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The Option Alpha Podcast

197: Fully Automated Trend Trading w/ Stocks Or Options

The Option Alpha Podcast

Kirk Du Plessis

Investing, Trading, Stock Market, Business, Options Trading, Education, Finance

4.81.2K Ratings

🗓️ 22 October 2020

⏱️ 65 minutes

🧾️ Download transcript

Summary

Show notes: http://optionalpha.com/show197

There's a lot of research to support the usage of trend indicators as simple risk reduction elements that can be layered onto an existing strategy. The trouble, however, was that in the past investors had to monitor the trend and execute the appropriate trade reversals when the trend changed. With automation, we can now offload this simple portfolio strategy to bots - and cleverly defined multiple possible trend exits all from one simple automation. This week's podcast walks through the two Macro Trend bots we built to show you how you can start leveraging the new automation tools at Option Alpha to trade either stocks or options in a trend.

Transcript

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0:00.0

There's a lot of research to support the usage of trend indicators as simple risk reduction elements that can be layered onto an existing strategy.

0:07.5

The trouble, however, was that in the past investors had to monitor the trend and execute the appropriate trade reversals when the trend changed.

0:15.4

With automation we can now offload this simple portfolio strategy to bots and cleverly define

0:20.6

multiple possible trend exits all from one simple automation.

0:24.9

This week's podcast walks through the two macro trendbots that we built to show you how you can

0:29.3

start leveraging the new automation tools at Option Alpha to trade either stocks or options in a trend.

0:34.6

You're listening to the option alpha podcast from option alpha dot com where we show you

0:40.3

how to make smarter trades learn how the stock market really works and generate consistent monthly income.

0:47.0

Now, your host, and head trader at option alpha.com, Kirk Dupluses.

0:57.6

Hey everyone, this is Kirk here again from Option Alpha.com, working every single week to make this the most popular investing podcast offered online because it's based on one thing and one thing only and that's helping you consistently

1:04.8

play smarter, more profitable trade. So thank you so much for tuning into today's episode,

1:09.4

number 197 and one that I think you're going to really enjoy because we're going to walk through two of the new bots and

1:16.4

templates that we built inside of the new auto trading platform that allow you to start

1:21.4

interacting with bots using trend decisions.

1:24.5

And this is going to be a really cool one to kind of piggyback on some of the other episodes

1:28.0

which we started doing around hedging strategies or using bots in different ways.

1:32.5

And what I want to continue to do is just show you some of the ways in which you can use

1:36.3

bots to get the creative juices and all of the ideas flowing in your mind.

1:41.5

Because I know that you guys have a lot of ideas. I know that there's a lot of things you thought the bots could do or you want the bots to do. And so this is just another example of how you can start to use automation within an existing framework that most people do

1:54.4

manually right now but that you could actually offload to technology. So again

1:59.2

we're going to go through two of these fully automated trend trading bots. One is going to be with stocks. So again,

2:05.8

we can trade automated stocks. If you don't want to trade options, you just want to always trade stocks.

...

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