"Borrowing" trade signals

[brownsfan019]

Mark - great reply once again!

I think you summed it up - taking one setup and utilizing it on multiple correlated markets can be very profitable. It will also be stressful and require quick execution. For me, that works. I actually enjoy this much more than picking one and staring at that one chart. And as I mentioned, you can actually make MORE money on the trades where you borrowed the signal simply due to your entry price sometimes being much more favorable b/c you did not have to wait for something to confirm. Don't get me wrong, you need confirmation somewhere.

As for a trading platform that can do this, I haven't found one either. The best I have been told is to write or pay a programming guy to 'talk' to the trading software to do what you want. The other way to do this would be use of hot keys - where you just hit F1 and something happens based on what you program. That would be an easy workaround.

I'm still debating on whether T4 is going to be best for me in this situation to be honest. I love the platform but it has limitations just like anything I guess. I'm wondering if XTrader could handle something like this. Maybe even Ninja. I'll have to contact Mirus and see what they think.

If anyone knows of software the allows you to create hot keys or something along those lines, please let us know!

Thanks!

[Kiwi]

Don't forget button trader.

[Kiwi]

On complexity and stress.

A friend of mine was trading one market using market profile and market delta. This is a complex setup with few trades.

He's dropped that and moved to an indicator mediated pullback and divergence style of trading that has no premarket analysis and little to watch during markets.

He's successful with both. The change means he can do the same amount of work/stress dealing with 6 markets that he previously had on 1 market. The signals have a lower reliability/expectancy but there are a lot more of them to make up for it. Less stress in this case.