This app teaches you how to become a Wall Street-grade trader, step-by-step, with no prior coding knowledge required
When I showed my dad my algorithmic trading platform, his first reaction was deep confusion.
My dad is an extremely intelligent man. He attended Morehouse College at 16, graduated in four years, and after a few gap years, walked away with his PhD before he was 28. He owned multi-million dollar businesses, received dozens of rewards and recognition, and even did a little bit of daytrading (right before the dot com bubble bursted).
And yet, he had no idea how to use the app.
Many extremely smart people expressed the same sentiment, both inside and outside my family.
While seasoned quantitative traders and professionals were more than capable of being highly productive with NexusTrade, new investors struggled.
In hindsight, I can see why — algorithmic trading is something that most retail investors have never experienced in their lifetime. Seeing a new app with new features that you’ve never seen before can give even the most ambitious newcomers analysis paralysis.
Today, I fixed it in a simple way.
Teaching you how to trade step-by-step
I augmented my algorithmic trading platform NexusTrade with extremely detailed step-by-step instructions that teaches anybody how to become an data-driven trader and investor. This includes highly technical professionals, novice investors, and avid daytraders.
It’s literally just two easy steps. Let me show you how it works.
Step 1) Pick a tutorial
When a user creates an account, they are automatically assigned a list of tutorials. The first four tutorials are deterministic; they are a crash-course on the most important aspects of algorithmic trading including:
- Create a “trading condition”, which are important for developing “trading strategies”
- Deploying a portfolio to the market for automated investing
- Creating trading strategies, which are automated rules for executing trades in the market
- Stock screening, which is essential for finding novel investment opportunities
Once we pick a tutorial, we have to work to completing it.
Step 2) Complete a tutorial
Depending on the type of tutorial, you’ll have different types of steps to complete it.
For app tutorials, there are a series of steps that you have to complete. In the drawer, we can see these by clicking “View Tutorial Steps”.
Once we complete an app tutorial, we can click “Check Completion”.
If we completed the task, the app will give us a huge congratulations message, and a bunch of confetti will fall from the screen to alert us of our accomplishment!
In contrast, “chat tutorials are different”.
We interact with Aurora, the AI agent, for chat tutorials. During them, we get step-by-step instructions for how to complete the task.
In this tutorial we’re learning about indicators, conditions, and moving averages. In most tutorials, Aurora will tell us exactly what we have to do to accomplish our goal.
Once we’ve completed the task in the chat we’ll receive an award in the app.
Step 3) Receiving our reward
To make the tutorials more interactive and worthwhile, users receive a reward depending on the difficulty.
Easy tutorials will give 5–15 points to the user. These points can be used to use stronger models within the NexusTrade application, giving premium users a taste of what it’s like to be a real algorithmic trader. Harder tutorials can give a user 100+ points, encouraging them to sit down and complete tasks to become better at investing the market.
Once we’ve successfully completed the task, we’ll automatically receive the reward (and be greeted with celebratory confetti).
This occurs automatically. If we failed to complete the tutorial, we won’t be given the rewards.
This process is designed to teach newcomers about how to be productive with NexusTrade, and in tern, become algorithmic traders. Currently, there are around 30 tutorials available, but I have plans to create a lot more. The architecture is extensible, maintainable, and allows me to create step-by-step instructions for anything related to algorithmic investing and trading
The impact of this
As I alluded in the beginning, such a simple idea has an immense impact on trading and finance. Quite frankly, even highly intelligent people do not know how to trade and invest. Having a platform that quite literally tells you how to become an algorithmic trader is game-changing.
By simplifying the complexities of algorithmic trading, NexusTrade bridges the gap between sophisticated financial strategies and everyday investors. Our platform empowers anyone with the ambition to harness advanced trading techniques. This democratization of trading tools not only fosters greater financial literacy but also levels the playing field, allowing retail investors to compete alongside seasoned professionals.
Moreover, the integration of detailed, step-by-step tutorials ensures that users can confidently navigate the platform, build effective trading strategies, and execute them without the steep learning curve traditionally associated with algorithmic trading.
Whether you’re a novice eager to enter the world of trading or a seasoned investor looking to refine your strategies, NexusTrade provides the resources and support necessary to achieve your financial goals.
NexusTrade is not just an app; it’s a catalyst for financial empowerment, enabling users to make informed decisions, optimize their investments, and ultimately transform their financial futures. Embrace the future of trading and unlock your potential to thrive in the ever-evolving market.
