Bull & Bear Trader
BULL & BEAR
What is the Bull- and Bear Trader?
Bull- and Bear Trader are trading strategies that auto-trade either the long or the short side of the market. When you start for example the Bull Trader, it will buy and automatically take profit 24/7 or until you stop it. The strategy is always aware of market conditions and scales its orders accordingly to buy more when it's attractive, and less when it's not. And whenever it finds a good opportunity to take-profit, it will do so.
By continuously taking profits, it takes longer to build a large position. This is intentional and reduces your risk in volatile markets while allowing you to capitalise on smaller moves without risking too much of your equity.
When should you start the Bull- or Bear Trader?
Bull Trader - Start this strategy when you believe the market will go up in the coming days, weeks, or months. It's a long-term trading strategy and should be kept running for as long as you believe in the market direction.
Bear Trader - Start this strategy when you believe the market will go down. Equally to the Bull Trader, this is a long-term trading strategy and should be kept running for as long as you believe in the market direction.
Why should you use it?
Trading is difficult, very difficult! The Bull- and Bear Traders are the perfect trading companions that automatically take care of:
When you should build a position
How much you should risk
When you should take-profit
When you should accept a loss
By systematically trading your belief in the market with the Bull- or Bear Trader you won't have to worry about any of these things, and even if you are wrong you can still make a profit.
How do you get access?
The Bull- and Bear Trader are included in our "Experienced", and "Day Trader" subscriptions.
Parameters
Parameter | Purpose |
---|---|
Max Position | Defines the maximum position the strategy can hold |
Risk | Defines the tempo of the algorithm. The higher the risk, the higher the frequency of trades and faster accumulation of max position. |
Stop Loss [Optional] | Defines when the strategy should exit a position with a loss and stop the strategy. Can be set as a trailing stop loss, or based on the invested amount (default). |
Last updated