Alan Mohring – FX Scout

Description

Alan Mohring

Manager at Auto System Trader, LLC

Rockford, Illinois AreaFinancial Services

Current

Automated System Trader, LLC

Previous

Nihan and Martin Long Term Care Pharmacy, Walgreens Pharmacy

Education

University of Illinois at Chicago

 

 About Trading Systems

What is a trading system?

A trading system is a tool used by traders that uses objective entry and exit criteria based on parameters that have been determined by historical testing on quantifiable data. Systems are run on computers or servers and linked to an exchange for trading. Developers will send systems revisions (updates) as they see fit. Revisions can be instant messaged to Striker as developers modify stop orders as well.

 

Why should I trade a system?

Trading the futures and equity markets using a trading system provides the discipline to overcome the fear and greed that in many cases paralyzes a trader and prevent making timely decisions. Each order placed is governed by a pre-determined set of rules that does not deviate based on anything other than market action.