Hybrid trading: semi-automated man and machine trading with automated algo trading systems.
- Knowing when to use a system is what separates the winning traders from the herd!
How to Get Started with Hybrid Trading in 5 Easy Steps
- Get a routine practice in trading - trading play/game play hours.
- Learn the basics and the feel of the controls.
- Anticipate a signal and manually enter or set the auto on.
- Attend the trading group to improve your trading stats later on.
- Use the AlphaWebTrader system alongside as a trade confirmation system.
1) Turnkey Workspaces
- Stage 1 - Workspaces 1- Manual Entry + Automated Exits
- Stage 2 - Workspaces 2- Hybrid Automated Entry + Exits
- Stage 3 - Workspaces 3- Hybrid Automated Trading + MTF
- Stage 4 - Workspaces 4- Hybrid Automated Trading + AWT + MTF
- Trade entries are instantiated by the trader manually or in automated modes as desired.
- Entries are based on trading signals and limited by the trade plan rules.
- The trade manager system will automatically place stops and targets and manage the exits.
- You may need to roll over contracts to roll forward to the current futures contracts for the micro indices.
- AFT8 video guides - View Turnkey Workspace Basics.
2) Set the Algo Entry Controller State for Manual/Hybrid Mode
- The Algo Entry Controller will pop up at the bottom left of the primary monitor.
- Set the state of the controller to switch off all filters.
3) Session Breakout - Trend Trading Basics
- When price crosses the yellow box up - green signal.
- "Green Long"
- When price crosses the yellow box down - red signal.
- "Red Short"
- Take all signals to begin with, up to 4 per chart per session.
- Later on, use the AlphaWebTrader System to assist which trades to take.
- Follow the trading group trade along to learn to identify high probability trades vs. mixed market trades to sit out and wait.
4) Manual Trading Entry with Automated Trade Management
- Check the chart for signals.
- Green Signal - Click Long
- Red Signal - Click Short
5) Semi-Auto Trading with Automated Trade Management
- Set long and/or short bias.
- Set auto on to allow the system to take the trade.
- Semi-auto set L1 and/or S1 to take 1 trade and stop.
- Uncheck all long or short or auto off to stop trading.