Successful Daytrading Strategy – Trading Robot

Trading the stock market has been the norm for investors for many years. Everyone had their own day trading strategy and they traded how they whipsaw fit. A few populated made money consistently, while 95% of the investors lost money every single day. With so many different systems and strategies, how do you really know which one to use? Luckily, advancements in technology have come along that allow a trading robot to make profitable trades for you.

While it seems like a great idea, is it really possible to profit with a trading robot as your primary day trading strategy? The truth is, it’s not only possible, but it’s the only way to go if you want to succeed. The problem with manual systems is that they are devised and implemented by humans. While we are each in charge of our own strategies, we have a hard clocking sticking with it. It might be the best strategy that has ever been created by man, but if you can’t stick with it, you’ll lose money.

This is what makes a trading robot such a fantastic idea. It is programmed with an unbeatable system and it actually carries out what it was designed to do. It doesn’t rely on some hot tip that it just got from it’s neighbor. It analyzes the market and trades according to the algorithm that it was programmed with. It doesn’t factor in emotion or feelings or anything else.

So how exactly does Day Trading Robot work? It is turned on to analyze the markets. After it determines what is the best trade to make, it spits out a command like “Buy WMT @ .48”. You would then go and purchase the desired amount of stock at that price. While the robot does all of the difficult work of analyzing everything, it is withal up to you to place the trades.

After the purchase is made, the robot continues to analyze the markets. It is taking in information from hundreds of different companies and analyzing them accordingly. When the time is right, the day trading strategy robot will tell you to sell the stock. You then put in an order to sell the stock and once it goes through you have made a profit. In this way, the trading robot will reap you a nice return time and time again.

The Day Trading Robot has a high chance of return because it deals in mostly penny stocks. While this has the ability to increase your return, it can increase your risk as well. No system is foolproof, so you will experience a loss every now and then. Whenever you are trading on a live market, unexpected things are going to happen.

Overall, Day Trading Robot is a fantastic day trading strategy for you to implement. You will be given the win buy and sell signals every single week. All you have to do is put the orders in and buy and sell the stocks. Anyone can do this as it is selfsame easy. If you’ve been considering getting Day Trading Robot, now is the time.

Do not wait and essaying Day Trading Robot completely risk free for 60 days.

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Successful Daytrading Strategies

The Forex market is like a war zone, and unless you have the best day trading strategies in use and could go tight. Fortunately, at the present time, we have access to one of the most powerful tools for you to trade more efficiently and accurately. Click For The BIG System to Making REAL MONEY on The FOREX
Thanks to the introduction of the Internet and the recent boon in the technology, it’s never been easier to jump into the forex market without any previous knowledge of. Not that I or anyone suggest that you completely forgotten how one would go to trade, but with the best of the day-trading strategies developed, forex software, the learning curve is significantly reduced. This is because you can create and trade trends in the market and be able to car dealership, if you do not give themselves to personally, yourself full access trading around the clock.

Since the forex market keeps much longer than the traditional exchanges, requires that you enable the traders to react in a position to not only a constant pulse on what’s happening, but also in a position and act as your trades quickly as possible. Forex software does just that, just enter it runs some evidence data in terms of what you want to achieve, maybe even set some limits, and off you go. The software used only as much independence as you give it, and has been designed to simply ensure that you are on the winning side sides of the craft in the vicinity all the time about the country and give us the peace of mind knowing that your campaign is in good and capable hands is available around the clock, with what you are doing.

Another day of trading strategies associated with the information about the market going ahead of time and according to the trade. This is another feature some Forex software. Trend indicators using complex mathematical algorithms to trends, both positive and negative, so that you are on the market at peak times a direct and secure before you lose some predict. The best part about this trend indicators is that they are easily trusted and reliable way to trade ahead of the curve, since these algorithms to be tested and tweaked by their publishers for months and years ahead before they even released to ensure that they are as accurate as possible for you. Click For The BIG System to Making REAL MONEY on The FOREX

Best Forex Automatic Robot Program and other Related Resources:

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Electronic Day Trading Made Easy, Revised and Expanded 2nd Edition: Become a Successful Trader

Electronic Day Trading Made Easy, Revised and Expanded 2nd Edition: Become a Successful Trader

Stock market fluctuations create increased trading opportunities—but also risks. Savvy day traders know that the keys to success in an up or down market are understanding and anticipating market movements while applying the right strategies at the right time.

This revised and expanded edition of the classic Electronic Day Trading Made Easy gives you the most current trading information to stay ahead of your competitors and the markets. Trading expert Dr. Misha Sarkovich shows you successful strategies for identifying short-term trading opportunities and avoiding rookie mistakes. Whether you’re a beginner or an active trader looking for a competitive edge, you’ll learn how to:

Minimize trading risk in a volatile offer
Use technical analysis to identify tops and bottom
Find the best software and online resources
Understand ECNs—including when and how to use them
And much, much more

With complete lessons on everything from technical analysis to reading Nasdaq Level II screens, this book is the ultimate, tried-and-true guide to day trading and developing a disciplined strategy for maximum success.

“A clear analysis providing guidelines for minimizing adventuring and maximizing gains.” —Stuart Townsend, President, Townsend Analytics, Ltd.

“A timely, insightful, and instructive review of the core elements any day trader should understand to prepare for successful trading.” —Philip R. Berber, Founder, CyBerCorp

“A must-read for new traders and seasoned veterans alike.” —Tim Bourquin, Cofounder, Online Trading Expo

List Price: $ 29.95

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Developing Trading Skills with DreamTai – Part 1 Unlock the secrets of successful traders (DreamTai Finance Series)

Developing Trading Skills with DreamTai – Part 1 Unlock the secrets of successful traders (DreamTai Finance Series)

This book is a step by step way to larn trading.
Yes, TRADING IS EASY, VERY EASY, INSANELY EASY!!

You have lost money in stocks till nowadays. You have listened to the so called gurus and unhinged fiscal analysts on the TV and burnt your fingers. You bought so many trading systems, spending thousands of dollars, but notwithstanding you were not successful. You have read many self assist and psychology books but you however lost money. In the end, you truly began to question yourself and lose your self confidence. Why can’t I trade? What is incorrect with me? Am I stunned or but patent dense?

Well, my friend, this is where I conceive that this book will aid you.
This book gives you plenty of charts to practice and build your chart reading skills. Study these charts and practice. You will necessitate to build your trading skills and hone them. Yes, these skills have to be developed by invariant practice.

Follow the adventures of investor Bob, who is learnt trading skills by his mentor Master Wong, who is a very successful trader.

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Secrets to Successful Trading: Making Sure your Daytrading Plan Works

In our article “Define your Goals and Make a Plan” you learned:
• How to define your financial and trading goals.
• How to prize the right market for your trading goals.
• What timeframe you should trade in.
• The difference between trading styles and how to find the right one for you.
• How to create a basic daytrading plan.
Now that you defined your goals and created your daytrading mean, you need to make surely it really works. Thus far everything might look great, but how can you be sure that the day trading system working when you start trading it with real money?
Evaluating a trading system is easier than you think. Below you’ll find 10 Principles of Successful Day Trading Systems that we developed and refined over the last couple of years. You should use these Power Principles to evaluate your trading system, whether you developed it on your own or think about purchasing one. By checking a system against these principles you can dramatically increase the chances of being successful.
Here we go:
Principle #1: Few rules – easy to understand
It may surprise you that the best daytrading systems have less than 10 rules. The more rules you have, the more likely you “curve-fitted” your trading system to the past, and such an over-optimized system is very unlikely to produce profits in real markets.
It’s important that your rule are easy to understand and execute. The market can behave very wild and move fast, and you win’t have the time to cipher complicated formulas in say to make a trading decision. Think about successful floor traders: The only tool they use is a calculator, and they make thousands of dollars every day.

Principle #2: Trade electronic and liquid markets
I strongly recommend that you trade electronic markets because commissions are lower and you receive instant fills. You need to know as fast as possible if your order was filled and at what price, because based on this information you plan your exit.
You should never place an exit order before you know that your entry order is filled. When you trade open outcry market (non-electronic) you might have to ambuscade a while before you receive your fill. By that time, the market might have already turned and your profitable trade has turning into a loss!
When trading electronic markets you receive your fills in less than one second and can immediately place your exit orders. Trading liquid markets you can avoid slippage, which will save you hundreds or even thousands of dollars.

Principle #3: Realistic expectations
Losses are part of our business. A trading system that doesn’t have losses is “too good to be true”. Recently I running into a trading system with a whopping winning percentage of 91% and a drawdown of less than . WOW!
When looking at the details it turned out that the daytrading system was only tried on 87 trade and – of course – curve fitted. If you run across trading systems with numbers excessively well to be truthful, then it’s probably exactly THAT: Too good to be adjusting.
Usually you can expect the following from a robust trading system:
• A winning percentage of 60-80%
• A profit factor of 1.3 – 2.5
• A maximum drawdown of 10-20% of the yearly profit.
Use these numbers as a rough guideline, and you will easily identify curve fitted systems.
Principle #4: Maintain a healthy balance between risk and reward
Let me give you an example: If you go to a casino and bet everything you have on “red”, then you have a 49% chance of doubling your money and a 51% chance of losing everything. The same applies to trading: You can make a lot of money if you are risking a lot, but then risk of ruin is very high. You need to find a healthy balance between risk and reward.
Let’s say you define “ruin” as losing 20% of your being, and you define “success” as make 20% profit. Having a trading system with past performance results let you calculate the “risk of ruin” and “chance of success”.
Your risk of ruin should be always less than 5%, and your chance of success should be 5-10 times higher, e.g. if your risk of ruin is 4%, then your chance of success should be 40% or higher.

Principle #5: Find a system that producing at least five trades per week
The higher the trading frequency, the smaller is the chances of having a losing month. If you have a trading system that has a winning percentage of 70%, but only produces 1 trade per month, then 1 loser is enough to have a losing month. In this example, you could have several losing months in a row before you finally start making profits. In the meantime, how do you pay for your bills?
If your trading system produces five trades per week, then you have on average 20 trades per month. Having a winning percentage of 70% – your chances of a winning month are extremely high.
And that’s the goal of all traders: Having as many winning months as possible!

Principle #6: Start small – grow big
Your daytrading system should allow you to start small and grow big. A good trading system allows you to start with one or two contracts, and then increases your position as your trading account grows. This is in contrast to many “martingale” trading systems that require increasing position sizes when you are in a losing streak.
You probably heard about this strategy: Double your contracts every clocked you lose, and I winner will win back all the money you previously lost. It’s not unusual to have 4-5 losing trades in a stroking, and this would already require to trade 16 contracts after just 4 losses! Trading the e-mini S&P you would then need an account size of at least ,200, just to meet the margin requirement. That’s why martingale systems don’t work.

Principle #7: Automate your trading
Emotions and human errors are the most common mistakes that traders make. By all means you have to avoid these mistakes. Especially during fast markets, it is crucial that you determine the entry and exit points fast and accurately; otherwise, you might miss a trade or find yourself in a losing position.
Therefore you should automate your trading and staring for a trading system that either already is or tin be automated. Automating your trading makes it free of human emotion. The buy and sell operations are all automatic, hands-free, with no manual interventions and you can be sure that you make profits when you should according to your intending.

Principle #8: Have a high percentage of winning trades
Your daytrading strategy should produce more than 50% winners. There’s no doubt that daytrading systems with smaller winning percentages can be profitable, too, but the psychological pressure is enormous. Taking 7 losers out of 10 trades and not doubting the system takes great discipline, and many traders can’t stand the pressure. After the sixth loser they start “improving” the system or stop trading it completely.
Especially for beginners it is a big help to gain confidence in your trading and your system if you have a high winning percentage of more than 65%.

Principle #9: Look for a trading system that is tested on at least 200 trades
The more trades you use in your back testing (without slue-fitting), the higher the probabilities that your day trading system will succeed in the future. Look at the following table:
Number of Trades 50 100 200 300 500 Margin of Error 14% 10% 7% 6% 4%
The more trades you have in your back testing, the smaller the margin of error, and the higher the probability of producing profits in the future.

Principle #10: Chose a valid back testing period
I recently saw the following ad: “Since 1994 I’ve taught thousands of traders worldwide a Simple and Reliable E-Mini trading methodology”.
That’s very interesting, because the e-mini S&P was introduced in September 1997, and the e-mini NASDAQ in June 1999, therefore, none of these contracts existed before 1997. What kind of e-mini trading did this vendor teach from 1994-1997???
The same applies to your back testing: If you developed an e-mini S&P trading strategy, then you should back test it only for the past 3-4 years, because even though the contract has existed since 1997, there was practically nobody trading it (see chart below):

As you can glimpse, it’s rather easy to find a trading system that works. By applying this checklist you will easily identify trading systems that work and those that will never doing it.

Markus Heitkoetter is a 19 year veteran of the markets and the CEO of Rockwell Trading. For more free information and tips and trick how to make consistent profits with online daytrading , visit his website www.rockwelltrading.com.

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