For stock trading I created the artificial intelligence AskLORA. AskLORA is a roboadvisor for stock trading designed for regular stock investors. In a world of too much information and not enough advice, most investors are left on their own to decide what to do in the markets. AskLORA leverages the latest AI technologies – with the aim to pick short term (1 month) outperformers every week and diversify the risk via a portfolio approach. We use AI to replicate the fundamental research, technical analysis, and risk management process commonly performed in large banks. AskLORA aims Investors looking for such a differentiated approach should follow.
What training do you have in finance, have you successfully obtained particular qualifications?
As an engineering student at university I was always comfortable with numbers and interested in the application of math to explain real life issues. Naturally I was attracted to the capital markets and the representation of a company by numbers, prices, financial ratios, etc.
What led you to become engaged in the capital markets?
Over the past 25 years, I have worked in equities trading, risk management, and investment products for various global financial institutions. I realized the main difference between a professional investor from an amateur, lies in having the proper investment tools and risk management process. These are typically high cost services, but, now with AI, we can replicate much of this at low cost to help regular stock investors.
Why are you at Follow MyMoney?
We are very happy to be part of this innovative investment platform, and wish to share AskLORA’s best stock picks in the European markets with the costumers.
Your target return?
To outperform the market by 15% annually.
What particular recommendation would you give your followers?
We recommend to follow AskLORA’s stock picks over an extended period of time to achieve diversification and consistent returns.
“The main difference between a professional investor from an amateur, lies in having the proper investment tools and risk management process.”
Combining fundamental research and technical analysis, AskLORA picks three best stocks from the market each week for an investment period of four weeks. Each stock will have a target profit as well as a stop loss limit.
My focus sectors
AskLORA’s AI engines monitor and search for best stock investment ideas across all sectors.
My focus markets
AskLORA’s AI engines analyze millions of data points to come up with the best stock selection. This process has very little human bias and can deliver consistent results over time.
Trade with the stars
Download the new trading app now and follow AskLORA .
Follow MyMoney is a product from FELS wealth GmbH, a FELS Group GmbH subsidiary company. The FELS Group GmbH is a fintech company based in Kelkheim near Frankfurt, Germany. It has developed software that enables clients to easily and directly implement strategies from external and independent investment professionals, using their own securities account at their bank. This is made possible by an online financial platform on which select traders and investment professionals post their strategies and investment suggestions for clients. Clients receive these suggestions as a push service, by SMS or e-mail, and can follow them directly and in real time.
The provider of the investment services in accordance to section 2 German Securities Institutions Act (WpIG) is FELS wealth GmbH, Dieselstraße 2, 65779 Kelkheim. FELS wealth GmbH has a corresponding permit from the Federal Financial Supervisory Authority (BaFin) in accordance to section 15 German Securities Institutions Act (WpIG).
You should ensure that you have the risk appetite, relevant experience and knowledge before you start trading. Using the Follow MyTrader service entails risks to your capital. Amongst others, there is the risk of following traders whose ultimate purpose, or financial status, differs from yours. A Star Trader’s past performance is not a reliable indicator for his future performance. Detailed information is included in our Risk warnings document (only available in German).