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How does the software work?

The News Trader (TNT) software is designed to continuously scan the most important stock related newswires and identify stock prices that are reacting to the news. The newswires are checked every 60 seconds for new stories. Once a stock has reacted to the news by increasing or decreasing in price by 3% or more from the time the story first broke, TNT will follow the price using a trailing stop of 3% below the highest price on long trades or 3% above the lowest price on short trades.

The Keyword version of TNT scans all news stories for a list of words that have been proven to preceed a sharp rise the the stock.

The Headline Scanner version of TNT will look for stories that mention stocks and grab the headline of those stores. You can view the whole story by clicking on the headline. Since no price information is gathered, we are able to repeat this process every 15 seconds. This is absolutely the fastest method of getting in on stocks that is available.

A complete description is here.

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