The Stock Butler provides entry and exit price base on your equity. How and where get this information?
If you like you can look at these English video that were sent to you by email. It could be good to look at the video to see the overall process.
Here is a step by step small guide on how to set up and start with your account.
1. Complete your user profile.
You should click here to complete your user profile with the accurate information.
You will need to adjust your
- Your initial equity. The amount of cash that you have at your broker to trade. This information is generally in USD since we are trading US stock with the Stock Butler for now.
- The default risk percentage that you have. For example, 1%. This number can be modified per trade in the order create page.
- The transaction cost for one transaction. For example, with a $1 per transaction this means that if you buy and you sell back, you will pay $2.
- The entry and exit price is already defined for you with the buffer.
- The number for share base on your current risk and equity.
- Simply click "Save" to add this order at your "order waiting to be placed" list.
You repeat step #3 and #4 for all the stock that you want to buy.
For each stocks in your "Order ticket(s) - waiting to be placed" tab, you will enter them at your broker with all the related information. Once it is done at your broker, you will click on the icon (1) to inform The Stock Butler that you have placed this order at your broker. It is only after doing this that The Stock Butler will start to monitor your trader and follow the rules for you.