
Owner, RemoraTrade.com
Charlotte, North Carolina Area

Owner, RemoraTrade.com
Charlotte, North Carolina Area
I have 25 years of experience developing software for the Mortgage Servicing Industry. When the company I worked for went bankrupt in October 2006, I started my own company - www.RemoraTrade.com; A low risk, high return investment software engineered strategy for trading Stock Options.
The software I've written discovers the "Big Trader (aka Shark)" trades and like the remora I tag along...
I have had success on my own and am perfectly willing to keep running this for myself, but am interested in connecting with investors, venture capitalists, and angel investors who would help me take this business to the next level.
Software development (30+ years), Financial analytical ability (30+ years)
(Investment Management industry)
October 2006 — Present (3 years 3 months)
"Adjusting to a changing environment". That defines our strategy at http://www.RemoraTrade.com
We've identified stocks that are moving based on option and stock volume increases along with price spikes. These spikes can occur prior to news, and can be a harbinger of bigger moves to come.
Option Straddle Trades are the perfect trade in VOLATILE MARKETS or in VOLATILE STOCKS. You can MINIMIZE your risk and MAXIMIZE your profits whether the price of a stock goes UP OR DOWN.
Using our RemoraTrade technology, we find profitable trades and leverage these trades by trading the stock option associated with the directional move of the stock.
Many trading systems try to predict the move in stocks. We don't believe that the move of any stock can be predicted. We do not have the ability to see the future, but we can respond & trade when a stock moves.
Just like a Remora Fish changing to the moves in the direction of the shark it's following, so we adjust to the market.
(Investment Management industry)
2009 — 2009 (less than a year)
(Investment Management industry)
February 1981 — October 2006 (25 years 9 months)
I wrote over 90% of the software application known as Loan Servicing System which at one time managed 30,000 loans with a value of over $2 billion, managed by 50 servicing personnel.
I also managed the IT department and interfaced with upper level management on strategic implementation of IT solutions. I was involved in every aspect of IT in our company from Database Design to Data Mining to Accounting applications to Interfacing with outside financial institutions.
I wrote software from initial design with interaction from users and management to debugging to managing programmers to testing to implementation to training and documentation.
The software developed by US Mortgage handled many types of loans: SFR 1-4, HELOC Loans, Commercial Loans, Wrap-Around Loans, Mixed Delivery Loans, Paycheck Loans, Collateral Loans, Sub-servicer/Master Servicer collections,
(Financial Services industry)
January 1981 — October 2006 (25 years 10 months)
US Mortgage represented over 400 financial institutions: Savings and loans, banks, thrifts, housing agency bond issues, and fiduciary trusts. It serviced loans under a variety of regulatory and agency guidelines and is licensed or approved by FHA, VA, FNMA, FHLMC, GNMA.
Our clients included: ABN Amro Capital, Annuity Fund for Ministers, Arkansas Development Finance, Banco Popular, Bank of America, Bank of New York, Bank of the West, Bayview Financial Trading Group, Citibank, City of Phoenix, Etrade, Federal National Mortgage (FNMA), Equity Bank, Fifth Third Bank, Firstmerit Mortgage Corp., Freddie Mac, Ginnie Mae (GNMA), Guaranty Federal Bank, HSBC Mortgage, Kaiser Federal Bank, Little Rock Housing, Manufacturers Bank, Mass Mutual Life Insurance, Mid America Bank, Nevada Housing Bond, Ogden City, Partners Trust Bank, Rahway City Development, Regions Mortgage, Silvergate Bank, Sovereing Bank, Suntrust Bank, Third Federal Savings Bank, Voyager Bank, Wachovia Bank, Wells Fargo Bank
(Computer Software industry)
January 1981 — January 1982 (1 year 1 month)
Developed software for small business applications on the Apple II + computer. Wrote software for small businesses including: Hof's Hut Restaurant, Bill's Florist, Long Beach Engineering firm, private commodities trader, Inventory Management, etc.. Location: Long Beach, California
BS , Finance , 1985 — 1987
AA , Business , 1981 — 1985
HS Diploma , High School , 1976 — 1980
Trading Stock Options, Golf, Hiking, Building Websites Keywords: venture capital, angel investor funding, startup, entrepreneur, funding, sports, stock options, proprietary platform, equity participation, innovative, software financial analysis
Church at Charlotte (http://www.churchatcharlotte.org)