, we made a lot of improvements to our system based on user and industry feedback. We’ll continue to do that in 2016 so keep talking to us. Let us know what works well and what seems challenging.
And be ready for another year of exciting growth as Wootrader enters its sophomore year.
One thing will never change—We built Wootrader as a way to arm you with the same knowledge the pros use. We want to help level the playing field. We’ll continue to design our platform with you in mind.
Here’s to a 2016 full of profitable trading!