MEK Trader Inc. (MTI) was acquired by a private investor group in July 2005 and will now make available to individual investors its Dow Stock trading system known as the Dow Challenger.
The system, which until today only institutions have had access to, focuses solely on trading components of the Dow Jones Industrial Average. MTI provides its subscribed traders with daily recommendations on “what to buy,” “when to buy,” and “when to sell.” MEK trader’s systems have a proven track record of consistently delivering above-average investment returns during the last two calendar years.
“In spite of an extremely difficult market and a stagnant DJIA, MTI’s marquee system generated a 45.19% return in 2003 and 28.2% in 2004,” said Aron Govil, CEO of MEK Trader Inc. “We wanted individual investors to have access to both the buys and sells of equities that the institutions are privy to.”
The MEK trading system incorporates advances in Market Scanning Technology, elements of Fundamental Analysis, and tenets of Technical Analysis. Their methodology also takes into consideration Behavioral Finance along with Charting Techniques and Custom Indicators. The research and development gave birth to 100% mechanical trading systems which generate high- probability, low-risk buy and sell signals, focusing on stocks listed on the NYSE, NASDAQ, and AMEX exchanges.