TradeBolt Software

I'm always on the lookout for trading software that would allow me to fully automate my trades. Right now my full set of trading rules is too complex to code into FX Engines so I've been taking a look at another automated platform, called TradeBolt. What's appealing about TradeBolt is that I'd be able to code in both my forex system and my Signal Monster stock trading rules and consolidate all those trades onto one platform.

Their pricing plan is pretty reasonable, though certainly more than I'm currently paying for my forex and equities brokers - but then the benefits of being able to fully automate my system would probably be worth the extra cost. One thing that especially caught my eye was this capability: "TradeBolt automatically places your orders in the exchange server. This ensures that your orders will be placed and filled before manual orders and minimizes your connectivity risk and slippage." Having seen some pretty serious slippage in my equity trades this seems like a big deal, and could potentially offset or recoup the monthly and per-trade fees for the service.

On the flip side, I suspect I'd be checking on my automated trading quite frequently to make sure nothing had gone horribly wrong, since that's how I am - so it's hard to say whether I'd actually save much time over placing manual orders.

Anyway, just something I'm considering and thought it might be of interest to other folks looking to automate their trading.

Related links:
TradeBolt.com
Automated Trading Systems