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.
Hello Traders. We’re excited to continue bringing you live, automated trading so that anyone interested can watch this next generation technology as it’s being deployed. We’re getting a ton of questions on strategies that you are seeing. The strategies are all developed using existing Trade-Ideas alerts and filers. The way we come up with strategies is through a rigorous process of back-testing and forward-testing. We take a look at what produces the best results and try to find the type of strategy that can translate well from back-test to live trading. Many people simply ask us if they can buy or have the strategies that we are showing, and we always reply the same way; we do not sell the strategies that you see. As a trader, what you want to do is to be able to create these strategies yourself using Trade-Ideas Pro and the Oddsmaker. If you can learn how to do it and it’s not difficult, you will have the capability of creating systems to trade in any market. One thing we know for certain is that the market will change, and when it does we’ll simply adjust the existing strategies or add new strategies that are able to cope. As you watch the robot trading, you notice that it’s unemotionally entering and exiting positions. This is the part that really helps us take advantage of the moves that we are looking to capture. We know it would be very difficult for us to try to send out so many orders to buy and short early in the morning. So, doing it robotically is virtually the only way. The fact that our computer is always instructed to make sure that we do not lose too much money in any one trade is the other critical component. Simply, we know ahead of time that we may be in a situation where the market doesn’t turn out the way we hope but there will not be any one trade that hurts us too much. That part of the game is probably the most important. As you can see from watching the P/L, we also know that sometimes there are drawdowns and that’s a normal part of trading this style. The real key is to be hands off and let the automation do what it does. Many people watching have been asking us what does it take to get set up? The answer is simple. You need an active subscription to Trade-Ideas and you need to have the OddsMaker enabled on your account. The Oddsmaker is a one-time fee of $1100, unless you are a TD Ameritrade customer where you have a special rate. In addition to the Trade-Ideas tools described earlier, you will also need to have an account at either TD Ameritrade, Assent LLC, Interactive Brokerage, or MB Trading. I’m going to speed up the remainder of this video so that we can watch in fast motion the blotter action of this trading day. Today, we are operating in a gray box fashion. We are automatically placing orders to initiate positions and automatically placing respective stock orders, but today we’re going to manually control our exit based on market conditions. Our optimized back-testing results indicate that our exits should be 15 minutes after the market open. Depending on these market conditions, we’ll initiate our exit of long and short positions. Let’s jump ahead to that scheduled exit. Both are open longs and open shorts are positive, but because the market is moving higher, we are going to exit our shorts now and see if we can squeeze a little more from our long positions. Let’s move ahead seven minutes at which time we’ll exit our long positions. To summarize our trading day, we pulled $824 out of the market on 27,000 shares. We’ll continue to bring you more of these videos in the coming year, but for now, we hope you enjoy watching the Trade-Ideas automated stock.
