CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
The ScaleTrader
TWS ScaleTrader is a flexible, automated trading algorithm that allows you to scale into a large position without being exposed to increasingly poor prices. Trade continuously over a certain price range to capture a user-defined profit compensation amount.
TWS ScaleTrader is designed to help you buy down a weak, falling market at ever lower prices or improve your average price. Conversely, you can sell into a market that, after reaching unstable highs, is likely to fall. The tool also helps you to gradually reduce your long positions.
The ScaleTrader Offers Traders the Following Advantages:
Multiple Product Support - Use ScaleTrader for most products supported, including stocks, options, futures, forex and bonds, but excluding mutual funds.
Trade pairs and combinations - The custom tab layout interface makes it easy to set up and monitor high-volume trades for stock pairs and combinations of multiple components.
Take advantage of volatile markets - ScaleTrader can be programmed to buy and sell repeatedly in a volatile market with a single click on the "restore size after profit taking" feature. This will reset the original size from the filled take profit page to allow the scale process to continue.
Get price protection for your orders - Fully automate the scaling of large orders to protect retailers from increasing price erosion.
Use automated profit taking - Automatically create profit taking orders for user-defined profit compensation to sell on temporary rises or liquidate your positions when you reach your profit targets.
Benefit from liquidity discounts - ScaleTrader can be a liquidity provision strategy that can help you benefit from the liquidity discounts of the stock exchanges.
