Start Your Own Hedge Fund With Automated Trading
In yesterday’s post on utilizing Trend Following to start your own personal hedge fund, we discussed that one of the allies of the hedge fund manager and one of the enemies of the self-directed investor is time.
A hedge fund manager has all day to watch the markets and conduct research. Most self-directed traders don’t have that luxury. They have a job–or two–that keeps them from intensive trading activities. And, after staring at a computer screen all day, the last thing they want to do is to examine charts and graphs.
Recent technology is changing this. Independent investors and traders can use a complete menu of Automated Trading systems to augment, or completely take over, their trading activities.
Two places you can find Automated Trading systems are Collective 2 (an affiliate partner) and Strategy Exchange. Other providers and services for Automated Trading include Ninja Trader and Strategy Runner.
Automated Trading systems simply identify patterns and buy and sell stocks and other assets. These systems can run in real time and trade during the day, or they can run at night and enter their orders before the market opens.
The advantages of Automated Trading are many. They include:
- They don’t make emotional or fear-greed based trades.
- They can be refined and improved over time.
- They can benefit from faster computers and accelerating technology.
Another advantage, and one that we’ll discuss in detail tomorrow in our final post on how to start a personal hedge fund, is that you can diversify your trading by using a range of Automated Trading systems with little extra time or effort.
If the hedge fund managers out there are hearing foot steps… it might be YOU… catching up on them.
Related posts:
- Start Your Personal Hedge Fund With Diversification
- How To Start Your Own Hedge Fund
- Start Your Hedge Fund With Trend Following
- Conspiracy Of The Rich No More, How Automated Trading Is The New Hedge Fund
- How You Can Optimize Your Automated Trading System Strategy
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is one of my favorite financial books of all time. It's an allegory about a guy who has a terrible job, and how he overcomes challenges to achieve his dreams.
