Offer prices and availability are subject to change after the time of publication.
tl; Physician: Starting August 14th, you can get your first month of Composer Pro subscription (opens in a new tab) for free. (After that, it’s $24 a month.)
Elon Musk now says he never suggested it to people should buy cryptocurrency. It’s easy for him to say that the already highly explosive crypto market has recently lit a fire. But after years of tweeting about crypto, including his personal favorite dog coinTesla boss now says chat was never an endorsement
The moral of the story is that it’s probably better to trust what you know than a billionaire’s opinion. Composer (opens in a new tab) There is a tool that can help you bring your skills to the level required for successful investing. There are still no guarantees when it comes to investing (and there never will be), but a knowledgeable investor will likely beat a newbie every time.
While automated trading has so far been available to the individual investor, Composer hopes to advance the idea, which aims to convey the urgency of hedge fund-style investing on a single platform that appeals to retail investors. Should be well organized and simple. Composer tries to make it easier for beginners Create your own portfolio strategies (Opens in new tab) Automated trading triggered by your own set transaction rules and in a visually based no-code environment.
For those just getting wet, Composer offers dozens of preset fund strategies called Symphony. Each is built around themes like Stock or Bond: Ride the Winner, which oscillate between stocks or bonds based on past three-month returns. Or Big Tech Momentum, which invests in two big tech stocks that have had their best performances over the past month. Each allows users to view Symfony’s return history, begin to understand how it works, and decide if it’s a practical option for them.
While buyers can add any of these symphonies to their portfolio, they can also use the composer editor to create their own symphonies. The editor is like a garage for investors, allowing users to take apart any symphony and then use the pieces to build their strategy. The editor is also expected to make it easy for you to test your philosophy, Evaluation of your investment ideas (Opens in a new tab) By backtracking and extrapolating what their performance would have been over the past six months.
And since most people don’t have the time to constantly review every investment for the right buy and sell timing, Composer is also designed to automate purchases to meet your guidelines like clockwork. You determine your buy and sell points using subtle metrics such as each asset’s standard deviation, maximum drawdown, or relative strength index (RSI). Or you can set a schedule for buying and selling, and once that threshold is reached, Composer will be set up to automatically complete the transaction.
It takes about 90 seconds to sign up and create your own composer account. Once you have funds in the account, you can invest in a pre-made symphony or create your own to start your investing journey. Get your first month free with a Composer Pro subscription (typically $24/month), no code required.
Price changes reserved.