AMP Portfolio Mirroring Project
Broker#1 Demo |
Broker#2 Demo |
Downloads
Amp is a portfolio mirroring application.
It allows you to replicate a traders positions to another account, but apply rules during the process.
Possible Trading Scenarios for AMP:
'Trader Joe is a great trader but he always loses money in GS and he's scared to trade more than a thousand shares in anything.'
Use AMP to replicate all of Joes trades to a second account
filter out all the GS trades
increase whatever position Joe
takes by 2x when mirroring.
Allow Joe to pocket the extra money,
let him see how discipline pays.
'Trade Steve is often up several thousand dollars in a day, but the
market will turn against him and he'll give most of it back.'
Setup rules to mirror Steve's trades
Setup a rule to stop AMP from mirroring when 2nd account is up $500
Have AMP flat 2nd account in this case
Locks in profit, but still allows trader to continue trading.
'Trader Bill just started out. We'd like to minimize his exposure until he starts making money regularly.'
- Setup a hedge rule in AMP to take offsetting positions in another account
- As bill becomes more comfortable, decrease size of hedge (100%->50%->0%)
- When bill makes money regularly, shut off the hedging all together.
- Bill doesn't have to know when you're hedging him, so he can feel more comfortable thinking he's always hedged
