TradeSmith is set to host a live event on April 22, 2023, at 10 a.m. Eastern to demonstrate its new AI Signals trading system, designed to identify high-probability trading setups. This system evaluates over 2.09 million potential trades daily and has achieved a remarkable historical accuracy rate of 90% for specific trade combinations.
During internal tests led by TradeSmith’s Quant Strategist, Mike Carr, the system produced an impressive average return of 2.6% over nine trading days, significantly outperforming the S&P 500’s 0.4% gain in the same period. Notable example trades included Caterpillar (CAT) at 126% in 72 hours and Nvidia (NVDA) at 129% in five days.
TradeSmith, based in Baltimore, Maryland, has over 134,000 users across 86 countries managing more than $29 billion in assets. The company’s innovative approach employs complex data analysis to uncover repeatable trading signals, aiming to enhance the investment strategies of self-directed investors.
