Prague, Czech Republic – 14 October 2017. Have you ever opened a new position right after a loss to make your money back, and then the market did not go in the direction you expected? Or, did you close too soon for fear that you would lose profits, even if your original strategy was to hold longer? Emotions can greatly overshadow judgment.
Athena lab s.r.o. has developed the xAthena platform – a patent-pending system that uses new methods combining personality type, emotion, and machine learning to increase profit for day traders.
xAthena tracks the emotional state of a person at the physiological level. Some people, for example, exhibit stress with an increased heart-rate, and others display it through specific hand movements. The platform is designed to collect various signals from traders such as pulse, temperature, facial movements, angle of sight, and retinal status which are then compared with their trading results. An advanced neural network identifies the stages in each individual where emotions interfere with trading decisions.
Once enough data about a trader has been recorded, the capability to significantly reduce their losses will be achieved. xAthena’s advanced neural network will help to guide the trader in real-time by notifying them of situations where decisions are being made based on emotion. This sensitive data is stored in an encrypted blockchain to ensure the accuracy of the data.
It will be necessary to collect data for more than three months at the current stage. However, behavioral patterns common to specific personality types have already begun to emerge. To complete the platform in 2018, extensive research will be carried out under the supervision of a team of psychologists to determine these distinct patterns. This will shorten the learning time for a new subject to three weeks. Furthermore, a magnetoencephalograph (MEG) – the world’s most advanced tool for mapping the brain in real time – will be used to significantly accelerate data gathering.
A brokerage service will be established as a component to the xAthena platform to handle daily trading transactions. The EU-licensed xApollo brokerage will have clear market information that will eliminate the potential risk of using external brokers. The xApollo brokerage will primarily be for use with xAthena, but service will also be offered to the public.
Finally, Athena lab will continue to pursue new products and services built upon the xAthena platform. Future applications of xAthena will extend into the automotive and aviation industries for the development of new safety systems. Features including accident prevention alerts for drivers and pilots are in line for further patents. In addition, business management and military projects are planned.
Research and development will be funded by a crowdsale accepting Ethereum beginning on 12 October 2017. The full release of xAthena for traders is targeted for October 2018.
The essential question to end with is: Why should anyone buy Athena?
- It is a research project that will change trading around the world.
- Athena lab s.r.o. is likely to submit two more patents in the near future.
- The modifiable blockchain will be suitable for corporate use (open-source of course)
- And most crucially: Athena lab will use 35% of its quarterly earnings to buy and burn Athena tokens for the next five years.
Athena lab s.r.o.
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This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.