automated trading via optionshouse api
Trading securities is a dangerous game. It can be difficult to develop a
strategy and stick to it in the face of an emotional marketplace that
stampedes from one extreme to the other. Sticking to a trading strategy
takes time, discipline and serious balls far beyond the capacity of most
human beings.
One way rise above the impediments is to encode your strategy into an algorithm and instruct a machine to execute that strategy for you. You can still freak out and pull the plug at any time, but until you do, machines can execute your strategy without hesitation or emotion. Just the exercise of encoding potential trading strategies into machine instructions is enough to spot problems and potential weaknesses.