If you have a busy career, then point-and-click day-trading is likely not a viable option for you. However, there are still ways you can profit from the markets. In fact, using automated trading systems might be your best bet because they remove much of what prevents most traders from succeeding - the human factor!
The sobering truth about trading is that so many would-be traders fail because they lack emotional control. Automated trading systems eliminate this issue. At Online Finance Academy we have responded to this opportunity by assisting our students with the development of their own trading systems.
And for those who would rather avoid the intensive amount of time and labor involved in developing an automated trading system, we will be offering our students exclusive access to our own highly profitable trading systems. We are currently trading the above system live, and profitably. If you would like to learn how to code successful trading strategies, or profit from the system above, contact us.
The success of this trading algorithm is the product of a significant amount of statistical know-how, coding expertise, and of course, trading knowledge. We do our best to avoid curve fitting: we don't optimize parameters and we test our systems over 15 years in multiple time frames and market conditions to ensure we don't have rude surprises going forward.
Should I Try Algo Trading?
Yes. And there are several reasons why every aspiring trader would benefit from doing some of their own programming. First of all, there are a variety of simple to use development/trading platforms, such as Tradestation, Zorrotrader, MT4, etc. Secondly, many traders are unsuccessful because they trade with emotion. If you have such issues - and most do - algo trading will help immeasurably. Thirdly, the moment when one starts to see that many of the strategies that people regard as 'successful' are actually wrong when they back-test them, they will have learned a very powerful lesson about life and trading.
In brief, everyone should learn to code!
Sobering Facts about Trading and why you should consider automated trading
About 80% of people who set out to trade actively will blow most of their account within the first year. For the most part, this is due to two main reasons:
You are competing against machines which are faster, and sorry to say, usually smarter.
The machines account for over 85% of the volume on major stock and futures exchanges. Still, people will continue to try their luck as point and click day-traders. If you’re not a dreamer, and you are highly motivated and can focus for at least 3-4 hours a day, you can succeed. But most people don’t have that luxury of time, nor the personality traits necessary to win over the long term.
If you represent a financial institution seeking advanced, financial market knowledge for your employees, or if you are an independent trader looking to truly master the financial markets, we have the solution for you.