Home
Welcome to Hands Free Trader
Successful, assisted trading strategies are our number one focus at Hands Free Trader. It is our goal to eliminate the human error that can take the best trading strategies and turn them into failure. An estimated 80-95% of all traders fail within their first year. While some fail because their strategy is flawed, most fail because they are not sticking to their trading plan. Fear, greed, and poor money management are the bane of new traders.
Using Hands Free Trader will help eliminate these mistakes that destroy new and experienced traders alike.
How Does Hands Free Trader Work?
Hands Free Trader offers assisted trading systems, as well as indicators, that run through NinjaTrader.
Our assisted trading is currently in beta testing and focuses on using proper management to achieve desirable returns. The user is given a variety of inputs to choose from which will determine how the trade is managed and executed. By doing this, you are allowing yourself to plan your trade's entry and exit strategy before the trade even starts.
If you would like to participate in the free beta test please email us at support@handsfreetrader.com. Not only will you get to try out the program for free but you will receive $20 off the final product upon its release for providing feedback.
For more detailed information on our assisted trading and indicators please visit their respective pages above.
Why Use NinjaTrader, and Where Should I Get My Market Data?
NinjaTrader is the best trading platform we've used, and the only platform supported by HFT. The built in features allow for fast and easy strategy activation. On top of that, NinjaTrader is an affordable platform compatible with many brokers. More information can be found here.
If you're in need of a data feed please read more about Kinetick here
What Markets Do You Trade?
Our systems support trading in all markets. Please note, we are currently looking for users to try out our assisted trading system for free. If you would like to participate in the free beta test please email us at support@handsfreetrader.com. Not only will you get to try out the program for free but you will recieve $20 off the final product upon its release for providing feedback.
Can I Make A Living From These Programs?
If you manage your money properly, then yes. However you must be aware that there is no sure fire strategy in trading. Anyone who tells you otherwise is lying. In order to succeed, you have to realize that all strategies will have losses from time to time. It is your money management that will determine whether or not you succeed.
General Money Management Tips
-
Allow for strings of losses: If you trade futures, you can do this by setting the number of contracts traded to a MINIMUM of 5 times your margin requirement. Ex: an account with a $500 margin would trade a maximum of 1 contract per $2500. For added security we recommend never trading more than 1 contract per $10,000 in account size. Until you're an experienced trader it's never a good idea to risk more than 1% on any given trade.
-
Always trade at the same level: Once you start trading a plan, do not fluctuate in the size you trade without a great reason. This helps keep your returns consistent. As money comes in, use extreme care when deciding whether or not to increase quantity traded. Most often, strings of winners are followed by losses. Quickly upping the amount you trade can wipe out those returns faster than they came in. Never increase your size if you're not making money. Your current risk should be based on your current account size and not what it started at.
-
Don't Close Out Before It's Over: It can be tempting to exit the market when you see profit, or to close out as soon as it goes against you. Doing this is a sure fire way to the poor house. Never close out a trade without a good reason.
Is There A Trial Period?
Yes! If you would like to participate in the free beta test please email us at support@handsfreetrader.com. Not only will you get to try out the program for free but you will receive $20 off the final product upon its release for providing feedback.
Currently, we do not offer trials for our indicators. You may view them ahead of time here.