May 15, 2007

• Day trading system for the e-mini Russell

  I have a confession to make…
  I have been trading for 16 years now and love the challenge it provides, but quite frankly  am not thrilled at having to stare at my PC waiting for something to happen.  I would much prefer riding my Harley Davidson, traveling or just hanging out with my friends at a local outdoor café.  I got into trading so that I could afford a lifestyle that allows me to just “goof off” and have fun but…  What I didn’t realize was how much time I would have to spend glued to my computer to reach my goal. 
  I know I am not alone in these feelings and it's probably why the most commonly asked question I receive is, ‘how can I automate your program?” 
  Well I am very excited to say that a friend and fellow trader has finally successfully programmed in an IB system that trades automatically through Trade Station. 
  Let me give you a quick overview… 
  It day trades the E-Mini Russell futures market.  It uses this market because it has a lot of intra-day momentum and lots of liquidity.  The Russell by far offers more profit potential than any other E-Mini market. 
  Here’s the beauty of the program.  All I had to do is install it into my Trade Station account which takes all of 30 minutes.  After that all I had to do is leave my Trade Station software running and it does all the analysis and places the trades for me automatically.  Once it is in a trade it will also exit at predetermined times and parameters. 
  There are 3 MAJOR REASONS I like this so much. 

  Like I said, it allows me to “goof off” and at the same time be able to make money in the markets. (…)