CoolTraderPro Automated Stock Trading Software
Automated Stock Trading |
Stock Market Investing with Automated Trading
Why Trading Systems?
"Join The Robotic Stock Trading Revolution."
|Robotic Stock Trading is referred to
as the next generation of automated stock trading and is a form of
artificial intelligence technology .
The very first robotic trading system was pioneered by founder/developer Ed Barsano and CoolTrade, Inc.
This is different than simple automated systems that execute trade orders once. A true robotic trader is capable of executing a user-defined trading strategy continuously and instantaneously without any user intervention.
This is what some people call "ez stock market software"!
Algorithmic trading, also called automated trading, black-box trading, algo trading or robotic trading, is the use of electronic platforms for entering trading orders with an algorithm which executes pre-programmed trading instructions (whose variables may include timing, price, or quantity of the order) and in some cases, initiating the order without human intervention.
Algorithmic trading is widely used by investment banks,
pension funds, mutual funds, and other buy-side (investor-driven) institutional
traders to manage market
impact and risk. Sell side traders, such as market makers and some hedge funds,
provide liquidity to the market, generating and executing orders automatically.
A special class of algorithmic trading is "high-frequency trading" (HFT). Many types of algorithmic or automated trading activities can be described as HFT.
A third of all European Union and United States stock trades
in 2006 were driven by automatic programs, or algorithms, according to
Boston-based financial services industry research and consulting firm Aite
Group. As of 2009, studies suggested HFT firms accounted for 60-73% of all US
equity trading volume, with that number falling to approximately 50% in 2012.
In 2006, at the London Stock Exchange, over 40% of all orders were entered by algorithmic traders, with 60% predicted for 2007. American markets and European markets generally have a higher proportion of algorithmic trades than other markets, and estimates for 2008 range as high as an 80% proportion in some markets. Foreign exchange markets also have active algorithmic trading (about 25% of orders in 2006). Futures markets are considered fairly easy to integrate into algorithmic trading, with about 20% of options volume expected to be computer-generated by 2010. Bond markets are now moving toward more access to algorithmic traders, as well.
It is estimated that the 300 securities firms and hedge funds that specialize in this type of trading took in a maximum of US$21 billion in profits in 2008.
Why should hedge funds make all of the money? Why should you have to pay a hedge fund to make money? Why should you have to pay a security firm to manage your money?
No more! You can now have supplicated, automated or robotic trading for the home user! You can have the same advantage as those people that have their supercomputers underneath the trading floor, in your tower or laptop computer in your own home.
Algorithmic and HFT have both been the subject of much public debate since the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission said in reports that an algorithmic trade entered by a mutual fund company triggered a wave of selling that led to the 2010 Flash Crash, widely known known as the flash crash event of May 6, 2010
The program that we promote had no problems countering the quick drop in prices on that day. While the Dow dropped 1000 points one software program was trading 81 position short, making money all the way down!
Brokers were pulling their hair out, not knowing what to do or what was even happening. Meanwhile, computers are cool, calm and collected and can execute orders without any emotion.
That is probably one of the biggest strengths behind automated trading. That along with the speed that the program can execute trades (nanoseconds) and the speed at which it can analyze what is going on in the market as a whole and with individual stocks.
WHY Automated Trading?
NOW, let's compare!
There are several Automated Robotic Stock Trading Software available. There are many imitators that pretend to be 100% fully automated.
Automated trading systems typically require the use of
software that is linked to a
direct access broker, and any specific rules
must be written in that platform's proprietary language.
The TradeStation platform, for example, uses the EasyLanguage programming language. EASY? Programming? Really?
A complex TradeStation chart that you are supposed to use.
TradeStation allows YOU to place, modify and execute trades with extraordinary speed and precision. YOU have to do it though their trade desk or manually through your computer.!
TradeStation CAN be set up to execute order but unlike our preferred
software, YOU have to design and set up the strategy and instructions to execute
a trade. TradeStation "is just a tool" according to their sales rep.
NINJA; the NinjaTrader platform, on the other hand, utilizes the NinjaScript programming language.
Wouldn't you prefer a software program that does not use proprietary language?
NINJA Charts; More Charts for you to use!
Analytical tools for YOU to analyze with.
Would you like to play chess or would you rather your computer do it for you?
Ninja has a whole website/blog dedicated to "Support for automated trading systems using NinjaScript. Support for our ATI (Automated Trading Interface) used to link an external application such as TradeStation and eSignal to NinjaTrader." WHAT? WHY?
Wouldn't you prefer a program that does not use NinjaScript programming language? This limits the brokers that you can use and is SO complicated!
Ninja Trader only offers email support!
ZULU STOCK: There own website says "ZuluStock creates its own strategy to buy/sell a stock + Get instant access to top 100 picks & real-time data." Why do you want someone else's picks? Don't you want your computer playing that chess game?
What are YOU going to do with the data?
Another one of their website says, "You choose among the many stock exchange experts and the signals will be automatically transmitted on your account." And then what?
More complex charts and quotes for you to pour over plus detailed charts and more info plus portfolio performance charts,
They gave you 11 different so-called experts to choose from, but remember, these are human beings to and are subject to emotion.
That same websites says, "Zulutrade is not an infallible method to gain out of purse: you follow the orders of experts of the purse but these experts are the human ones above all" Could that be any clearer?
As mentioned above, by the CEO of Tradeworx, the human's brain is not designed for trading and is nowhere as fast as a computer can be!
So many programs out there only consolidate signals and charts and trends but do not analyze for themselves and do the trading 100% automatically, without human intervention and the emotions that ensue.
Tsu-Bot / Tsunami (below) is another option but it has to be monitored during every hour of trading. 5 days a week, because it cannot execute trades on its own.
This is what is showing on the screen when the program announces a buy or sell notice and then YOU have to execute the trade manually!
NYSE, NYSE MKT and NYSE Amex Options are open from Monday through Friday 9:30 a.m. to 4:00 p.m, so that means you are stuck at your computer 32 1/2 hours a week waiting for the computer to speak to you through its speakers, to advise you of a trade possibility.
It will simply announce the trades that you are supposed to do and YOU must
execute them manually.
By contrast, how would you like to find out about a software program that is even better; that truly givers you that free time?
It shows you WHAT is actually happening and how you are making money!
No charts or graphs to confuse you and they are not even necessary!
The right column simply shows when a trade is completed and you have made profit! (Far right column)
Remember the day in May 2010
when the stock market DROPPED by almost 1000 points in just a short period
of time and then rocketed back in just 30 min? Where else or how else could
you liquidate 81 short positions and take a profit in 20 minutes!
If you were not utilizing a robotic trader, you could have never taken advantage of this opportunity!
Watch the video
about Cool Trader Pro and how it did
on Flash Crash Day.
WATCH this short 1 minute video, by Ed Barsano, the creator.
MORE Buy and Hold Stocks vs.CoolTraderPro examples
- Software turns itself on during market hours
- Trades long or/and
- Trades Short and decides when to do either
- In depth stock research tool (but you won't need it)
- You can use proven strategies included in the software or create your own
- Totally Point and Click. Plug and Play ease of use.
- Cool Trade takes profits for you daily.
- WHY and HOW CoolTraderPro works!
This powerful fill-featured includes a REAL TIME simulator. Test the software system LIVE without risking and real money!
No experience is needed and you don't need to know ANYTHING about the stock market to use this unique software.
Trade Architect from TD Ameritrade. No Platform Fees or Trade Minimums!