We get asked a lot of the same questions

We at Tekton Algo Trading get asked many questions by our clients but these particular type of questions gets asked of us a lot.  We encounter it in trade shows, seminars, webinars and generally just from chatting with people who have an interest in the markets.  The questions go something like this…..

“Is it possible for me have a Full time Job and still trade Forex?”

“How many hours should I watch the markets everyday?”

“What alternatives are there to watching the markets?”

Which, fundamentally boils down to the same thing which is;

How do we get into Trading?

without having to spend too much time out of our daily routine, whether it be working 9-5 or free time

How do we make it worthwhile?

without having to stare at screens all the time and without all the stress

Listen, you definitely don’t need to be glued to your screen in order to become a profitable trader.

In fact, we advise against it.

Studies have found that staring at your screen excessively is not good for you and elevates stress levels especially if your not taking breaks or distracted doing other things.

But, you should be able to put in a few hours a week, so that you can put your trading strategies and your ‘trading logic’ (your decision making process) into practice.

When traders are entering or closing trades, they go through a thought process beforehand which results in entering a trade or even closing an existing one…unless they are gamblers and picking trades at random (very much frowned upon within our team).

The fastest and easiest way to do that is to put your trading logic into Tekton and test it out.  It’s the fastest and simplest algotrading tool on the market and allows you to put your decision making process into action and on top of that you don’t even need to know how to program an algorithm.  Tekton does it for you.

You Think it, Build it, Test it, Trade it – in that order, it’s that simple

Demo Tekton

Related Articles

What’s missing from most strategies?

Have you ever noticed the one thing about all the information you find out there these days about trading, you know – the various setups, strategies and systems.

Well, they all seem to put a lot of focus on the actual ‘Entry’ and nobody seems to talk must about the other part of that equation – Which is the ‘Exit’ right?

The Zen of Algotrading

One thing we can’t stand over here at Tekton is to see our fellow traders making their lives more complicated than they have to be. Which is why we algo-gurus decided to put our heads together and share a few solid rules of thumb we all live by when we set out each day for righteous battle.

Stacking things in your favour

“There is no “Secret Formula” that will grant us 100% Win Ratio.”

But the Good News is that, depending on the type of Strategy or System you are trading, you can have a Win Ratio of 40% or less and still be profitable.Trading by plan lets you know when to get into a trade and when to get out. (It isn’t an angel’s voice whispering in your ear every time you’re about to get greedy, friends. It’s the plan.)

If you’ve got a plan, it’s easier to stay objective and avoid revenge trading if things go south, as they will from time to time. And you’ll keep your mind focused and decluttered. No emotion allowed when you’re trading, remember? (Unless you’ve just won a trade and it’s party time.)
So, discipline, good. Gut instincts, bad.
The problem is, to practice your craft, you’ve got to actually get in there and play the market. And that means exposing yourself to a whole bunch of psychological obstacles you’ll need to be able to deal with effectively—pressure, fear, anger, uncertainty, etc.—if you want to come out on top.

Responses

stay informed!

Subscribe to receive exclusive content and notifications