In an effort to diversify investment ideas for growth and returns I have decided to give Lending Club a try. Signing up for an account was really straight forward and easy, funding the account took a few days. I started with $5,000, this makes me eligible for their $50 bonus to invest. I didn’t want to do too much work as I already spend lots of time after work looking at charts for ETF’s so I opted to enable automated…
Today I am sharing the results of the ScaleTrader post I made earlier this week. DUST is a relatively volatile stock so it was a good candidate to try it out on. I crossed out two trades in the report that were done manually and were not done by ScaleTrader. These equate to an adjustment of -496.55 off of the total realized P/L, so the actual realized for ScaleTrader alone is 592.94 on DUST. Not bad for two full trading…
I am a huge fan of automating my stock strategies as it usually means that I won’t have to worry that I keyed in something too slowly on my phone or computer when trading. Or worse I made a mistake when buying or shorting a security like what happened below! On the bright side that mistake cost me less than $5 with commission. So what is ScaleTrader? ScaleTrader is a tool that interactive brokers has to scale into and out…