Eugene, Thank you for the quick reply. I have a 5th question. Does JBookTrader have the ability to perform trailing stops in order to protect profit and limit losses?
Thanks again. Chris On Tuesday, April 22, 2014 9:08:52 AM UTC-5, Eugene Kononov wrote: > Hello Chris, welcome to the group. > > >> >> (1) Is JBookTrader designed for a day trader wanting to trade on the >> NYSE or NASDAQ? The reason I ask is most of the discussions here revolve >> around trading futures and I was wondering if this program was even meant >> for things other than futures? >> >> > Any financial instrument on any exchange can be auto-traded with > JBookTrader, as long as there is market depth (Level 2). > > > >> (2) Is JBookTrader designed for momentum scalping (also known as >> trend/breakout trading)? >> > > JBookTrader is strategy-agnostic. It is a framework, which allows you to > design and plug in your own trading strategies. > > > >> (3) What broker do you recommend? >> >> > JBookTrader only works with Interactive Brokers. > > > >> (4) Is it possible to have JBookTrader monitor hundreds of stocks >> (perhaps thousands) simultaneously? >> > > This is more of a "market scanner" functionality that JBookTrader does not > have. > > -- You received this message because you are subscribed to the Google Groups "JBookTrader" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send email to [email protected]. Visit this group at http://groups.google.com/group/jbooktrader. For more options, visit https://groups.google.com/d/optout.
