Auto-Trading Doesn’t Listen When You Whine
Source: http://marketmovers.blogspot.com/2008/12/auto-trading-doesnt-listen-when-you.htmlPosted on Wednesday, December 17th, 2008 | In Stocks to Watch
The best athletes use coaches who don’t give up when their performer wants to quit. They carve out the negativity and bad habits of the athlete and leave nothing but the will and the means to win.br /br /As our coach, the Auto Trading Bot, makes us a better trader.br /br /The latest videos from Monday, December 8th and Friday, December 12th are posted on the a href=”http://www.youtube.com/TradeIdeas”Trade-Ideas YouTube Channel/a. Our approach with the automation is to use 3 Long strategies and 3 Short strategies (not necessarily the flip of the other). These strategies are run through our backtesting module, The a href=”http://www.trade-ideas.com/OddsMaker/”OddsMaker/a, to ensure high odds of success before a dime of capital is committed.divbr //divdivMonday was our 1st attempt of a Battle of the Bots! Watch as we pit two automated trading plans against each other: a tortus and a hare. You can guess who wins.br //divdivbr //divdivFriday saw us rack up an impressive $861.46 in just 15 minutes time. Watch how the blotter turns positive as the market initially gaps down, then fills the gap and continues onward. At one point we’re down $900 in unrealized losses (but with protective stops on all trades). Skip to the 1:00 minutes mark to see The OddsMaker results of the strategy being traded. These are good results to imulate. /divdivbr //div divdivspan class=”Apple-style-span” style=”font-weight: bold; “span class=”Apple-style-span” style=”font-size:large;”Monday, December 8th/span/span/divdivulliTrade-Ideas Automated Trading Bots executing trades via the Anvil platform through Assent Brokerage (Trader A and Trader B)!/liliTrader A Lot size: 200 share lots per trade/liliTrader B Lot size: 50 share lots per trade/liliTrading rule: 3 Long and 3 Short strategies. Hold positions for 15 minutes after entry trading only the 1st 2 minutes of the open/liliTrader A Results: Gross Profit of $768.00 in 29 positions/liliTrader B Results: Gross Profit of $382.13 in 70 positions (8000 shares traded)br /br //liliSee the video in 5 minutes: a href=”http://www.youtube.com/watch?v=RHmgepmICecamp;feature=channel”http://www.youtube.com/watch?v=RHmgepmICecamp;feature=channel/a/li/uldivspan class=”Apple-style-span” style=”font-weight: bold; “span class=”Apple-style-span” style=”font-size:large;”Friday, December 12th/span/span/div/divdivulliTrade-Ideas Automated Trading Bot executing trades via the Anvil platform through Assent Brokerage /liliLot size: 200 share lots per trade/liliTrading rule: 3 Long and 3 Short strategies. Hold positions for 15 minutes after entry trading only the 1st 2 minutes of the open/liliResults: Gross Profit of $861.46 from 57 trades ($200k buying power used)/liliSymbols traded: Partial list (TWLL, GLBC, WGOV, LMNX, DBTK, ARLP, LKQX) br /br //liliSee the video in 4.5 minutes: a href=”http://www.youtube.com/watch?v=SPa1zF2Nptc”http://www.youtube.com/watch?v=SPa1zF2Nptc/a/li/uldivspan class=”Apple-style-span” style=”font-size:large;”span class=”Apple-style-span” style=”font-weight: bold; “Notes:/span/span/divdivulliMake sure to see the videos in span class=”Apple-style-span” style=”font-weight: bold;”span class=”Apple-style-span” style=”font-size:large;”high quality/span/span (link below the volume)/liliSee the a href=”http://www.youtube.com/user/TradeIdeas”Trade-Ideas YouTube Channel/a that features these videos and those of previous days/liliInterested in automated trading through TD AMERITRADE? Visit a href=”http://www.trade-ideas.com/TDAmeritrade/TD_AMERITRADE_and_Trade_Ideas.html”our special offer/a for you/liliInterested in automated trading through Assent? Email a href=”mailto:info@trade-ideas.com”info@trade-ideas.com/a for details/liliLessons learned from automated trading that can save you time amp; $$ up the learning curve: a href=”http://blog.stocktickr.com/tag/automated-trading/”Dave Mabe of Stocktickr/a/li/ul/div/div/div
Last 5 posts by David Aferiat
- Tooltip: Spank Father Time While Improving Your Trades - November 5th, 2009
- Format and Themes for Upcoming StockTwits Episodes Videos - October 27th, 2009
- Signposts: A Method of Market Forecasting Which Strategies to Employ - October 26th, 2009
- New Version of Trade-Ideas iPhone Application is Now Available through iTunes - October 14th, 2009
- Like Gump But Without The Smarts: More SOES Stories Trading Lessons - October 13th, 2009
 About David Aferiat (http://www.trade-ideas.com/)
David brings more than 11 years of experience in trading, consulting, software, utilities, capital markets, and consumer product industries. Working with senior officers and key decision makers in the board room, finance, HR, marketing and trading functions, he has advised both public and privately held companies with revenues ranging from $20 million to $14 billion. Work at Trade-Ideas taps experience in business development, customer acquisition and retention, corporate strategy as well as energy trading and marketing. David holds dual Bachelor of Arts degrees in Economics and French from the University of Texas at Austin and a Masters of Business Administration degree from the Cox School of Business at Southern Methodist University. In four years Trade Ideas has grown to over 35,000 accounts in 19 different countries. Hedge funds, Asset Managers, Institutions, Online Brokers, and direct access traders use the software as a premier idea generation, risk management, and decision support tool. |
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