ECHOTRADE ANNOUNCES REVOLUTIONARY NEW SOFTWARE FOR PROFESSIONAL TRADERS -- Predator Pro Provides Platform for ECHOtraders to Automate Their Own Strategy

ECHOtrade(tm) today announced the availability of Predator Pro(tm), a new software platform that offers professional traders a way to automate trading strategies. Predator Pro allows traders to customize and apply strategies to a much larger quantity of stocks than they are able to monitor manually.

Chicago, Illinois (PRWEB) July 13, 2003 -- ECHOtrade(tm) today announced the availability of Predator Pro(tm), a new software platform that offers professional traders a way to automate trading strategies. Predator Pro allows traders to customize and apply strategies to a much larger quantity of stocks than they are able to monitor manually.

Created by professional traders, Predator Pro has key strategies built into the advanced tick filter/stock analyzer system that traders can utilize, or they can enter their own strategies, sit back and let the computer trade for them. The computer simply enters and exits any stocks that match the applied criteria. Once the program is set up, the traders role becomes one of monitoring the computer and active trades, then adjusting the criteria or program as necessary. This is the first platform available that not only automates all entries, but also automates all exits.

Predator Pro automates the key aspects of trading, including opening orders, envelopes, basket trading, gap finding and auto-gap entries, spreads and pairs, and sector trading. The program also contains advanced controls, including ECHOfiltersä, the proprietary bar-filtering method that shows real-time V-returns to high, V-returns to low, inside reversals, approaches, and more.

Traders can do advanced position management and hot/cold sector trading, as well as use the S&P futures monitoring tool to avoid orders being sent on the wrong side of a futures move. Other built-in tools allow traders to rank the top stocks beating their average daily volumes, and the top last 15-minute volume spikes.

All ECHOtrade traders are invited to try out Predator Pro for one-week at no charge. This special trial includes all components of the program. Subscription packages are designed to offset programming fees for continuous upgrades and enhancements that are released weekly, and range from $50 on up per month depending on which components of the software are selected. This offer and software are available to ECHOtrade members only.

Visit www.predatorpro.com for more details and to download the free, one-week demo. Contact Rob Keller toll-free at 866-700-ECHO ext. 107 for questions or Dan Salamone at 312-260-5712 for help with software set up.
   
ECHOtrade is a professional trading firm dedicated to the needs of the serious, off-floor trader. While only professional traders may open an account, the company also sponsors new traders interested in obtaining their Series 7 license to pursue trading with the company. For more information, visit http://www.echotradeonline.com or call 866-700-ECHO.

(c)2003 ECHOtrade, LLC. All rights reserved. ECHOtrade and ECHOfilters are registered trademarks of ECHOtrade, LLC. ECHOtrade is a member of the Philadelphia Stock Exchange. ECHOtrade does not solicit retail accounts. Please note that trading securities involves substantial risk and there is no guarantee that your trading will be profitable.