Manual Trading: Best Day Ever, Auto Trading: Not As Good

April 23rd, 2008

It was pure luck, but I increased my R size today and had my best day ever in terms of R. I always plan on the opposite, so it’s nice when this happens.

I’ve heard from several folks for me to share more about my automated trading system and I’m working on a post now that tells more about it. It stunk up the place today, but the software did its job perfectly. The strategies I’m trading are very, very short term compared to what I’m used to and the slippage can be downright nasty. For now I’m content to continue to trade small in my ATS and gather more data. It’s more important to me now to get the software rock solid and work on refining the strategies as I go. It was down around 6R or so today before I cried uncle - at least 3R of that was in slippage. ;-(

I traded TSFG, MOLX, TUP, CERN for winners and JAKK and IVGN were losers. No time to post charts.

Related Posts:

  • Automated Trades +7R, Manual -2R
  • 100% Fully Automated? I’m Leaning That Way
  • Why Automated and not Another Manual System?
  • Leave a Comment

    Subscribe without commenting