Automated, unattended Trading

Discussion in 'Automated Trading' started by David Cohn, Sep 5, 2003.

  1. Dave,

    IB is usually fine. But about 3-4 weeks ago, I had couple of disconnects/day for 2-3 days. Also couple of times, I remember seeing IB broadcasting messages for some stops being cancelled (not mine). Anyway, these problems are kind of rare but you need to account for them.

    Chinook
     
    #11     Sep 7, 2003
  2. ctrader

    ctrader

    It should be possible to implement this type of strategy using TWS by itself.

    ie I determine that i want to be long the stock if it goes above $10.50, the night before I enter a STOP order to buy at 10.50, and two conditional orders, a stop loss at say $9.99 and a limit sell at $11.50 in an OCA group. The sell orders are active only after the entry order is filled. Each night I can update my orders from there.
     
    #12     Sep 7, 2003
  3. Hungry4Knowledg,

    Thanks for the comment. I am interested in exploring this further. Do you know who these firms are that would trade a strategy for me on their behalf using a locked or encrypted TradeStation strategy?

    Thanks,

    Dave
     
    #13     Sep 7, 2003
  4. Banjo

    Banjo