How To Trade It: Trader Insight from Profitable Traders
Casey Stubbs
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Meet the Trading Robot that is up 108% in 2022, Ep #113
• 21 minCasey Stubbs is a 9 ½ year United States Army Veteran and married father of nine. He is an entrepreneur, a leader in his local church, and is a successful business owner and trader. Casey is dedicated to helping people fulfill their financial dreams, while also achieving financial freedom. In this episode of How To Trade It, Casey shares the phenomenal success of Siphon X, his newly upgraded trading robot. You don’t want to miss it! Subscribe to How To Trade It You’ll want to hear this episode, if you are interested in… [00:31] Automated trading defined[04:48] When the system works best[07:57] How automated trading works[09:12] Casey’s embarrassing story of how NOT to trade[10:43] Benefits of auto tradingWhat is Automated Trading? Automated trading is when a computer program that you download onto your charts that will take trades “automatically” for you. It's also called: Algo-trading, Algorithmic trading, EAs or Expert Advisors-in relation to Forex, or Robots. It’s not 100% automated, as you often have input or need to occasionally tweak settings, and it's not as effective as a skilled trader can be. Still, it’s a great option, especially for those who don’t have a lot of time to devote to their trading endeavors. The System works best when… What we discovered was that Siphon X works beautifully when we apply it during certain market conditions, and works poorly in others. We looked at it on stocks, crypto, and currency pairs, and we determined that it works really well in a trending market. That is great news for us because we love to trade the trend. So, after heavily back-testing on trending markets, the results have been through the roof! The USD/JYP, for example, has been trading at a 90% win rate using our EA. Benefits & drawbacks Auto trading is a great choice for beginning traders. Using an EA allows you to speed up the learning experience. You only need to make adjustments that take a few minutes each week. Time is one of our most valuable resources, so saving time for other activities is a huge win in our book. It’s nearly impossible to replicate decades of knowledge and hands-on experience in a simple computer program. And, even though your EA returns may not yield as large of a profit as that of a live person, getting consistent, steady growth in your account is still a great way to go. Resources & People Mentioned Support the showConnect with Casey: Website: https://caseystubbs.com YouTube: https://www.youtube.com/TradingStrategyGuides YouTube: https://www.youtube.com/caseystubbs Facebook: https://www.facebook.com/TradingStrategy LinkedIn: https://www.linkedin.com/in/caseystubbs Twitter: https://twitter.com/caseystubbs TradingStrategyGuides.com: https://www.tradingstrategyguides.com/ Global Prop Trader: https://globalproptrader.com/ Email: podcast@tradingstrategyguides.com
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