Auto-Trading is the perfect solution for the active investor who has other commitments during trading hours
One of the main concerns potential investors have is about the
time and cost associated with selecting and actioning trades. This
starts with the cost of buying an on-line trading platform and learning
how to use it. You will need to buy in real time data to reflect
what’s happening in the market and then sit in front of your
computer and wait for the ‘right’ prices to appear.
For the individual self-trader these are very real concerns indeed.
Anacott Investments has recognized these concerns and has developed
our auto-trading interface to complement the auto-trade facilities
already offered by most of the recognized and reputable on-line
brokers.
Our auto-trade facility is completely free to Anacott subscribers
and takes all the concerns and monitoring time out of trading. Very
simply we can offer you ‘hands free’ trading. Once you
have an account with one of our associated on-line brokerage houses
we will send our trade alerts to their trade desk who will execute
the required trade on your behalf and according to your pre-determined
stipulations.
The advantages of auto-trading are:
- No need to personally monitor the markets all day.
- No need to buy expensive analysis software, live data feeds
or trading platforms.
- The auto-trade facility is offered free of charge to Anacott
customers.
- The buy, management and sell instructions and prices are all
provided by Anacott Investments.
- Both you and your broker will get a copy of our trade alerts
for your particular service(s).
- All of our subscription services can be auto-traded in regular,
IRA and 401(k) accounts.
- Your broker only trades to your pre-determined requirements
with respect to desired portfolio size and dollar amount allocated
per trade.
- Professional trade desks usually achieve better prices than
individual self-traders.
- Our associated Auto-Trade Brokers often offer discounted commission
rates to Anacott customers.
- Your relationship with your broker is private and outside the
scope of Anacott Investments.
- If you already have an on-line account with one of the main
brokers there is a good chance they are already on our Auto-Trade
Broker list, so you can start auto-trading straight away.
- Auto trading is available with the 30-day
free trial.
How auto-trade works in practice
Firstly you will need an account with one of our associated on-line
brokers. In setting this up you will need to determine the total
investment capital you have available, how many positions you want
in each portfolio and how much you wish to assign to each new position.
We will help you with this as once you have subscribed to one of
our service(s) you will receive full auto-trade set up instructions
for your particular on-line broker.
When we send out a trade alert for your service(s)
one alert will go to you by e-mail, as always and if you are auto-trading,
the same alert will also go to your broker’s trade desk. Your
broker will then execute the trade on your behalf and in line with
your pre-agreed stipulations. All transaction details will appear
in your broker statement.
The only requirement in auto-trading is that you regularly monitor
your on-line broker account. This is to ensure that you have the
required number of positions in your portfolio at all times. This
is so that new positions are opened until your required portfolio
size is reached and that when a position closes out the broker knows
to open the next new position that is sent out for your service(s).
This keeps your portfolio funds fully invested and earning maximum
returns. Anacott have endeavored to make this monitoring as easy
as possible. The absolute maximum you will have to check your account
is daily but in practice and as you become more familiar with our
trading activity, this requirement may well lessen.
To make monitoring
easier Anacott will only open one new trade position oer service per day. This means you can check your on-line account from close of trading
at 16:00hrs EST to 09:30am EST the next day, in order to make any adjustments to your trading parameters if neccessary.
What should you do next?
If you already have an account with one of our auto-trade brokers just go
to our order_page and
subscribe to our free trial for the service you require. The
rest of the auto-trade set up process is fully automated.
You will shortly receive an e-mail confirming your subscription
and giving you full instructions on how to set up your on-line brokerage
account to trade our services. We also send an e-mail to your
broker confirming your eligibility to auto-trade the selected service.
You then need to set the parameters of your auto-trade account
in line with the set up instructions you received. You will start
receiving trade alerts immediately and can actively auto-trade through the
30-day free trial.
If you have an on-line account with a broker who offers auto-trade
services but who is not on our list then please contact us. We
will make every attempt to encourage your broker to auto-trade our
services on your behalf. Most are only too happy to oblige and it
will save you having to change brokers.
So, not only do we offer you a 30 day free trial of our
services we also offer ‘hands free’ trading. With the
exception of moderate account monitoring we have made trading as
simple and straightforward as possible without compromising your security
and prudence.
NOTE: Auto-trading is not available for Canadian accounts. |
