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1M/1M Profile: The TradeStreet

Posted on Saturday, Feb 16th 2013

By guest author Punit Gupta

Another Milestone: The TradeStreet Posts 10,000 Trades

The TradeStreet, a social platform for traders, has been growing fast and attracting a lot of top-notch traders since its inception. Less than four weeks ago, the company released a press release announcing it had effected 5,000 trades. It is excited to report that as of last week, The TradeStreet Community has reached the 10,000 trades milestone. It remains committed to providing the best traders network.  The active community shares tips and trading ideas, and there are debates among proven traders as well as those who are new to the trading world.

The top performers on The TradeStreet for the year to date are Joe ($23,780 profit), Poorprae ($13,291 profit), and Punit ($8,005 profit). Readers can follow these top traders by visiting Top Traders YTD.

As the community has been growing, the company has been making important upgrades to enhance the user experience. Recent updates to the website include:

  • The Leader Board – This is one of the most interesting features of The TradeStreet, where users can see the top performing traders and their current holdings. They can be filtered based on different time frames and different parameters like the “Biggest $ Gainers” or “The Biggest Gainers in Terms of Percentage.”
  • Users can also plan their trading strategies based on the top-performing stocks and the stocks which have tanked the most. A unique widget filters those stocks based on the trades posted by users.
  • Users can find the Top Traders and enter into discussions pertaining to the recent market trends, the traders’ current holdings, or other topics of interest. This feature is useful for new investors who are looking for valuable advice.
  • The TradeStreet Blog – The blog, rolled out last week, will be another source of valuable information to users. With time, the company will feature articles by some of its top traders, thus helping other traders to gain valuable insight.

Upcoming Features

  • Forums – Users will be allowed to create threads to seek advice on issues specific to them. TradeStreet experts will be more than happy to solve or answer any question.
  • Events – Any new event that will impact the trading community will be covered in the Events Section, which will also offer expert opinions and recommendations.
  • Groups – Users will be allowed to join and create groups that focus on specific issues. Friends will be able to create groups that will allow them to share trading tips. Users can also join groups which they feel will help them develop a specific skill set.

Watch for more updates from The TradeStreet by signing up to its newsletter or simply sign up on the website and get started.

About The TradeStreet

The TradeStreet is building a custom social network built for traders where discovering proven traders is easy based on their track record and meaningful ratings. The user experience of a social network assists in the “bouncing around” of ideas, where traders upload their trades instead of pictures and plan their portfolios instead of trips. Users can interact with fellow traders in an amazing social environment and also understand the power of crowd sourcing. The founders believe that The TradeStreet will be extremely beneficial for the trading community, which includes both amateurs and experienced traders.

About the Co-founders

Punit Gupta and Krishan Nagpal are the founders of The TradeStreet. Punit oversees the marketing and business development activities, while Krishan focuses on technology side.

Both are graduates of Indian Institute of Technology and have extensive experience in the industry. After getting his undergraduate degree in communication design from IIT Guwahati, Punit pursued an MS at Georgia Tech, where he majored in human–computer interaction. Punit then joined Atlanta-based Endeavor Telecom Inc, a field service startup, where he spent seven years. When Endeavor was acquired, Punit decided it was time to move on and start something from scratch.

Punit had been trading in the stock market on an active basis for almost three years, with some degree of success. He attributes his trading success on his analytical abilities coupled with his extensive network of traders spread across the U.S. and the rest of the world. During his trading tenure, Punit recognized the power of being connected with the right traders and decided to build a platform to make this process easier.

Krishan is a hacker by nature and is known for his love for solving real-life problems. Krishan studied computer science at IIT Roorkee, where he was the overall coordinator of IIT Roorkee’s technical festival. He then worked for DE Shaw, a technology-driven hedge fund that was a great place to learn about technology and finance at the same time.

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