Strategy Desk Users' Group

[Tony G]

One of the best ways to start using your strategy when you are away from the computer is to use the Saved Orders feature.

Edit -> Preferences
- Alerts Tab: uncheck the first box to enable automatic trading.
- Trading Tab: Enable Integrated Trading, and under settings select NO order confirmation and under program trading select Add to Saved Orders.

You must have your symbols and alerts loaded in, and when the trigger occurs it will add an order to your saved list. For liquid stocks you can buy limit at the ask and sell limit at the bid. Then, let it run and see how your ideas are working. You will end up with a saved order list that may look something like this



once you get the alert, just right click on the saved order and click Place, or Edit and Place. If you are really confident you can set the trading tab to just automatically enter the order and skip the saved step. I have done this and it works like it is supposed to.

For penny stocks and scanning the herd of thousands of stocks, Strategy Desk may not be the right program to use. It is much better used for executing your Buy and Sell triggers on a short-list of stocks and formulas. It's not meant to be a heat-seeker or overall market monitor. Heck they can't even monitor advance/decline, so use it for what it's worth. Hope this helps.