Tom Sosnoff, the creator of thinkorswim and tastytrade has created a new visual trading platform called Dough. Theresa W. Carey, from Barron’s Electronic Investor decided to sign on for the beta test.
Excerpts from the Barron’s story:
Dough acts as an analytical platform, helping you find profitable trades. It has six modules: a trading panel, a monitor of other traders, portfolio analysis, the Grid (which tracks stocks), an activity summary, and a trading journal. The interface guides you through constructing a trade, and is designed to show you the effect a trade will have on your portfolio. ”We designed dough to put the fun and the challenge back into finance. Regardless of age and domain experience, dough engages through investible content,” says Sosnoff.
The dough platform also connects to the live broadcast of tastytrade, as well as instructional videos about trading called doughtv. A group of traders (including Sosnoff) is displayed on the opening screen;; you can follow one or more of them and see exactly what they’re trading. Each trader’s current return on capital and probability of profit is prominently displayed.
Learn more about Dough and read the full article in Barron’s.