I had to run an errand yesterday right at the open, so I couldn’t be in front of my trading screen until 10:30AM ET or so. In my manual trading days, of course, this would have meant a wasted opportunity. Instead, I prepared the automated trading robot and enabled the four strategies I’m trading and went about my business.
When I returned the robot had traded several times and made about 10R without me lifting a finger or even keeping watch. I’ve let the robot run unattended during lunch several times before, but this was the first time I’ve let it trade the open where most of the action is.
The robot does have the ability to send the trades it makes via email alerts, so you could have them sent to your mobile phone or BlackBerry. I turned this feature off though – I didn’t want to have to wonder how each trade was going while I was away.
As I’ve mentioned here in the past, there are so many benefits to automated trading but the ability to have your computer trade normally while you go do something else ranks right up there at the top. What a great feeling!