Autotrading

[finances5]

Has anyone here had experience autotrading? That is you subscribe to a stock trading publisher or newsletter and then trade whatever that particular publisher is trading, doing it on an "automated" basis thus the term "autotrading".

Thanks.

 

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[Almond]

Hi, I haven't done this, but you need to be aware that the trades will not be executed at the same very moment, so your results will differ at least slightly. I personally prefer investing in my financial education and like to compare different advises from experts, but if you don't want to do it or don't have time for it, may be try this autotrading with the small amount of money and choose your broker wisely. And if you're not happy with the results it may make sense to try a couple different brokers and don't blame the autotrading system right away....

 

[Almond]

Hi again,
No aure why I didn't think of it earlier, but what is the main difference between autotrading and PAMM account? Seem to be pretty similar:
The PAMM Accounts service allows investors to earn without trading on their own and managers to get additional income
through efficient management of investors' funds.
Source: alpari.com, "What is a PAMM Account?"

 

[finances5]

Hi again,
No aure why I didn't think of it earlier, but what is the main difference between autotrading and PAMM account? Seem to be pretty similar:
The PAMM Accounts service allows investors to earn without trading on their own and managers to get additional income
through efficient management of investors' funds.
Source: alpari.com, "What is a PAMM Account?"

Do you need a foreign broker, outside of the states, to do some PAMM trading? Thanks.

 

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