Dan Mirkin is the CEO and Senior Managing Partner of Trade Ideas. But what is his story and what is Trade Ideas? Read on to find out.
Who is Dan Mirkin From Trade Ideas?
Dan Mirkin holds a significant role in the financial world as the CEO and Senior Managing Partner of Trade Ideas. His educational background includes studies at the University of Texas at Austin and the London School of Economics.
Currently residing in the picturesque city of Carlsbad, California, Dan co-founded Trade Ideas LLC back in 2003 alongside his classmate from Bellaire High, Philip Smolen. Their shared passion for innovation and their drive to explore new avenues in the financial markets have been the cornerstone of their successful venture.
Before delving into Trade Ideas, Dan served as the CEO of FutreTrade Technologies, a venture-funded company that operated during the dot-com bubble era. This experience added valuable insights to his career, setting the stage for his achievements at Trade Ideas.
Dan’s life journey is a fascinating tale of cultural diversity and adaptation. Born in 1970 in what was then Leningrad, Russia (now St. Petersburg), he immigrated to the United States in 1978 with his family. Growing up in Texas, he became fluent in both English and Russian.
What is Trade Ideas?
Trade Ideas is a game-changing artificial intelligence tool for portfolio managers and traders. It uses HOLLY, its AI capability, to analyze vast amounts of data overnight, including market activity, news, and social media, across all US equities. HOLLY employs 40 trading strategies with multiple algorithms, resulting in 5-7 daily trading scenarios that could outperform the market.
Risk guardrails are in place for responsible trading. Unlike basic stock screeners, Trade Ideas offers lightning-fast trade idea generation and order execution, making it a top choice for active traders looking for speed and customization in their trading strategies.
Trade Ideas Features
Here are the benefits that Dan Mirkin and the team over at Trade Ideas offer:
- Idea Surfing: Trade Ideas automatically highlights stocks in different channels, aiding users in discovering potential opportunities effortlessly.
- Real-Time Streaming Alerts: This feature provides real-time updates on market events and stock movements, offering extensive customization options for monitoring specific criteria.
- Stock Racing: Users can efficiently monitor and compare the performance of multiple stocks simultaneously, gaining a significant advantage.
- Chart-Based Halt Notification: Trade Ideas promptly notifies users of stock halts triggered by rapid price movements, crucial for staying informed.
- Chart-Based Trading: The software assumes user preferences and offers visual risk guidelines for buying or selling stocks based on typical behavior.
- Event-Based Backtesting: Subscribers can backtest trading strategies through a question-based approach, evaluating strategies, indicators, and signals.
- Holly AI: Trade Ideas’ Artificial Intelligence system analyzes vast amounts of data, providing trade suggestions with a success probability exceeding 60%. It includes versions like Holly Grail, Holly Neo, and Holly 2.0.
- Advanced Charting: Users can view up to 20 charts simultaneously, adjust timeframes, and utilize various technical indicators for in-depth analysis.
- Pre-Built Stock Scans: Simplifies stock scanning with customizable and pre-built scans, making it accessible for beginners.
- Oddsmaker: This tool enables backtesting of strategies, providing essential metrics and insights into potential profitability, allowing traders to refine their strategies.
Trade Ideas Pricing
Trade Ideas offers a straightforward pricing structure with two subscription options, available on both a monthly and annual basis. If you sign up pay annually, here is the pricing:
- Standard Plan: Priced at $84 per month or $999 per year, the Standard Plan provides a standalone platform with essential features. Users gain access to 10 charts, 10 price alerts, and visual trade assistance.
- Trade Ideas Premium: This advanced subscription plan costs $167 per month or $1,999 per year. It offers an extensive set of features, including 20 charts, 20 price alerts, access to the AI robo-advisor Holly, and entry to Brokerage Plus.
When considering monthly payments, flexibility is available, but at a slightly higher cost. Monthly subscribers will find the Premium plan priced at $228 per month and the Trade Ideas Standard plan at $118 per month.
Final Thoughts
Dan Mirkin’s journey from his Russian roots to becoming the CEO and Senior Managing Partner of Trade Ideas is a testament to his dedication and passion for innovation in the financial world. His co-founding of Trade Ideas in 2003 alongside Philip Smolen has paved the way for a revolutionary approach to trading.
Trade Ideas, with its powerful artificial intelligence tool HOLLY, has redefined how portfolio managers and traders navigate the stock market. It harnesses the potential of AI to analyze extensive data overnight, offering lightning-fast trade idea generation and order execution. This platform provides traders with the tools they need to stay ahead of the competition.
Dan Mirkin and the Trade Ideas team have created a comprehensive and cutting-edge platform that caters to both novice and experienced traders. It’s a game-changer in the world of trading, offering the speed, customization, and insights needed for success.
To explore the world of Trade Ideas and revolutionize your trading experience, Click Here.