Stocks & Commodities V. 33:06 (34–35): Q&A by Don Bright
Product Description
Q&A by Don Bright
AUTOMATIC RESPONSE
I’ve been trading for a few years and have stayed profitable. I prefer to trade manually instead of using automated programs. I fear some sort of runaway similar to the one exhibited on the flash crash day of a few years ago. However, I would like to have a little more speed in reacting to market setups. Do you have traders who use any sort of automatic response order entry?—JRB
Thanks for the interesting question. I think I can offer some suggestions. Not knowing exactly what your triggers are for entry, I will just describe some generic examples.
Excel spreadsheets: We use the RediPlus add-in for our Excel spreadsheets using DDE links (an incoming stream of real-time market data, prices, and so on) to various cells. Last price, previous price, high for the day, low for the day, volume, volume-weighted average price (VWAP), and other pertinent data...
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