Profit Target 25% Stop Loss – 50%
What is Autotrading?
Autotrading is a service that executes an investment newsletter’s trade alerts in an investor’s brokerage account. As an investment newsletter publishes email alerts to buy and sell stocks or options, the autotrading service receives those trade alerts directly and enters trades in each investor’s account. Each investor has their own private brokerage account; they just give the autotrader the permission to enter trades in that account. Only the investor can deposit or withdraw money from the account. The investor specifies how much money to allocate to each trade.
Autotrading services do not publish newsletters or recommend investments; they just execute the recommendation
Global AutoTrading specializes in autotrading equities and options, including fast moving instruments like spreads and other combinations. Global AutoTrading uses several brokers, such as Interactive Brokers, thus commissions start from $1 per equity trade and $0.70 (plus exchange, regulatory, and clearing fees) per option contract (and lower, the more we trade each month). If you have an existing account with IB, no need to open a new account! Likewise, Global AutoTrading also uses tradier, which offers a flate monthly rates of $10 per month for all you can trade equities and options (except for single-listed index options) (+ exchange and regulatory fees). Please visit the Global AutoTrading web site for general information about the autotrading services offered.