There is a very unusual story floating around on the internet.

It is about 2 “geeks”, named Michael and Carl who developed a commercially available stock picking “robot”. Michael (the programmer) named the robot “Marl”.

 

Marl came about after Michael developed the famous “Global Alpha” computer stock trading model, while contracted to Goldman Sachs; a piece of software which is responsible for a reported 4,000,000,000+ trading profit.

After the Global Alpha software project was completed, Michael looked for a new way to put his skills to work. Unfortunately he had signed a Non Compete and NDA agreement with Goldman Sachs, forbidding him to create software which trades derivatives and similar financial instruments (like Global Alpha).

However, after 3 weeks Michael suddenly found himself very wealthy and very bored… So he decided to start a new project by developing software which can run on any home computer, and manage funds between $100 and $500,000.

By managing such a small comparative amounts, Michael’s new software would not violate his Non Compete and NDA agreement with Goldman Sachs and would actually be capable of yielding much higher returns. In fact it is designed to trade in the volatile penny stock market where stocks can increase 400% in a matter of minutes.

It must work a little too good in the eyes of some because the two geeks from Miami apparently had to swear under oath that their stock trading robot was not illegal.

Read about how you could use this robot to earn thousands of dollars…