This is the year 2010. We are trading the Stochastic oscillator with a risk setting of 6 in this automated video.
The risk setting is used to calculate the number of trades that are allowed at the same time.
You might have noticed, that the Robot Trading System is trading several positions, not only one position at a time.
One of the big benefits of automated trading is the fact, that your computer is able to calculate everything that is needed in a few split seconds.
Humans would need three or four seconds to multiply 13 times 14, but computers can do that – and a lot of more impressing calculation stuff – in a fraction of that time.
If calculating multiple positions based on an algorithm is easy for your PC, why would you spend hours and hours waiting for the right entry?
I think a lot of people do it for the entertainment, but I am more interested in results.
I have had lots of requests from people who wanted to know how much profit they could make by using the entry X or Y.
They think the more complicated their entry is, the higher would be the profit.
I used to think that way, too. I used Java, Selenium and two trading websites to scrape the entry signals for 18 different entry signals.
The system was a total mess, it made losses.
If you are interested in avoiding losses, maybe you want to watch the other performance videos on RobotTradingSystem.com – or wherever you get your trading performance videos…