SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: Dennis Lee (Hijacked) who wrote (5861)12/6/1999 3:14:00 PM
From: Eric P  Read Replies (1) | Respond to of 18137
 
Does anybody know of any trading software that offers
automation ? For example, I would like to write a script to
enter, cancel, adjust the orders based on the market action.


Dennis:

I don't know of anyone that publically offers automated trading capability. This would likely open the firm up to liability lawsuits when their automated system actually lost money... fast! However, automated trading is certainly a staple of proprietary institutional and hedge fund trading. For the individual trader, however, it requires quite a bit of computer skills to program all of the necessary computer programs to do this from ground zero. My partner and I have been developing our automated trading system for 3 years. We began trading with our automated system over a year ago and have been very pleased with it. It is an ongoing development effort, but worth the time.

-Eric



To: Dennis Lee (Hijacked) who wrote (5861)12/6/1999 9:21:00 PM
From: jtsaratoga  Read Replies (1) | Respond to of 18137
 
I believe that CyberX has something like that but not exactly "scripting". One can define criteria to trigger orders/alerts automatically base on the price and/or volume action.

I tried it once or twice but be careful since bad prints can trigger your orders.

Hope this helps,
JT