February 27, 2019

Free automated trading: Fantasy or Reality?

February 27, 2019
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3 minutes

Whether it’s traveling the world, relaxing on tropical beaches, or devoting your days to an artistic passion, we all have our fantasy of what we’d do if we had all the money we wanted.

Trading seems to offer this opportunity, tantalizing us with the possibility of making a fortune without working hard for it.

In reality, however, trading is difficult, stressful, and sometimes, quite boring. And when your money is on the line, the last thing you want to do is leave the outcome of your trades up to chance.

But with trading available 24 hours a day 5 days a week on the forex and stock markets and 24/7 on the crypto market, it’s humanly impossible to track all your trades and all relevant indicators the whole time the market is open.

Lucky for you, there’s a solution to this problem: trade automation allows you to implement your trading plan and execute it without having to watch the market, constantly waiting for the ideal circumstances.

There are many benefits to automated trading beyond saving you from the tedious task of watching the market. For one, algorithms and the machines that execute them don’t have emotions, meaning that they are not prone to the impatience, fear, nor greed of the trader. They also can respond to market conditions and execute trades much more quickly than humans, in addition to being able to process massive quantities of various data types inhumanly fast. And of course, they don’t have to sleep, meaning they can monitor the market and execute trades round-the-clock without any intervention from the trader himself.

So you want to automate your trades?

In order to do so you need a trading account. There are hundreds of brokers with just as many offers to satisfy your trading needs. But if you want automation, your options are diminishing, and fast.

If you know how to code, there are several platforms that will allow you to code algorithms into their system. Each new strategy would require a brand new set of code and take lots of time, energy, and effort.

Alternatively, you could use some very basic systems offered by big brokers, but they are less customizable than coding your own algorithms. The same issue applies with using a blackbox solution like a trading bot which just uses one strategy on loop, or following other people’s strategies and paying them a percentage of your gains.

Or if you have the cash, you can choose the costly options of either paying a developer or a financial advisory to trade for you.

Unless you want to continue trading manually, those are your options.

Right?

With Capitalise, there’s another way. Capitalise is the first trading platform that empowers you to use natural language to automate your trading plans - no coding, no complicated system to learn. You simply write if-then strategies in plain English and Capitalise monitors the market and executes your trades from entry to exit, liberating you from both the screen and from emotionally influenced decisions that can undermine your trading plan. Capitalise is your one-stop shop for following, controlling, and executing trades via multiple exchanges and brokers in both traditional and crypto markets. And for now, it’s free!

To automate your trades with Capitalise, all you need to do is link your existing trading account to an account created at Capitalise.ai and start writing out your own, unique if-then automated trading strategies.

The strategies you write on Capitalise can reference technical indicators such as the Relative Strength Index, Moving Averages, and MACD, and fundamental indicators such as major news events and/or announcements as conditions for executing your trades.

One example of a strategy that uses a technical indicator is:

Buy 100K EUR/USD if the EUR/USD crosses above the Moving Average (100, Day, Close)

When implemented on the Capitalise platform, this strategy will execute if the price of EUR/USD crosses above the 100-day moving average of daily EUR/USD close prices.

An example of a strategy with a fundamental indicator is:

If the Interest Rate (US) results are above previous buy 100 EUR/USD

Where previous refers to the previous US Interest Rate results. This strategy will buy 100 EUR/USD if the next US Interest Rate results released are higher than the previous ones.

To recap: Capitalise allows you to write your strategies in natural language and then executes them without charging fees or requiring coding. But this offer isn’t going to last forever.

So what are you waiting for? Go to https://app.capitalise.ai/wizard and start capitalising on YOUR ideas!

Please note that the examples we provided here are purely for the purposes of illustrating how to use Capitalise and are not in any way to be taken as trading advice. This content is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results. Read more here

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