Trade Ideas Blog

Auto-Trading Doesn’t Listen When You Whine

Dec 17, 2008

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.

As our coach, the Auto Trading Bot, makes us a better trader.

The latest videos from Monday, December 8th and Friday, December 12th are posted on the Trade-Ideas YouTube Channel.  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 OddsMaker, to ensure high odds of success before a dime of capital is committed.

Monday 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.
Friday 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.  
Monday, December 8th
  • Trade-Ideas Automated Trading Bots executing trades via the Anvil platform through Assent Brokerage (Trader A and Trader B)!
  • Trader A Lot size: 200 share lots per trade
  • Trader B Lot size: 50 share lots per trade
  • Trading rule: 3 Long and 3 Short strategies.  Hold positions for 15 minutes after entry trading only the 1st 2 minutes of the open
  • Trader A Results: Gross Profit of $768.00 in 29 positions
  • Trader B Results: Gross Profit of $382.13 in 70 positions (8000 shares traded)
  • See the video in 5 minutes: http://www.youtube.com/watch?v=RHmgepmICec&feature=channel
Friday, December 12th
  • Trade-Ideas Automated Trading Bot executing trades via the Anvil platform through Assent Brokerage  
  • Lot size: 200 share lots per trade
  • Trading rule: 3 Long and 3 Short strategies.  Hold positions for 15 minutes after entry trading only the 1st 2 minutes of the open
  • Results: Gross Profit of $861.46 from 57 trades ($200k buying power used)
  • Symbols traded: Partial list (TWLL, GLBC, WGOV, LMNX, DBTK, ARLP, LKQX) 
  • See the video in 4.5 minutes: http://www.youtube.com/watch?v=SPa1zF2Nptc
Notes:
  • Make sure to see the videos in high quality (link below the volume)
  • See the Trade-Ideas YouTube Channel that features these videos and those of previous days
  • Interested in automated trading through TD AMERITRADE? Visit our special offer for you
  • Interested in automated trading through Assent? Email info@trade-ideas.com for details
  • Lessons learned from automated trading that can save you time & $$ up the learning curve: Dave Mabe of Stocktickr