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The Advantages of Automated Trading - Harness the power of your computer to quickly identify and react to trading opportunities

Barron's Award ImageIt once would have required hiring a staff of programmers. But TradeStation now offers you the ability to harness the superior processing power of your computer to fully automate your stocks, options, futures and forex trading. It's actually designed to automatically monitor the markets for you based on your own rules and then send your orders to the marketplace—within fractions of a second—when an opportunity arises. And this unique feature offers you a host of potential key trading advantages...

 

Advantage 1: Identify and react to opportunities faster
No more missing a trading opportunity just because you aren’t staring at the right chart closely enough. Or wasting precious seconds entering an order manually while the market moves away from you. Using the superior processing speed of your computer, TradeStation is designed to monitor the markets, seek and identify trading opportunities based on the trading rules you’ve specified—and then send your buy, sell, and even your cancel orders—within fractions of second to all major ECNs and exchanges. And when seconds can mean the difference between a big gain and a disappointing trading loss, we believe you'll find this a significant advantage.

Advantage 2: Track more markets than ever before simultaneously
No longer do you have to be glued to your screen, trying to keep up with each stock at once. TradeStation gives you the power to monitor dozens or even hundreds of securities at once—and do it more efficiently—than ever before. It's designed to follow multiple markets for you easily, no matter how complex your trading strategies are, or how precise your trading rules are. That means that you can include multiple conditional entries and exits, profit targets, protective stops, trailing stops, and more in your strategies, and have them all automated simultaneously.

Advantage 3: Reduce emotions and increase your trading discipline
How often have you missed a trading opportunity simply because you hesitated too long…or watched your profits disappear because you held out for more profits, instead of sticking to your planned exit strategy? There’s simply no doubt that emotions can be your worst enemy when trading. TradeStation helps you combat your emotions by helping you get into the market—and out of it—all based on the historically tested strategies you design.

Click here to find out How it works.

 
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* Ratings are based on a hands-on review of each company's online brokerage products and services by a Barron's journalist, in several categories, after which numerical scores are assigned per category and aggregated to determine overall numerical score and star rating. You may contact the company if you are interested in learning more about these ratings. Barron's is a registered trademark of Dow Jones.


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