Hi, I'm Mark.
I've got this dream, you see, and that dream is to be drinking beers on the beach while making money at the same time. It's a long story, but the short version is that the way to make money became currency trading. And the way to make money while drinking beers on the beach is to have some software do the trading for me.
And so I created some automated trading software. And then I thought "gee, this software is pretty nifty. Why not let other people use it for a fee, in the standard somebody-pays-me-money-and-I-provide-a-service kind-of-way?". And I couldn't think of a good reason against that idea.
And then I had to think of a name. Thinking Stuff's Auto-Trading Machine got the nod (I didn't say I had to think of a good name :-). And that gets shortened to Thinking Stuff's ATM. Or just "TS".
It is definitely not "black-box" software. There isn't just a single trading system that's going to tell you when to buy and sell and you hope for the best.
You enter your own rules into TS. You test how those rules would have worked historically. You add and change rules and experiment until you're happy. You test how those rules work in a demo trading account, which is like a real account but with no actual money at risk. And when you're confident that your rules are going to be profitable in the real world, then you let TS run in your real account with your real money.
This software doesn't tell you when to trade. You tell it how to trade. And then it does exactly as you told it. While you're in front of the computer watching it; playing with your kids; on the other side of the planet; or on the beach drinking beers. (Or all of the above... if that's possible).
Now, your combination of rules is going to be different to somebody else's combination of rules. So even though you are both using TS, your trading will not effect, nor interfere, with each other. Which is why there is no harm to my trading performance by making this software available to others.
If you don't know of a profitable trading system, you can use this software to experiment and backtest and develop one. That was actually the original purpose for me to create this software.
There is actually plenty of software out there already that can do automated currency trading. The big, big difference is that you need to learn the scripting (programming) language particular to that software. You've got MQL, you've got TradeStation's EasyLanguage, you've got WealthLab's WealthScript. And so on.
What if you don't know the first thing about programming? What if you just want to focus on trading rather than programming? Are you doomed to hiring a programmer privately, with the thousands of dollars that is going to cost?
Not anymore. In TS, selecting trading rules is all done with your mouse. There's a bunch of trading rules you can pick from. You select them one-by-one from a list. No coding required!
So, my hopefully new friend, there is nothing stopping you from having your own automated trading software, in which you specify the trading rules yourself. You too could be down the beach drinking beers and making money at the same time very soon.
In general, automated trading software does these good things:
- It removes the emotional side to trading. Book after book has told you and me that emotions (namely fear and greed) are the biggest hurdle for traders, and the reason why most traders fail. Software doesn't become over-confident after a big win. And it can still pull the trigger after a big loss.
- It adds 100% discipline. Book after book has told you and me that lack of discipline is the other reason why most traders fail.
- Passive Income Generator. Kick it off and go do something else. Even work.
- Take care of your family. Okay, you know how to trade. You're quite good at it. But if something happened to you, you'd want to ensure your family is still being looked after, right? Set up your automated-trading software using your specialised knowledge, then demonstrate how to use the On/Off switch.
- Everything is automatic. It downloads prices for future backtests, it calculates entries, stops, exits, the amount of money to risk, whether or not this trade should be taken in light of the past X trades, it stores the details of trades, the amount won/lost, and more, and continues to do all of this while you're sleeping, at the beach, or in a different country.
- It removes the boring administrative side of trading - the recording of trades for your own purposes and for tax purposes. Now everything's stored for you, and all you have to do is use the Search and Print buttons.
Does it sound too good to be true? Well, let's get to what it's going to cost you:
If you had a can of softdrink every day, that'd be about the same cost as a full yearly subscription to all features available in TS. And remember - TS is something which is going to bring you in money. It's an investment in any sense of the word. (TS has the added benefit that it won't rot your teeth :-)
And that's for a full subscription. A monthly subscription to the auto-trading feature is just US$30. How's that for too good to be true?
See the full list of prices on the Purchase page.
The Normal Path
The normal path for someone without a decent trading system:
- Subscribe to Backtesting.
- Download the free historical price data from Gain Capital, Oanda, or DukasCopy.
- Load those files into TS.
- Create the interval data.
- Experiment with different trading systems until you find a couple that look promising.
- Subscribe to Auto-Trading.
- See how those trading systems do in real life, using the Gain Capital demo account.
- When you are satisfied that your trading system is profitable, buy the Oanda API.
- Start off trading in your Oanda API demo (FXGame) account, just to be sure.
- When you are satisfied that your trading system is profitable, let it trade with your real money in your Oanda FXTrade account.
Subscribe to Alerts whenever you think it will be helpful. Some people buy it as soon as they start Auto-Trading in their demo account. Others wait until they are using their real account. Others buy Alerts and none of the others.
For people that already have their trading system and just want to automate it, start at step #6.
Coming Soon! You will be able to use EFX Group, MB Trading, or Interactive Brokers.
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