Chasing Returns provides a professional quality risk management platform to non-professional (retail) traders.
The vast majority of traders win more trades than they lose, but only 15% of them convert this to consistent profitability. Emotions cloud our thinking so we hang on to losers too long and let go of winners too quickly. The service finds the triggers in each person’s historical trade history, and provides them with a pre-trade dashboard to help them control their impulses.
Using the behavioural finance concepts popularized by nobel prize winner Daniel Kahnemann, it replaces their intuition (Thinking Fast) with anchored decision making (Thinking Slow); effectively enabling them to move past over-reaction into objectivity.
Trading losses are inevitable, but with the Chasing Returns platform traders can manage their losses more effectively, leading to significantly higher profits.