What is “The Stocks Bot”
To put it as simply and cleanly as possible, The Stocks Bot is a collection of tools for retail traders to use for their everyday trading. This tool was built to improve on the various services around the internet and to incorporate all the fun and important parts of our day. The Stocks Bot provides:
Trades
The Stocks Bot platform was built with two goals in mind when it comes to alerting trades. First, we wanted to build something for the analysts out there that was both reliable and provided them a play log. Second, we wanted to build a tool where anyone could input their trades to share with the rest of our community. With these two goals in mind, we developed the trade tracking system you see on this site.
The system works by a trader entering a play in to our discord bot. From there the system records the position, tracks the data and calculates statistics, scores your trades, and allows for profile management of your trade history.
When trades are logged into the system they are displayed on the Trades page inside the website and app. The data is updated in real time for our Financial Independence Member tier and is delayed by 24 hours for the lower level plans. For stocks it specifies the ticker, entry price, and when closed, the exit price. Options will include the expiration date, strike price, call or put, and the premium at entry and exit. As for crypto it’s generally the same, but price data will be different across exchanges so it specifies the exchange the trade was made on. Take profits, stop losses, leverages, averaging, trimming or partial exits, and notes are also displayed when specified during the traders input.
Dashboard
Every member of the stocks bot has access to their own dashboard. Depending on the membership tier you chose, you will have access to our analyst profiles, you own trading profile as well as a general social media profile to share with others on the platform.
The dashboard provide you the access to all of the features under your membership tier. We have plans to impalement badges and other type of reputation models that you see on other social media sites.
Following and Notifications
Traders can follow others and enable push notifications that are alerted in real-time for PRO members. Allowing them to set custom notifications for their friends or favorite trader gives the ability to use our platform to copy trade.
Trading Journal
Another one of the key initiatives behind our platform was to build a trading journal for our users. Not everyone wants to use the bot to log their trades and have them made available to the public and with this in mind, we built in your own personal trading journal.
Inside the dashboard for the Financial Freedom and Financial Independence plan members, there is a trading journal where you may input all of your buy and sell actions with contract size, cost, and the details behind your entry and exit reasons as well as your setup for each trade. All of this data will then be summarized inside of your portfolio summary dashboard. Journal your trades in seconds. Have peace of mind knowing your data is fully backed up and secured.
The portfolio summary of your trading journal will help identify patterns in your trading and reports them back to you. You can use these patterns to help you determine what is working and not for you.
Most of our trading losses coming from a set of trading mistakes. Once you have analyzed the patterns to identify which trading mistakes are making you lose money, you can focus on ensuring you avoid them on your next trading day.
Trade Alerts
Members who sign up for the Financial Independence tier will have access to our trusted team of trade analysts. These analysts provide live trade alerts to their respective communities and have been selected after extensive vetting to ensure their top tier experience. Our analysts call out stocks, options, and crypto trades for when to buy, and when to sell- entry prices, take profits, stop losses, and alerting trims until ultimate price targets are hit.
Along with the trade alerts, you will have access to the live streams and live trading that the analysts provide inside our discord.
One of the most beneficial aspects of this feature is the ability to ask the analyst for input and feedback on their play as well as the ongoing knowledge transfer that happens inside our premium discord while the plays are active. Being able to follow the analyst wile asking them questions as the play is live is a major benefit to improve your gains.
Education
Being a new trader can feel very overwhelming, between the various products and platforms, the crazy price swings of stocks, and all the unknow lingo that comes across your monitor. Our platform strives to help provide you with tools to make life easier and your wallet fatter.
The blog and free education sections in the app and discord are great for new traders to begin to learn and pull advice from season veterans who are kind enough to share their knowledge. The paid members also have additional resources ranging from books and other professional works of art and on to our analyst personal stories and knowledge transfer.
Some of our analysts and connected communities offer mentoring sessions, live stream Q&A, 1-on-1 training, and other services. These services can be found in the Analysts profiles as well as their own private subsites.
Everyone is welcome to join the conversation on Discord where experienced traders are paying it forward and offering good advice that was given to them when they first started. See what traders are discussing and what might be the next big retail investor play.
Communities
The Stocks Bot operates in connection with the Market Makers Trade Discord server but is not limited to only connecting with this server. We strive to build a giant trading community and what this means is that anyone using our platform will have opportunity to link their community to the Stocks Bot as well as Market Makers Trade.
Joining The Stocks Bot as an analyst, you will be given access to build your own community subsite under our platform. This site will link all the communities together and allow profile connection, social connection, and even sales across communities.
Those who do not wish to run their own discord are also welcome to join Market Makers Trade and build your own community under that umbrella.
You can find all of our connected communities under the communities page.
More information to be released in the future related to communities and how to connect with us.
Future Improvements
We are always looking for ways to improve and make trading easier and more fun. With that some of the upcoming features we are working to implement are a robust social platform for integrated trading, connection to brokers for placement of trades directly from our platform, charting tools, sponsorship and affiliate programs, and much more.