Automated Trading System; Futures, Stocks, FOREX, its YOUR decision
Hi guys! We earned over 170 ticks today with our discretionary trading model; now let’s review how the auto trader did in these challenging markets today.
Let’s start with Gold Futures, one of our favorite futures markets to use with this auto trader.
Gold had an incredible run this month on the auto trader, you can see the 30 days results are amazing, even though our recent trading today didn’t look so great.
We took 5 trades in the past 48 hours on Gold, 1 winner for 60 ticks and 4 losses at 20 ticks each.
Now under NORMAL auto trading conditions this would NEVER make money in the long run, but we have a secret to our success:
– Only 1.5 trades per day = no getting chopped up
– Low Risk/Reward Ratio, so losses wont kill you
– These numbers are PER CONTRACT, so slippage and commissions are almost a NON ISSUE.
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Now lets take a look at Crude Oil Futures and this automatic trading software…
Crude is one of our favorite markets to trade discretionary, and many people think you could NEVER use an automated trading system to day trade crude oil future…read it and weep ladies n gents.
Today we took a monster winner off the highs on crude oil for a plus 80 ticks, or $800usd, and you can see we are just getting into a long trade here at the end of the morning and looking for our second winner of the day at the target of 89.22.
Low risk reward ratios, never over-trading, and a low cost to get started makes this auto trader something VERY exciting for 2011.
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We cant forget about the Euro futures, and remember this works amazingly well on ANY CURRENCY future, im just using the euro as an example.
The Euro is a lot higher volume, and im using a 21-range chart, so you will NOT see as many trades on the euro, but our results are amazing.
We took only 1 trade the past 36 hours, but you can see it was a nice big winner. Chances are high that once the price action returns to normal after the New Year this automated trading system should produce more trades each day on the euro.
IN the meantime, im pretty excited to make 80 ticks or $1,000usd per contract.
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Please remember, this automated trading system to can be used on anything you wish. I can trade futures, forex, stocks, ETF, the sky is the limit.
I can run this auto trader 24 hours a day, or I can use a smaller account and only trade intra-day, its 200% custom-fit to your trading goals.
Questions? Sales@SchoolOfTrade.com or post the question on the blog.