Here’s another great post by Joey, the Downtowntrader. Joey was one of the earliest users of the trading robot. He’s trading the right way – he’s tested for several weeks in demo mode and then graduated to live trading, then trading with size.

He talks about his journey and goes into detail describing what I believe is a recipe for long term trading success. Here are some of the questions he answers:

• Are the results real?
• Does it ever blow up and have a really bad day?
• Is your automated system profitable too?
• How long did it take to develop your system?
• Could you just use trade-ideas and trade the alerts manually?
• Do you intervene with your system?
• Can you use the canned alerts that come with Trade-Ideas?

Incoming search terms:

• downtowntrader stocktickr

Related posts:

1. Joey Fundora’s (DowntownTrader) Investopedia Article
2. Downtowntrader Making Steady Progress with Automation
3. TraderInterviews Talks with Joey – Downtowntrader
4. Automated Versus Algorithmic Trading – Which is it?
5. Different Automated Trading Systems – Which One Is Right For You?