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My Trading Robot Review
This system is undeniably one of the best stock trading systems out there. I’ve personally used it and monitor the 30+ stocks that I want to receive buy and sell signals on. It had gotten to the point where I could almost anticipate when the signals would happen… but discipline is the key with any systems…one must follow them to the T. You can set up how many stocks that you want to monitor within the robot’s system. The robot has done all of the long term and short term analysis for you. If there happens to be nuances in the marketplace and the robot provides a signal to sell your long position…the robot will undeniably reenter the trade when it has reached a more stable stock disposition… thereby protecting you on the downside and allowing one to re-participate back on the upside. There have been many times where the robot has given out sell signals on a particular stock and will reestablish a buy signal if the chart warrants within 30 minutes of the sell signal. The robot is there for you as a guide to eliminate market irritations that stem from analyst recommendations, indeterminate buyers and sellers, and from your own human intervention.
I feel that it is a very easy system to adjust to and learn from. It’s very difficult to follow all of the sectors in the marketplace and even more difficult to follow each individual stocks depth of the market. The Trading Robot takes all of the guesswork out of it.
The Trading Robot provides you with enough time to enter the trade…even if there were other robot participants. The robot provides you a recommended entry point. If you happen to pay less than that…well good for you…but keep in mind that the robot is designed to work once that target price has been achieved. Attempting to play false breakouts and breakdowns will inevitably get you into trouble…you might win some…but you will definitely lose on others… almost a zero sum game in my opinion. If you are worried about always getting the perfect price…I would try and find a trading platform that is simple to use and allows stop limits.
APOL and ESI happen to be 2 stocks that I have participated in with the robot. Sure…you can have your own idea about the value of these 2 securities…but the Robot is able to monitor the daily buyers and sellers based up the volume and price action. The complexity of the Robot is not that difficult to understand…it provides you with the opportunity to take advantage of long/short trends that you might not otherwise be able to see by staring at monitor all day. You might want to purchase APOL at 57… but the robot might not have a buy signal until 59… on a longer term trend… it is almost wiser to pay up for a stock once the robot has determined that the new buy trend has been established… something that you and I can’t monitor with the naked eye.
Regards,
Wendy Bryan
Long time user of My Trading Robot