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by GlacierFox
710 days ago
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Can a big brain please comment on this because I can't decide if I'm in astonishment or in a state of confusion. More directly, I have no idea about the domain you've created this software for but I'm in admiration of your resourcefulness. ...from the forest. Haha, very cool. |
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One main feature of NBT: There is an ETF with the ticker SOXX, indexing semiconductor companies. There are two ETNs SOXL(3x leveraged) and SOXS(3x leveraged inverse). People day-trade these because they regularly move 1%-6%+ within a day. If you think SOXX is going to go up, you buy SOXL and if down then you buy SOXS(rather than short selling). To make a trade with TV it takes about 5-10 clicks and involves making calculations and opening windows and entering numbers in. With NBT you press Go Up or Go Down - that's it. To exit your position, you press Close Up or Close Down. It's waaay faster and when you are trading like this it needs to be fast(fast to take action, not buy and then quickly sell type of fast).
There is other functionality but this is a good example because most of my interface real estate is dedicated to trading these ETNs.