ChartYourTrade Looks To Make Retail Investors Successful In The Market

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It's almost that time of year.

The 2017 Benzinga Global Fintech Awards is a competition to showcase the companies with the most impressive technology that are paving the future in financial services and capital markets.

To get you prepared for this year's awards, Benzinga will profile each fintech company that has applied. Want to get involved? Submit your company here. For this installment, we spoke with Mike Lamothe, Founder of ChartYourTrade (answers have been edited for length and clarity).

ChartYourTrade

What does your company do? What unique problem does it solve?

ChartYourTrade delivers stock market research, analysis, tools, and education to allow people who are not full-time traders to take advantage of and be successful in the stock market.

We were able to scan for the best of the best growth stocks with a single click while simultaneously setting up a gauge of market health (as the list expands, its an indication that general market health is improving. Conversely, as the list contracts, its an early sign that market health is deteriorating).

We also included some useful reports to help gauge industry strength and further identify market health. Our industry group report monitors the expansion/contraction of the number of stocks from industry groups passing the scans.

Back to the unique problem: From my experience, most people are hesitant to trust "stock market pros" and most of the pros are not in the right position to help people trade successfully while still working full-time. Why? Because they haven't done it. They haven't walked a mile in their shoes. Those attempting to help people trade on the side are doing it from a full-time, market pro perspective.

ChartYourTrade.com is in the unique position that I am not a market pro, I do not trade full time, but I have nevertheless found a way to be successful in the stock market, trade efficiently, find ways to make processes that often take several hours into a single click, turn ChartYourTrade into a thriving business, and am sharing all of those experiences with our audience.

Who are your customers?

Our target is primarily retail investors, non-stock market professionals. However, nearly half of our subscribers are stock market professionals and those who trade for a living. Clearly what we have to offer works for everyone. And who wouldn't want more time in their day.

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How long have you been in business?

ChartYourTrade.com launched in November 2012. In 2015, we started selling subscriptions to our analysis. Since then, we've added educational videos and analysis from Adam Sarhan, as well as ChartYourTrade MRI.

Where are you located?

We're located in Massapequa Park, New York.

Who is your company's leadership? What kind of experience do they have?

  • Michael Lamothe is the Founder of ChartYourTrade.com. He has been trading successfully since 2010 and has been doing it while maintaining a separate full-time career. His passion is to help others realize that the opportunities the market has to offer are available to anyone who dares to seize them. In addition to ChartYourTrade, Michael is also the Co-Organizer of the NYC Investor's Business Daily Meetup Group and is a national speaker. He also mentors new and novice traders to help them hone and develop their trading skills.
  • Adam Sarhan is a +20 year market veteran, a Forbes Contributor, and is regularly quoted on CNBC, Fox Business, the Wall Street Journal, Barrons, and a host of others. He is also the Founder & CEO of Sarhan Capital LLC and as of late November 2015, a proud partner of ChartYourTrade!
  • Gerik Goncalves is the Chief Operating Officer and Webmaster for ChartYourTrade. He is the person who has taken our vision for ChartYourTrade.com and made it a reality.
  • Leav Graves is the co-creator of our app ChartYourTrade MRI. We worked tirelessly together for about 8 months to bring it to life. Leav is also the Founder of OptionSamurai.com and a former Benzinga Fintech Award Finalist.

Is there anything else Benzinga should know about your company?

We are young, hungry, and just getting started. Our goal is to make stock market success a reality for anyone who seeks it.

If you're looking for cool fintech startups and access to top financial institutions, and are sick of attending stuffy corporate conferences, the Benzinga Global Fintech Awards is the event for you. From its first year in 2015, the competition grew to over 250 applicants and over 500 attendees in 2016.

Connect with us on social media — use the hashtag #BZAwards and #Fintech to spread the word!

 
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Posted In: FintechStartupsSmall BusinessInterviewBenzinga Global Fintech AwardsChartYourTradeMichael Lamothe
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