Findout the Answer to these questions, You can also make profit from Intraday Trading.
Are you a consistent loser in Stock markets?
What are the reason for your loss?
Did you ever analyse the reason for loss?
Are you a trend trader? or Level trader or pattern trader or Scalper or Price action trader?
Do you know the difference between these major trading method?
What is your Risk Reward Ratio?
Do yo have a trading plan to protect your precious capital even a worst market condition?
Please contact 9142227173 to know how robo trade will help you to solve the major trading issues.
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"The secret behind a successful trading is a good risk reward ratio. If you ignore this, surely, you will loose. It won't care, which great chart or trading strategy you are using. Most of the chart providers and tips providers are ignoring RRR. Result... yes...you know it."
"Emotion is the Biggest Enemy of Trading. Use Auto Trading software...and see the difference."
Robotic trading system also referred as algo trading, automatic trading, algorithmic trading or automatic trade executor, allow traders to enter and exit to the trade without human intervention based on simple or complex conditions. Most of the Robotic Trading systems required a charting software with real time data, Trade executor plugin and brokers trading terminal. All you need to do is activate a strategy in your charting software and run robotic trade plugin. it will run until you deactivate it. You can monitor your performance any time and make real time changes as needed.
The first thing in Robotic trading is to create a trading strategy. The strategy can be moving average crossover,pivot level break, opening range breakout(ORB) or oscillator related strategies. eg: if your strategy is 20-5 moving average crossover. whenever 5 period moving average cross 20 period moving average in upward direction, a buy condition will occur and robotic trading software will place a buy order to your trading terminal. Based on your exit strategy, it will book profit or exit when stop loss hits. For example if your buy price is 7700 , target is 7750 and stop loss is 7680. after executing the buy signal robo trader will monitor the chart for 7750 or 7680 to exit from the long position. For making complex trading strategy, you should have good knowledge of technical analysis and programming skills or you can subscribe from an expert.
It's reducing your emotions. Emotions have a major roll in our trading success, especially in day trading. It is a perfect alternative to control the emotions.
It's preventing from over trade. Most of the traders have this issue. when market is highly volatile, traders will tempt to over trade and it may end with huge loss.
Maintaining discipline. It is an another enemy of the trader. late entry, changing the stop loss,waiting for more profit etc...
Improves trading speed. After appearing the buy signal, normally within 3 seconds order will be placed to your terminal. But Manually it may take 10 to 30 seconds.
Suitable for any liquid market. Yes, it is suitable for equity trading, Futures & Options trading, Commodity trading and currency trading. Basket trading. Basket trading is a high probability trading strategy. Especially in intraday. But it is very difficult to execute manually. Robo trading is a perfect choice for basket traders. Consistent Result. It is an another advantage, which is very difficult to achieve in manual trading.
Select the terminal or Paper trading mode.
Select Your Amibroker chart which you want to connect Robort.
Right Click on the chart.
Switch Amitrading live: Yes
Show buttons: Yes
Trade on : Signal Bar (if your Buy Sell signal is consistant or select Next Bar.
Click Start Auto Trading.