This page provides transcripts and keywords from some of our videos. The preferred way to see the videos is to go directly to our YouTube page. And see additional videos on our StockTwits page. These transcriptions and keywords are primarily aimed at helping you find a video using Google and other automated search tools.
Today we will be holding a automated trading session using Trade-Ideas automated trading Robot with the TD AMERITRADE trading account. We are going to be learning six strategies this morning, three longs and three shorts and these strategies only run for the first 15 minutes of trading, so lets take a look at how we do it. Right now there are approximately 5 minutes before the opening on all the trading strategies started to go automatically. If we take a look at the Trade-Ideas robot TD AMERITRADE configuration page you can see that you have automatically selected Open Positions and automatically selected Close Positions, so this trading system is going to be run hands free unless something drastic happens and forces me to go in there and adjust something , otherwise what you see is the realized and the unrealized P&L and the totals come in this link . You can tell that you are connected to Trade-Ideas and there are several windows that are open in this configuration obviously this is done a little bit smaller than what I would normally use because I am doing this has to be available on UTube and all the other places so again the screen resolution has to be of certain size. If we take a look at the strategies tab you can see that these are the names I am going to stretch it out a little bit , these are the names of the strategies we already have , here is the 3 longs % Down, Run for the first 2 minutes, exit 15 minutes, entry bid 5 cents below the bid, so what we are doing here is for the long stocks we are looking to buy by bidding 5 cents below the bid at the time of the alert, for the short, because generally the markets has been negative, a little bit more aggressive, what we will be doing here is when a short opportunity presents itself during the offering 5cents below the offer, I am going to retain between the best bid and asked price. Here I am going to show you how the Trade Instructions are setup for both of these strategies and the trade instructions are basically the same . I am going to bring in the trade instruction screen, for the shorts we are going to be entering 50 share lots again this is just to test these strategies and we are going to cover it if the price goes up $2 against this and I am setting the risk to $100 on the trade . Order type the limit orders and we are entering at 5cents below the best offer , we are going to receive potentially 25 signals per every strategy, we are going to alter this to 15 minutes and we are going to start at 6.30am which is the west coast time and that’s the open and we are going to end this strategy getting more positions 2 minutes after the open , so we are entering and exiting positions for only 2 minutes, we are holding a total of 15 minutes so after the first 17 minutes of the market the trading day is done and again this is what the trade instructions look like for the short. Now, I will click on the longs and use the trade Instructions, the same thing for the long , 50 shares, slightly smaller stop of 1.5 it is a limit order and a limit bid minus 5 cents, so 5 cents below the best bid and the same instructions here, the hold time is 15 minutes. Now close this window and we are almost ready with it. Ok we are approximately half a minute away from the market open so I am going to let the system run and let’s see what happens. We entered our first trade CECO is moving up, we are up $2.50 now, down $1.50 its basically how it looks like. Ok we entered into NICE so with long 50 shares of CECO and long 50 shares of NICE. These are all the open orders that we have in right now and you can see there is a lot of orders, for short lot of orders. For long, this is our total P&L so far $7.50 getting close to finishing the part of our trading way, we can add more positions. You can see the P&L, this is one of the green arrows, both up and down moves, this is to help you get a sense of where the money is in your trading strategy . Based on the time we are not going to be in any more stocks because we have passed the 2 min limit point . So for trading 50 shares we are now up one point total, one, two, three, four, five, six, seven positions and again we are going to be holding these for 15 minutes total so at approximately 3.47 we will be out of everything so we will see what happens.
Right now since right most of the stocks have been generally going in our favor we are once more considering that long position in CECO on the other stocks with short are doing pretty good and we are just up almost some points. So again we are going to imagine that we were trading a 100 shares right now we will up to a $100 and trading 300 shares we will be up $600 that’s going to be how we should take a look at it. If its 150 share lots we are up $108.75, and again this is just a good way for you guys to see that sometimes some of the better moves are happening early in the morning and notice that we placed a lot of different orders to be allowed to get into these trades . One of the things we discussed in terms of the management of automated trading specifically in the style as it is very difficult for one person to be able to look at much of these different stocks are built to place these trade so quickly early in the morning. So what we do is we try to again create the tools to help you be able to do that and this is again just a simple demonstration of what that looks like, so that if every one knows all these trades are completely real, this is real money no demo trading, every thing is on the line. We are doing this testing so you can see that money can be made in this difficult market despite what a lot of people suggest, so again real trades, real capital on the line for them and so far so good . Notice that in terms of all these stocks, you should notice that for every single stock that we have positioned here in, lets see a total of 1, 2, 3, 4, 5, 6, 7 positions 2 longs and 1, 2, 3, 4, 5 short. Notice however that every single one of them has a stock in them, so we are trying to really make sure that we are not pretty hard sells in any one position so that no matter what we are going to be stumped out if some thing bad happens. We approximately have about 6 more minutes in all these trades and after that the system will automatically accept all the trades by itself, just so that every one is aware even though we are with the training tutorial only for demonstration purposes we are going fully automatic . The recent option for any body to be able to click on any of these symbols that you have and you can use simple windows control keys like for example like I go like this, I just click on any of these stocks and I can press any of the buttons but I can flag the positions . I can cut them in half and I can double them so even though, I have set up for complete automation I am not confined to it even if I had to I could get out of these trades and I could again take my profits right now. As you can see I am somewhere hovering between 3 points to 4 points so that’s the current profit right now. Some of the trades might be exited a little bit earlier because again we got into some of them right at the open, so probably 2 minutes on some and a little bit more on some of the others, but roughly speaking again we have somewhere between 3 and 4 minutes left for the whole trading day, this is all that we are doing . Using our backtesting tool called the OddsMaker we know that best odds of trading, some of these strategies just happen to be only in the open. So we don’t need to sit there all day long glued to the market. You can do it whether you are at work or even the west coast time you are done with before you even go to work, So this is not necessarily replaced your job or replaced anything else that you are doing, this is just simply a way to show you that you can be in more than one place at once while still being able to watch your risk and maintaining everything there that it is that you are doing, again and obviously not every day its going to be like this were literally every trade is positive , but the reason that we backtest these strategies and the reason that we are able to do as well as we do is because we are in a different market . Today’s market is a volatility based market, a market that has a lot of opportunity but only if you have the ability to take it down advantage of it. We want show you the tools to be able to do that , it is a combination of using the Trade-Ideas signals, being able to backtest those signals, but of course at the same time you have to simply have to be able to act on those signals quickly and we allow you to do that by connecting directly to your broker, in this case we are doing this in a TD Ameritrade trade but there are other alternatives there is interactive broker we are about to allow you to connect to MB trading and there is also options for direct taxes, connections to Accent and a couple of other broker dealers in the work such as Genesis, so there is a lot of opportunity to get yourself connected to this trading setup . Here you can see that the robot is starting already to take profits because again our time is up on some of these trades so we have realized most of the point and we are still in 3 short positions so far and now we are completely flat the day that’s it, we have no more trades. I am trading 50 share lots we got out with approximately almost 4 points, so 3.7 points. So, just consider that if you are trading 100 share lots, 200 share lots, 300 share lots, this is a strategy that again that’s no rocket science just one that we devised, this was all real money and we just quite the day and made this video and this is the result . We hope you enjoyed.
