About IBDirect AutoTrading
Automatically have IBDirect trades placed in your real-life
brokerage account!
What is AutoTrading?
AutoTrading lets you choose any system on this Web site and have its trades placed automatically in your real-life brokerage account.
AutoTrade features include:
- You control trade size. Set a maximum number of contracts, or maximum dollar value for stocks.
- Trade multiple systems at once. You can AutoTrade as many trading systems as you like in one brokerage account -- even if the systems trade the same things, and even if the systems trade in opposite directions!
- Trade anything. AutoTrade supports stocks, options, futures, and forex.
- Monitor trades, positions, and profit-and-loss in real time. You can log in to this Web site and see all your trading status on one screen.
- Intervene whenever you want. You can close positions early to take a profit, or to stop a loss. See a trade you like? Increase its size. (Or decrease the size of trades you don't like.)*
- AutoSync technology keeps your account "synced up." If you've been around computers and the Internet for any length of time, you know that "bad stuff happens." Brokers' servers go down. They come back up. Internet connections fail. They get restored. We aren't surprised by "bad stuff"; we expect it. And we've designed AutoTrade to overcome it. Our advanced AutoSync technology is constantly monitoring your real-life brokerage account, and comparing it to what you should have in the account, based on your instructions and the trading system's trade record. We will adjust your account automatically to make sure you stay in sync with your chosen systems. Which means that even if something unexpected happens, you can expect that AutoSync will take care of you.
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You - and you alone - control how large or small to make the trades.
See up-to-the-second results for all your trading on one screen.
Sure, it's called "AutoTrade," but you're in control. Take profits early; add stop losses. Shut down trading at the click of a mouse. Or, relax and let the system manage itself.
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- Automatic Stop Losses. Our powerful Gen3 AutoTrade technology introduces a new feature: Automatic Stop Losses.** If you choose to use the optional feature, our servers will automatically place a stop loss order for each position opened by your trading system, at whatever dollar amount you specify.* This happens regardless of whether the trading-system uses its own stop losses.
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 Place automatic stop losses for each position, at a dollar value you choose.** |
Which systems can you AutoTrade?
You can AutoTrade any system you see on this Web site.
How do I start AutoTrading?
If you can press a button, you can set up AutoTrading. Just surf around this Web site. When you find a system you like, press the AutoTrade button, like this:
If you can press a button, you can set up AutoTrading. Our Setup Wizard will walk you through the process, including selecting a broker, setting trade sizes, entering your account information, etc.
You will be walked through the setup process by an AutoTrade Setup Wizard. The Wizard will list the brokers that are compatible with the system you trade. It will let you type in an account number (if you already have an account) or will provide a link through which you can open a IBDirect-Compatible AutoTrade account.
