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  Difference between "Automating trades" and "Automated Strategies"  
     
 

Some claim that StrategyBot is not the only software worldwide to automate trades. The answer is of course right, but StrategyBot is the only known software worldwide until today to implement fully automated trades where the users do not get involved at all, do not have to watch, nor know how to trade. So let us in this chapter explain the differences. Automating a trade is simply preparing all of the parameters of a trade before placing an order. A trader would automate by setting a Buy or Sell value or a MIT value, the Limit value, the Stop Loss value, the Auto Trailing Stop parameters and potentially the same parameters for the next orders following. The trader still has to know if a Buy or Sell has to be placed upon reviewing technical analysis indicators. Simple software applications offer such facilities. Some offer charting for technical analysis against a monthly fee.

Now as opposed to the above, Fully automated Strategies or BotTrading Strategies such as available from StrategyLand Research are different. They are also unique worldwide. They are pre-defined algorithms loaded in an executable software code, which will automatically place Buy or Sell orders without any intervention by the trader or a broker. Once clicked for run by the mouse of a user, the Strategies analyze the market and create orders if the preset conditions of the market are met. They execute for as many days until the trader stops them by a click of the mouse for whatever reason he may decide. These Automated strategies may run for months or years based on the same pre-set parameters until stopped by the user. See how a Strategy is written and which parameters are set for its execution in TBD. Besides with StrategyBot software there is NO monthly fees for the Charting offered nor for the data feeding from the Exchanges.

If you wish to use our automated strategies, you have to make your own choice among our list. We offer automated strategies for monthly rental fees for the following 4 US Futures Contracts only (EuroFx Currency, S&P Index, Nasdaq Index, Russell 2000 Index) and for the following 2 European Futures Index Contracts (Dax 30, EuroStoxx 50). With the same amount of money invested a StrategyBot user can activate Automated strategies for the European market then when these exchanges close daily, the American Automated strategies get running. All automatically for a period of up to 24 hours since Currencies can be traded that long.

 

 
 
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