The E-book? It is coming along nicely, should be ready by the end of March.

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A computer can aid your trading in countless ways. Machines do not sleep, they can react when you are incapacitated; they do exactly what you tell them to do.

The first example is that of shortcuts. You may decide to pick up a half hedge or a full hedge, and any second is precious, for price does not stop moving. A pre-programmed key combination would calculate the needed size accurately for you and place the order almost instantly.

Meta Trader comes with the possibility of running Expert Advisors that can open, close, manage trades. I personally run 30 of these at a time on a single account, and all of these meant to give me extra help, extra edges.

When you have a remote control only (cell phone) in your hand, the application is incapable of assigning trail stops to the orders. With a trading computer / cell phone combination this may no longer cause any problems, for one of your EAs could be a smart trail stop that you communicate to in a form of a code. For instance, you may want to initiate a holding, and do not want to be taken out of it just yet, so you put no stop loss with it – signalling to be ignored. If you chose to do this, you should be running a ratio hedger routine as well, just in case (that’s another thing a computer is for, auto hedging). Now, if you put anything other than 0 for stop loss – that may be the code for the Smart Trail Stop routine to start managing the trade. Some auto trading routines may be granted exceptions as well based on the magic numbers they use. Decisions do not have to be binary either. Say, if I put 0.1 stop loss that can mean that I want the trail stop to be locking in 1 pip gains upon going into 5 pips in gains, lock in 2 pips upon exceeding 8 pips gains and start trailing the stop ½ Fluctuation Size or 16 pips behind starting from 20 pips in gains, but if I put 0.2 stop loss for starters, I do not want the implementation of the first 2 steps, only the 16-pip trail stop.

Cropper routines can cut the positions if a condition was met. I often use cropping for trades opened with auto trading EAs, to cut them when they have made 2.5% or 7% gains relative to the account balance.

There may be other reasons, such as a perceived change in market direction to trigger a crop, a hedge or to initiate a trade. Many of the conditions are only temporarily present, and a human is at complete lack of sensitivity and incapable of making quick, informed decisions not to mention the execution speed.

Computer aid is not merely an option, it is a necessity.

A computer can aid your trading in countless ways. Machines do not sleep, they can react when you are incapacitated; they do exactly what you tell them to do.

The first example is that of shortcuts. You may decide to pick up a half hedge or a full hedge, and any second is precious, for price does not stop moving. A pre-programmed key combination would calculate the needed size accurately for you and place the order almost instantly.

Meta Trader comes with the possibility of running Expert Advisors that can open, close, manage trades. I personally run 30 of these at a time on a single account, and all of these meant to give me extra help, extra edges.

When you have a remote control only (cell phone) in your hand, the application is incapable of assigning trail stops to the orders. With a trading computer / cell phone combination this may no longer cause any problems, for one of your EAs could be a smart trail stop that you communicate to in a form of a code. For instance, you may want to initiate a holding, and do not want to be taken out of it just yet, so you put no stop loss with it – signalling to be ignored. If you chose to do this, you should be running a ratio hedger routine as well, just in case (that’s another thing a computer is for, auto hedging). Now, if you put anything other than 0 for stop loss – that may be the code for the Smart Trail Stop routine to start managing the trade. Some auto trading routines may be granted exceptions as well based on the magic numbers they use. Decisions do not have to be binary either. Say, if I put 0.1 stop loss that can mean that I want the trail stop to be locking in 1 pip gains upon going into 5 pips in gains, lock in 2 pips upon exceeding 8 pips gains and start trailing the stop ½ Fluctuation Size or 16 pips behind starting from 20 pips in gains, but if I put 0.2 stop loss for starters, I do not want the implementation of the first 2 steps, only the 16-pip trail stop.

Cropper routines can cut the positions if a condition was met. I often use cropping for trades opened with auto trading EAs, to cut them when they have made 2.5% or 7% gains relative to the account balance.

There may be other reasons, such as a perceived change in market direction to trigger a crop, a hedge or to initiate a trade. Many of the conditions are only temporarily present, and a human is at complete lack of sensitivity and making quick, informed decisions not to mention the execution speed.

There may be other reasons, such as a perceived change in market direction or a break out to trigger a crop, a hedge or to initiate a trade. Many of the conditions are only temporarily present, and a human is at complete lack of sensitivity and incapable of making quick, informed decisions not to mention the execution speed.

Computer aid is not merely an option, it is a necessity.

Computer aid is not merely an option, it is a necessity.