GoBabyTrade Fully Robotic Stock Trading

Entry Throttle

I think it would be helpful to have an adjustable throttle for position entries. This would prevent entries from occurring in clusters.

Sometimes a rumor or a careless comment from some VIP can perturb the market for a short time, and this can cause the autotrader to load up on stocks all at once. This can result in excessive risk that the rumor will be false or the comment will be subsequently clarified, and all of those positions go south at the same time.

To avoid this, an entry timer or throttle would allow the user to set a time limit (in minutes) that would control the fastest rate that new positions could be entered. Ex: if I had my throttle set at 4 minutes, then if I bought msft at 10:08 a.m. then I could not buy any other stock of any company until 10:12 a.m.

Ed Barsano Creator