AutoScanTrade

AutoScanTrade Lite - the manual trading desk in two minutes

A two-minute tour of AutoScanTrade Lite, the manual trading version of AutoScanTrade for Windows. It covers the live scanner, trading from the panel and the ladder, the MANUAL TRADING window, the chart, the risk row and the record of your trades, all on the real program in paper mode.

Length 2:00Applies to AutoScanTrade LiteIn the guide AutoScanTrade LiteFull desk the same topic on the full desk

In this video

The 30-second version

The same topic in thirty seconds, made for a phone screen.

Both videos use AutoScanTrade Lite in paper mode with made-up symbols and prices.

Read the transcript

Scan. Pick. Trade it yourself.

This is AutoScanTrade Lite, a trading desk for Windows. It is built for fast-moving small caps, from the premarket, through market hours, and on after the close. Here is the whole Lite desk, in two minutes.

A live scanner, every session

On the right, a live scanner lists the stocks that pass your filters: price, gap, volume and relative volume. Every alert gets its own row, newest on top, so nothing is overwritten, and each row tells you which alert fired, and when.

Click a row. Trade it.

Click a row to arm that stock. The trading panel, the ladder and the chart all follow it. Set a size, then buy or short with one click, or with a two-key hotkey, such as SHIFT+F1.

The whole trade on one rail

The trade ladder draws your entry, stop, target and trailing stop, each with what it is worth, in dollars, at that price. You can even drag a level to move it.

Charts, indicators and signals

The chart opens in your browser and draws the same levels, with more than twenty indicators, and chart-signal arrows.

Your exits, your settings

The MANUAL TRADING window holds every setting a manual trade uses: take profit and stop loss, in percent or dollars, the trailing stop and the step lock, and how each order is placed. Long and short, side by side.

Limits before you start

The risk row sets a daily loss limit, trade caps and losing-streak pauses, checked before every entry you make when the desk is live.

Every trade, recorded

Every closed trade is listed with its costs and the reason it closed, and the order log keeps every order, every fill and the broker's exact reply.

Practise in paper first

The desk always opens in paper mode: live prices, and a virtual wallet. Your API keys stay on your own PC, and your stops are software stops, working while the desk is running.