Sunnyside Equity Holdings Is Excited To Announce The Launch Of PICKLE
- Written by Newsfile
Lehi, Utah--(Newsfile Corp. - March 23, 2022) - Sunnyside Equity Holdings[1], a private equity firm founded by Will Vigil in Lehi, Utah, has announced the launch of PICKLE, its proprietary AI software. In releasing PICKLE, Sunnyside Equity seeks to use AI to change the day trading landscape and potentially reduce the chances of losses.
Source: Sunnyside Equity Holdings
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The development of PICKLE comes as more industries explore the possible uses and benefits of AI. With advancements already being seen in healthcare, transportation, and finance, perhaps it has only been a matter of time before AI entered day trading as well.
In designing PICKLE, Sunnyside Equity states that it incorporated proprietary algorithms and AI technology that can predict and mimic trades across the platform. "PICKLE sets its markers to buy and get out regardless of the day's market trends," the company says. "It picks a stock, follows the markers, then mimics that algorithm across multiple accounts. The goal is for it to never fall below markers set by the system. It accomplishes this by selling off on gains across multiple accounts simultaneously during times of trading."
While this news may be of interest to day traders, the question still remains whether PICKLE can really eliminate emotions from day trading when ultimately a person will be in charge of the technology.
"It is a fair question," Sunnyside Equity states. "It is unlikely that anyone will ever be able to conduct trades 100% free of emotional bias, and that includes the user of PICKLE. Then again, that is why we designed PICKLE in the first place: to overcome the emotions that can contribute to trading decisions that result in losses."
The inspiration for PICKLE, the company continues, lies in the lack of emotions that AI contains. "That is assuming, of course, that we don't program it with them," Sunnyside Equity states. "That presumed inability to feel happiness, fear, anxiety, or worry is one of the biggest differences between humans and AI."
The company says that, given that people and AI are equally knowledgeable about day trading, this difference is potentially crucial. "Anyone who has traded knows that emotions can influence your trading decisions. Happiness, excitement, or even greed can influence you to hold on longer than you should. Worry or anxiety can cause you to sell sooner than is wise. No doubt there are other reasons for losses, but it cannot be argued that emotional bias does not sometimes negatively impact what you do on the market. This is why PICKLE might signal a new future for day trading: it simply has no emotions."
With the development of PICKLE, day traders now have a new AI platform whose impact on the market remains to be seen. Each day trader will likely have to evaluate their own propensity for emotional bias against the potential benefits of trading with AI and decide for themselves whether PICKLE is, indeed, the tool they have been searching for.
Contact Information:
Will VigilSunnyside Equity HoldingsEmail: Invest@sunnysideequity.comPhone: (833) 222-5233
Source: Sunnyside Equity Holdings
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/117799[3]
References
- ^ Sunnyside Equity Holdings (www.newsfilecorp.com)
- ^ https://orders.newsfilecorp.com/files/8668/117799_a9a35b635488284c_001full.jpg (orders.newsfilecorp.com)
- ^ https://www.newsfilecorp.com/release/117799 (www.newsfilecorp.com)