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sensex,nifty,market » Technically Speaking » Automated Trading » Advantages

Automated Trading A forum for developers to talk about designing, building, testing, and running Automated Trading Systems.

 

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Old 07-17-2008, 06:39 PM   #1 (permalink)
 
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Join Date: Jul 2008
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Thumbs up Advantages

Advantage 1: Identify and react to opportunities faster
No more missing a trading opportunity just because you aren’t staring at the right chart closely enough. Or wasting precious seconds entering an order manually while the market moves away from you. Using the superior processing speed of your computer, TradeStation is designed to monitor the markets, seek and identify trading opportunities based on the trading rules you’ve specified—and then send your buy, sell, and even your cancel orders—within fractions of second to all major ECNs and exchanges. And when seconds can mean the difference between a big gain and a disappointing trading loss, we believe you'll find this a significant advantage.

Advantage 2: Track more markets than ever before simultaneously
No longer do you have to be glued to your screen, trying to keep up with each stock at once. TradeStation gives you the power to monitor dozens or even hundreds of securities at once—and do it more efficiently—than ever before. It's designed to follow multiple markets for you easily, no matter how complex your trading strategies are, or how precise your trading rules are. That means that you can include multiple conditional entries and exits, profit targets, protective stops, trailing stops, and more in your strategies, and have them all automated simultaneously.

Advantage 3: Reduce emotions and increase your trading discipline
How often have you missed a trading opportunity simply because you hesitated too long…or watched your profits disappear because you held out for more profits, instead of sticking to your planned exit strategy? There’s simply no doubt that emotions can be your worst enemy when trading. TradeStation helps you combat your emotions by helping you get into the market—and out of it—all based on the historically tested strategies you design.
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